UN agency's heavy fuel oil ban in Arctic criticized as outrageous
Nov 22, 2020 16:55 pm UTC| Economy
The Clean Arctic Alliance criticized as outrageous the UN agency International Maritime Organizations (IMO) ban on the use and carriage of heavy oil fuel (HFO) by ships in Arctic waters as it would come into effect only in...
Vietnam only Southeast Asian country poised for economic growth this year: IMF
Nov 22, 2020 13:42 pm UTC| Economy
Vietnam is the only Southeast Asian country identified by the International Monetary Fund (IMF) to be on track for economic growth this year, forecast at 2.4 percent. The IMF attributed the countrys decisive steps to...
S. Korea card spending up 6.3% during November shopping festival
Nov 22, 2020 00:34 am UTC| Economy
Card spending in South Korea on Nov. 1 to 15 when the annual nationwide shopping festival FESTA was held amounted to 37.4 trillion won, rising 6.3 percent from a year earlier. The shopping festival drew a total of 1,784...
US to add 4 more in list of Chinese military-backed firms
Nov 21, 2020 15:14 pm UTC| Economy
The Trump administration is poised to designate four more Chinese companies as backed by its countrys military, curbing their access to US investors. The designations would increase the number in the list of Communist...
S. Korea's foreign currency deposits reach record-high
Nov 20, 2020 22:35 pm UTC| Economy
Foreign currency deposits hit an all-time high in South Korea, increasing by US$7.87 billion to US$93.32 billion last month, surpassing US$90 billion for the first time. The US dollar deposits went up to US$6.85 billion...
US, S. Korean biz groups urge cooperation in trade, tech between governments
Nov 18, 2020 23:48 pm UTC| Economy
American and South Korean business groups called for the promotion of a global rules-based trading system and Industries while urging government cooperation in 5G mobile networks, artificial intelligence, other emerging...
Australia just signed the world's biggest trade deal, but what exactly is the RCEP?
Nov 18, 2020 03:53 am UTC| Economy
The giant Regional Comprehensive Economic Partnership between Australia, China, Japan, South Korea, New Zealand and the ten members of ASEAN (Brunei, Cambodia, Indonesia, Laos, Myanmar, The Philippines, Singapore, Thailand...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects