S. Korea's food exports to Thailand up nearly 15%
Aug 28, 2020 06:33 am UTC| Economy
South Koreas food exports to Thailand rose 14.7 percent to US$112 million in the first half of due to the rising demand for ready-to-eat products triggered by the pandemic. According to the Korea Trade-Investment...
UK worst hit among major economies in Q2 with 20.4% contraction
Aug 27, 2020 11:34 am UTC| Economy
The UK was the hardest hit by Covid-19 among major economies in the second quarter, with its 20.4 percent contraction was well above the 9.8 percent drop for the 37 Organisation for Economic Co-operation and Development...
Definition of 'accredited investor' broadened to allow more Americans to buy shares
Aug 27, 2020 09:11 am UTC| Economy
The US Securities and Exchange Commission broadened the definition of an accredited investor to allow more Americans to buy shares in private companies while easing some company disclosure rules. The new definition...
Hyundai Steel to upcycle coffee waste
Aug 27, 2020 08:33 am UTC| Economy
Hyundai Steel is looking towards upcycling 360 tons of coffee waste a year, saving up to 210 million in disposal costs while creating jobs. In 2019, Hyundai Steel teamed with the Korea Productivity Center and Korea...
NongHyup Bank pledges 8-T won investment for 'New Deal' projects
Aug 27, 2020 08:20 am UTC| Economy
NongHyup Bank committed 8 trillion won over five years to support new energy projects and loans for smart farms that would enable greater use of information and communication technology in farming. The agricultural...
U.S. durable goods orders continue to surge in July on rise in motor vehicles and parts category
Aug 26, 2020 20:28 pm UTC| Commentary Economy
U.S. durable goods orders continued on a V-shaped recovery path in July, driven again by the motor vehicles and parts category. The data released today implies that overall durable goods demand have clawed back much of...
Economic hardship from COVID-19 will hit minority seniors the most
Aug 26, 2020 11:24 am UTC| Economy
For Americans 60 and older, COVID-19 is widespread and deadly. Its economic impact could also be devastating. With a recession fast developing, much of the attention on the downturn focuses on working-age adults, but...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects