US retail sales surge 17.7% in May
Jun 22, 2020 23:55 pm UTC| Economy
Retail sales in the US increased by 17.7 percent in May to shatter the lofty 8 percent estimate of economists surveyed by Dow Jones as consumers freed from lockdowns began shopping again. Clothing and accessories stores...
Ships worldwide being detained for having overstaying crew
Jun 22, 2020 23:24 pm UTC| Economy
Authorities around the world are clamping down on ships whose seafarers are working beyond their contracts, without crew repatriation insight. Failure to relieve overstaying crew who have become desperate, fatigued, and...
S. Korea eyes digital trade deal with Singapore within the year
Jun 22, 2020 23:20 pm UTC| Economy
South Korea and Singapore kicked off negotiations toward swiftly attaining a digital trade deal and making substantial progress at years end. Negotiations between South Korean Trade Minister Yoo Myung-hee and her...
S. Korea warned against taxing cryptocurrency
Jun 22, 2020 23:14 pm UTC| Economy
Economists warned the South Korean government that levying a cryptocurrency tax may stunt industrial growth in the emerging digital currency market. Yonsei University economist Sung Tae-yoon said it is premature for the...
Indian trade body demands 'country of origin' info to identify boycotted Chinese goods
Jun 21, 2020 23:38 pm UTC| Economy
The Confederation of All India Traders (CAIT) wants every e-commerce portal to mention country of origin on each product being sold so that Indian buyers can avoid Chinese goods. According to the CAIT, which has...
A greener economy: how we make sustainability central to business
Jun 21, 2020 11:43 am UTC| Economy
The coronavirus pandemic could change the world in ways that were unimaginable only a few short months ago. While the climate crisis has been temporarily knocked off the front pages, there is a silver lining in the...
Jun 21, 2020 11:39 am UTC| Insights & Views Economy
As one of the lead researchers of the Giving USA report, I study how U.S. philanthropy changes each year in response to the economy and other factors. Americans gave US$450 billion to charity in 2019, about $1 billion...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight