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Tue, Jun 02, 2020 11:17 AM All times are UTC Edition :

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Municipal bond yields show investors willing to pay premium for debt that addresses climate change

May 29, 2020 14:30 pm UTC| Investing

The Research Brief is a short take about interesting academic work. The big idea Municipal bond investors are increasingly confident that as climate change accelerates, cities will be forced to prioritize projects...

Digital Currency Revolution

Bitcoin halving Q&A: what it's all about and what it means for the cryptocurrency

May 14, 2020 10:50 am UTC| Digital Currency Investing

Bitcoin, the first and leading cryptocurrency in terms of trading volume and market capitalisation, went through its third halving on May 11 2020. This major adjustment to how the cryptocurrency operates has only happened...

Korean Air Shareholders Given Preemptive Rights in Stock Sale to Raise W1 Trillion

May 14, 2020 10:02 am UTC| Investing

Korean Air Lines Co. will raise one trillion won by selling stocks with shareholders given preemptive rights to buy 79 million stocks to be issued at 12,600 won per share. The sale is part of the self-help measures...

Oil in Global Economy Series

S.Korean Oil Refiners Suffer Record Q1 Losses

May 13, 2020 00:55 am UTC| Investing

South Korean oil refiners posted a combined operating loss of 4.38 trillion won from January to March due to tumbling oil prices, sluggish refining margins, and the coronavirus pandemic. SK Innovation led all losers...

Number of Samsung Electronics Shareholders Multiply 5.65 Times Since Stock Split

May 13, 2020 00:55 am UTC| Investing

The number of Samsung Electronics common stock shareholders had surged to 1.36 million in March this year, 5.65 times greater than 241,000 in March 2018 when the stock underwent a split. The amount of the average daily...

Foreigners Raise Stake in S.Korean Bonds Amid COVID-19 Woes

May 12, 2020 02:44 am UTC| Business Investing

Foreign groups poured 16.9 trillion won in South Korean bonds in March and April to push their investments to 140.9 trillion won, according to the Financial Supervisory Service (FSS). The figure marks the first time...

Bank dividends are bare. Here's why some shareholders hate it more than they should

May 09, 2020 08:37 am UTC| Investing Economy

In bad news for retirees and others who depend on dividend cheques (and dividend imputation rebate cheques from the Tax Office) bank dividends have largely evaporated. But its not as bad as many commentators suggest, and...

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Economy

The drop in GDP rankings came as South Korea posted a nominal economic growth rate of 1.4 percent in 2019

South Korea produced a nominal gross domestic product (GDP) valued at US$1.64 trillion in 2019 to rank 10th globally, down two spots from 2018. The data was based on the Organization for Economic Cooperations (OECD)...

Migrant workers make up over 90 percent of Singapore's COVID-19 cases.

Industry groups in Singapore warned that a reduction in foreign workers would have numerous implications on the economy. They were reacting to a call for a change of policies with migrant workers making up over 90...

The drop was attributed to the lockdown-generated decline in the number of outbound travelers.

Overseas card spending by South Koreans reached US$3.6 billion in the first quarter, plunging 23 percent from the $4.68 billion expenditures in the same period last year. It was the sharpest year-on-year drop in...

The country's car production plunged over 90 percent duirng the pandemic.

The French government is infusing over $8.8 billion to save the countrys car industry from huge losses brought about by the lockdowns. The countrys car production plunged over 90 percent duirng the pandemic. French...

The surge in net income was due to increased interest income

South Koreas 79 savings banks reported a combined net income of 246.3 billion in the first quarter, rising 19.4 percent year-on, according to the data from the Financial Supervisory Service (FSS). The surge in net...

Politics

Donald Trump postpones in-person G7 Summit in Washington

Despite the continuous number of cases and deaths from the coronavirus pandemic in the United States, President Donald Trump is still keen on pushing for things to go back to normal. Trump announced that he has postponed...

Melania Trump faces backlash in latest Twitter update about the protests

The protests following the murder of African-American George Floyd at the hands of police officers has sparked chaos over the weekend. As First Lady Melania Trump attempted to give her thoughts on the chaos on social...

Donald Trump declares ANTIFA as a terrorist organization

In the midst of rising numbers from the coronavirus in the United States comes the unrest coming from violent protests that have occurred in a span of a few days. Following these protests, President Donald Trump has...

Joe Biden to appear at the Texas Democrat virtual convention

Former vice president Joe Biden and his campaign have somewhat ramped up efforts again to encourage people to vote for him. It was recently announced that Biden would be appearing in the upcoming Texas Democrat virtual...

Barack Obama says protests represent a ‘genuine and legitimate frustration’ but condemns ‘small minority’ who resorted to violence

Former President Barack Obama said that the wave of protests sparked by the death of George Floyd represents a genuine and legitimate frustration. He also believes that this heightened awareness of the ongoing problem of...

Science

Apollo 11: Neil Armstrong admits he and Buzz Aldrin ignored NASA's plan during moon mission

Neil Armstrong, along with Buzz Aldrin, became the first men on the Moon during the Apollo 11 mission in 1969. During an Apollo 11 press conference following the historic mission, the late astronaut revealed that they...

'Graveyard of lost ships' from Roman Empire discovered by archaeologists

Throughout history, the Roman Empire was among the most famous empires to have been established. Archaeologists have recently been able to shed more light on its history upon discovering several shipwrecks in the eastern...

Archaeologists find 18th century English shipwreck off the coast of Mexico

In the 1980s, a fisherman named Manuel Polanco spotted a shipwreck off the coast of Mexico. Upon further analysis, archaeologists were able to provide some possible information on the ancient wreck. Express reports that...

Black hole: NASA spots a black hole ejecting hot material into deep space

Although black holes generally consume material in space and everything that comes close to it, there are instances when material is also ejected out of the black hole. Recently, NASA was able to capture one particular...

Scientists find the first pterodactyl fossils in the United Kingdom

Many dinosaur fossils have been discovered in other parts of the world. However, a discovery on the Isle of Wight reveals the first pterodactyl found in the United Kingdom. Express reports that a fossil hunter found an...

Technology

‘Kingdom Hearts’ TV series could star Angelina Jolie and Will Smith, report claims

Avid fans of the Kingdom Hearts franchise received an exciting report recently as the popular JRPG title could be making its way on TV. More information has been published since, with the latest being Angelina Jolie and...

Why ‘The Sims 5’ is still unlikely getting announced at EA Play Live 2020

Fans have been anticipating many video game trade shows this year, including EA Play. Its format will be different given the COVID-19 crisis, but the event will still push through. However, any sort of announcement about...

‘PUBG Mobile’ will have an original map that features monster trucks and P90

Anyone who has been following updates about PUBG Mobile would know that Tencent was recently hinting at a major map reveal. More details were recently unveiled as the secret map debuted in beta. PUBG Mobile will have a...

Pixel 4a XL would have had two cameras, leaked phone case suggests

After months of the rumor mill churning plenty of details about the still unannounced Pixel 4a, smartphone fans seem to be in unison now in no longer hoping for a Pixel 4a XL. The bigger version of the mid-range device,...

iOS 14 could finally allow movable widgets on the home screenshot

Many loyal iPhone users would say the one reason they choose this device is because of the iOS operating system. However, they can also not deny that iOS has been restrictive when it comes to how users can customize their...