Shinhan Bank closing down 40 branches due to plunging revenues
Jun 24, 2021 07:17 am UTC| Business Economy
Shinhan Bank revealed its plans to get rid of more than three dozen bank branches before the year ends. It was reported that the financial institution cited the high operating costs and decreasing interest income as the...
S. Korea to hasten greenhouse gas emission reduction from pre-2013 ships
Jun 23, 2021 20:26 pm UTC| Economy Nature Business
South Korea will hasten efforts to cut the greenhouse gas emissions es from ships built before 2013 in line with new environmental regulations by the International Maritime Organization (IMO). Ships built before 2013...
Daewoo Shipbuilding to form global R&D alliance for eco-friendly, smart ships
Jun 23, 2021 20:22 pm UTC| Economy Business
Daewoo Shipbuilding Marine Engineering Co. (DSME) plans to set up a global research and development alliance to develop state-of-the-art shipbuilding technologies to sharpen its competitive edge in the construction of...
Japan needs to invest billions to revive chip industry: top adviser
Jun 23, 2021 20:21 pm UTC| Economy Business
Japan must contribute at least $9 billion toward chip development this fiscal year and billions of dollars more after that if it is to revive the industry. Tetsuro Higashi, Tokyo Electron Ltd. chairman emeritus and the...
Tokyo Olympic organizers disallow alcohol sale at venues
Jun 23, 2021 18:36 pm UTC| Economy Sports
Tokyo Olympic organizers have now disallowed sales of alcoholic beverages to spectators at competition venues, as complaints grew against apparent consideration for sponsors such as Asahi Breweries. Organizers had...
Microsoft's market value exceeds $2 trillion
Jun 23, 2021 14:21 pm UTC| Economy Business
Microsofts market value exceeded $2 trillion during trading on Tuesday, becoming only the second publicly traded US company, after Apple, to reach such a valuation. Its stock climbed 1.1 percent to $265.51. Microsoft...
Coinbase plunges 2% due to poor performance by Bitcoin and other cryptocurrencies
Jun 23, 2021 12:33 pm UTC| Economy Digital Currency Business
Coinbase fell 2 percent Tuesday to about $217 as Bitcoin prices tumbled, proving that it is not immune from the price volatility of other cryptocurrencies. The price slide is directly attributed to poor performance by...
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