Japan's last coal plant project scrapped amid efforts to go green
Apr 29, 2021 02:55 am UTC| Economy Business
Kanden Energy Solution Co. is abandoning plans to two coal-plant units with a combined capacity of 1.3 gigawatts at Akita Port due to the unfeasibility to operate coal plants amid the global push to go green. The...
Mondelez Q1 sales beat analysts estimates due to high demand for its biscuits, chocolates
Apr 28, 2021 12:40 pm UTC| Business Economy
Mondelez International Incs first-quarter revenue surged to $7.24 billion from $6.71 billion a year ago, beating Wall Street analysts average estimate of $7.02 billion, according to IBES data from Refinitiv. The...
Hyundai LNG Shipping inks 20-year lease deal with Malaysia’s Petronas
Apr 28, 2021 12:30 pm UTC| Economy Business
Hyundai LNG Shipping will hire up to six liquefied natural gas carriers owned by Malaysia-based Petronas LNG for 20 years beginning 2024. The contract involves 174,000-cubic-meter LNG vessels and could be the largest in...
S. Korea to impose 20% taxation on cryptocurrencies as planned
Apr 28, 2021 12:22 pm UTC| Economy Business
South Korea will impose a 20 percent tax on capital gains from transactions of cryptocurrencies next year despite growing calls by investors to postpone the taxation. Bitcoin and other cryptocurrency investors cried...
Japan, Australia, India address supply chain issues to avoid reliance on China
Apr 28, 2021 12:11 pm UTC| Economy Business
Japan, Australia, and India launched a new framework to mutually strengthen their supply chains of cars, medical equipment, and other products in a veiled attempt at relying less on...
Apr 28, 2021 10:00 am UTC| Business Economy
Lee Jae Yong, the Samsung heir, and de facto leader is spending time in jail after he was sentenced to a two and a half year jail term in January of this year. He was convicted in a case related to his bribery activities...
Genexine to supply COVID-19 vaccine to Indonesia
Apr 28, 2021 09:59 am UTC| Business Economy
Genexine, the South Korean biotechnology company, is said to have made a deal with PT Kalbe Farma, an Indonesian pharmaceutical firm. The contract is about the supply of 10 million doses of the COVID-19 vaccine that it is...
The Alberta government is interfering in public sector bargaining on an unprecedented scale
Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression
Canada needs a national strategy for homeless refugee claimants