BOK to prop up S. Korea's modest economic recovery
Mar 11, 2021 23:44 pm UTC| Economy
The Bank of Korea (BOK) will continue monetary easing to prop up an expected modest recovery in South Koreas economy. According to the BOK, it will pay close attention to household debts and financial imbalances as...
S. Korea's exports from March 1 to 10 surge 25.2%
Mar 11, 2021 08:38 am UTC| Economy
South Korea exported goods worth US$16.3 billion in the March 1-10 period, jumping 25.2 percent from the $13 billion last year, mainly due to shipments of chips, according to the data from the Korea Customs...
S. Korean shipbuilders 56% of new orders in Feb.
Mar 10, 2021 23:19 pm UTC| Economy
South Korean shipbuilders won new orders of 43 ships or 1.56 million compensated gross tons (CGTs) to account for 56 percent of new orders in the global shipbuilding market in February. There were 92 ships or 2.82...
Tesla adds $106 billion to market capitalization after shares surge almost 20%
Mar 10, 2021 08:05 am UTC| Economy
Tesla Inc shares soared nearly 20 percent on Tuesday, its largest daily gain in a year that added $106 billion to its market capitalization, due to increased China sales and improved ratings on the stock by New Street...
You can't fix the economy if you can't see it: how the ABS became our secret weapon
Mar 09, 2021 05:32 am UTC| Insights & Views Economy
If we survive this economic crisis (and it is looking increasingly like we will, although the end of JobKeeper at the end of the month will be a setback) it will in large measure be because this time weve had real-time...
San Jose Fairmont Hotel kicks out all guests after sudden chapter 11 bankruptcy filing
Mar 08, 2021 10:21 am UTC| Business Economy
The Fairmont Hotel in San Jose, California just closed its doors and will remain locked for about two to three months. This happened after it filed for chapter 11 bankruptcy last weekend. The filing for chapter 11 and...
SK, LG battery dispute to continue after the USITC upheld findings SK stole trade secrets
Mar 08, 2021 10:21 am UTC| Business Economy
SK Innovations and LG Energy have been involved in legal disputes for quite a while now and the case is being heard in the U.S. The International Trade Commission is handling the proceeding since it is about alleged stolen...
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