Imported commercial vehicle sales in S. Korea rise 15% in January
Feb 27, 2021 00:44 am UTC| Economy
Sales of imported commercial vehicles in South Korea rose 15 percent to 436 units last month from 379 the year before, according to the Korea Automobile Importers and Distributors Association (KAIDA). The increased...
S. Korea's 5G users up by 1.02 million in January
Feb 27, 2021 00:28 am UTC| Economy
South Korea registered 12.87 million 5G subscriptions as of end-January, up 1.02 million from the previous month, according to the data from the Ministry of Science and ICT. It was the first time for the increase in 5G...
Mitsubishi to pull out of $2 billion coal project in Vietnam
Feb 27, 2021 00:14 am UTC| Economy
Mitsubishi Corp. will pull out of the $2 billion, 2-gigawatt Vinh Tan 3 power plant project in Vietnam as it shifts away from carbon-intensive businesses in the face of climate change. The Vinh Tan 3 project is located...
What's behind $15,000 electricity bills in Texas?
Feb 26, 2021 14:49 pm UTC| Economy
Texans who made it through Februarys extreme cold weather without losing power or natural gas must have felt lucky. But for some, keeping their electricity through the blackout may turn out to be more traumatic than...
Texas was a warning. Australia needs to rethink the design of its electricity market
Feb 26, 2021 14:17 pm UTC| Nature Economy
Australias electricity market is unsustainable. Texas shows us why. A week ago Texas experienced a bout of severe weather as arctic air reached deep into the state, driving temperature down to levels that had not been...
Japan leans on Asian LNG production to lower purchase costs
Feb 26, 2021 00:17 am UTC| Economy
Japan will support Asian countries liquefied natural gas (LNG) production for use in power generation in the hope of reducing procurement costs for the energy source. The efforts to lower purchasing costs and ensure...
S. Korea posts 3.71 million-ton fisheries output in 2020 to hit 4-year low
Feb 26, 2021 00:01 am UTC| Economy
South Koreas fisheries posted a 3.71 million-ton output last year, down 3.8 percent from 2019 and marking the smallest since 2016, largely to sluggish aquaculture production and a fall in consumption. The output was...
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