Credit loans by S. Korean banks expected to surge further in August
Aug 18, 2020 23:27 pm UTC| Economy
Credit loans by South Korean banks to individuals are set to increase for the third consecutive month in August due to soaring housing costs and other factors. The countrys five major lenders, namely KB Kookmin,...
US to further restrict Huawei's access to technology, chips
Aug 17, 2020 23:06 pm UTC| Economy
The US will tighten restrictions to prevent Huawei Technologies Co from obtaining semiconductors without a special license, including those made by foreign firms that have been developed or produced with US software or...
Air traffic not expected to restore pre-pandemic levels until 2024
Aug 17, 2020 22:16 pm UTC| Economy
Global air traffic is not expected to return to pre-pandemic levels until 2024, a year later than an earlier projection by the International Air Transportation Association (IATA). IATA now expects the global passenger...
US probing S. Korean steel pipes for unfair price-cutting practices
Aug 15, 2020 21:17 pm UTC| Economy
The US is probing steel pipe products by Korean firms Iljin Steel, Hanse Steel, and Husteel for the imposition of anti-dumping and countervailing duties after Texas-based steelmaker Vallourec Star requested a...
Don't rush into a hydrogen economy until we know all the risks to our climate
Aug 14, 2020 15:58 pm UTC| Economy
There is global interest in the potential for a hydrogen economy, in part driven by a concern over climate change and the need to move away from fossil fuels. This month, for example, Australias national science agency,...
Review of nine African 'blue economy' projects shows what works and what doesn't
Aug 14, 2020 15:53 pm UTC| Economy
Africa has 38 coastal countries and six islands whose maritime industry is estimated to be worth US$1 trillion per year. This figure will increase as they develop their offshore hydrocarbon, energy, tourism, maritime...
Turkey's collapsing lira: government is running out of options for embattled currency
Aug 14, 2020 15:52 pm UTC| Economy
The Turkish lira hit its weakest ever level against the US dollar on August 7, trading at 7.36 at one point, having lost nearly 20% of its value since the beginning of the year. It comes almost two years to the day since...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects