Forget JobSeeker. In our post-COVID economy, Australia needs a 'liveable income guarantee' instead
Jul 02, 2020 15:10 pm UTC| Economy
There are now less than three months to go before the expanded JobSeeker payment is due to end. As a result, there is a growing political debate about what should happen to the unemployment payment that was roughly...
South Korea to back up 1,000 hydrogen businesses over 20 years
Jul 01, 2020 23:58 pm UTC| Economy
South Korea will support 1,000 businesses in the hydrogen industry over the next 20 years to develop a hydrogen-based ecosystem and economy. Consequently, the country will help create at least 500 companies in...
FxWirePro: Can USMCA & PMIs Bring In Optimism For Mexican Peso? Uphold USD/MXN Call Spreads
Jul 01, 2020 14:11 pm UTC| Research & Analysis Economy Insights & Views
The recent publication of the PMIs in a number of countries illustrated a significant improvement of sentiment. It seems questionable though whether sentiment in Mexico has improved to the same extent (publication of the...
S. Korea's SMEs struggle due to shortage of migrant workers
Jun 30, 2020 15:46 pm UTC| Economy
Over half of South Koreas 1,062 small to medium companies (SMEs) reliant on the foreign workforce are struggling due to a COVID-19-induced shortage of migrant labor. According to the response to the Korea Federation of...
S. Korea braces for record-high electricity demand during summer
Jun 30, 2020 15:13 pm UTC| Economy
South Korea will roll out energy-saving campaigns while avoiding face-to-face contact as it braces to supply 100.1 million kW in summer, up 1.8 percent from the last years peak. An additional 7.29 million kW of reserve...
India blocks 59 Chinese to safeguard sovereignty
Jun 30, 2020 14:59 pm UTC| Economy
The Indian government blocked 59 Chinese Apps for engaging in activities prejudicial to its sovereignty, integrity, defense, the security of the state, and public order. The ban against what India termed as malicious...
S. Korea's 3-T Won support to airlines way behind advanced economies
Jun 29, 2020 23:25 pm UTC| Economy
South Koreas plan of extending 3.2 trillion won to its airlines lags far behind advanced countries amount of government support extended to its airline industries. Out of the 3.2 trillion won, 2.9 trillion won is...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects