Mexican workers in US are sending record money home despite coronavirus-related economic shutdowns
May 29, 2020 14:13 pm UTC| Economy
One might think Mexican immigrants in the U.S. would be sending less money home to their families as a result of the coronavirus. The 11.2 million people of Mexican origin living in the United States together send...
Coronavirus weekly: where next for globalisation after the crisis?
May 29, 2020 14:13 pm UTC| Economy
As lockdown measures start to be eased in most countries around the world, the experts of The Conversations global network have focused this week on the major trends that are reshaping trade and the global economy. Just...
Singapore Industry Groups Warn of Implications in Reducing Number of Migrant Workers
May 29, 2020 13:23 pm UTC| Economy
Industry groups in Singapore warned that a reduction in foreign workers would have numerous implications on the economy. They were reacting to a call for a change of policies with migrant workers making up over 90...
Overseas Card Spending by S. Koreans Stunted by Pandemic
May 29, 2020 13:21 pm UTC| Economy
Overseas card spending by South Koreans reached US$3.6 billion in the first quarter, plunging 23 percent from the $4.68 billion expenditures in the same period last year. It was the sharpest year-on-year drop in...
France Injects $8.8 Billion to Car Industry to Keep it Afloat
May 29, 2020 13:20 pm UTC| Economy
The French government is infusing over $8.8 billion to save the countrys car industry from huge losses brought about by the lockdowns. The countrys car production plunged over 90 percent duirng the pandemic. French...
Net Profits of S. Korea's Savings Banks Up 19.4% in Q1
May 29, 2020 13:19 pm UTC| Economy Business
South Koreas 79 savings banks reported a combined net income of 246.3 billion in the first quarter, rising 19.4 percent year-on, according to the data from the Financial Supervisory Service (FSS). The surge in net...
Airbnb Hosts in US Planning to Sell Properties
May 25, 2020 22:26 pm UTC| Economy Real Estate
A number of Airbnb hosts in the United States are planning to sell their properties as well as the furnishings they bought to adorn their homes due to the financial fallout from the pandemic. Canceled bookings cost...
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