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Tue, May 07, 2024 01:13 AM All times are UTC

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US urged to block solar products from China's Xinjiang due to forced labor

Mar 17, 2021 00:04 am UTC| Economy

The largest US labor federation is calling for a ban on solar products importation from Chinas Xinjiang region over human rights concerns. The leader of the AFL-CIO, Richard Trumka, had written Secretary of State Antony...

S. Korean air shipments soar to $183 billion

Mar 16, 2021 23:57 pm UTC| Economy

South Koreas airfreight export deliveries reached $183 billion in 2020 to account for 36 percent of the countrys combined $512.5 billion exports last year, according to the data compiled by the Korea International Trade...

Japan orders record number of Taiwanese pineapples to counter China's ban

Mar 15, 2021 23:59 pm UTC| Economy

Japan has ordered a record number of 10,000 tons of Taiwanese pineapples after China suspended imports of the fruit on March 1 in an apparent attempt to squeeze its economy. Shunsuke Shirakawa, chairman of the Japan...

Central Banking Series

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...

Electric Car Series

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...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Huawei's Mate 70 Series to Run on Kirin 9100 Chip: AnTuTu Scores Equal Snapdragon 8 Gen 1

Rumors swirl around Huaweis upcoming Mate 70 flagship series, hinting at a groundbreaking inclusion: the Kirin 9100 chipset. Initial performance figures suggest the chip matches Qualcomms Snapdragon 8 Gen 1, setting the...

Kraken's Bold Move: Expanding into Germany with DLT Finance Partnership

Cryptocurrency giant Kraken makes waves with its strategic decision to launch operations in Germany, a pivotal move in its broader European expansion plan. Teaming up with DLT Finance, a regulated financial institution,...

Macron's France Targets Fourfold Increase in EV Sales by 2027; Welcomes BYD Factory Plans

France has announced plans to quadruple EV sales by 2027. The agreement, enhancing Frances position against global competitors, aligns with a state visit from China, spotlighting potential collaborations with major...

Shiba Inu Insider Urges Focus on SHIB and BTC Amid Market Rally

In a recent wake-up call, Lucie of the Shiba Inu team urged the cryptocurrency community to closely monitor Shiba Inu (SHIB) and Bitcoin (BTC) as both tokens exhibit strong price recoveries. This comes amid growing...

Is China Opening Doors to Bitcoin ETFs? Investor's Comment Sparks Debate

Following the recent launch of Bitcoin ETFs in Hong Kong, speculation is mounting over potential access for mainland Chinese investors. Richard Byworth, a prominent Bitcoin investor, suggested that these ETFs could soon be...