Why the return of high inflation can no longer be excluded
Mar 08, 2021 07:36 am UTC| Economy Insights & Views
The Covid-19 pandemic has caused worldwide economic devastation. In the EU and the United States, many early emergency measures sought to address the shortcomings and disorganization of health care systems. Other policy...
S. Korea’s food price increase 4th-highest among OECD members
Mar 08, 2021 06:34 am UTC| Economy
South Korea had the fourth-highest food price increase rate among 37 members of the Organization for Economic Cooperation and Development (OECD) in January, primarily due to bird flus impact on agricultural...
Ford dismisses ITC's criticism over SK deal for not being based on hearing
Mar 05, 2021 23:59 pm UTC| Economy
Ford Motor Co on Friday dismissed criticism from the U.S. International Trade Commission for not being based on a public interest hearing, noting that it committed to SK Innovations battery programs before any misconduct...
US, EU agree on 4-month tariff freeze in aircraft dispute
Mar 05, 2021 23:58 pm UTC| Economy
The EU and the US agreed on a four-month suspension on tariffs imposed on billions of dollars of imports to ease the burden on industry and workers and focus on conflict resolution. The suspension will cover all US...
China banned Taiwan pineapples citing ‘ecological security’
Mar 05, 2021 08:32 am UTC| Business Economy
China banned the imports of pineapple, and the order came into effect earlier this week. Beijing announced that the tropical fruit could not enter the country, and Taiwan assumed that this is a political move. Taiwans...
Sinclair set to dismiss over 550 employees as business slowed down
Mar 05, 2021 07:11 am UTC| Business Economy
Sinclair Broadcasting Group announced this week that it would be laying off hundreds of workers soon. The company said it was left with no choice but to dismiss a percentage of its workforce as the business was affected by...
US suppliers to China's SMIC face licensing woes
Mar 04, 2021 23:21 pm UTC| Economy
The US has been slow to approve licenses for American companies to sell chipmaking equipment to Chinas Semiconductor Manufacturing International Corp (SMIC), with an estimated $5 billion worth of parts and components...
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