Despite appearances, this government isn't really Keynesian, as its budget update shows
Jan 19, 2021 02:42 am UTC| Economy
It is tempting to think the Australian governments decision to spend big bigger than ever before, an unprecedented 33% of GDP this financial year according to the budget update marks an embrace of Keynesian economics...
UK meat exporters suffer post-Brexit border chaos with EU
Jan 18, 2021 20:52 pm UTC| Economy Business
The UK meat industry warned of looming border chaos as customs checks with the EU halted cross-border meat deliveries. To ease into the new customs checks, British meat firms have reduced trade volumes with the EU and...
Economic slump to push Japan further behind China in digital technology
Jan 18, 2021 20:40 pm UTC| Economy
Foreign affairs experts warned that unless Japan makes a serious effort to promote its digital competency as a national strategy, it will lag further behind China. Japan is struggling to prop up its virus-hit economy...
Myeong-dong: South Korea’s shopping hub facing big crisis amid the COVID-19 pandemic
Jan 18, 2021 10:23 am UTC| Business Economy
Myeong-dong in South Korea is one of the must-see destinations when visiting the region. It has been known as the shopping hub and features local and international stores. Myeong-dong sells everything from clothes to...
S. Korea's rechargeable battery exports up 2.9% to 7.2 trillion won in 2020
Jan 18, 2021 07:18 am UTC| Economy Business
South Korea shipped 7.2 trillion won worth of rechargeable batteries overseas last year, up 2.9 percent from the year before. Lithium-ion batteries used in electric vehicles (EVs) surged 10.6 percent on-year to 1.3...
JPMorgan leans on trading, investment banking to boost profits
Jan 15, 2021 14:59 pm UTC| Economy Business Investing
JPMorgan Chase Cos net income rose to $12.1 billion, or $3.79 per share, in the quarter ended Dec. 31, from the previous years $8.5 billion, or $2.57 per share. The performance also surpassed its expected earnings of...
Xi Jinping wants to restore ties with the US and calls on Starbucks for help
Jan 15, 2021 06:21 am UTC| Business Economy
Xi Jinping, the president of the Republic of China, reportedly called on Starbucks to help patch things up and restore its ties with the U.S. To be more exact, the Chinese president was said to have asked the former CEO of...
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