S. Korea approves Netherlands-based brokerage IMC to do business locally
Jan 13, 2021 23:28 pm UTC| Economy Business Investing
Netherlands-based brokerage house IMC was green-lighted by the Financial Services Commission (FSC) to operate a financial investment and brokerage business in South Korea on the condition that its subsidiary serves as a...
S. Korea allocates 30 trillion won to promote green energy, digital exports
Jan 13, 2021 15:46 pm UTC| Economy Business
South Korea will allocate 30 trillion won in trade financing to expand outbound shipments in green and digital sectors from $180 billion in 2019 to $250 billion in 2025. Exporters in such fields could also avail of...
S. Korea earmarks 205 billion won for eco-friendly ship projects
Jan 13, 2021 13:37 pm UTC| Economy Business
South Korea will allocate 205 billion won to build 39 eco-friendly ships this year, including 23 for the public sector. The funding is part of South Koreas vision to operate around 530 eco-friendly ships by...
Ford's sales in China up 6% in 2020
Jan 13, 2021 04:37 am UTC| Business Economy
Ford Motor Co. sold 602,627 vehicles in China last year, up 6 percent from 2019, to mark its first annual growth in the worlds biggest car market since 2017. The American carmaker posted impressive numbers in the past...
US branded coffee shop chains such as Starbucks suffer 24% drop in sales in 2020
Jan 12, 2021 23:37 pm UTC| Business Economy
Sales of US-branded coffee shops such as Starbucks, JDE Peets, and Dunkin are expected to return to pre-pandemic levels only in 2022, after suffering an estimated 24 percent drop to $36 billion last year. The coffee...
Jan 12, 2021 14:00 pm UTC| Economy
In South Korea, there are three types of housing that people live in. The most common today is the high-rise apartments and the other two are the detached and row houses. As mentioned, apartments are the most common so...
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