Bitcoin's rebound: 3 reasons this time is (sort of) different
Dec 06, 2020 09:37 am UTC| Investing Economy Digital Currency
Bitcoin is back. Three years after the bubble that inflated its value from US$5,000 to US$20,000 in less than three months burst in spectacular fashion, plunging more than 80%, the cryptocurrency is again on the verge...
South Korea's exports up 4% in November
Dec 03, 2020 00:58 am UTC| Economy
South Korea posted exports worth $45.8 billion in November, increasing by 4 percent on-year while rebounding from a 3.8 percent drop last month. The countrys daily exports in November also rose 6.3 percent on-year,...
S. Korea's carmakers suffer 5% sales dip in November
Dec 02, 2020 22:12 pm UTC| Economy
South Korea five carmakers sold a combined 674,040 vehicles in November, down 5 percent from the 710,466 units a year as the coronavirus outbreak continued to sap global demand. A series of strikes added to the...
Zimbabwe's cannabis earnings forecast of $1.25 billion is 'ambitious': economist
Dec 01, 2020 23:49 pm UTC| Economy
Zimbabwes export earnings projection from cannabis to reach $1.25 billion in 2021, three times more than tobacco, was called ambitious by an independent economist based in Harare, John Robertson. The economist said...
An all-out trade war with China would cost Australia 6% of GDP
Dec 01, 2020 09:14 am UTC| Economy
China accounts for more than a third of export dollars earned by Australia. The figures, for the 12 months to October, cover the period of coronavirus disruptions and disputes over trade. They apply to physical...
US legislators to vote on bill that may delist Chinese firms
Nov 30, 2020 23:15 pm UTC| Economy Law
The US House of Representatives is set to vote on a bill threatening to boot Chinese companies, including behemoths like Alibaba and Baidu, out of American stock markets. The bill, entitled Holding Foreign Companies...
Japan, China hope travel restart would boost economies
Nov 30, 2020 22:10 pm UTC| Economy
Japan and China are hopeful that the easing of border controls and compulsory 14-day quarantine requirements to expedite their economic recoveries. The two countries started accepting visa applications for business...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects