South Korea's tariffs on Japanese steel found illegal by WTO
Nov 30, 2020 18:32 pm UTC| Economy
The World Trade Organization (WTO) ruled that South Korea violated the international anti-dumping agreement when it renewed a series of 15.39 percent duties on Japanese stainless steel bars in 2017. According to the WTO...
China imposes 212% tariffs on Australia's wine, claims dumping
Nov 29, 2020 19:22 pm UTC| Economy
Chinese regulators would impose tariffs of between 107.1 and 212.1 percent on Australian wines after finding preliminary evidence of dumping, causing material damage to the domestic wine industry in China. An...
Oil price reaches highest level since March due to promising vaccine, Biden transition
Nov 25, 2020 23:02 pm UTC| Economy
Oil surged to $47 a barrel Tuesday, its highest level since in March on Tuesday, due to AstraZenecas promising coronavirus vaccine that spurred demand recovery hopes and US President-elect Joe Bidens transition to the...
Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December
Nov 25, 2020 13:05 pm UTC| Commentary Economy
Taiwanese MIB and M2 money supply continued to record solid growth in the month of October. On a year-on-year basis, MIB money supply grew 12.85 percent, while M2 money supply rose 7.05 percent in the month. This is the...
UK inks stopgap trade deal with Canada to get ready for Brexit
Nov 22, 2020 22:02 pm UTC| Economy
The UK signed a stopgap agreement with Canada, allowing trade between the two countries to continue under the same terms as Canadas existing treaty with the EU. The two countries are working on a new bilateral...
UN agency's heavy fuel oil ban in Arctic criticized as outrageous
Nov 22, 2020 16:55 pm UTC| Economy
The Clean Arctic Alliance criticized as outrageous the UN agency International Maritime Organizations (IMO) ban on the use and carriage of heavy oil fuel (HFO) by ships in Arctic waters as it would come into effect only in...
Vietnam only Southeast Asian country poised for economic growth this year: IMF
Nov 22, 2020 13:42 pm UTC| Economy
Vietnam is the only Southeast Asian country identified by the International Monetary Fund (IMF) to be on track for economic growth this year, forecast at 2.4 percent. The IMF attributed the countrys decisive steps to...
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