Surging freight rates lift share prices of S.Korean shippers
Nov 09, 2020 09:41 am UTC| Economy
Increasing freight rates boosted share prices of South Korean shippers, led by HMM Co., with investors seeing improved earnings down the road. On Friday, the Shanghai Containerized Freight Index reached 1,664.56,...
S. Korean firms urged to shift some exports and investments from Vietnam to Malaysia
Nov 09, 2020 06:44 am UTC| Economy
South Korean companies were urged by the Korea International Trade Association (KITA) to diversify their Southeast Asian exports and investments focus on Malaysia due to possible tariffs to be imposed by the US on...
South Africa has failed to harness the digital revolution: how it can fix the problem
Nov 08, 2020 11:23 am UTC| Economy
The COVID-19 pandemic has precipitated a migration from physical work spaces in many sectors of the economy to online, digital services, supported by staff working from home. Parts of the economy such as mining,...
How working from home could revitalise rust belt cities
Nov 08, 2020 10:56 am UTC| Economy
For years, we have been promised a work-from-home revolution, and it seems that the pandemic has finally brought it to pass. In April this year, at the height of the first wave of coronavirus, 47% of people in the UK were...
5 ways the Reserve bank is going to bat for Australia like never before
Nov 04, 2020 00:17 am UTC| Economy Central Banks
The most important of the five measures the Reserve Bank announced on Tuesday is the one that wont whirr into place for a very long time. Others start immediately. On Thursday the bank will wade into the market and...
Ant Group is holding the biggest IPO of all time – here's what it is
Nov 02, 2020 10:52 am UTC| Economy
Ant Group is likely to pull off the largest initial public offering (IPO) in history when it goes public on the Hong Kong and Shanghai exchanges on November 5. The Chinese digital finance giant is hoping to raise US$34.4...
Nov 02, 2020 10:32 am UTC| Economy
Toby Willison, a senior executive at the UKs Environment Agency, is departing for the private utility firm Southern Water. Willison has been with the agency since 2002 and is currently its director of operations. The...
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