S. Korea to invest 10 trillion won into smart city project, create 150,000 jobs by 2025
Oct 23, 2020 05:30 am UTC| Economy
The South Korean government will invest 10 trillion won into a smart city project and create more than 150,000 jobs by 2025, as the country aims to become a global leader in the New Deal initiative. According to...
Why sovereign credit downgrades no longer matter as much as they used to
Oct 21, 2020 23:23 pm UTC| Economy
The decision by credit ratings agency Moodys to cut the UKs sovereign credit rating has been a gift to the governments critics. The agency downgraded the UK from Aa3 to Aa2 on the rationale that its heavy reliance on...
China’s super-rich got $1.5 trillion richer during pandemic
Oct 21, 2020 09:05 am UTC| Economy
Chinas super-rich earned $1.5 trillion in 2020, more than the past five years combined, due to the popularity of e-commerce and gaming boomed during lockdowns. An extra 257 people also joined the billionaire club in...
Japan, China may restart mutual business travel in Oct.
Oct 21, 2020 04:37 am UTC| Economy
Japan and China may restart its two-way business travel for both short- and long-term businesspeople as they seek to revive their economies. Around 9.59 million Chinese visited Japan in 2019, including about 370,000...
Fact check US: Would the Democrats 'ruin the suburbs' as Donald Trump claims?
Oct 20, 2020 13:45 pm UTC| Politics Economy
In the first presidential debate Donald Trump asserted that if Joe Biden were elected, our suburbs would be gone. In his campaign rallies, Trump has repeatedly accused the Democrats in general, and Biden in particular,...
Trump took a sledgehammer to US-China relations. This won't be an easy fix, even if Biden wins
Oct 20, 2020 13:41 pm UTC| Economy
Few would have thought a US-China relationship marked by relative stability for half a century would be upended in just four years. But US President Donald Trumps privileged tour of the Forbidden City in November 2017...
You’ve probably heard of the Green New Deal in the US — is it time for one in Australia?
Oct 20, 2020 13:35 pm UTC| Insights & Views Economy
After the 2008 global financial crisis, Green New Deals were proposed in various countries as a way to pick up the pieces of the economy. The general idea is to create jobs while rebuilding societies, by targeting...
A sustainable future begins at ground level
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