S. Korea eyes nuclear power plants in UK, as two countries agree to cooperate after Brexit
Oct 27, 2020 05:16 am UTC| Economy
Industry Minister Sung Yun-mo expressed hope for South Korea to participate in construction projects for British nuclear power plants in his meeting with Alok Sharma, UKs secretary of state for business, energy, and...
Financial support for Jeju Air to be discussed
Oct 27, 2020 01:33 am UTC| Economy
South Koreas Key Industry Stabilization Fund is slated to hold a meeting to discuss whether to provide financial support to Jeju Air, the countrys top low-cost carrier. The Export-Import Bank of Korea, Jeju Airs main...
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,...
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