Macau begins bringing back gamblers from China
Aug 13, 2020 04:50 am UTC| Economy
Macau has started reissuing tourist visas to bring gamblers back and keep casino operators from losing $15 million daily in expenses. The coronavirus lockdowns brought a severe downturn to the number of Macaus visitors...
US to label goods from Hong Kong as 'Made in China'
Aug 12, 2020 23:00 pm UTC| Economy
Good entering the US from Hong Kong after Sept. 25 will be labeled as Made in China, according to a notice in the US Federal Register. There are limited direct exports from Hong Kong, with most of the citys shipments to...
UK suffers 20.4% economic slump in Q2
Aug 12, 2020 22:32 pm UTC| Economy
The UK economy suffered its worst slump on record in the second quarter with a 20.4 percent plunge, the biggest of any major global economy. The slump, preceded by a 2.2 percent contraction in the first quarter, sent...
Greece's Preveza City leans on alternative tourism during pandemic
Aug 12, 2020 21:44 pm UTC| Economy
The pandemic opens up an opportunity for Preveza City, Greece, to promote alternative tourism, such as fishing and local life and culture related to the natural resources, says Constantin Koutsikopoulos, head of the...
S. Korea's gold market turnover hits record average of 13.1-B won in July
Aug 12, 2020 20:56 pm UTC| Economy
South Koreas daily gold market turnover averaged a record high of 13.1 billion won in July, far exceeding the previous 9.7 billion won record set in August 2019. The turnover is more than twice the 5.2 billion won...
S. Korea losses 277,000 jobs in July to push unemployment rate up 4%
Aug 12, 2020 15:07 pm UTC| Economy
South Korea lost about 277,000 jobs in July to push the number of unemployed people to 1.13 million, up by 41,000 lost jobs from last year. The figure represents a jobless rate of 4 percent, up by 0.1 percent from last...
UK's state-funded dining scheme boosts number of shoppers by 3.8%
Aug 11, 2020 14:42 pm UTC| Economy
The number of shoppers across all British retail destinations rose 3.8 percent last week from the previous week with the start of a state-funded eating out scheme that offers 50 percent off the bill for eat-in food and...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects