Aug 01, 2020 14:40 pm UTC| Economy
Over the past two weeks, storms pummelling the New South Wales coast have left beachfront homes at Wamberal on the verge of collapse. Its stark proof of the risks climate change and sea level rise pose to coastal...
German automotive industry optimistic of export prospects
Jul 31, 2020 05:31 am UTC| Economy
Export expectations in Germanys manufacturing sector rose in July to 6.9 points from the -2.2 in the previous month with the automotive industry among the most optimistic due to economic recovery in many...
Skyrocketing unemployment is bad news for Boris Johnson
Jul 30, 2020 15:59 pm UTC| Economy
The COVID-19 pandemic has seriously disrupted the UK economy and major increases in unemployment are already occurring. It has already been reported that 649,000 jobs have disappeared during the lockdown. If history...
German real GDP growth shrinks in Q2 2020, likely to rebound in Q3
Jul 30, 2020 11:52 am UTC| Economy
Germanys real GDP shrank in the second quarter by 10.1 percent on a quarter-on-quarter basis. The fall was therefore slightly larger than consensus expectations of a decline of 9 percent. According to statisticians, all...
WTO to look into S. Korea-Japan trade feud
Jul 30, 2020 06:28 am UTC| Economy
The World Trade Organizations dispute settlement body will set up a panel to probe South Koreas complaint against Japans export restrictions. The decision was put off for a month due to Tokyos opposition. South Korea...
S. Korea may ease construction rules to help create more homes
Jul 29, 2020 19:27 pm UTC| Economy
South Korea may ease some construction rules such as those related to residential floor area ratio and floor-to-floor height per apartment building to supply more homes in Seoul and the neighboring area. According to...
Gold price surges to record high due to weak US dollar, pandemic
Jul 29, 2020 17:58 pm UTC| Economy
The price of gold soared to a record high 80,100 won per gram on the Korea Exchange, up 3.41 percent from the previous session, and rising for a fifth straight session due to the weak US dollar and pandemic-induced...
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