
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...

S. Korea's 5G subscribers reach 7.37-M in June
Aug 10, 2020 10:52 am UTC| Economy
South Koreas 5G users have reached 7.37 million in June, up by 493,101 from the May, months before the launches of new phones that will use the network. The number of 5G subscriptions is expected to rise later this...
How Beirut's port explosion exacerbates Lebanon's economic crisis
Aug 09, 2020 22:48 pm UTC| Economy
The explosion that tore through Beirut on Tuesday August 4 was so strong that shockwaves were felt on the island of Cyprus, over 200 kilometres away. At least 135 people were killed and 5,000 injured in the blast. Such...
Early access to super doesn’t justify higher compulsory contributions
Aug 09, 2020 22:44 pm UTC| Economy
A big part of the Morrison governments response to COVID-19 has been allowing people early access to their superannuation. Australians who have claimed hardship have applied for A$30.7 billion to date. This has been...