
S. Korea's foreign currency deposits reach record-high
Nov 20, 2020 22:35 pm UTC| Economy
Foreign currency deposits hit an all-time high in South Korea, increasing by US$7.87 billion to US$93.32 billion last month, surpassing US$90 billion for the first time. The US dollar deposits went up to US$6.85 billion...

US, S. Korean biz groups urge cooperation in trade, tech between governments
Nov 18, 2020 23:48 pm UTC| Economy
American and South Korean business groups called for the promotion of a global rules-based trading system and Industries while urging government cooperation in 5G mobile networks, artificial intelligence, other emerging...

Australia just signed the world's biggest trade deal, but what exactly is the RCEP?
Nov 18, 2020 03:53 am UTC| Economy
The giant Regional Comprehensive Economic Partnership between Australia, China, Japan, South Korea, New Zealand and the ten members of ASEAN (Brunei, Cambodia, Indonesia, Laos, Myanmar, The Philippines, Singapore, Thailand...

SMEs are a bedrock of the British economy – so why is it so hard to get northern enterprises funded?
Nov 18, 2020 03:49 am UTC| Economy
A wave of job cuts primarily hitting young people has seen unemployment levels increase to a record 4.8% in the UK. Through the pandemic, the British government has tried to establish support for jobs by creating and...

Ships moved more than 11 billion tonnes of our stuff around the globe last year
Nov 18, 2020 03:46 am UTC| Economy
The shipping of goods around the world keeps economies going. But it comes at an enormous environmental cost producing more CO₂ than the aviation industry. This problem should be getting urgent international attention and...
How popular is China in Africa? New survey sheds light on what ordinary people think
Nov 18, 2020 03:36 am UTC| Economy
Its been 20 years since the Forum on China-Africa Cooperation was first held. Another summit is planned for September 2021 in Dakar, Senegal. Meanwhile, Chinese and African officials are reviewing and reflecting on their...

RCEP to benefit S. Korean firms with elimination of tariffs, protection of intellectual property
Nov 18, 2020 00:55 am UTC| Economy
South Koreas inclusion in the Regional Comprehensive Economic Partnership is expected to benefit its companies through the elimination of tariffs and protection of its intellectual property rights in the...