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Category Archives: Economy

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US elections: What’s at stake for India’s economy?

Posted on October 28, 2020 by Admin
Four more years of Trump could mean more hardship for Indian firms, but a Biden presidency may not be too different.
Posted in Economy

Going off on the high seas: Shipping urged to cut food waste

Posted on October 27, 2020 by Admin
'Logistical failures' that waste food during transportation can be solved using IT, Singapore port operator says.
Posted in Economy

In the UK, young, non-white people likelier to lose jobs: Survey

Posted on October 27, 2020 by Admin
Think tank says younger, non-white workers are more represented in sectors that are worst-hit by coronavirus pandemic.
Posted in Economy

Bouncing back: South Korea’s recession ends as exports surge

Posted on October 27, 2020 by Admin
South Korea's economy grew by 1.9 percent in third quarter on stimulus measures, after shrinking in the previous two.
Posted in Economy

China to sanction Boeing, other US firms over Taiwan arms sales

Posted on October 26, 2020 by Admin
China says it is imposing sanctions to 'uphold national interests' after US approved $1.8bn in new weapons for Taiwan.
Posted in Economy

Huawei reportedly hoarded 5G chips before Trump sanctions

Posted on October 22, 2020 by Admin
Huge order of crucial chips for 5G mobile networks suggests mixed success of US campaign against Chinese tech.
Posted in Economy

Made homeless: S Korean finance minister falls foul of own rules

Posted on October 22, 2020 by Admin
Hong Nam-ki's new rules aim to protect tenants from rising costs, but landlords are replacing renters, including Hong.
Posted in Economy

Sweden bans Huawei, ZTE from 5G mobile networks

Posted on October 20, 2020 by Admin
Fearing espionage, the US has been pressuring European governments to review the role of Chinese firms in 5G networks.
Posted in Economy

Moderna CEO sees virus vaccine interim data in November: Report

Posted on October 20, 2020 by Admin
US drugmaker's CEO says Washington could approve vaccine for emergency use in December, Wall Street Journal reports.
Posted in Economy

China-made Tesla electric cars to start selling in Europe

Posted on October 20, 2020 by Admin
US-based electric carmaker says it will start shipping entry-level Model 3 from Shanghai factory to Europe this month.
Posted in Economy

US election concerns, record virus cases push stocks down

Posted on October 20, 2020 by Admin
Investors are concerned that a contested US election result could lead to volatile prices in stocks and other assets.
Posted in Economy

China’s economic rebound accelerates as consumers open wallets

Posted on October 19, 2020 by Admin
Gross domestic product grew by 4.9 percent in the third quarter after a 3.2 percent expansion in the March-June period.
Posted in Economy

‘Time is running out’: UK tells firms to brace for no-deal Brexit

Posted on October 18, 2020 by Admin
UK government is due to send letters to 200,000 traders setting out new customs, tax rules as EU trade talks stall.
Posted in Economy

Fashion victims: Garment workers risk losing jobs during crisis

Posted on October 16, 2020 by Admin
Clothing brands demand heavy cuts in costs of suppliers, many of whom could be forced to lay off workers, survey finds.
Posted in Economy

China’s consumers likely gave economy a boost in third quarter

Posted on October 16, 2020 by Admin
Economic growth is expected to have accelerated to 5.2 percent in the July-September period, economists say.
Posted in Economy

In response to US, China set to pass its own tech protection law

Posted on October 16, 2020 by Admin
The US has sought to curb big Chinese technology firms by using export controls to limit sales of key innovations.
Posted in Economy

$9 trillion: The potential income boost from coronavirus vaccine

Posted on October 15, 2020 by Admin
International Monetary Fund chief says global cooperation on coronavirus vaccine development is key to recovery.
Posted in Economy

‘Oppressive and dangerous’: Amazon workers take company to court

Posted on October 15, 2020 by Admin
Employees at Amazon warehouse in New York say firm reinstated output quotas despite the ongoing coronavirus pandemic.
Posted in Economy

K-pop band BTS’ label, Big Hit, is a smash with Korean investors

Posted on October 15, 2020 by Admin
Shares of Big Hit Entertainment surge on South Korean market debut, as company uses social media to boost audiences.
Posted in Economy

In boost to China’s southern powerhouse, Xi praises Shenzhen

Posted on October 14, 2020 by Admin
Chinese president promises to strengthen property rights, protect entrepreneurs, while semi-autonomous Hong Kong watches on.
Posted in Economy

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