SEOUL: South Korea’s President Yoon Suk-yeol said he was not worried much in regards to the country’s external economic soundness, News1 reported on Friday (Sep 2). “The industry deficit widened by a great degree within August due to higher crude oil and item prices, but the saving account isContinue Reading
South Korea-based personal products maker Amorepacific will purchase Natural Alchemy, which usually operates the luxury elegance brand Tata Harper, as part of a strategic push to tap into the particular growing North American market. Vermont-based Tata Harper, which was launched in 2010 simply by Tata Harper and her former husbandContinue Reading
BEIJING: China’s manufacturing plant activity contracted the first time in three months within August amid weakening demand, while strength shortages and refreshing COVID-19 flare-ups disrupted production, a private field survey showed on Thursday (Sep 1). The Caixin/Markit manufacturing purchasing managers’ catalog (PMI) slid in order to 49. 5 withinContinue Reading
LAHORE, Pakistan: Veggie and fruit prices have soared in markets across Pakistan as devastating down pours ruin crops and disrupt supplies, an early sign of how the particular most severe floods in decades are usually creating food disadvantages at a time of financial crisis. Pakistan’s 220 million individuals are alreadyContinue Reading
BANGKOK: Thailand hopes to boost its tourism revenue to between 600 million to 700 billion baht (US$16 billion to US$19 billion) by year-end, by targeting high-spending groups like Indian wedding parties and honeymooners, a senior tourism official said. Famous for its white-sand beaches and nightlife, Thailand hopes to tap intoContinue Reading
SEOUL: The main risks to South Korea’s worsening trade balance are sluggish exports to China, high global energy prices and weak semiconductor exports, President Yoon Suk-yeol said on Wednesday (Aug 31). He made the remarks while presiding over his weekly meeting of senior officials on the economy, which was heldContinue Reading
SHANGHAI: Tesla provides shortened delivery waiting around times for its rear-wheel drive Model Ys in China to one to four weeks, it said on its Chinese website, the 2nd change in less than per month. The united states automaker previously cut the waiting period for the same version of ModelContinue Reading
TOKYO: The japanese needs over US$24 billion in expense from both the general public and private sectors to develop a competing manufacturing base regarding batteries used in places such as electric vehicles (EVs) and power storage, the industry ministry said on Wed (Aug 31). An expert panel tasked withContinue Reading
BANGKOK: Thailand’s economy can be expected to grow several per cent to a few. 5 per cent this year, with a slow yet steady recovery since the crucial tourism sector picks up and exports remain good, the particular finance minister stated on Wednesday (Aug 31). The number of foreignContinue Reading
SEOUL: An international tribunal has ordered the particular South Korean govt to pay Lone Star Funds US$216. five million plus fascination with a long-running dispute over the US private equity finance firm’s sale of Korea Exchange Bank. The problems awarded by the Global Centre for Arrangement of Investment Differences, howeverContinue Reading