Exports from South Korea have grown consistently across 4 quarters, posting a double digit growth in June, propelled by a strong economic recovery in major markets globally and continued strong demand for memory chips and automobiles. In June, South Korean… Read More ›
According to the results of the European Commission’s monthly sentiment survey for the 19 countries sharing the euro, the economic sentiment among these countries have touched a 21-year-high following an accelerated pace of COVID-19 vaccinations on the back of which… Read More ›
In June, the pace of Chinese factory activity expanded at a moderate pace following an increase in prices of raw materials and disruptions in its export province of Guangdong which affected business activity. China’s official manufacturing Purchasing Manager’s Index (PMI)… Read More ›
In a statement private equity firm Bridgepoint said, it plans to raise $416 million (300 million pounds) through an IPO to help funds its growth and repay debt. The decision for a listing on the London Stock Exchange comes in… Read More ›
On Monday, a report from The Times said, Germany will attempt to ban British travellers from the European Union regardless of their COVID-19 vaccine status. Given that the Delta variant of the Coronavirus-induced COVID-19 is widespread in Britain, German chancellor… Read More ›
In a statement, Australia’s Foreign Minister Marise Payne said, with Canberra dragging Beijing to the World Trade Organisation over the latter imposing anti-dumping duties on wine exports, bilateral negotiations is expected to commence. Last week, the Australian government filed a… Read More ›
In a statement Indonesia’s flagship carrier, Garuda Indonesia said, it could not distribute coupon payments for its $500 million sukuk after a 14-day grace period, with the airline’s finances still significantly impacted by the coronavirus pandemic. “Under these circumstances, and… Read More ›
On Wednesday, in a statement EBay said, it will sell its South Korean business to Shinsegae Group and Naver, an e-commerce firm for around $3.6 billion (4 trillion won). According to Euromonitor, EBay Korea with a market share of about 12.8%… Read More ›
In a significant development, U.S. President Joe Biden is aiming to intensify efforts to renew transatlantic relations. On Tuesday, he will be meeting leaders from the European Union to cool off trade tensions and join forces to defeat the coronavirus-induced… Read More ›
On Friday, Domino’s Pizza Group said, Neil Smith, its CFO will be leaving the company to join Fuller, Smith & Turner, a pubs and hotels chain, as its finance director. Smith is expected to join Fuller, Smith & Turner by… Read More ›
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