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HONG KONG (AFP): Asian investors struggled to extend a global markets rally Wednesday (March 10) as they continue to fret over the prospect of soaring inflation and a hike in interest rates as the global economy explodes out of the coronavirus crisis.
SEOUL (Bloomberg): The suicide of Seoul's mayor in the wake of sexual harassment allegations shamed South Korea's male-dominated society. The April election to replace him is now turning into a battle over women's rights that could impact the legacy of self-described "feminist president" Moon Jae-in.
Consumption seen returning to pre-Covid levels by July
SEOUL (The Straits Times/ANN): South Korean President Moon Jae-in has voiced hopes for his country to become one of the world's top 10 economies this year, saying that economic growth is expected to rebound to pre-Covid-19 levels by the first half of the year.
Success in containing pandemic key to economic progress
SEOUL: South Korea probably ended 2020 with less economic scarring than its developed peers and comparable income levels, as exports helped drive a recovery even with multiple waves of the coronavirus making consumers reluctant to spend.
BRUSSELS (Reuters) - European Union leaders were seeking on Thursday to address the coronavirus pandemic's mounting challenges, including increased calls to limit travel and tighten border controls to contain more infectious variants of the disease.
HANOI (Vietnam News/ANN): Vietnam’s credit registry coverage increased to 59.6 per cent in 2020 from 41.8 per cent in 2015, said Đỗ Hoàng Phong, director of the Vietnam Credit Information Centre (CIC).
IN any discussion of tax matters, one should be aware that the matter of tax collection is not simply an act of the ruling elite passing a law to plan expenses to run a government, funded by increasing taxes from individuals and organised economic units, said Sunway University Business School economics and finance department head Prof Mohamed Ariff Syed Mohamed.