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S.Korea Oct. unemployment rate rises; jobs fall at fastest pace in 6 mths
SEOUL: South Korea's unemployment rate climbed to a three-month high in October, while the number of employed fell at the fastest pace in six months, as the resurgence in the coronavirus pandemic added pressure on businesses.
South Korea October factory activity grows fast
SEOUL: South Korea’s factory activity expanded at the fastest pace in more than two years in October, a private-sector survey showed yesterday, as global demand picked up from its coronavirus slump.
South Korea Oct factory activity grows at fastest pace in over 2 yrs
SEOUL: South Korea's factory activity expanded at the fastest pace in more than two years in October, a private-sector survey showed on Monday, as global demand picked up from its coronavirus slump.
S.Korea's economy returns to growth amid global virus struggle
SEOUL: South Korea's economy returned to growth in the third quarter, climbing out of the slump brought about by the coronavirus as its major trading partners began lifting pandemic restrictions
TSMC boosts 2020 revenue forecasts as Covid-19 transforms digital demand
TAIPEI: Taiwan Semiconductor Manufacturing Co Ltd (TSMC) hiked its revenue outlook again this year after logging record quarterly profit, noting the coronavirus pandemic was driving demand for advanced chips.
Laos gets rail boost from China
Country set to gain from US$6bil line to be operational in late-2021
Bursa closes higher, tracking regional peers
KUALA LUMPUR: Bursa Malaysia closed higher on Monday in line with its regional peers.
New York landlords press finance bosses to speed up return-to-work
NEW YORK: A loose coalition of New York’s top property owners and managers is pressing many of the city’s biggest employers –including powerhouses like Goldman Sachs, Blackstone and BlackRock – to speed up the return of workers.
Asian bonds attract foreign inflows for second straight month in July
BENGALURU: Asian bonds recorded a second straight month of foreign inflows in July bolstered by a hunt for higher yields and signs of recovery in the regional economies.
European banks face indigenous calls to end Amazon oil trade
LONDON: European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade in oil from the Amazon rainforest.