SKOREA
- ECONOMY
The Global Recovery May Have Already Peaked
(Bloomberg Opinion) — We were just getting used to the idea of a global economic recovery, an expansion replete with eye-popping…
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South Korea, Thai Case Record; Sydney Lockdown: Virus Update
(Bloomberg) — South Korea and Thailand both announced record daily infections as the coronavirus continues to spread in Asia. Sydney’s…
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Two IPOs Reveal Gen Z’s Vision of Banking
(Bloomberg Opinion) — India’s biggest-ever initial public offering can’t be chalked up solely to the zeitgeist. Like most markets, irrational…
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Fauci Warns on Path of Covid; Nations Set Curfews: Virus Update
The top U.S. infectious disease expert, Anthony Fauci, warned that the nation is moving in the “wrong direction” in combating…
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Fed Officials to Meet, GDP Data Coming Globally: Eco Week Ahead
Federal Reserve officials aren’t expected to signal a reduction in support for the U.S. economy when they meet this week,…
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Social Media Criticized; Tokyo Athletes Infected: Virus Update
U.S. senator Amy Klobuchar demanded that social media platforms be held liable for spreading misinformation about Covid-19 vaccines, a day…
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Asia’s Air Travel May Take Three Years to Recover From Pandemic
(Bloomberg) — Asian air travel may take another three years to recover fully from the devastation wrought by the pandemic,…
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The World’s Billionaire Factory Shudders as China Cracks Down
(Bloomberg) — It was the kind of brazen PR stunt that Jack Ma might have dreamed up. But this wasn’t…
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G-20 Warns on Variants as Global Outbreak Worsens: Virus Update
New variants of the coronavirus and an uneven pace of vaccination could undermine a brightening outlook for the world economy,…
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Seoul Social Distances, Australia Gets More Shots: Virus Update
(Bloomberg) — South Korea is tightening curbs on social distancing rules in the greater Seoul area for two weeks starting…
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Sydney Extends Lockdown; U.K. Warns on Surge: Virus Update
(Bloomberg) — Sydney extended a lockdown that was due to end Friday for another week to stem the latest Covid-19…
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Biden Hails Success; Seoul Won’t Relax Mask Rules: Virus Update
President Joe Biden all but announced an end to the pandemic in the U.S., celebrating what he called a “heroic”…
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It’s the Beginning of the End of Easy Money
Central banks are starting to tip-toe away from the emergency stimulus they deployed to fight the pandemic-driven global recession. Federal…
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Delta to Dominate in U.S.; D.C. Probes Facebook: Virus Update
(Bloomberg) — The “hyper-transmissible” delta variant may eclipse other virus mutations in the U.S. within weeks, CDC Director Rochelle Walensky…
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Disinformation in Asia; Caribbean Travel Rebound: Virus Update
(Bloomberg) — Millions of people in some of the worst Covid hotspots in Southeast Asia are in no rush for…
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Doses Top 3 Billion; Moderna Shot Fights Delta: Virus Update
(Bloomberg) — More than 3 billion doses of Covid vaccine have been administered around the world as the pace of…
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Indian Game Streaming Startup Loco Gets Krafton’s Backing
(Bloomberg) — Loco, an Indian streaming platform for video games, received $9 million from investors including South Korean gaming company…
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Australia Locks Down Perth; Dose Mixing Response: Virus Update
(Bloomberg) — Australia has imposed lockdown on a third regional capital as the delta variant spreads nationwide. Hong Kong banned…
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All Together Now: ‘Tighter Policy Isn’t Tight Policy’
The issues Australia and South Korea wrestle with encapsulate a broader dilemma. Policy makers need to acknowledge that economies are…
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Dose Mixing Shows Strong Response; U.K. Cases Jump: Virus Update
Mixing doses of Covid-19 vaccines from Pfizer Inc. and AstraZeneca Plc creates a strong immune response, according to results from…
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