Thursday, March 28, 2024

Business

South Korea’s seafood sellers reel as science fails to ease Fukushima fears | Food

Seoul, South Korea – Lee Jae-seok, the owner of a barbecued eel restaurant in Seoul’s Seongdong district, is anxious. After struggling through the COVID-19 pandemic, Lee’s livelihood is in the firing line yet again following Japan’s decision to release...

Indonesia’s absence from bigger BRICS echoes decades of non-aligned policy | Business and Economy

Medan, Indonesia – Indonesia might seem like a natural fit to join an expanded BRICS, the group of emerging economies made up of Brazil, Russia, India, China and South Africa. The Southeast Asian nation of more than 270 million...

US charges crypto founders over alleged support for North Korean hackers | Crypto

US officials allege Tornado Cash facilitated $1bn in money laundering transactions for North Korea’s Lazarus Group.The United States has charged two cofounders of the cryptocurrency mixer Tornado Cash with money laundering and other crimes a year after authorities...

Indonesia’s dog meat sellers fear for future after crackdowns on trade | Food

Medan, Indonesia – Lina Ginting, the owner of Mechio Restaurant, does such a roaring trade in dog curry, barbecued dog and dog soup that she was able to put her two children through private school. But these days, Ginting,...

‘Hegemonism not in China’s DNA’: Xi calls for BRICS expansion | International Trade

Xi says China seeks a more just and equitable international order and rejects ‘bloc confrontation’.Chinese President Xi Jinping has called for an expansion of the BRICS grouping of emerging economies to build a more just and equitable international...

Hong Kong bets on crypto as sector’s star dims over crackdowns overseas | Crypto

Hong Kong – Cryptocurrencies have had a rough ride in recent years, with prices spiralling through periods of boom and bust and the industry threatened by stunning downfalls as well as uncertain regulatory regimes. But even as these troubles...

Why China is grappling with falling prices – and being compared to Japan | Business and Economy

As the rest of the world grapples with rising living costs, China is facing the opposite problem: falling prices. In July, the world’s second-largest economy officially slipped into deflation for the first time in two years as consumer prices...

Singapore employers using police to threaten domestic workers, report says | Labour Rights

More than 80 percent of police reports made by bosses against their maids do not lead to charges, rights group says.Singapore – Singaporean employers are using the justice system as a “tool” to threaten and control domestic workers,...

World’s largest cruise ship prepares to sail as COVID-hit industry rebounds | Tourism

With cruise bookings seeing a resurgence after the COVID-19 pandemic left luxury liners high and dry, a Finnish shipyard is putting the final touches on what will be the world’s largest cruise ship. Royal Caribbean’s luxurious new vessel Icon...

Jollibee made Filipino food global. Some say it exported exploitation too | Labour Rights

Metro Manila, Philippines – On July 6, National Fried Chicken Day in the United States, Vincent Cruz and a crowd of supporters marched into a Jollibee’s branch in Journal Square, New Jersey. Cruz and 50-odd employees and supporters wanted...
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Canadian school boards sue social media giants over effects on students | Social Media News

Snapchat, TikTok, Facebook and Instagram are addictive and have ‘rewired’ the way children learn, educators say.Four major school...
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