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South Korea is winner of the WFH economy

South Korea is in something of a sweet spot for the Covid-19 era. Neighbouring China, its biggest trading partner, is driving the global rebound and the world increasingly wants the technology that Korea sells. Gross domestic product figures are encouraging. The economy expanded 1.9% in the third quarter from the prior three months, the government reported on Tuesday, exceeding forecasts ...

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Can China’s Covid-19 recovery continue?

In China’s post-Covid economy, there may be hope for the struggling private sector made up of millions of small businesses. It needs to stay that way. Unlike previous recoveries, fixed asset investment in the private sphere is rising, continuing an upward trend by climbing 9.1% in September compared to a year earlier, while growing at a slower pace in the ...

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Japan’s ANA forecasts its biggest ever loss of $4.8b

Bloomberg ANA Holdings Inc forecast its biggest-ever operating loss of 505 billion yen ($4.8 billion) for the fiscal year through March 2021, the latest airline to face an existential threat to its business due to the pandemic. The Japanese carrier unveiled a restructuring plan that calls for: A newly branded low-cost carrier in addition to Peach, the budget airline already ...

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