Is globalisation dead? At Davos, that’s the big question
Leaders at the World Economic Forum are making the case for globalisation amid fears it is in decline.
Economy
South Korea to scrap stocks registration rule for foreigners
Financial Services Commission says details for improving environment for foreign investment will be unveiled next week.
‘Not an espionage case’: Chinese-born US academic avoids prison
Judge says case against former University of Kansas professor Feng ‘Franklin’ Tao had nothing to do with espionage.
North Korea pledges to revitalise economy after COVID ‘victory’
The secretive state claims ‘remarkable successes’ after upheaval caused by the COVID-19 pandemic.
The world is in a ‘sorry state’, UN chief warns at WEF
The German government has faced mounting pressure to make another significant step forward in military aid to Ukraine by agreeing to deliver Leopard 2 battle tanks.
Shamkhani: Iran-Russia economic cooperation part of strategic agreements
Secretary of the Supreme National Security Council of Iran Rear Admiral Ali Shamkhani has underlined the need to speed up the implementation of joint economic projects with Russia, which were earlier agreed by the presidents of the two countries.
Indonesian nickel smelter resumes productions after deadly riot
Police say operations at the facility in Central Sulawesi have resumed following clashes that left two workers dead.
China’s economy grew 3 percent in 2022, official data shows
Economic performance among weakest in the country’s modern history.
WTO and IMF Chiefs Urge Greater Cooperation at TIME 100 Dinner in Davos
Ngozi Okonjo-Iweala, Kristalina Georgieva and Will.i.am spoke at the TIME 100 dinner in Davos
Two workers killed after clashes at Indonesian nickel smelter
Police say an Indonesian and Chinese worker died following a labour protest at a smelter on Sulawesi island.