Economy
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South Korea’s Per Capita GDP Surpasses Spain Amid Semiconductor Export Growth
SEOUL, October 13 — South Korea’s economy reached a notable milestone in 2023 when its nominal gross domestic…
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Used Car Prices Surge Over 90 Percent After Pandemic Chip Shortage
DETROIT, September 23 — Used vehicle prices in the United States surged to historic highs beginning in 2021,…
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China Opens 134km Pinglu Canal in Guangxi
BEIBU GULF, September 18 — China opened its first modern river-to-sea canal for navigation on Wednesday, September 16,…
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US trade actions threaten 100 years of Canada-US auto integration
OTTAWA, July 21 — The deep economic integration that has bound the Canadian and American automotive sectors for…
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Bretton Woods System Laid Foundation for Global Financial Order
BRETTON WOODS, July 14 — The architecture of global finance that placed the US dollar at the center…
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ACC’s ‘silent’ return-to-work rate relies on five-week payment gap
The ACC’s return-to-work rate is built on silence. Five weeks of it. The corporation stops paying a person,…
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More families feel the pinch as diaspora inflows shrink
Nairobi, June 23 — A sharp 0.9 per cent drop in diaspora remittances to $394.2 million in May…
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UAW Strikes After Auto Talks Collapse
The United Auto Workers union has gone on strike as of September 15, 2023, following the collapse of…
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Eurozone Inflation Hits Record 7.5% as Energy Costs Surge
Mina Agib buys meat and frying oil for his Berlin restaurant, Meya Meya. Two weeks ago, a supplier…
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Taipei Car Registrations Surge 36% as Fuel Falls 18%
Taipei commuters are swapping their transit cards for car keys. And the math is starting to look irresistible.…
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Taiwan New-Car Sales Defy Global Slump Amid COVID-19 Pandemic
Despite a worldwide downturn in automobile sales, Taiwan recorded 37,279 new‑car registrations for March 2020, according to the…
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Macau’s 15-Day Casino Shutdown Exposed Economic Fragility
In February 2020, Macau authorities ordered a 15-day shutdown of all casinos, a move that highlighted the precarious…
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Macau Gambling Revenue Plunges 88% in February 2020
Macau, March 3, 2020 — cybernewschronicle.com — The world’s premier gambling destination, Macau, has endured a catastrophic economic…
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