TOKYO, July 14 (Xinhua) -- The Tokyo metropolitan government on Tuesday confirmed 143 new COVID-19 infections, with the number staying below the 200-mark for the second straight day but spiking above the 119 cases detected a day earlier. … [Read more...] about Tokyo’s daily COVID-19 tally rises to 143, gov’t mulls reissuing business closure requests
Business
Wedding Hall Business in Decline
Many of Korea's once-lucrative wedding halls have closed down as marriage fell to an all-time low last year. The number of wedding halls fell from 1,003 in 2007 to 770 in 2017, according to Statistics Korea, and there are now thought to be fewer than 700 left. … [Read more...] about Wedding Hall Business in Decline
Small US businesses harder hit by COVID-19
A working paper published by the NBER said that small business owners of ethnic groups in the United States continue to be disproportionately impacted by COVID-19. In breakdown, African-American business owners are hardest hit by COVID-19 with a drop of 26 percent in business activity from pre-COVID-19 levels. … [Read more...] about Small US businesses harder hit by COVID-19
Hurrah! Unemployment rate falls sharply as India unlocks
While we will know the composition of this recovery in early July, it is safe to expect that labour productivity will remain low in the midst of the ongoing partial lockdown. … [Read more...] about Hurrah! Unemployment rate falls sharply as India unlocks
Minimum Wage Hike Likely to Slow Down
Growing Numbers Paid Less Than Minimum Wage Per Capita Income 'Could Plunge Below $30,000' Small Businesses Resist Further Minimum Wage Hike Korea Falls in Global GDP Ranking Coronavirus Makes Income Gap Even Worse Economy Could Shrink 1.6%, Think Tank Warns Korea Suffers Biggest Decline in Private Consumption Korea's Per-Capita GDP Set to Tumble Economy in Biggest Plunge Since Global Financial Crisis Unprecedented Economic Downturn Forecast This Year … [Read more...] about Minimum Wage Hike Likely to Slow Down
