(URGENT) S. Korea reports 10 additional coronavirus deaths, total now at 2,404: KDCA

(END)

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Situation on gas market remains tense, prices grow 3.5-fold in 2021 — Novak

At the same time, Russia expects to see a significant increase in gas demand in the countries of the Asia-Pacific region in 2021, the Deputy Prime Minister said Read more »

Russia not interested in endless growth of energy prices — Putin

The President noted that if there was a decline in consumption - and such situation eventually led to reduced consumption, it would also affect the producing companies Read more »

Bitcoin updates historical maximum reaching $64,997

As of 16:55 Moscow time, the cryptocurrency has updated its historical maximum again and reached $66,033 Read more »

Brent oil falls after closing above US$85 as China seeks to ease energy crisis

NEW YORK (BLOOMBERG) – Brent oil declined from its highest level since 2018 as a US industry report pointed to an increase in crude stockpiles and China unleashed measures aimed ... Read more »

Nord Stream 2 to fill gap in energy market, says Russian ambassador in Germany

Sergey Nechayev expressed hope that the new German government would support Nord Stream 2 as the project meets the interests of both the country’s economy and its population as it ensures energy security Read more »

Hainan's foreign trade grew 60.4% in the first three quarters of 2021

The province's export grew 27.5% and up to 24.1 billion yuan over the period Read more »

Russian arms exports total $15 bln annually, Deputy PM's office says

According to Yuri Borisov, Russia is holding on to second place among defense exporters Read more »

Representatives of the Li people in Hainan held a workshop on the art of weaving

Many centuries ago the women of this people mastered a unique technique of spinning and weaving, dyeing and embroidery Read more »

Scientists wrap up Russia-US expedition to study climate changes in Arctic

During the expedition, AARI scientists have taken more than 9,000 water samples and tested them onboard Read more »

Russian Arctic National Park needs 9,000 tonnes of waste to be removed, director says

According to results of the geo-ecology survey, conducted in 2017, the cleanup had been completed by about 89% Read more »

Financial regulator expected to unveil additional steps to curb household debt next week: sources

SEOUL, Oct. 20 (Yonhap) — South Korea’s financial regulator is expected to announce additional measures next week to tame runaway household debt that will focus on toughening requirements for the ... Read more »

K Shipbuilding to join forces with Norwegian firm for smart ships

By Nam Kwang-sik SEOUL, Oct. 20 (Yonhap) — Midsized shipyard K Shipbuilding Co., formerly known as STX Offshore & Shipbuilding Co., said Wednesday it has signed a preliminary deal with ... Read more »

Chip crunch sees Malaysia's big-name customers happy to pay more

KUALA LUMPUR (REUTERS) – Malaysian electronics firms central to the supply of basic chips that drive the world’s cars, smartphones and home devices say big-name customers are beating on their ... Read more »

(News Focus) Hyundai, Daewoo vying to win order for S. Korea's 1st aircraft carrier

By Nam Kwang-sik SEOUL, Oct. 20 (Yonhap) — South Korea’s two leading shipbuilders are competing against each other to obtain an order for the country’s first light aircraft carrier. The ... Read more »

(LEAD) S. Korea considering temporary fuel tax cut amid surging gasoline prices

(ATTN: ADDS minister’s remarks on tax plan for cryptocurrency in last 4 paras) SEOUL, Oct. 20 (Yonhap) — South Korea is considering temporarily lowering fuel taxes to ease consumer burden ... Read more »

Korean Air to resume flights to Hawaii next month

SEOUL, Oct. 20 (Yonhap) — Korean Air Lines Co., South Korea’s biggest carrier, said Wednesday it will resume flights to Hawaii next month after suspending the route for 19 months ... Read more »

Sun Cable taps five firms to help deliver solar energy to S'pore via undersea link

SINGAPORE – Australia’s Sun Cable is plugging into the expertise of five companies for one of the world’s most ambitious solar energy projects that is aimed at supplying up to ... Read more »

Coinbase inks deal to become exclusive cryptocurrency platform for NBA, WNBA, USA Basketball

According to Coinbase, they will have a brand presence featured during nationally televised games beginning with tonight’s tip-off of the NBA’s 75th Anniversary season. Nasdaq-listed cryptocurrency exchange Coinbase has inked ... Read more »

Deripaska spokesperson denies US searches were part of criminal case

"The warrants are related to sanctions," she said Read more »

S. Korea considering temporary fuel tax cut amid surging gasoline prices

SEOUL, Oct. 20 (Yonhap) — South Korea is considering temporarily lowering fuel taxes to ease consumer burden from surging gasoline prices, the country’s top economic policymaker said Wednesday. Finance Minister ... Read more »

S. Korea's largest offshore wind farm exhibits low 22% capacity utilization rate

The 60 megawatts (MW) wind farm is located in the coastal waters of Buan, North Jeolla Province.  South Korea’s largest offshore wind farm is exhibiting a low capacity utilization rate at 22 ... Read more »

Japan exports rise more than expected in September, hopeful sign amid supply chain crunch

TOKYO (REUTERS) – Japan’s exports grew faster than expected in September to post a seventh straight month of double-digit growth, an encouraging sign for the economy as pandemic-led global supply ... Read more »

Chinese Airline lays off S. Korean flight attendants while retaining those from China, Japan, and Europe

China Eastern Airlines has 70 South Korea to China flights every month, all staffed with Chinese flight attendants. China Eastern Airlines was found to have laid off 73 South Korean ... Read more »

China weighs coal market intervention to end stunning rally

SINGAPORE (BLOOMBERG) – China’s top economic planner is studying ways to intervene in the coal market as the government tries to rein in rising prices and curtail shortfalls that are ... Read more »

Toyota to invest $3.4 billion in US battery production as part of carbon-neutral plan

Toyota said it would establish a new company for the US project but did not specify the production site and capacity. Toyota will invest $3.4 billion in automotive batteries in ... Read more »

Google faces fine of up to 22 billion in Russia — Safe Internet League

The fine can range between 1/20 and 1/10 of the company's annual revenues, but the exact sum is to be determined in court Read more »

Yalta International Economic Forum canceled — Russia's Deputy PM

In 2020, the Forum also did not take place because of the coronavirus pandemic Read more »

Russia has nothing to do with EU's energy crisis — envoy

It was noted that Europe had made a gross miscalculation and now found itself in a situation where its underground gas storages were empty Read more »

Gazprom can increase gas supplies to Europe after Nord Stream 2 approval — WoodMackenzie

The Nord Stream 2 gas pipeline operator reported the day before that the gas-in procedure for the first string of the gas pipeline was completed and it was ready to start deliveries Read more »

Armenia invites Russian companies to bid for construction of North-South highway to Iran

According to Minister of Territorial Development and Infrastructure of Armenia Gnel Sanosyan, the Iranian side is also interested in taking part Read more »

Iran becomes leading grain importer from Russia — experts

For the first three months of the new season 2021-2022, exports to Iran from Russia amounted to 3.697 mln tonnes of grain Read more »

Exercises within Runet stability law framework successful — official

The goal of exercises was to test readiness of communication networks or communication network segments for certain deviations in operations Read more »

Australia's economy too reliant on ‘short-term sugar hits', new analysis warns

Australia has an unsophisticated economy in desperate need of a wake-up call to prevent looming and rapid decline, a new report from a major consultancy firm warns. Analysis by Deloitte ... Read more »

Armenia, Russia agreed on gas price — Deputy PM

Gazprom is the sole gas supplier to Armenia Read more »

Russian media watchdog expects removal of prohibited information from Twitter — official

"Sanctions applied against them led to their removal of more than 90% of prohibited information and just a little is left to achieve complete purity," head of the regulator Andrei Lipov said Read more »

Austrian, Russian ministers plan intergovernmental commission in Vienna for October 21

On the whole, it is planned to sign three agreements Read more »

Russia plans to invest $1 bln in the Armenian economy in the near future

In particular, the investments will contribute to the creation of new high-tech jobs and facilitate exchange in various areas of the economy, culture, and infrastructure development Read more »

Russia's Internet audience reaches 124 mln people in 2021, says federal service

There are over 3,000 Internet providers, with more than 6,500 telecom operators working in this industry Read more »

Russia's IT infrastructure should be built on proven domestic solutions — authorities

According to Tatyana Matveeva, creating efficient environment for developing Russian telecom operators and Internet companies is an important area of state regulation, as well as ensuring the safety of people in terms of protecting personal data Read more »

US urges Moscow to sell gas to Europe, yet opposes Nord Stream 2, says Russian Deputy PM

Alexei Overchuk noted that he had tried to enlighten the Americans on Russia’s stance concerning the assessments of the causes for the shakeup of the European gas market, as well as its viewpoint on Nord Stream 2 Read more »
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