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Documents show top White House officials buried CDC report on Covid-19 lockdowns

The decision to shelve detailed advice from the nation’s top disease control experts for reopening communities during the coronavirus pandemic came from the highest levels of the White House.




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PICS: Two killed after trucks collide, burst into flames at the Mtunzini toll plaza

The N2 was closed at the Mtunzini toll plaza after two people died when a fuel tanker and another truck collided and burst into flame, paramedics said.









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How To Deal With Vomiting During Pregnancy

Some women go through pregnancy with ease, while others find it difficult because of nausea and vomiting. Usually referred to as morning sickness, vomiting tends to be a normal part... Read more >




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How To Deal With Epilepsy At Home

Epilepsy is a disorder associated with fits or seizures that occur repeatedly. These seizure episodes cab brief or long at times. These seizures occur as a result of electrical bursts... Read more >




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Skin whitening precautions that you need to observe

Some people think that skin whitening is just for beautification purposes, but this is not always the case as it is also a great means of maintaining skin health. And... Read more >




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What to Consider When You Want to Lighten Your Skin

In the modern world, people are looking for ways to look more attractive and feel confident about themselves. And one of the methods that have been sorted after by many... Read more >




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City of Joburg says it won't cut services of those unable to pay during lockdown

The City says it will revise its budget to cater especially for Covid-19 repercussions before the end of the month as the number of ratepayers and residents paying their municipal bills continues to drop.




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Soweto cop in ICU after testing positive for Covid-19

The officer's diagnosis follows that of another one from the Disaster Operations Centre in Pretoria who tested positive on Wednesday.




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Alex residents vow to halt planned relocation to temporary housing, say move only benefits foreigners

Members of the #TotalShutdownAlex movement said they wouldn’t allow City of Joburg to relocate families Stjwetla informal settlement the majority of them are not South Africans.




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Covid-19 in SA: Stringent measures should be in place as public servants go back to work

Minister Senzo Mchunu says various public servants will be returning to work during Level 4 of the lockdown, but stringent measures should be in place to ensure the safety of workers.




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EFF contributes R6m to Solidarity Fund, demands others provide proof of pledges and contributions

The EFF says it has contributed R6 million towards the Solidarity Fund and has challenged others who had pledged towards the fund to produce proof of their promised contributions.




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Sanef asks why eNCA silenced Xoli Mngambi and Jane Dutton after cigarette ban remarks

Sanef said it was perturbed by eNCA's decision to take two anchors off the air after they criticised the government's U-turn on lifting the ban on cigarette sales.




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Ramaphosa authorises parole for 19 000 prisoners to tackle coronavirus spread

President Cyril Ramaphosa has authorised the parole of selected low-risk prisoners to alleviate pressure at correctional services facilities amid the coronavirus pandemic.




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SA military hardware exported to Turkey may end up in Libya or Syria

It is simply unfathomable that the National Conventional Arms Control Committee approved the export of military hardware to Turkey when that country is at war, both in Libya and in Syria.




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Technician who hacked Gautrain IT system 'to steal R800m' from it's account sentenced to 10 years

Obakeng Israel Busang said it was rage that made him let outsiders gain access into Gautrain's system because he was angry at his boss and the human resources manager.




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17 deaths and 663 new infections for SA as Covid-19 cases surge to 8895

Health Minister Zweli Mkhize has announced 663 new Covid-19 infections and 17 new deaths - the highest for new cases and deaths - taking SA's Covid-19 cases over 8800 and deaths to 171.





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ARK Genomic Revolution Multi-Sector ETF: An Overbought But Promising Niche Play




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VTI: Broad Market Funds Will Continue To Come Under Pressure




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New York Subway Is Too Big To Fail: Long MTA Bonds






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Fund Investors Rally Around Corporate Investment-Grade Debt Funds



  • Pat Keon CFA
  • Lipper Alpha Insight

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Compugen (CGEN) Investor Presentation - Slideshow




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Corona: South Africans Fight for Their Right to Breathe

Each year, thousands of South Africans die from the consequences of coal-fired power generation. The respiratory disease COVID-19 is exacerbating the country's health crisis.




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Corona: What Autopsies Can Reveal about COVID-19

Pathologists are eager to quickly conduct autopsies on as many COVID-19 victims as possible. They aim to determine who is at greatest risk from the virus and what damage it causes inside the body. Initial results are already available.




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What History Can Tell US about Today's Coronavirus Pandemic

In an interview, medical historian Frank Snowden discusses how the coronavirus pandemic mirrors past outbreaks and argues that we must quickly apply the lessons learned today in preparation for the next disease.




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Coronavirus Forces Aid Organizations To Improvize

International aid workers are having a tremendously difficult time doing their jobs due to all the travel bans around the world and other quarantine measures. In the face of the coronavirus, however, they are needed more than ever before.




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Trouble in Paradise: The Problem of Alcohol in São Tomé and Príncipe

Alcohol consumption is a problem in many African countries. In the island nation of São Tomé and Príncipe, off Africa's western coast, many residents don't want to hear about, fearing it could damage the country's international image as burgeoning travel destination.




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Europe Launches Massive Campaign to Fund Coronavirus Vaccine

On Monday, European Commission President Ursula von der Leyen and a number of world leaders are launching a massive fundraising endeavor to raise money for tests, medicines and a vaccine for the coronavirus. Only one major country is missing in the effort.




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China Is Happy to Fill the Leadership Vacuum Left by the U.S.

In the global jostling amid the coronavirus crisis, Beijing is extending its influence while U.S. President Donald Trump continues to squander America's leadership role. The pandemic could mark the beginning of a new Chinese era.




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Auto Industry Interest Group Warns Moving Operations Overseas If Kia Loses Lawsuit

Ahead of the lower court decision on the definition of ordinary wage involving Kia Motors as a defendant, the nation's car makers warned that they would move their plants overseas if Kia loses the lawsuit. The Korea Automobile Manufacturers Association whose members include Hyundai Motor, Kia Motors, GM Korea, Renault Samsung, and Ssangyong Motor, said in a statement, "If Kia Motors must pay an additional labor cost of 3 trillion won after the ordinary wage litigation, we have no choice but to c...




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Punitive Damage Soon to Rise to Full Triple from up to 3 Times...FTC Chairman

Kim Sang-jo, Chairman of the Fair Trade Commission, said, "Our commission will soon announce plans to stop the practice of large companies using technology of small enterprises without proper compensation." He held a press conference on August 13 at the Sejong government complex in relation to his agency's bid to root out unfair practices in the retail industry and said, "The biggest obstacle for small- and medium-sized enterprises for their further development is the uneven relationship with...




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China's ZZQC Int'l Business Group to Move into Korean Market in Earnest

ZZQC International Business Group, China's major investment firm, will likely take part in Cityscape Korea 2017, the nation's largest international real estate trade show, signaling that it is moving into the Korean market in earnest. According to the secretariat office of Cityscape Korea on August 8, ZZQC will set up a booth in the Korea Economic Daily-sponsored exhibition and send five top executives to meet local developers and public agency officers. During the trade show period, the C...




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LG Siltron Changes Its Name to SK Siltron

LG Siltron, a wafer maker acquired early this year by SK Group, held an extraordinary shareholders meeting on August 17 and decided to change its name to SK Siltron. Back in January this year, SK Corp., SK Group's holding company, decided to purchased a 51-percent stake in LG Siltron at 620 billion won and has since completed merger tests with competition authorities in major countries including China. SK Siltron was ranked No. 4 in the world last year in the 300-mm wafer area. The semiconduc...




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Gov't Won't Seek to Move away from Nuclear Power Too Fast...It Will Take 60 Years to Phase out

President Moon Jae-in said on August 17, "The denuclearization bid by the current government is not so radical. It will take more than 60 years for us to reach that goal." In an interview in celebration of the 100th day since taking power, President Moon said, "The design life of nuclear reactors that were launched recently or under construction is 60 years. We plan to close reactors one by one as soon as their design life expires." His remarks are in reponse to criticism that his government'...




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Samsung Life Turns to the Black in Thailand after 20 Years of Investment

The Thailand unit of Samsung Life, which has continued its presence in the Southeast Asian country even after most Korean financial service firms had withdrawn, turned to the black for the first time in 20 years. Samsung Life said on August 22 that Samsung Life Thailand's net profit for the second quarter was 340 million won. Given the Thai subsidiary is doing quite well in the third quarter, it is expected to post a positive net profit for the whole year. Back in 1997 Samsung Life establishe...




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LG Electronics to Invest $25 Mil. to Build New EV Parts Plant in Michigan

LG Electronics said on August 23 that it would establish an electric car parts plant in Hazel Park, outside Detroit, Michigan, by investing about US$25 million. The proposed plant will be built in a 215,000-square-meter site within the first quarter of 2018. The company will produce battery packs for electric cars, with plans to expand the line-ups to other electric car components in the future. LG explained that the locational decision was based on the proximity to the Vehicle Components N...




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Hyundai Motor Set to Develop Pickup Truck Model Aiming at U.S. Market

Hyundai Motor is currently in the works to develop a pickup truck model for the U.S. market. Michael O'Brien, vice president in charge of product planning for Hyundai Motor America, said on August 22 in a press conference, "The top management approved a project to develop a pickup truck model." Pickup trucks are highly popular in the United States. There is only one pickup truck model available in Korea, which is Ssangyong Motor's Korando Sports.Hyundai Motor unveiled a pickup truck concept mode...




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This Year's Tourism Balance of Payments to hit $15 Bil.

This year's tourism balance of payments is estimated to surpass US$15 billion. This is up more than 40 percent of $10.8 billion recorded in 2007 in the wake of the global financial crisis. According to the Bank of Korea, the tourism balance of payments in the month of June this year was a deficit of $1.39 billion. The cumulative deficit for the first six months of the year has been $7.74 billion, the second all-time highest after the second half of 2007. Last year, the tourism spending by K...




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Gov't to Create 200,000 Jobs in Healthcare Sector by 2022

The government will create 200,000 new jobs in the healthcare sector by 2022. Vice-Minister of Health Kwon Deok-cheol said on August 25 in a healthcare industry jobs discussion sponsored by the Korea Health Industry Development Institute and the Korea Economic Daily that the government plans to create 168,000 public sector jobs and 32,000 private sector jobs within five years from now. As for the public sector, he explained, the government will expand jobs in nursing and elderly care, as well...




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R&D-to-Sales Ratio of Most Korean Petrochem Companies Below 1%

Despite the record-high results, the R&D investment level of the nation's petrochemical industry is still miserably low. According to industry sources on August 28, the amount of R&D investment of Lotte Chemical, which achieved a record-high sales revenue of 7,849.4 billion won in the first half, fell short of 44.5 billion won. This is only 0.57 percent of the total sales. Even last year when the company posted the highest operating profit (2,547.8 billion won) among all petrochemical...




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IKEA to Open Stores in Giheung, Geryong, and Busan

Global furniture and home furnishing company IKEA has earned 365 billion won in sales for the past one year in Korea. The company said that it would open a total of six stores in Korea starting with a second store in Goyang, Gyeonggi Province, followed by Yongin (Gyeonggi) and Gyeryong (South Chungcheong) by 2020. Andre Schmidtgall, president of IKEA Korea, said on August 29 in a press briefing held in Bread Comma in Seoul's Yeonnam-dong that his company's sales revenue for the 2017 fiscal ye...




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Kumho Tire Won't Be Sold to China's Double Star

The negotiation to sell off Kumho Tire to China's Double Star Tire broke apart. The creditors including Korea Development Bank held a shareholders meeting and decided not to accept a request by Double Star to lower the price. A Korea Development Bank official explained, "As Double Star made demands we can't accept including an additional 10-percent discount from the original price of 800 billion won, we had to say no to the offer." In July this year, the Chinese tire maker began making dem...




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Moon-Putin Meeting...Differ in How to Respond to North's Nuclear

Moon Jae-in South Korean President and Vladimir Putin Russian President met on September 6 in Far Eastern Federal University in Russia's Vladivostok to discuss issues including the current North Korea nuclear crisis and economic cooperation between Russia and South Korea for 2 hours and 40 minutes. The two leaders agreed that the North's nuclear tests are "unacceptable" but differed in how it must be handled including cutting crude oil supplies to North Korea. President Moon said, "When ...