Fri, 30 Oct 2020

SEOUL -- Sentiment among South Korean consumers over economic situations worsened in five months due to the COVID-19 resurgence here, central bank data showed Friday.

The composite consumer sentiment index stood at 79.4 in September, down 8.8 points from the prior month, according to the Bank of Korea. It was the first decline in five months since April. (South Korea-Consumption)

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GABORONE -- Botswana is actively pursuing strategies for regional cooperation on infrastructure and integration to create more active routes and expand market access, the country's foreign minister said Thursday.

Enhanced international partnership, particularly regional cooperation, is of paramount importance to the advancement of Botswana's "transformation agenda," Minister of International Affairs and Cooperation Lemogang Kwape told the Annual Ministerial Meeting of Foreign Ministers of Landlocked Developing Countries that was held virtually this year. (Botswana-Market Expanding)

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CANBERRA -- The Australian government has announced that it would abolish lending laws imposed on banks during the global financial crisis (GFC) to increase the flow of credit.

Treasurer Josh Frydenberg announced on Friday that the government would transfer due diligence obligations for loans from lenders to borrowers, effectively dumping responsible lending laws introduced in 2009 and injecting an "adrenaline shot" into the economy. (Australia-Credit Reform)

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WASHINGTON -- U.S. President Donald Trump on Thursday unveils his agenda for health care, a key topic for the election in November.

Trump, speaking during an event in Charlotte in the state of North Carolina, claimed that his administration is "delivering better care with more choice, at much lower cost, and working to ensure Americans have access to the care they need." (US-Healthcare Agenda)

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