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Monday, October 6 2025

Japan Unleashes Capitalism by Letting ‘Zombie’ Companies Die

By 2010 almost 1 in 5 companies limped along because of bailouts and other financing relief, rather than tackling their fundamental problems, Bloomberg News reported. In 2008 three economics professors, one from Japan and two…

Monday, October 6 2025

Bankruptcy Rates of Small and Medium-Sized Construction Companies in South Korea Continue to Edge Up

Amid the continued bankruptcies of small and medium-sized construction companies due to the severe downturn in the South Korean construction industry, the insolvency rate of small and medium-sized construction companies that…

Monday, October 6 2025

Carney to Meet Trump Next Week as New Tariffs Hit Canada’s Economy

Prime Minister Mark Carney is set to head to Washington early next week to meet with U.S. President Donald Trump – his second visit since becoming prime minister, BNN Bloomberg reported. Carney will leave for Washington on Monday…