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Another big issue related to increasing automation is the widening of the gap between the rich and the poor, said Norwegian economist Finn Kydland, who won the 2004 economics prize. The economic downturn has not affected all sectors, and the pandemic has hit people with low wages and low skills much harder than those earning high incomes, he said.

Any meeting between Kim and Trump would come after the two Koreas hold their first summit in more than a decade later this month.

Ant Financial Services Group has become a new technical associate of international secure-payments consortium EMVCo, according to a recent announcement of EMVCo, a move that will provide fresh impetus to the Chinese company's going global efforts.

Apart from offering insurance coverage for families, the insurers planning to develop family accounts will also build a platform in providing such services as healthcare, parenting and elderly care through cooperation with external institutions.

Apart from the brands that fell off the list, 34 decreased in value, with GE experiencing the steepest decline, dropping 32 percent, while 57 hit higher valuations, including nine new entrants and Instagram, whose brand value soared by 95 percent.