Scarborough, a once quiet conservation village in the Western Cape, has become a talking point online as foreign investors are apparently taking advantage.
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China's Xiaomi to enter cut-throat EV market for the first time
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Asian markets press on with rally, China fund boosts optimism
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Tractors throng Brussels as ministers meet on farm rules
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Markets snap week-long rally as US inflation dents rate hopes
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Vietnam property tycoon on trial in $12.5 billion fraud case
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Microsoft to invest $2.9 bn in Japan AI push
Microsoft on Tuesday announced a $2.9 billion investment over the next two years in Japan to bolster the country's push into artificial intelligence and strengthen its cyber defences in the face of threats from China and Russia. "This is Microsoft's single largest investment in its 46-year history in Japan," said Brad Smith, Vice Chair and President of Microsoft, who met Kishida on Tuesday.
Most Asian markets rise as traders jockey ahead of US inflation
Equities mostly rose in Asia on Wednesday following a tepid day on Wall Street, with investors lasering in on the release of crucial US inflation data that could have a huge bearing on the outlook for interest rates.
Record remittances provide lifeline in Central America
Money sent home by migrants in the United States to Central America has risen to record levels, providing a lifeline for many of their relatives like Salvadoran mother of three Marta Alvarado. Gustavo Juarez, who heads an association of Guatemalans deported from the United States, agrees.
US officials probing Boeing whistleblower claims on 787, 777
Federal aviation authorities are investigating claims by a Boeing engineer that the 787 Dreamliner suffers from assembly defects that threaten safety, US officials said Tuesday. The Federal Aviation Administration confirmed the investigation after the claims were outlined in a New York Times article describing charges from Salehpour, who has been at Boeing more than 10 years.
Venezuela arrests ex-oil minister El Aissami in graft probe
Venezuelan authorities announced the arrest Tuesday of influential ex-oil minister Tareck El Aissami, who had resigned from his post last year amid a corruption scandal at state oil company PDVSA. "We have managed to reveal the direct participation and consequent arrest" of El Aissami, Attorney General Tarek William Saab said, adding that charges would be announced "in the next few hours."
What's behind the spate of recent incidents on Boeing planes?
Boeing has been in the headlines a lot lately following a series of incidents after the January Alaska Airlines near-miss in which a door panel came off mid-flight.
Zimbabwe's new currency suffers chaotic start
Zimbabwe's new gold-backed currency got off to a chaotic start with shops accepting only US dollars on Tuesday and vexed Zimbabweans queuing up outside banks for hours to access their savings.
EU probes Chinese wind turbine suppliers over subsidies
The European Union on Tuesday announced a probe into Chinese wind turbine suppliers, the latest move by Brussels targeting Beijing over green tech subsidies suspected of undermining fair competition.
Asian markets mixed as 'critical' US inflation data looms
Asian stocks were mixed Tuesday as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve's decision-making on interest rates, with investors lowering their expectations for how many cuts it will deliver.
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