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China says to curb 'disruption' in currency market
China's central bank said on Monday it would crack down on speculation that distorts the value of the yuan as the country's currency sees persistent volatility. The bank added that "although the renminbi has recently somewhat depreciated against the US dollar, it remains basically stable against a basket of currencies".
Robot fried chicken: entrepreneur seeks to improve S. Korea's favourite food
In fried-chicken-obsessed South Korea, restaurants serving the nation's favourite fast-food dish dot every street corner. - 'Initially struggled' - Entrepreneur Kang now has 15 robot-made chicken restaurants in South Korea, and one branch in Singapore.
Father cries racism after teacher delayed to stop school fight at Welkom Technical High School
The Free State Department of Education has launched an investigation into an alleged racism incident after a school pupil was assaulted and the teacher failed to act
Major League to open stage for Burna Boy's After Tour headline show at FNB Stadium in September
Fans are amped after the Major League DJz were appointed the opening acts for Burna Boy's headline show, After Tour, at the FNB Stadium on 23 September 2023.
Mangosuthu Buthelezi's bio: Age, children, wife, parents, education, cause of death, latest
Mangosuthu Buthelezi was a famous Zulu chief who also served as the Minister of Home Affairs in Nelson Mandela's government. Learn more about his life today.
Alibaba announces surprise departure of ex-CEO
Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring. CEO Daniel Zhang was due to take charge of the firm's new cloud computing branch, now a separate entity, on Monday.
Most Asian markets in retreat as US inflation data looms
Asian markets mostly fell Monday as investors turn their attention to a key US inflation report later in the week, hoping for a reading that will ease concerns about the Federal Reserve's interest rate plans. Traders have been in retreat over the past week after a string of readings suggested the economy and labour market remained resilient despite more than a year of monetary tightening.
Pause or hike? ECB rate decision on a knife edge
The European Central Bank is walking a tightrope between still-high inflation and a darkening eurozone outlook as it decides whether to lift interest rates again or finally pause its historic hiking cycle.
Strike worries overshadow Detroit Auto Show
This week's Detroit Auto Show is meant to showcase impressive new electric vehicles, but the fanfare looks destined to be upstaged by a brewing labor dispute and the increasing likelihood of a strike.
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