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South Korea and Japan shared "serious concerns" on the recent weakness of their currencies against the dollar and agreed to take "appropriate actions" to counter extreme volatility, the finance ministry in Seoul said Wednesday. The two "shared serious concerns about the recent significant depreciation of the Japanese yen and the Korean won", it said in a statement.
A video depicting the devastation left behind by the recent rains in KwaZulu-Natal’s South Coast region is making the rounds on social media platforms.
Asian markets fluctuated Wednesday as Federal Reserve boss Jerome Powell's indication that interest rates could stay higher for longer offset a rebound following the latest bout of Middle East-fuelled selling. While on edge for any further escalation, trading floors are relatively calm Wednesday, with oil prices edging down despite the crises in the Middle East, Ukraine and OPEC output cuts.
Boeing is expected to face a bruising once-over Wednesday as company critics testify at a US Senate hearing, including an employee who has characterized the top-selling 787 as prone to disaster. Boeing representatives will not testify at the hearing, but the company said it is cooperating with the inquiry.
Take-Two Interactive on Tuesday told US regulators it is trimming its workforce by five percent and eliminating some video games in production to cut costs.
Volkswagen employees in Tennessee will begin casting ballots Wednesday in a vote that could make theirs the first foreign carmaker to unionize in the American South, expanding gains made by organized labor in the auto heartland of Detroit.
Terrified onlookers crouch behind a wall as lights streak across the night sky in what self-proclaimed digital investigators claimed was footage of Iranian drones over Israel.
Community members and Tidy Town volunteers have come together to clean up Margate Beach on the South Coast in KwaZulu-Natal following the devastating storm.
Silicon Valley venture capital star Andreessen Horowitz said Tuesday it had raised $7.2 billion to invest in startups behind games, apps, artificial intelligence and more. Other "strategies" targeted for investment were apps, games, "American Dynamism," and tech "infrastructure" including artificial intelligence (AI).
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