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An unprecedented heat wave across South Korea has driven up the price of cabbages, data revealed Friday, with the vegetable used in the famed national dish kimchi surging by nearly 70 percent year-on-year.The price of a single cabbage hit 9,337 won (US$ 7.02) on Thursday -- up 69.1 percent from the same day a year ago, according to data released by the state-run Korea Agro-Fisheries & Food Trade Corporation.
The Bank of Japan left interest rates unchanged on Friday, but governor Kazuo Ueda said further hikes remain on the cards if the economy grows as predicted.BoJ boss Ueda told reporters that "the economy is recovering moderately, although there are some signs of weakness", adding that the bank would continue to raise interest rates if the economy grows in line with its outlook.
UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new government warns of tough fiscal decisions before its maiden budget.- 'Tough decisions' - Friday's data also showed "the highest August borrowing on record, outside the (Covid) pandemic", Darren Jones, a senior official at the UK Treasury, said in a statement.
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen reversed earlier gains after the Bank of Japan decided against another hike.The yen strengthened to 141.74 per dollar after the BoJ announcement, but later reversed to hit 143.77 in afternoon Asian trade.
High-end London department store Harrods has apologised over allegations its former owner, Egyptian billionaire businessman Mohamed Al Fayed, raped and sexually assaulted several female ex-employees. A BBC documentary and podcast heard testimony from over 20 former female workers who said Al Fayed, who died last year aged 94, sexually abused them, with incidents taking place in London, Paris, St Tropez and Abu Dhabi. One of the women who accused Al Fayed of raping her when she was a teenager described him as a "monster": "He actively cultivated fear."
A zoo in China has admitted its star attraction, two so-called pandas, are just painted dogs.
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to keep that narrative intact if the job market keeps cooling and the economy deteriorates.
Attempts by conservatives to purge state voter rolls ahead of the November election, including from Donald Trump’s campaign and the Republican National Committee, are ramping up, prompting concern from the Justice Department that those efforts might violate federal rules governing how states can manage their lists of registered voters.
China said Friday that it would "gradually resume" importing seafood from Japan after imposing a blanket ban in August last year over the release of water from the disabled Fukushima nuclear plant.The release, however, generated a fierce backlash from China, which branded it "selfish" and banned all Japanese seafood imports.
Japan’s prime minister has demanded an explanation from Beijing over the fatal stabbing of a schoolboy in the second knife attack on Japanese children in China in months.
Dramatic footage has emerged showing the moment a man slipped and fell down a steep mountain while hiking in China’s eastern Anhui province on Monday.
A top politician in eastern India on Friday blamed authorities in a neighbouring state for causing a flooding crisis by opening dams after 26 people were killed and 250,000 others were forced to relocate.West Bengal Chief Minister Mamata Banerjee told reporters that 26 people had been killed this week, with another 250,000 forced to leave their homes and find shelter.
A former OceanGate scientific director said the Titan submersible suffered a malfunction six days before imploding in June 2023, killing all five people on board.
Israel launched one of its most intense bombardments against Hezbollah targets in Lebanon this year Thursday, hours after the militant group’s leader condemned deadly twin attacks that he said crossed “all the red lines.”
Fall equinox 2024 arrives on Sunday, September 22. Find out why the first day of autumn still features a little more daylight than darkness.
The U.N. peacekeeping force in south Lebanon urged de-escalation on Friday after a big increase in hostilities at the Lebanese-Israeli border, where Israel and the Iran-backed Hezbollah have been trading fire for almost a year. The UNIFIL force had witnessed "a heavy intensification of the hostilities across the Blue Line" and throughout its area of operations, spokesperson Andrea Tenenti told Reuters. "We are concerned at the increased escalation across the Blue Line and urge all actors to immediately de-escalate," he said.
Kentucky State Police are searching for motive as they investigate the fatal shooting of a district judge by a sheriff after the two had an argument inside the judge’s chambers, according to police.
United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate tech, G42 said on Friday, ahead of the first-ever visit to the White House by a president of the UAE next week. The Gulf-based company said in a statement the two firms would work together develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an operational base and climate tech lab in Abu Dhabi. The UAE, led by government-backed G42, is investing heavily in AI to help diversify its economy away from oil and UAE-based companies have forged several deals with U.S. firms recently.
BEIJING (Reuters) -China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima nuclear plant, the Chinese foreign ministry said on Friday, bringing to an end a diplomatic dispute that had rumbled on for over two years. Beijing called the release "a major nuclear safety issue with cross-border implications," when Tokyo started discharging treated radioactive water from the site in August 2023. It also announced a blanket ban on all aquatic products from Japan.
Pagers, used every day by health care professionals, became a deadly weapon Tuesday as thousands of them simultaneously exploded in Lebanon.