South African factory workers protested against the dismissal of foreign employees, arguing that their skills are vital for protecting local jobs.
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Asian stocks mixed, Wall St futures drop as US heads for shutdown
Asian markets stuttered, US futures fell and gold hovered near record highs Wednesday after lawmakers in Washington failed to reach a deal to avert a government shutdown. Gold, a go-to in times of turmoil and uncertainty, was hovering just below its record high of $3,871.72 owing to a weaker dollar, bets on lower borrowing costs and worries about the impact of the shutdown.
South Korea posts record semiconductor exports in September
South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector. Seoul logged more than $16.6 billion in exports of semiconductors last month, up by more than a fifth from September 2024, according to data from the country's industry ministry.
Nike shares rally on progress in turnaround
Nike reported a surprise increase in quarterly sales Tuesday, pointing to progress on a turnaround as it forecast a bigger cost hit from US tariffs. But Friend lifted the company's estimate of the total cost from US tariffs under President Donald Trump's administration to an annual hit of $1.5 billion from the prior $1 billion.
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VRA opposes IPP's request for monthly payments increase: "It'll collapse public power entities"
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Urusla Owusu Says SIM Registration App to help solve issues of long queues
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6 dead in Kenya as medical small plane crashes into a building, video trends
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