November 16, 20240 Comments

S&P revises South Africa’s outlook to positive on better reforms, growth potential By Reuters

(Reuters) – Ratings agency S&P revised South Africa’s outlook to “positive” from “stable” on Friday, citing plans for accelerated economic reforms by the new government of national unity and a pickup in private investments. The coalition government, formed in June after the African National Congress lost its parliamentary majority for the first time in 30 years, boosted business confidence. S&P also stated that since the formation of the government, debt

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November 13, 20240 Comments

South Korean actor Song Jae Lim dead at 39

South Korean actor Song Jae Lim, known for his breakout role in the K-drama The Moon Embracing the Sun, was found dead on Tuesday in his Seoul home. The 39-year-old, who began his career as a model, rose to prominence in the period drama in 2012, before going on to star in other variety shows and television series. Reports say a note was found in the apartment, with police adding

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November 10, 20240 Comments

South Korean president sorry for controversies surrounding wife

South Korea’s president has apologised for a string of controversies surrounding his wife that included allegedly accepting a luxury Dior handbag and stock manipulation. Addressing the nation on television, Yoon Suk Yeol said his wife, Kim Keon Hee, should have conducted herself better, but her portrayal had been excessively “demonised”, adding that some of the claims against her were “exaggerated”. The president said he would set up an office to

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