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South Korean shares soar after chip stock rout
Share prices jumped in South Korea on Friday, partly reversing a three-day rout that wiped hundreds of billions of dollars off the value of the country’s stock market. The benchmark Kospi index closed almost 18% higher, driven by chip makers SK Hynix and Samsung Electronics. It came after earnings updates from US technology giants Amazon…
Fuel poverty will tighten grip in Hull this winter, charity says
Charis Scott-HolmEast Yorkshire and Lincolnshire PA Media Citizens Advice says people are still struggling to afford to heat their homes Citizens Advice is expecting a “surge in demand” for its services this winter, as people who are already struggling with fuel debt face further bills. The organisation said half of the 1,000 people it saw…
US justice department drops probe into Fed chairman Jerome Powell
Powell’s term is nearing its end and the US Senate is considering Trump’s nominee for his replacement, Kevin Warsh. A key Republican, Thom Tillis, has withheld his support for Warsh unless the Trump administration would drop its investigation into Powell.
Honesty boxes should be dying like cash. But many are flourishing
Kevin PeacheyCost of living correspondent BBC Annabelle says some customers travel for miles to buy her cookies from her honesty box Honesty boxes: traditionally found on rural lay-bys, offering local produce like eggs and apples in exchange for a small donation. With cash use falling, they might be expected to disappear – a roadside relic…
