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Surging billionaire wealth a political threat, Oxfam warns as Davos opens

"Actions of the Trump presidency including the championing of deregulation and undermining agreements to increase corporate taxation have benefited the richest around the world," Oxfam said.

Kimchi threat as heatwave drives up South Korea cabbage prices

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.