AFP
13876 articles published since 08 Mar 2022
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Disinformation an 'easy sell' in post-coup Niger
Following a July coup, Niger has become the latest hotbed of disinformation in the troubled Sahel regional as West African powers grapple with crafting a response to the political crisis. Misleading reports about foreign interference in the crisis abounded as uncertainty mounted over the possibility of the Economic Community of West African States (ECOWAS) using military force to reverse the coup.
Markets fall again as traders struggle to shake rate, China gloom
Asian markets mostly fell Friday on growing worries of another Federal Reserve interest rate hike and deepening concerns about China's economy, with the country's property crisis once again adding an extra layer of jeopardy. The country's property crisis was also back in the headlines, with big-name and massively indebted firms in danger of going under.
Taiwan's antique jade dealers see trade losing lustre
Tracing a palm-sized jade pig resting on its haunches, an antique trader in Taiwan said the ears on the nearly 400-year-old piece are a marker of its authenticity. "The folds in the pig's ears show the handiwork, the ancient handicraft" of the Ming dynasty (1368-1644), said the 60-year-old trader, who would only provide his last name as Lee.
China developer Evergrande files for bankruptcy protection
Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it attempts to restructure. The latest court documents referenced restructuring proceedings in Hong Kong.
Why a surprisingly strong US economy is pushing up bond yields
Yields on the 10-year US government bond are flirting with a 15-year high this week, amid growing fears that strong growth and low unemployment could keep interest rates higher for longer. Economic growth in the second quarter beat expectations due in large part to resilient consumer spending, while the unemployment rate has remained close to historic lows.
Ship from Ukraine port nears Turkey despite Russian blockade
A civilian cargo vessel sailing from Ukraine neared Turkey on Thursday in defiance of a Moscow blockade that saw another ship come under attack from Russian military personnel. The Joseph Schulte's mission came just days after the Russian navy fired warning shots and boarded a small Turkish-crewed cargo vessel that was travelling to the Ukrainian port of Izmail.
Walmart reports another solid quarter as consumers focus on value
Walmart raised its full-year forecast on Thursday as it posted another quarter of solid results, grabbing market share in groceries and other staples against a backdrop of inflationary pressures. Walmart lifted full-year projections and now sees full-year earnings of between $6.36 and $6.46 a share, up 26 cents from the prior range.
Walmart raises 2024 forecast after 'strong' quarter
Walmart raised its full-year forecast on Thursday following a jump in quarterly profits, pointing to solid increases at US stores and e-commerce. Walmart lifted full-year projections and now sees full-year earnings of between $6.36 and $6.46 a share, up 26 cents from the prior range.
Ballgowns, surveillance and cloning for sale at China pet fair
A shimmering, 1.5-metre-long golden ballgown stood pride of place in a Shanghai exhibition hall Thursday -- and for the cool price of $13,700, your dog could be the lucky animal to leave Pet Fair Asia wearing it. - 'Together forever' with tech - Pet Fair Asia is taking place over several days, with organisers saying its scale this year is unprecedented.
AFP
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