AFP
13876 articles published since 08 Mar 2022
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Marvel movies return to China after nearly 4-year break
Chinese film fans on Wednesday celebrated the return of Marvel movies to the country's cinemas after an absence of nearly four years. Chinese fans welcomed the announcement.
Macau jails 'junket king' Alvin Chau for 18 years
Macau's former "junket king" Alvin Chau was sentenced on Wednesday to 18 years in jail for running an illegal gambling empire, ending a criminal trial that shocked the casino hub and toppled one of its highest-profile gaming tycoons. Suncity under Chau's leadership "conducted illegal gambling for unlawful gains for a long time", she said in her ruling, and sentenced him to 18 years behind bars.
Staff shortages dent Hong Kong air hub reboot hopes
Regional airlines are struggling to ramp up flights to Hong Kong because of staff shortages at the airport, slowing the city's plan to recapture its travel hub status, industry insiders have told AFP. Hong Kong, which calls itself Asia's World City, once had one of the globe's busiest -- and best-connected -- airports.
Bank of Japan leaves policy unchanged, yen weakens
Japan's central bank left its ultra-easy monetary policy unchanged on Wednesday, a move that sent the yen plunging, despite heavy speculation it could again tweak a key lever.
Out of Nile, into tile: Young Egyptians battle plastic plague
Entrepreneurial young Egyptians are helping combat their country's huge plastic waste problem by recycling junk-food wrappers, water bottles and similar garbage that usually ends up in landfills or the Nile. - 'Good step forward' - VeryNile then compresses high-value plastic like water bottles and sends it to a recycling plant to be made into pellets.
Most Asian markets rise on recovery hopes
Asian markets mostly rose Wednesday following a mixed lead from Wall Street as traders fought to maintain the strong start to the year. The yen fell Wednesday after the Bank of Japan left its key policy rate unchanged.
Microsoft to cut staff again: reports
Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday. A new layoff announcement would come a week before Microsoft is to report its earnings for the final three months of last year.
US fraud trial begins over Elon Musk's 2018 Tesla tweets
Jury selection began on Tuesday in a California courtroom over whether Elon Musk committed fraud with a pair of 2018 tweets saying he was poised to take Tesla private. Alex Spiro, Musk's lawyer, asked those up for jury selection to remain "open-minded" even if they will first hear the version of the accusers.
United Airlines sees 2023 profit jump amid tight capacity
Eyeing another year of strong travel demand and limited airline industry capacity, United Airlines projected a big jump in 2023 profits Tuesday after releasing fourth-quarter earnings that topped expectations. Limited air industry capacity has boosted airplane ticket prices and airline profits, as consumers seek out travel after the pandemic grounded many people.
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