AFP
13876 articles published since 08 Mar 2022
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HSBC H1 pre-tax profit falls, says to pay quarterly dividends
HSBC on Monday said pre-tax profit fell in the first half of 2022 but it intends to resume quarterly dividends next year as its annual outlook remained positive. "We also intend to revert to quarterly dividends in 2023," he added.
Tunisia library races to preserve rich polyglot press archive
In the basement of the National Library of Tunis, conservator Hasna Gabsi combs through shelves of newspapers dating back to the mid-19th century to select the latest to digitise. Most of the newspapers are in Arabic, with the oldest from the mid-19th century when Tunisia was an Ottoman province.
OPEC+ walks 'fine line' between US and Russia
The OPEC+ group of oil exporters are set to hammer out a new strategy at their meeting Wednesday, with all eyes on how they will react to soaring crude prices. Any decision on Wednesday will have to be unanimous, which may lead to a longer meeting than normal.
Syria's last traditional boat-makers keep ancient craft afloat
Khaled Bahlawan hammers nails into a traditional wooden boat he built by hand, toiling under the scorching sun on Syria's Mediterranean coast to preserve a disappearing ancient skill. Hundreds of workers, residents and visitors commute to and from there every day in wooden boats, mostly built by the Bahlawan family.
Alibaba shares extend losses on US delisting fear
Chinese e-commerce giant Alibaba led technology stocks lower in Hong Kong on Monday after US authorities put it on a watchlist that could see it delisted in New York if it does not comply with disclosure orders. The announcement comes as tensions between Washington and Beijing are dragged lower by a range of issues including technology, human rights and Taiwan.
Myanmar junta extends state of emergency
Myanmar's military government has extended a state of emergency by six months, state media said Monday, with the junta chief saying elections could only take place when the conflict-wracked country was "stable and peaceful". The junta declared a state of emergency after ousting Aung San Suu Kyi's government in February last year and plunged the country into turmoil.
From Africa's fastest man to Aussie javelin champion -- five athletes to watch
Athletics gets underway at the Commonwealth Games in Birmingham on Tuesday at the refurbished 30,000 capacity Alexander Stadium. WOMEN Keely Hodgkinson (ENG) -- 800m The 20-year-old should be the hottest of favourites to be crowned Commonwealth Games champion.
Unit of Chinese property giant Evergrande ordered to pay $1.1 billion
A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in a Hong Kong stock exchange filing. "As the borrowers failed to repay the loans, the applicant carried out its obligations under the guarantee and claimed against the subsidiary," it said.
Asian markets mixed as traders weigh rates outlook, China data
Asian markets were mixed Monday and oil fell as investors assessed data showing further weakness in China's economy and comments from Federal Reserve officials showing it was wedded to its campaign of interest rate hikes to fight inflation. The data out of China revived demand concerns on oil markets, sending both main contracts down Monday, following a bounce last week.
AFP
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