AFP
20194 articles published since 08 Mar 2022
20194 articles published since 08 Mar 2022
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 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.
Nichelle Nichols, a groundbreaking Black actress who played communications officer Nyota Uhura with cool authority on the popular 1960s series "Star Trek," has died at 89. She also played Uhura -- a name taken from the Swahili for "freedom" -- in the first six "Star Trek" movies.
US House of Representatives Speaker Nancy Pelosi was expected to begin her Asia tour Monday in the shadow of diplomatic tensions with China, with no word yet if she will make a stop in Taiwan. Pelosi is expected to begin the tour in Singapore, where meetings with the prime minister and president are on the agenda.
A funeral service for David Trimble, the Nobel peace prize-winning former first minister of Northern Ireland whose statecraft helped end decades of conflict, will be held Monday in his hometown of Lisburn. In the same year as the agreements were signed, Trimble was awarded the Nobel Peace Prize for his efforts, alongside pro-Ireland nationalist leader John Hume.
Parts of Beirut's grain silos collapsed on Sunday, just days before the second anniversary of a catastrophic explosion at the Lebanese capital's port that ravaged the stores and swathes of the city.
Israeli Prime Minister Yair Lapid on Sunday upped pressure on the United Nations to disband a commission investigating Israel, appealing to the secretary-general over "anti-Semitic" remarks from a member of the body.
Israel's premier promised an investigation Sunday into allegations by a female former guard at a maximum security prison that she was repeatedly raped by a Palestinian inmate after being forced to work as a "sex slave" by her superiors. She said she was "handed over" to him by her superiors and became his "private sex slave".
Nine people have lost their lives and more are feared dead in flooding in the eastern Ugandan city of Mbale after two rivers burst their banks, leaving a trail of destruction, officials said Sunday. He said the situation deteriorated after the Nabuyonga and Namatala rivers burst their banks, causing flooding across most parts of the city.
AFP
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