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Most Asian markets up as oil drops, eyes on Taiwan and US jobs
Asian equities mostly rose Friday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and central bank interest rate hikes, while focus turns to key US jobs data later in the day.
China Evergrande to get $818 mn for scrapping stadium deal
Embattled Chinese property giant Evergrande has cancelled a contract to build a football stadium in a southern city in return for 5.52 billion yuan ($818 million), it said in a filing. Evergrande had started construction, including the building of the Guangzhou Evergrande Football Stadium, which was set to have at least 80,000 seats, it said.
China to hold fresh drills around Taiwan despite US condemnation
China was set to press ahead Friday with its largest-ever military exercises encircling Taiwan despite firm statements of condemnation by the United States, Japan and the European Union.
'Balancing act': Erdogan to sound out Putin on Ukraine and Syria
Ending the war in Ukraine and starting a new one in Syria are expected to dominate talks on Friday between Russian President Vladimir Putin and Turkish counterpart Recep Tayyip Erdogan. Three more are expected to to set sail Friday under a landmark deal designed to relieve a global food crisis caused by the war.
South Korea's first lunar orbiter launched by SpaceX
South Korea's first lunar orbiter successfully launched on a year-long mission to observe the Moon, Seoul said Friday, with the payload including a new disruption-tolerant network for sending data from space. One of the instruments will evaluate disruption-tolerant, network-based space communications, which, according to South Korea's science ministry, is a world first.
Families of trapped Mexican miners pray for miracle
Dozens of rescuers battled Thursday to free 10 workers trapped in a flooded coal mine in northern Mexico, where desperate relatives waited for news more than 24 hours after a cave-in.
Moscow TV protester plays 'Russian roulette' with risky comeback
Marina Ovsyannikova, who denounced Russia's intervention in Ukraine during a live TV broadcast, knew that coming back to Moscow would be akin to playing a game of Russian roulette. In March, Ovsyannikova shot to prominence for interrupting a live TV broadcast to denounce President Vladimir Putin's military intervention in Ukraine.
Craft distillers fear mezcal will become victim of own success
With just a look, Sosima Olivera knows when her cherished agave plants will be ready to make mezcal, tequila's lesser-known Mexican cousin whose fast-growing popularity is raising fears of overexploitation. "A bottle sums up everything we've done for years," she told AFP while touring a field in Mexico's southern state of Oaxaca where magueys -- a type of agave plant -- grow slowly under the sun.
Twitter says Musk making up excuses to breach deal
Twitter on Thursday said the notion Elon Musk was "hoodwinked" into inking a $44 billion buyout deal defies reason and the facts. "According to Musk, he - the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers - was hoodwinked by Twitter into signing a $44 billion merger agreement," Twitter said.
AFP
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