SHANGHAI: China will show “zero tolerance” towards securities and accounting fraud and will step up a crackdown on major capital-markets crimes, financial regulators said after a meeting of the Financial Stability Development Committee. The meeting on Sunday (Jul 12) was chaired by Vice Premier Liu He, the Cabinet-equivalent State Council […]
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SYDNEY: An Australian man who pleaded guilty to killing 51 Muslim worshippers in New Zealand’s worst mass shooting in 2019 has decided to represent himself a month ahead of the sentencing hearing, the court said on Monday (Jul 13). Brenton Tarrant pleaded guilty earlier this year to 51 charges of […]
SAN DIEGO: Flames raged for hours on Sunday (Jul 12) aboard a US warship docked at Naval Base San Diego, sending 21 people to the hospital with minor injuries and prompting a relocation of two other Navy vessels moored nearby, military and local fire officials said. The San Diego Fire-Rescue […]
LONDON: The coronavirus pandemic has caused an “unprecedented education emergency” with up to 9.7 million children affected by school closures at risk of never going back to class, Save the Children warned on Monday (Jul 13). The British charity cited UNESCO data showing that in April, 1.6 billion young people […]
GENEVA: The World Health Organization (WHO) reported a record increase in global coronavirus cases on Sunday (Jul 12), with the total rising by 230,370 in 24 hours. The biggest increases were in the United States, Brazil, India and South Africa, according to a daily report. The previous WHO record for […]
TOKYO: The US dollar started the week with a soft tone on Monday (Jul 13) as investors looked to looming economic data from around the world and US corporate earnings to gauge whether the markets’ guarded optimism on the economic outlook is justified. The greenback ended its third week of […]
ORLANDO: Florida reported a record increase of more than 15,000 new cases of COVID-19 in 24 hours on Sunday (Jul 12), a day after Walt Disney World in Orlando reopened and anti-mask activists held a rally at a nearby restaurant. If Florida were a country, it would rank fourth in […]
LONDON: Bournemouth breathed life into their Premier League survival bid on Sunday (Jul 13), coming from a goal down to beat fourth-placed Leicester City 4-1 for their first win in 10 games. Leicester were in command after Jamie Vardy’s scrappy first-half goal. But with the relegation trapdoor creaking underneath their […]
HONG KONG: A majority of US companies in Hong Kong surveyed by the American Chamber of Commerce (Amcham) are concerned about the sweeping new national security law in the global financial hub, with a third looking to move assets or business longer-term. The legislation, which punishes secession subversion, terrorism and […]
WASHINGTON: US House Speaker Nancy Pelosi accused President Donald Trump of “messing with” children’s health on Sunday (Jul 12) and said federal guidelines on reopening schools amid the coronavirus outbreak should be mandatory. The Democratic House of Representatives leader sharply criticised the Trump administration for advocating a return to school […]