• 02/27/2025

China’s Benchmark Lending Rates Lowered by 10 Basis Points

Wall Street Journal The benchmark lending rates were lowered Monday as expected, in a bid to support China’s slowing economic recovery. https://www.wsj.com/articles/chinas-benchmark-lending-rates-lowered-by-10-basis-points-621df0c0

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South Korea investigates secret Chinese ‘police stations’ after claims of 2 more being uncovered on Jeju Island

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s embassy in Seoul slammed allegations that three ‘so-called secret police stations’ had been set up in South Korea. One analyst said Seoul was fed up with ‘letting Chinese agents operate without restraints’. https://www.scmp.com/week-asia/people/article/3224646/south-korea-investigates-secret-chinese-police-stations-after-claims-2-more-being-uncovered-jeju?utm_source=rss_feed

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Russians attack Zaporizhzhia and its suburbs, causing destruction

Pravda Ukraine Russian occupation forces launched a large-scale airstrike on the city of Zaporizhzhia and its suburbs on the night of 19-20 June, damaging utilities and private property. There were no casualties. Source: Yurii Malashko, Head of Zaporizhzhia Oblast Military Administration, on Telegram Quote: “Another insidious large-scale attack by the enemy shook Zaporizhzhia and its…

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China cuts mortgage-related rate to prop up economy. Is property loosening on the way?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China cut two benchmark lending rates on Tuesday amid efforts to support the slowing economy following a string of disappointing data. https://www.scmp.com/economy/china-economy/article/3224671/china-cuts-mortgage-related-rate-prop-economy-property-loosening-way?utm_source=rss_feed

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Wall Street Journal Boomers got hooked on stocks. Now they can’t let go. https://www.wsj.com/articles/more-amp-raquo-e352e182

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Lavrov to meet with counterparts from Moscow-led bloc in Minsk

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to the Russian Foreign Ministry, participants in the meeting will assess multilateral cooperation within the CSTO and exchange views on the prospects for future interaction https://tass.com/russia/1635179

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Paul-Henry Nargeolet, French mariner feared aboard missing Titanic sightseeing sub, knew perils of deep dives

Fox News French mariner Paul-Henry Nargeolet, considered one of the leading experts on the Titanic, is feared to be among five people who went missing on a tourist submersible visiting the wreckage.  Nargelot was named in a Facebook post by fellow voyager, Hamish Harding, a U.K. billionaire and aviator, a day before the mission.  “The…

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Taiwan shares open lower

Taipei, June 20 (CNA) The Taiwan Stock Exchange’s main index opened down 40.76 points at 17,233.80 Tuesday on turnover of NT$5.94 billion (US$192.47 million). https://focustaiwan.tw/business/202306200002

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Hong Kong’s rash of violent crimes may not be result of ‘copycat effect’, experts say, as one warns post-Covid stress could lead to more conflicts

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. City has witnessed spate of violent incidents in June, including recent knife attack on McDonald’s manager and fatal stabbing of two women at shopping centre. https://www.scmp.com/news/hong-kong/law-and-crime/article/3224656/hong-kongs-rash-violent-crimes-may-not-be-result-copycat-effect-experts-say-one-warns-post-covid?utm_source=rss_feed

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Chinese military to get new rules to control top commanders’ social lives

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Analysts described the rules governing a range of social interactions as unprecedented and something that had not even happened in the Mao Zedong era. https://www.scmp.com/news/china/military/article/3224649/chinese-military-get-new-rules-control-top-commanders-social-lives?utm_source=rss_feed

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