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CNN —The Philippines has accused Chinese vessels of carrying out “dangerous maneuvers” in a disputed area of the South China Sea in the latest maritime flare-up between the two neighbors. It claimed the Chinese boats “jeopardized” the safety of the crew members aboard the Philippine vessels, but did not detail how. It claimed the incident had involved four Chinese coast guard vessels and four Chinese “maritime militia” boats. Western marine security experts believe Beijing controls a maritime militia hundreds of vessels strong that acts as an unofficial – and officially deniable – force to push its territorial claims both in the South China Sea and beyond. In response to the latest confrontation, the Chinese coast guard issued a statement on Friday, accusing the Philippines of unauthorized entry into the area.
Persons: Thomas, , Thomas Shoal, Ferdinand Marcos Jr Organizations: CNN, BRP, BRP Sierra Madre, Court Locations: Philippines, South, Philippine, Ayungin, China, Spratly, Beijing, Thomas Shoal . China, Malaysia, Brunei, Taiwan, Manila, BRP Sierra, China’s Nansha, Hague, South China
The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. Order types are programmed instructions traders use to tell exchanges how to handle their trades. M-ELO, first released in 2018, is a strategic order type that enables investors with longer-term horizons to trade with each other using a 10-millisecond waiting period. Nasdaq's research shows that the real-time AI order type has a 20.3% increase in fill rates and an 11.4% reduction in mark-outs, indicating the improvements AI-powered solutions can bring to capital markets. "This new order type can increase order fill rate and reduce holding time if successfully implemented, which could help Nasdaq take market shares from other exchange operators," said Owen Lau, senior analyst at Oppenheimer & Co.
Persons: Owen Lau, Laura Matthews, Mark Porter Organizations: Nasdaq, REUTERS, Nasdaq Inc, U.S . Securities, Exchange Commission, SEC, Oppenheimer, Co, Thomson Locations: New York City, U.S
Since 1900, there have been no earthquakes M6 (magnitude 6) and larger within 500 km of this earthquake, and only 9 M5 (magnitude 5) and larger earthquakes,” USGS said. Most houses in the mountain village of Asni near the epicenter were damaged, Montasir Itri, a local resident, told Reuters. Morrow state-run Al-Aoula television on Saturday showed multiple buildings collapsed near the epicenter of the earthquake. I’m still in the road with my children and we’re scared,” Houda Hafsi, a 43-year-old Marrakech resident, told Reuters. Before the Covid pandemic, the old city drew nearly three million tourists in 2019.
Persons: Montasir, , Hamid Afkar, Waaziz Hassan, Brahim Himmi, I’m, Houda, Aoula Organizations: CNN, United States Geological Survey, Reuters, Royal Moroccan Armed Forces, Twitter, “ Earthquakes, National, of Geophysics, , UNESCO Locations: Morocco, African, Marrakech, Asni, Taroudant, Morrow, Al, Rabat
Ukraine Foreign Minister Dmytro Kuleba called US military aid "the most profitable investment into world's security" during a joint news conference with US Secretary of State Antony Blinken in Kyiv on Wednesday. Kuleba said he and Blinken had “an open, sincere and friendly conversation” and reiterated that the US support for Ukraine is long-standing. “Anyone in the world who has doubted that Ukraine and the US will stand shoulder to shoulder until the end of this war have received a powerful signal today that they are wrong. We are moving forward together because we understand this war is not just about the future of Ukraine, but the future of the world,” he said. The leaders also ate at a McDonald’s in Kyiv, which had recently reopened.
Persons: Dmytro Kuleba, Antony Blinken, ” Kuleba, Kuleba, United States “, Blinken, Organizations: , Atlantic Treaty Organization, NATO, Tactical Missile Locations: Ukraine, Kyiv, United States, Ukrainian, Romania
But for older adults, our towns and cities are filled with obstacles — stairs, unsafe sidewalks and crossings, inadequate lighting — that grow increasingly difficult for them as they age. Alberto Lau, 78, San DiegoDr. Hong responds: Busy streets and intersections can be challenging for older adults to navigate. Additionally, installing more crosswalks and making them more visible can make it easier for older adults to cross the street safely. Yet more and more older adults need the kind of high-quality transportation that can reliably get them from one place to another. This can be especially important for older adults, who may have slower reaction times or difficulty seeing oncoming traffic.
Persons: it’s, They’re, Alberto Lau, San Diego Dr, Hong, ” Deborah Muccino, Uber, Janice Mundy, Rosner, I’m, I’ve, Jan Ligon, Saralyn Fosnight, Andy Hong, Hirotoshi Iwasaki, Vishakha Darbha, Kaari Pitkin, Carole Sabouraud, Efim Shapiro, Jillian Weinberger, Tenzin D, Meher Ahmad, Ana Becker, Jessia Ma Organizations: New York Times, Department of Transportation, New, University of Utah Locations: , San Diego, Concord, Calif, Pennsylvania, California, Gig, Pierce County, Rural, Michigan, Detroit, Atlanta, New York City, Chicago, Boston, Kaari
CNN —Three men on board an inflatable catamaran were pulled from the sea in the early hours of Wednesday after “several shark attacks” left their vessel partially sunken off the Australian northeastern coast. The 9-meter (30-foot) Russian-registered vessel appeared to run into trouble when sharks attacked its inflatable hulls. “Both hulls of the vessel have been damaged following several shark attacks,” AMSA said in the statement. AMSA duty manager Joe Zeller said “a large section” of the vessel’s hull was missing when it was found. “The three males were very happy to be rescued and they are all healthy and well,” Zeller said.
Persons: , ” AMSA, AMSA, Joe Zeller, , Zeller, ” Zeller Organizations: CNN, Australian Maritime Safety Authority Locations: Vanuatu, Cairns, Panama, Brisbane
Five judges from Hong Kong’s Court of Final Appeal handed down their decision on Tuesday, following years of legal battles challenging the government’s refusal to let gay people get married or form a civil union partnership. Hong Kong does not allow or grant same-sex marriage or unions, even though homosexuality has been decriminalized in the city since 1991. Jerome Yau, co-founder of Hong Kong Marriage Equality, said he is “cautiously optimistic” as he awaits further details to be hammered out. Polls in Hong Kong have shown growing support for same-sex equality among the public, especially younger people. Raymond Chan Chi-chuen, the first member of Hong Kong’s Legislative Council to come out as gay, is a co-defendant in Sham’s case.
Persons: , Kin Cheung, Hong, Jerome Yau, , Jimmy Sham, Felix Wong, Sham, ” Sham, Hong Kong –, Raymond Chan Chi, Xi Jinping Organizations: Hong Kong CNN, Hong, Appeal, CNN, Parade, Civil, Prosecutors, Hong Kong’s Legislative Council Locations: Hong Kong, Hong Kong’s, Asia, Taiwan, Nepal, Beijing, New York, China, Shanghai
Each of the parents has forked out 14,000 yen ($96) to attend this event, hosted by the matchmaking agency Association of Parents of Marriage Proposal Information. It’s not that Japan, a notoriously work-obsessed nation where time is at a premium, hasn’t tried out the more direct approach to speed-dating, where the youngsters do it for themselves. Japan remains a highly patriarchal society in which married women are often expected to take the caregiver role, despite government efforts to get husbands more involved. But however great the yearning for grandchildren, Miyagoshi says she always emphasizes to parents that their children should come first. No matter how much parents want grandchildren, the children must be willing to have children,” she said.
Persons: Tokyo CNN —, , It’s, hasn’t, , Noriko Miyagoshi, Junko Fukutome, Fumio Kishida, James Raymo, ” Raymo, Shigeki Matsuda, Philip Fong, Matsuda, it’s, ” Matsuda, Raymo, Miyagoshi, Tomohiro Ohsumi, don’t, Richard A, Brooks, hadn’t Organizations: Tokyo CNN, Sakai Chamber, Commerce, of Parents, Association of Parents, CNN, East Asian Studies, Princeton University, Chukyo University, National Institute of Population, Social Security, Young, Organisation for Economic Co, Getty Locations: Osaka, Japan, Aichi, Roppongi, Tokyo, AFP, France, Germany, Yonomori, Fukushima, Hie
Emotional Tony Leung wins lifetime award at Venice
  + stars: | 2023-09-02 | by ( ) www.reuters.com   time to read: +2 min
[1/4] The 80th Venice Film Festival - Award Ceremony for Golden Lion award for lifetime achievement - Venice, Italy September 2, 2023. Actor Tony Leung Chiu-Wai reacts as he receives the Golden Lion award for lifetime achievement. REUTERS/Guglielmo Mangiapane Acquire Licensing RightsVENICE, Sept 2 (Reuters) - Hong Kong actor Tony Leung Chiu-wai received a Golden Lion Lifetime Achievement Award at the Venice Film Festival on Saturday, brushing away his tears as he was given a prolonged standing ovation. He also appeared in a trio of movies that won the top Golden Lion award at the Venice Film Festival -- "A City of Sadness" (1989), "Cyclo" (1995) and "Lust, Caution" (2007), directed by Ang Lee, who handed him his award on Saturday. In another major challenge, Leung said he was about to make his first European film, "Silent Friend", directed by Hungary's Ildikó Enyedi.
Persons: Tony Leung Chiu, Wai, Guglielmo Mangiapane, Leung, Wong Kar, Ang Lee, Andy Lau, Lau, Hungary's Ildikó, I'm, Hanna Rantala, Crispian Balmer, Ros Russell Organizations: Reuters, Golden, Thomson Locations: Venice, Italy, Hong Kong
CNN —A new draft law that would enshrine harsh punishments for women and girls who fail to wear a hijab in Iran could amount to “gender apartheid,” UN experts said in a statement on Friday. “The draft law could be described as a form of gender apartheid, as authorities appear to be governing through systemic discrimination with the intention of suppressing women and girls into total submission,” the experts said. The proposed legislation, which is currently under review by the Iranian parliament, would establish harsh penalties for women who refuse to wear the veil – including long jail sentences. The 70-article draft law also proposes stiff new penalties for celebrities and businesses who flout the rules and the use of artificial intelligence to identify women in breach of the dress code. The draft law came under review by Iranian authorities just weeks ahead of the one-year anniversary of the mass protests sparked by the death of Mahsa Amini, a young woman who died after being stopped by Iran’s morality police in Tehran.
Persons: , , Mahsa, Organizations: CNN, UN, Locations: Iran, Tehran
CNN —New audio has been released of Princess Diana talking about how Britain’s Prince Charles – now King Charles III – was disappointed that they were having a boy, not a girl, when Prince Harry was born. The late princess recorded a series of audio tapes in the 1990s and had them secretly delivered to author Andrew Morton before her death in a high-speed car crash in 1997. ABC’s Good Morning America got an exclusive listen to the tapes in which Diana says her husband wouldn’t even talk to her stepmother Raine Spencer. ‘Pain, Raine?’She recalled Spencer reacting by saying she had “no idea how much pain your mother put your father through.”The late Princess responded: ‘Pain, Raine? When asked if he would release more audio, Morton said, “There is global interest, but we’ll have to see what happens.”
Persons: Princess Diana, Britain’s Prince Charles –, King Charles III –, Prince Harry, Andrew Morton, Diana, wouldn’t, Raine Spencer, Charles, , ’ ”, , ” Prince Harry, Meghan, Queen Elizabeth II, Harry, , You’ve, , ‘ Pain, Raine, Spencer, you’ve, ABC’s, Camilla, ” Morton, Morton Organizations: CNN, America, Netflix Locations: United Kingdom, North America
Bitcoin jumped 7% on investor hopes that the ruling will pave the way for approval of one or more spot bitcoin ETFs from BlackRock, Fidelity, Invesco and others. Yet the SEC's commitment to regulation by enforcement under Gensler, rather than laying out clear rules, has left companies struggling and hindered new bitcoin investors. If Tuesday's ruling does open the door to the first spot bitcoin ETF in the U.S., that could eventually push crypto prices higher. Owen Lau, an analyst at Oppenheimer, cautioned that Grayscale's court victory "doesn't necessarily mean the SEC will approve Grayscale's conversion, or that there will be a floodgate of spot bitcoin ETF approvals in the near term." Regardless, Tuesday's court decision "is not enough" to bust the market out of its summer stupor, Lau added.
Persons: Bitcoin, it's, Ric Edelman, Gary Gensler, Edelman, Owen Lau, Oppenheimer, Lau Organizations: SEC, ., Appeals, Securities and Exchange Commission, Fidelity, Digital Assets, Financial Professionals Locations: BlackRock, U.S
Total intake at China's military academies is the highest since 2017 and 2,000 more than last year. The total intake — spread across China's 27 military academies that accept high-school graduates — was 2,000 more than last year, the People's Liberation Army (PLA)'s official newspaper reported on Tuesday. Almost all places for this cohort had been filled, the PLA Daily report said. STR/AFP via Getty ImagesThe Central Military Commission — China's top military command, chaired by President Xi Jinping — announced the new standards in March. AdvertisementAdvertisementHowever, China's military academies offer far more places for men than for women.
Persons: , Chen Bin, Xi Jinping —, Air Defence —, Xi, Liu Yang, Zhu Yuemeng, Dong Jun Organizations: Service, People's Liberation Army, PLA, Getty, PLA Daily, Military Commission, PLA Army Academy of Artillery, Air Defence Locations: Wall, Silicon, Beijing, Huainan, Hefei, Shandong, China, Liaoning
Coin Metrics measures a week in crypto, which trades 24 hours a day, from the 4:00 p.m. "The part that could upset the crypto market is if interest rates stay higher for longer, which disappoints the expectation that the rate could be lowered in the first half of 2024. Trading data also shows long-term investors haven't been easily shaken by the recent weakness. This tells us that despite the price volatility and recent downdraft in prices, long-term holders are unwavering. He added that while it's unclear what exactly accounts for traders' resilience, maturing crypto investors are becoming more "aware of the cycles associated with bitcoin's halving and are expecting it to repeat, leading to price appreciation."
Persons: Bitcoin, Oppenheimer's Owen Lau, Jerome Powell's, Gustavo Schwenkler, It's, haven't, Greg Cipolaro, Michael Bloom, Nick Wells Organizations: Metrics, Fed, Leavey School of Business, Santa Clara University, Indicia Labs, SEC, JPMorgan, Management, CNBC Locations: Jackson Hole , Wyoming, U.S, China, NYDIG, Stone
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst discusses BRICS members' different views about the group's expansionAlessandro Arduino, lecturer Lau China Institute at King's College London, says countries interested in joining the BRICS grouping don't want to be forced to make a choice between global powers.
Persons: Alessandro Arduino, Lau Organizations: Lau China Institute, King's College London Locations: Lau China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs strategist says housing demand in China will probably be weak in the years aheadKinger Lau of Goldman Sachs says that will be a drag on economic growth at least for the next few years.
Persons: Goldman Sachs, Kinger Lau Locations: China
New Zealand scraps last of its Covid restrictions
  + stars: | 2023-08-15 | by ( Chris Lau | ) edition.cnn.com   time to read: +4 min
“While our case numbers will continue to fluctuate, we have not seen the dramatic peaks that characterized COVID-19 rates last year,” the health minister added. Covid has put considerably less pressure on the health care system this winter, New Zealand’s current season, with cases accounting for just 2.2% of recent hospital admissions, according to the government. “If New Zealand had had a similar rate of Covid-19 mortality as the United States, we would be reporting around 15,000 deaths from Covid,” he argued. As health minister during much of the pandemic Hipkins was closely associated with the zero-Covid controls. New Zealand goes to the polls in October, and Labour are facing a stiff challenge from the center-right opposition National Party.
Persons: Ayesha Verrall, ” Verrall, Covid, we’re, Chris Hipkins, , Hipkins, Jacinda Ardern Organizations: CNN, Zealand, Health, Zealanders, Labour Party, Labour, National Party, Australia Locations: . New Zealand, Zealand, United States, Covid, Wellington
Real estate problems persist with once-healthy developer Country Garden now on the brink of default. Real estate dragChina's massive real estate sector, where the majority of household wealth is parked, has reemerged as an area of concern that it could drag down the broader economy. Developer Country Garden announced over the weekend it was suspending trading in at least 10 of its mainland-China traded yuan bonds. The more the government tries to help the real estate industry, the longer it takes for the industry to find a reasonable bottom. State-owned developers have also fared better in terms of recent sales than non-state-owned developers, data show.
Persons: Aly Song, Lu Ting, corporates, Xiangrong Yu, Goldman Sachs, Louis Lau Brandes, Louis Lau Organizations: Bund, Reuters, Nomura, Citi New, Citi, Garden, ., Country Garden's U.S, China U.S, Goldman, Louis Lau Brandes Investment Partners, Brandes Investment Partners Locations: Pudong, Shanghai, China, Reuters BEIJING, Japan, today's China, corporates, State, South Korea
Quito, Ecuador CNN —The body of the assassinated Ecuadorian presidential candidate Fernando Villavicencio was buried in a private ceremony in the country’s capital on Friday night. The 59-year-old was laid to rest in the Monteolivo cemetery in northern Quito, his campaign team confirmed to CNN en Español. They said the burial was carried out in deep privacy, with his coffin escorted by members of the police along with his closest relatives. Villavicencio, an anti-corruption campaigner and lawmaker who was outspoken about the violence caused by drug trafficking in the country, was gunned down at a campaign rally in Quito on Wednesday. The Ecuadorean presidential candidate Fernando Villavicencio speaks at a campaign rally in Quito, Ecuador, on August 9, 2023.
Persons: Fernando Villavicencio, Villavicencio, Karen Toro, Guillermo Lasso Organizations: Ecuador CNN, Ecuadorian, CNN, Wednesday, Movimiento, Reuters Authorities, UN Human Rights, European Union, US Federal Bureau of Investigation Locations: Quito, Ecuador, United States
CNN —Jailed Russian opposition leader Alexey Navalny on Friday took aim at Russia’s “corrupt” elite that placed President Vladimir Putin in power. “I hate Yeltsin, […] Chubais and the rest of the corrupt family who put Putin in power,” he said, referring to former Russian President Boris Yeltsin and former high-level Russian official Anatoly Chubais. “Is there any other country where so many ministers of (a) government of reforms became millionaires and billionaires? But he said “Russia will still have a chance” to turn things around into the democratic direction. Moscow has denied involvement in the poisoning, with Putin himself saying in December 2020 that if Russian security services had wanted to kill Navalny, they “would have finished” the job.
Persons: CNN —, Alexey Navalny, Vladimir Putin, , – Navalny, ” Navalny, , Yeltsin, Putin, Boris Yeltsin, Anatoly Chubais, Navalny, didn’t, Russia “, Novichok Organizations: CNN, Soviet Union Locations: Moscow, Soviet, Russia, “ Russia, , Germany
Caviar Gets Even More Refined
  + stars: | 2023-08-08 | by ( ) www.nytimes.com   time to read: +2 min
So it’s perhaps no surprise that chefs are turning their attention to something more rarefied than your everyday osetra: albino caviar, which ranges in color from alabaster to golden, and is the result of uncommon mutations. The most sought after is that of the beluga sturgeon but, says Hermes Gehnen, the founder of N25 Caviar, an international purveyor, “restaurants generally can’t afford it. Although white caviar stock is limited, they aren’t the only pale orbs worth chasing. Snail eggs, which have a mushroomlike flavor, have the same visual appeal despite their earthy taste. “Sometimes,” says Munk, “you’ll pay even more money for snail eggs than you do for caviar.” — Lauren JosephThe Thing: Jewel-Toned Glass Lamps From Hermès
Persons: Hermes Gehnen, , Angie Mar, Rasmus Munk, Araki, Marty Lau, Munk, , ” — Lauren Joseph The Organizations: Trois, Alchemist Locations: New York, Copenhagen, London
“I write this as a hostage,” Bazoum wrote in the Washington Post. Bazoum also cautioned that foreign aid makes up 40% of the national budget – and it would not be delivered if the coup succeeds. ‘Determined, optimistic’CNN has not been able to independently confirm the conditions under which Bazoum is being detained in his residence. Bazoum also warned of growing Russian influence in the Sahel region. “With an open invitation from the coup plotters and their regional allies, the entire central Sahel region could fall to Russian influence via the Wagner Group,” Bazoum wrote.
Persons: CNN —, Mohamed Bazoum, ” Bazoum, , , Bazoum, , , Idrissa Waziri, he’s, ” Waziri, Waziri, Abdourahamane Tiani, Tiani, he’d, Wagner, Russia’s Wagner, Salifou Mody, Joe Biden, Patrick Ryder, evacuates Organizations: CNN, Washington Post, Burkina, junta, Nigerien, Wagner, Pentagon, US Defense Department Locations: Washington, Niamey, United States, West, “ Niger, Niger, Europe, France, Mali, Burkina Faso, Sahel
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's too early to say that the crypto exchange model should not exist, says analystOwen Lau of Oppenheimer shares why he is optimistic on Coinbase's prospects and discusses the regulatory and legislative environment for cryptocurrency exchanges.
Persons: Owen Lau, Oppenheimer
A recent video shows a Ukrainian attack helicopter using US-made 70 mm Hydra rockets. The rockets appear to be being used in an adapted M261 rocket pod on the wing of a Mi-24V. In fact, a video emerged on social medias showing an aircrew loading the US-made 70 mm rockets in an adapted M261 rocket pod under the stub wing of a Mi-24V. The Hydra 70 mm rocket and the 19-shot M261 rocket pod are apparently replacing the S-8 80 mm rocket and the 20-shot B-8V20 rocket pod usually seen under on Ukrainian Mi-24s. Apart for the pylon adapter installed on the pod, we don't know if other modifications were required to employ the new unguided rockets.
Persons: Hinds, LAU Organizations: Service, Soviet, Rotary Wing Locations: Ukrainian, Ukraine, Wall, Silicon, Czech Republic
The Ministry of State Security oversees intelligence and counterintelligence both within China and overseas. Titled “Countering espionage requires the mobilization of all members of society,” the ministry said national security bodies should keep reporting channels, such as hotlines and online platforms, open to handle reports of suspected espionage within China in a timely manner. But those efforts have gathered pace under Xi Jinping, China’s most assertive and authoritarian leader in a generation who has made state security his top priority. Previous anti-spying driveThere have been multiple previous calls by China for the public to look for potential spies. In June last year, China announced “material rewards” of up to and above 100,000 yuan ($15,000) for tip-offs about people who endanger national security.
Persons: Hong Kong CNN —, , Xi Jinping, Greg Baker, Xiao Li, Li –, David Organizations: Hong Kong CNN, of State Security, CIA, FBI, Group, Bain & Company, Astellas Pharma, Getty Locations: Hong Kong, China, Beijing, American, Shanghai, Japan, AFP
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