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TOKYO — Asia’s dependence on oil and gas from the Middle East makes it highly vulnerable to any closure of the Strait of Hormuz, a vital waterway for oil and gas shipments that is now in Iran’s crosshairs. Whether Iran could close off the chokepoint, through which around 20% of the world’s oil and gas…
Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls had a tepid trading debut in Hong Kong on Monday, with investors selling shares following the initial public offering (IPO) frenzy. Trading under the code 2050, the stock began trading at HK$20.95 amid a declining market, 7.2 per cent lower than its offer price of HK$22.53, in…
Shai Gilgeous-Alexander finished off his MVP season with 29 points and 12 assists, and the Oklahoma City Thunder won the NBA championship, pulling away in the second half to beat the Indiana Pacers 103-91 on Sunday night. Jalen Williams scored 20 and Chet Holmgren had 18 for the Thunder, who were pushed to a Game…
Iran-Israel War: US Secretary of State Marco Rubio has called on China to encourage Iran not to shut down the Strait of Hormuz after Washington carried out strikes on Iranian nuclear sites. Rubio’s remarks came after Iran’s Press TV reported that the Islamic Republic’s parliament has approved the measure to close the Strait of Hormuz,…
Over 74 million Americans rely on Social Security benefits to pay the bills and enhance their lifestyles in retirement. Factors like when they claim their benefit, the percentage of their income they expect it to replace and numerous other variables determine how much financial security the program will provide. No matter if you have to…
FBI, DHS prepare for possible attacks on U.S. – CBS News Watch CBS News Law enforcement sources tell CBS News the FBI and Department of Homeland Security will host a call with governors and other law enforcement to brief them on possible attacks amid a “heightened threat environment” following the U.S. strike on Iran. Shanelle…
China sharply criticised the United States and Israel on Sunday, calling on them to de-escalate their conflict with Iran, prioritise civilian safety and adhere to international law as Mideast anxiety intensified following the US attack on three Iranian nuclear facilities using massive “bunker buster” bombs. Washington has violated Iranian sovereignty, “exacerbated tensions in the Middle…
Annabelle Liang & Nick Marsh Business reporter & Transport correspondent Getty Images Almost half of all cars sold in China last year were electric “I drive an electric vehicle because I am poor,” says Lu Yunfeng, a private hire driver, who is at a charging station on the outskirts of Guangzhou in the south of…
China-based Unisound is offering 1.561 million shares in a Hong Kong IPO running June 20–25, with shares priced at HKD 165–205 each. Trading is set to begin June 30. The firm develops AI tools for healthcare, among other use cases, powered by a 60-billion-parameter model and Atlas AI infrastructure. Source link
Push in California to prohibit law enforcement from masking – CBS News Watch CBS News In California, there is a renewed push to prevent law enforcement from using masks to conceal their identity during interactions with the public. It comes amid increased immigration raids that have been marked by masked officers. Elise Preston reports. Be…