Text size Three Chinese megacities on Monday eased restrictions on buying homes and Beijing’s central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump. The country’s teetering real estate market long accounted for around a quarter of China’s economy and experienced…
Text size Taiwan said Sunday it was on heightened alert after detecting “multiple waves” of missile firings in inland China, days after Beijing test-launched an intercontinental ballistic missile. The defence ministry said it detected the firing by China’s Rocket Force and army in the provinces and regions of Inner Mongolia, Gansu, Qinghai and Xinjiang from…
Text size China said Sunday it was “deeply concerned” and “closely following” soaring tensions in the Middle East, after Israel killed Hezbollah leader Hassan Nasrallah in strikes on Lebanon. “China is closely following this incident and deeply concerned about the escalation of tensions in the region,” Beijing’s foreign ministry said in a statement, urging “all…
Demonstrators in Tehran’s Palestine Square on September 28, 2024, after Hezbollah confirmed the killing of its leader Hassan Nasrallah ATTA KENARE Text size Israel’s foes vowed revenge on Saturday after Iran-backed Lebanese militant group Hezbollah announced its longtime leader Hassan Nasrallah was killed in an Israeli air strike on Beirut suburbs. World powers also warned…
Text size Hezbollah on Saturday claimed a rocket attack on northern Israel, the first after heavy Israeli strikes pounded Beirut’s southern suburbs overnight. “Defending Lebanon and its people, and responding to the barbaric” Israeli attacks “on cities and villages and civilians”, Hezbollah fighters targeted kibbutz Kabri in northern Israel “with a salvo of Fadi-1 rockets”,…
US Secretary of State Antony Blinken met Chinese Foreign Minister Wang Yi on the sidelines of the UN General Assembly Heather Khalifa Text size RECASTS with Blinken remarks US Secretary of State Antony Blinken on Friday questioned China’s sincerity in seeking peace in Ukraine as he directly pressed his counterpart over exports that boost Russia’s…
Text size The Israeli military said Saturday that it was conducting strikes targeting Hezbollah weapons stored beneath residential buildings in the south of the Lebanese capital, Beirut. “The IDF (military) is currently conducting targeted strikes on weapons belonging to the Hezbollah terrorist organisation that were stored beneath civilian buildings” in a southern suburb of Beirut,…
Text size CHANGES source China on Friday cut the amount banks must hold in reserve, a bid to boost its flagging economy by releasing an estimated $142.6 billion in liquidity into the financial market. The move, unveiled in a statement from China’s central bank, comes a day after top officials including President Xi Jinping met…
Text size China sought to cover up the sinking of its newest nuclear-powered submarine, a senior US defense official said on Thursday. The sinking at a shipyard earlier this year was first reported by The Wall Street Journal, which also said that satellite imagery later showed large floating cranes arriving to salvage it. “It’s not…
Text size China’s leadership, including President Xi Jinping, admitted Thursday that the country’s economy was facing new “problems”, according to state media. “Some new situations and problems have emerged in the current running of the economy,” Xinhua reported after a meeting of the Politburo of the ruling Chinese Communist Party. pfc-oho/je/dan Source link