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34d06/01

Fire kills 5 in South Korea after blast at defence giant Hanwha Aerospace’s factory

Five people have died and two others were injured in a fire at a factory operated by South Korea’s Hanwha Aerospace in the city of Daejeon, authorities said on Monday. The two survivors, including one who was badly burned, had escaped from the facility themselves, a fire official told a briefing. “Authorities have yet to identify the victims ‌because their bodies were severely damaged,” a health official told the same briefing. A fire official said that an explosion had triggered the blaze,...

unclassifiedchina · asia · korea
34d06/01war-conflict · 2/5

US says struck Iran military sites, Tehran responds by targeting base

The US said it struck Iranian military sites at the weekend and Iran’s Revolutionary Guards said on Monday it had targeted a US base in response, the latest in a series of exchanges amid negotiations to end the three-month-old ‌war. The strikes on Iran’s Gulf coast were in response to “aggressive Iranian actions that included the shootdown of a US MQ-1 drone that was operating over international waters,” the US Central Command said in a post on X. “US fighter aircraft swiftly responded by...

unclassifiedchina · asia · usa
34d06/01war-conflict · 2/5

US Strikes Iran’s Air Defence, Ground Control Station After MQ-1 Shootdown Amid Ongoing Talks

The US launched airstrikes on Iranian radar and drone control sites after Iran shot down a US MQ-1 drone over international waters. The strikes targeted systems in Goruk and Qeshm Island, neutralizing air defenses and attack drones that threatened regional ships. No American personnel were harmed in the operation. submitted by /u/Aware_Apartment_8959 [link] [comments]

Socialunclassifiedusa · europe · uk
34d06/01

Chinese archaeologist pleads guilty, firms flee Singapore’s costs: 5 weekend reads you missed

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. Chinese archaeologist who discovered 5,000-year-old city pleads guilty to corruption 2. Hong Kong body took action after teacher carried female student like bride 3. ‘Clear-eyed’ on China: the takeaways from Pete Hegseth’s Shangri-La speech 4. Rising costs in Singapore spur business migration as...

unclassifiedchina · asia
34d06/01war-conflict · 3/5

Shangri-La Dialogue: what China, US and Japan said

US Defence Secretary Pete Hegseth praised stabilised ties with China at the recently concluded Shangri-La Dialogue in Singapore, as Chinese delegate Major General Meng Xiangqing warned against hegemonism and Japanese military expansion, while Japan’s Defence Minister dismissed claims of a “new militarism”. Read the full text of all three speeches below. Major General Meng Xiangqing: Remarks by Professor Meng Xiangqing, Head of the PLA Delegation of Experts and Scholars, National Defence U... by.

unclassifiedchina · asia · usa
34d06/01

How has China’s year-long law enforcement campaign changed local governance?

Beijing has revealed the sweeping scale of a year-long campaign targeting irregular law enforcement against businesses as the country intensified its efforts to discipline local bureaucracies and improve governance. The Information Office of the State Council, China’s cabinet, said in a press briefing on May 21 that the campaign uncovered more than 66,000 problematic administrative law enforcement cases and helped companies to recover 30.7 billion yuan (US$4.5 billion). Authorities said more...

unclassifiedchina · asia
34d06/01

Selling my car and looking for options to diversify my portfolio

II’m an EU investor with a long-term horizon. My current allocation is mostly broad equity index funds (EuroStoxx 60 and S&P 500/Nasdaq) plus a gold position. I’ll soon have a lump sum available that is large relative to my existing portfolio and I’m interested in learning how investors generally think about deploying new capital in this situation. submitted by /u/Acid_3929 [link] [comments]

Socialunclassifiedusa · europe
34d06/01

Anger as Malaysian state leader shoots Eid cow with shotgun

A Malaysian state chief minister is under police investigation after a viral video showed him shooting a sacrificial cow with a shotgun at an Eid ul-Adha event, triggering public anger and questions over gun use, animal welfare and Islamic slaughter rules. Police in Perlis, a small northern state bordering Thailand, said they had seized the shotgun believed to have been used by Chief Minister Abu Bakar Hamzah at the korban (ritual sacrifice of livestock) ceremony in Kuala Perlis on...

unclassifiedchina · asia · australia
34d06/01war-conflict · 3/5

Powell uses JFK award speech to defend Fed from political pressure

Former US Federal Reserve chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honouring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library, Powell called universities, courts, Congress and the central bank “the foundation and the embodiment of our democracy” and argued that the Fed’s independence was a “priceless asset” that must be...

unclassifiedchina · asia · usa
34d06/01

used to dread rebalancing day, now it runs overnight

About $47k taxable (6 stocks, 2 ETFs), 401k with target date fund, Roth at 80/20 VTI/VXUS. Rebalancing used to take a full afternoon every quarter because of the tax lots in taxable. Few weeks back I set up a small job on a cloud machine. Pulls holdings, runs drift calcs, spits out trades with estimated tax impact. Runs overnight. The thing that got me: it sorts every lot by holding period and builds the sell list clearing long term gains first. Flagged one lot that was 3 days from crossing one

Socialunclassifiedusa
34d06/01

Hong Kong-born scientist King Li named founding dean of third medical school

A Hong Kong-born biomedical imaging expert and founding dean of a US institution has been appointed to head the city’s third medical school. In a statement released by the University of Science and Technology on Monday, physician-scientist King Li King-chuen, dean emeritus of Carle Illinois College of Medicine, said he would draw on his experience to work closely with partners in the city and the Greater Bay Area to nurture a new generation of physician-innovators. “I am deeply honoured to be...

unclassifiedchina · asia
34d06/01war-conflict · 3/5

Oil Prices Rise as Israel Expands Lebanon Offensive

Oil prices climbed in early Asian trading on Monday as Israeli troops moved further into Lebanon over the weekend, adding fuel to fears that the broader Middle East conflict is moving toward escalation rather than a peace deal. At the time of writing, West Texas Intermediate crude was up 2.88% at $89.88 per barrel, while Brent crude had risen 2.43% to trade at $93.33 per barrel. The latest escalation in the regional conflict came after Israeli troops crossed the Litani River, having declared all

unclassifiedmiddle-east · russia · usa
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