Stories for you
- BusinessReuters
Hong Kong allows China's digital yuan to be used in local shops
Hong Kong will allow mainland China's pilot digital currency to be used in shops in the city, the head of its de facto central bank said on Friday, marking a step forward for Beijing's efforts to internationalise the yuan amid rising geopolitical tensions. The programme, backed by Beijing, will allow mainland Chinese and Hong Kong residents to open digital yuan wallets via a mobile app developed by China's central bank and will permit them to make payments in retail shops and some online stores
2-min read - NewsAFP News
Israel says S.Africa 'genocide' case at UN court 'totally divorced' from facts
Israel lashed out Friday at South Africa's case before the UN's top court, describing it as "totally divorced" from reality, as Pretoria urges judges to order a ceasefire in Gaza.A top lawyer for Israel painted the South Africa case as a "mockery" of the UN Genocide Convention it is accused of breaching.
4-min read - NewsAFP News
China offers to buy up commercial housing to boost property market
China cut the minimum down payment rate for first-time homebuyers on Friday and suggested the government could buy up commercial real estate, in some of Beijing's most ambitious moves yet to lift the ailing housing market out of an unprecedented debt crisis.The moves are some of Beijing's most ambitious yet in seeking to reverse a chronic crisis in the housing market.
4-min read - NewsAFP News
'Balaclavas and big sticks': New Caledonia tourists trapped by riots
Lured by the promise of a Pacific paradise, hundreds of visitors to France's island territory of New Caledonia have found themselves trapped in a land teeming with troops trying to put down riots.She is staying with her father, who lives on the island, and has found herself helping neighbours to defend their street.
3-min read - PoliticsHuffPost
House Democrat Takes Down Trump For Continually 'Lifting Up' Jan. 6 Rioters
Rep. Mikie Sherrill, who was in the Capitol amid the riot, said lawmakers should've come forward to vote that Trump wouldn't "be able to serve again."
2-min read - NewsReuters
Out on bail, firebrand Indian politician poses fresh challenge for Modi
Firebrand Indian politician Arvind Kejriwal has hit the ground running since his surprise release from detention in the midst of a contentious general election, energizing the opposition as it challenges Prime Minister Narendra Modi. The Supreme Court gave 55-year-old Kejriwal, who is also the chief minister of the national capital territory of Delhi, bail in a graft case on May 10 and he wasted no time in getting on the campaign trail. Kejriwal is part of the INDIA alliance led by the Congres
3-min read - BusinessAFP News
Hong Kong, Shanghai stand out in Asia on China property support
Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country's battered property sector, sending real estate firms soaring.Shanghai piled on one percent, having wallowed in negative territory in the morning, while Hong Kong extended a recent advance after the plans were unveiled the plans.
5-min read
