A 72-year-old gunman killed himself when approached by police on Sunday, about 12 hours after he had carried out a Lunar New Year massacre at a dance club that left 10 people dead and another 10 wounded. The gunman tried to carry out another shooting at a separate club just …
Read More »Goldman Sachs to cut asset management investments that weighed on earnings
Goldman Sachs Group Inc’s asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank’s earnings, an executive told Reuters. The Wall Street giant plans to divest its positions over the next few years and replace some of those funds on its balance sheet …
Read More »Brazil and Argentina to discuss common currency
Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned. “We intend to overcome the barriers to our exchanges, simplify and modernize the rules and encourage …
Read More »Zelenskiy promises to swiftly confront Ukraine corruption
Ukraine’s President Volodymyr Zelenskiy said on Sunday that corruption, the country’s chronic problem cast into the background by the war against Russia, would not be tolerated and promised forthcoming key decisions on uprooting it this week. Zelenskiy’s pledge came amidst allegations of senior-level corruption, including a report of dubious practices …
Read More »California shooting upends tranquil community: ‘I don’t feel safe’
Since she was a little girl, Li Xia’s dream was to move from China and settle in America. On Saturday night, when she heard the gunfire that killed at least 10 people in her newfound home of Monterey Park, California, that dream was shattered. “In my heart, I always felt …
Read More »US Ambassador sends Tet card to Vietnamese blind children
U.S. Ambassador Marc Knapper and his wife made a Braille card to send greetings and wishes to Vietnamese blind children in celebration of the Lunar New Year. The video, which was published by the U.S. Embassy in Vietnam on its official Facebook page Sunday morning, showed Knapper and his wife …
Read More »Nine killed in mass shooting in Los Angeles area, police say
Nine people were killed in a mass shooting in the city of Monterey Park, California, late on Saturday, the Los Angeles County Sheriff’s Department said. “Los Angeles County Sheriff’s Homicide detectives are responding to assist Monterey Park Police Department with a shooting death investigation. There are nine deceased,” the department …
Read More »Chinese pray for health in Lunar New Year as Covid death toll rises
China rang in the Lunar New Year on Sunday with its people praying for health after three years of stress and financial hardship under the pandemic, as officials reported almost 13,000 new deaths caused by the virus between January 13 and 19. Queues stretched for about one kilometre (a half-mile) …
Read More »German finance minister warns against quick decoupling from China
Germany must reduce its dependence on China gradually as decoupling from the Chinese market would costs jobs in Europe’s biggest economy, Finance Minister Christian Lindner was quoted as saying on Sunday. Germany is working on a new China strategy that takes a more sober view of relations and aims to …
Read More »Japan PM Kishida weighs Ukraine visit to hold talks with Zelenskiy
Japanese Prime Minister Fumio Kishida is considering visiting Kyiv in February and holding talks with Ukraine’s President Volodomyr Zelenskiy, the Yomiuri newspaper said, citing Japanese government sources. As chair of the Group of Seven (G7) leading economies this year, Japan wants to show it intends to keep providing support to …
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