Chinese authorities are considering a package of measures to stabilize the slumping stock market, according to people familiar with the matter, after earlier attempts to restore investor confidence fell short and prompted Premier Li Qiang to call for “forceful” steps. Policymakers are seeking to mobilize about 2 trillion yuan ($278 billion), mainly from the offshore accounts of Chinese state-owned enterprises, as part of a stabilization fund to buy shares onshore through the Hong Kong exchange link, said the people, asking not to be identified discussing a private matter. They have also earmarked at least 300 billion yuan of local funds to invest in onshore shares through China Securities Finance Corp. or Central Huijin Investment Ltd., the people said. ...
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The US and UK have conducted a fresh series of joint air strikes against Houthi targets in Yemen. The Pentagon said Monday's strikes hit eight targets, including an underground storage site and Houthi missile and surveillance capability. The Iran-backed Houthis have been targeting ships they say are linked to Israel and the West that travel through the important Red Sea trade route. The US and UK said they were trying to protect the "free flow of commerce". A joint statement issued by the Pentagon confirmed "an additional round of proportionate and necessary strikes" against the Houthis. The statement added: "Our aim remains to de-escalate tensions and restore stability in the Red Sea, but let us reiterate our warning to Houthi leadership: we will not hesitate to defend liv...
Read MoreTEL AVIV — Hamas militants fired a rocket-propelled grenade at an Israeli military mission preparing to demolish a building, killing 21 reserve soldiers, the Israel Defense Forces said Tuesday, the deadliest incident for Israel in its Gaza offensive. Rear Adm. Daniel Hagari, an Israeli military spokesman, said in a televised statement that the RPG round hit a tank and appears to have set off the Israeli explosives on the two-story building. Three other soldiers were also killed in Monday’s fierce fighting. The IDF has been working to establish a 600-meter-wide buffer zone along the border and destroying buildings there as part of efforts to protect Israeli communities across the border, added Hagari. The current conflict began after Hamas attacked communities in southern Israel, kil...
Read MoreNew blood test that screens for Alzheimer’s may be a step closer to reality, study suggests
Testing a person’s blood for a type of protein called phosphorylated tau, or p-tau, could be used to screen for Alzheimer’s disease with “high accuracy,” even before symptoms begin to show, a new study suggests. The study involved testing blood for a key biomarker of Alzheimer’s called p-tau217, which increases at the same time as other damaging proteins — beta amyloid and tau — build up in the brains of people with the disease. Currently, to identify the buildup of beta amyloid and tau in the brain, patients undergo a brain scan or spinal tap, which often can be inaccessible and costly. But this simple blood test was found to be up to 96% accurate in identifying elevated levels of beta amyloid and up to 97% accurate in identifying tau, according to the study published Monday in the...
Read MoreDOUALA, Jan 22 (Reuters) - The global fight against malaria took a stride forward on Monday as Cameroon started the world's first routine vaccine programme against the mosquito-borne disease, although Reuters journalists witnessed few people in clinics receiving the shot.Around 40 years in the making, the World Health Organization (WHO)-approved RTS,S vaccine developed by British drugmaker GSK is meant to work alongside existing tools such as bed nets to combat malaria, which in Africa kills nearly half a million children under the age of five each year After successful trials, including in Ghana and Kenya, Cameroon is the first country to administer doses through a routine programme that 19 other countries aim to roll out this year, according to global vaccine alliance Gavi.About 6.6 ...
Read More“It’s What’s Inside,” a horror movie that premiered at the 2024 Sundance Film Festival, has sold to Netflix for $17 million. The film isn’t playing in theaters and will land directly on the streamer at a yet-to-be-determined date. First-time filmmaker Greg Jardin directed “It’s What’s Inside,” which is set at a pre-wedding party that descends into an existential nightmare when an estranged friend shows up with a mysterious suitcase. The cast includes Brittany O’Grady, James Morosini, Alycia Debnam-Carey, Devon Terrell, Gavin Leatherwood, Reina Hardesty, Nina Bloomgarden and David Thompson. “On behalf of the cast, crew, and entire production team, we are absolutely thrilled that ‘It’s What’s Inside’ landed at Netflix,” said producer William Rosenfeld of Such, which financed and ov...
Read MoreLife finds a way — and so does the Jurassic Park franchise. Universal Pictures is developing a new Jurassic World movie written by David Koepp, who penned the original Jurassic Park and its sequel The Lost World, EW has confirmed. Steven Spielberg will serve as executive producer on the film, which will feature an all-new storyline separate from that of the sequel trilogy starring Chris Pratt and Bryce Dallas Howard. The movie would mark the seventh overall in the Jurassic series. The Hollywood Reporter broke the news. The most recent entry in the dino franchise was 2022's Jurassic World Dominion, for which Pratt and Howard were joined by Jurassic Park veterans Laura Dern, Jeff Goldblum, and Sam Neill. The film was directed by Colin Trevorrow, from a script by he wrote with Emily...
Read MoreScott Stuber, who pushed Netflix to expand into blockbuster movie territory, is stepping down from the streaming service’s top film job to form his own media company. Stuber will remain with the streamer until March, at which point Netflix CCO Bela Bajaria will temporarily assume his role while she searches for a replacement. Bloomberg first reported the news. Under Stuber’s direction, Netflix’s feature business aggressively entered the blockbuster space, courting filmmakers such as Zack Snyder, the Russo brothers, Michael Bay and Rawson Marshall Thurber. The era began with the Will Smith starrer Bright, the 2017 film that had a reported budget of $90 million, a hefty number that turned heads at the time but would soon look quaint compared to what was to come. ...
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