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Zhang Yukun

China Plans to Relax Rules on Foreign Firms Investing in Bad-Debt Managers

What’s new: China is planning to allow overseas nonfinancial firms to make equity investments in domestic financial asset management companies (AMCs) and lower the bar for overseas financial institutions to do so, in a bid to further open up its financial market.

The changes are set out in draft rules released on Friday by the state administration for financial regulation (SAFR), a new watchdog. Financial AMCs are bad-debt managers, such as state-owned China Huarong Asset Management Co. Ltd. and China Galaxy Asset Management Co. Ltd.

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

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Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

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Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Persephone Berger, 16, died after a Missouri deputy struck her on a roadway. Her family says they were initially told it was a hit-and-run.

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How to watch NASCAR at Charlotte II: Weekend schedule, start time, entry list, TV

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Hurricane Isaias is predicted to become a dangerous storm as it approaches the Gulf Coast. Preparations are underway, including evacuations and securing boats in coastal areas. The hurricane could bring severe weather, including high winds and heavy rainfall, affecting multiple states. Oil production is also being impacted significantly due to…

The Economic Times

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

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A Houston doctor faces fraud charges over an alleged $30 million scheme billing a federal COVID program for uninsured patients. What the case alleges.

Okaloosa Mandatory Evacuation Covers Zones A and B as Hurricane Isaias Threatens 5- to 7-Foot Storm Surge

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Okaloosa County ordered Zones A and B to evacuate as Hurricane Isaias nears. Shelter sites, special needs registration, and surge risks are explained.

Florida Drops Moral Exemption From Vaccine Rule but Still Plans to End Four School and Child Care Requirements

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Florida removed a proposed moral vaccine exemption but still plans to end four school shot rules. What parents should know after Thursday's hearing.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Persephone Berger, 16, died after a Missouri deputy struck her on a roadway. Her family says they were initially told it was a hit-and-run.

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How to watch NASCAR at Charlotte II: Weekend schedule, start time, entry list, TV

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International Business Times UK

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How Jim Bakker became the Johnny Carson of Christian TV

When I was researching my 2017 book, “PTL: The Rise and Fall of Jim and Tammy Faye Bakker’s Evangelical Empire,” I interviewed dozens of former staffers and supporters of PTL, the ministry, television and theme park empire that the Bakkers built starting in the 1970s.

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