(Bloomberg) — With China’s deflation at its worst in 15 years, a volatile stock market and bank interest rates too low for her liking, 18-year-old Tina Hong is placing her financial security in gold beans. Most Read from Bloomberg Weighing as little as one gram, the beans — and other forms of gold jewelry — are increasingly viewed as the safest investment bet for young Chinese in an era of economic uncertainty. It’s part of a larger consumer trend for all things gold — from bullion… Source link
Read More »Yahoo and Fortnite exit China as tech crackdown bites
by Jing Xuan Teng US internet services company Yahoo said on Tuesday it has pulled out of mainland China, becoming the latest tech firm to withdraw as a crackdown by Beijing on the industry gathers pace. The move comes just days after American gaming giant Epic said it will shut its popular game “Fortnite” following the imposition of strict curbs on the world’s biggest gaming market. Yahoo. Photo: Pixabay. Beijing has embarked on a wide-ranging regulatory clampdown on a… Source link
Read More »Shark leaps out of water and bites parasailer in bizarre attack
A tandem parasailer hovering just above the water surface of the Red Sea sustained injuries when a shark leaped out of the water and bit his foot in a bizarre attack in the Gulf of Aqaba. The incident occurred last Friday off the Jordanian port city of Aqaba, as reported by the Daily Mail and The U.S. Sun. The 37-year-old Jordan man, who wasn’t identified, was taken to Prince Hashem Military Hospital where he underwent an operation on his right foot. He lost part of the back of his foot and… Source link
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