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The Bank of Jiujiang, located in a quaint southern Chinese river town, shocked investors on March 19th with the announcement of a potential 30% decrease in profits for the year 2023. This revelation was a rare move for Chinese banks, who typically shy away from disclosing such negative news. In fact, most banks in China go to great lengths to hide their poor loan performances from public view. The usual tactic employed by Chinese banks involves lending money to asset-management companies (AMCs) in exchange for the purchase of their toxic loans. These arrangements often contain clauses that allow the AMCs…

Two Team GB athletes, Kate Shortman and Izzy Thorpe, recently made an unconventional splash to mark their Olympic selection. The 23-year-old artistic swimmers took to the tropical reef tank at the Sea Life London Aquarium, a setting that couldn’t be further from the usual pool or open water training grounds. Shortman and Thorpe, who are aiming to secure Team GB’s first Olympic medal in the sport at Paris 2024, found themselves swimming alongside a variety of marine species, including batfish and unicorn fish. During their unique aquatic adventure, the duo struck up a friendship with some of the aquarium’s residents,…

A stunning property has recently been listed in Tennessee, catching the attention of social media users across the internet. Located at 1824 Stryker Place in Brentwood, Tennessee, this expansive home offers approximately 11,500 square feet of living space and is currently on the market for $5.95 million. Susanne Flynn, a real estate broker and the listing agent for this exceptional property, shared with Fox News Digital that this particular home is truly one-of-a-kind in many ways. What sets this home apart is not only its impressive size but also the unique features it offers. Built in 2015 by a former…

In a recent meeting, former President Donald Trump and Virginia GOP Governor Glenn Youngkin discussed the possibility of the state shifting back into the battleground category, potentially favoring Trump’s candidacy. The Republican National Committee and GOP strategists have expressed optimism about recent poll results showing a tightening race in Virginia, attributing it to the state’s Republican governor and narrow Democratic control of the state legislature. RNC chair Michael Whatley highlighted the momentum on the ground in Virginia, while Republican strategist Zack Roday pointed to recent elections in the state as proof of its battleground status. Governor Youngkin’s PAC has been…

In breaking news, Scooter Braun, a well-known recording artist manager who has worked with stars like Justin Bieber and Ariana Grande, has announced his retirement from music management. Instead, Braun will focus on being the CEO of HYBE America, a company he sold his own Ithaca Holdings to in 2021. This news was shared in a statement posted on social media on Monday. Braun reflected on his career in the music industry, stating, “I have been blessed to have had a ‘Forrest Gump’-like life while witnessing and taking part in the journeys of some of the most extraordinarily talented people…

“Tesla shareholders overwhelming vote in favor of Elon Musk’s massive pay package as legal questions loom” During Thursday’s shareholder meeting, Tesla shareholders confirmed their support for Elon Musk receiving a record pay package for his leadership at Tesla over the past six years. The proposed pay package consists of 303 million stock options valued at over $47 billion based on Tesla’s current share price. The pay package, which was initially rejected by a judge in Delaware due to concerns over the fairness of the process, now faces uncertainty as to whether Musk will be able to receive the options. Legal…

Last year, the President of China, Xi Jinping, embarked on a visit to Heilongjiang in the country’s north-east region. This province, which is part of the industrial rustbelt, serves as a microcosm of the challenges facing China’s economy. Among these challenges are a low birth rate, declining house prices in its largest city, and dismal economic growth. In 2023, Heilongjiang’s GDP only managed to grow by a meager 2.6%, with its nominal GDP showing virtually no growth, indicating a potential deflationary spiral. However, all hope is not lost as Xi Jinping unveiled his plan during his visit to the province.…

A Maine woman, Jamie Acord, had a frightening experience while walking along the water’s edge at Popham Beach State Park in Phippsburg, New England. Fortunately, she was accompanied by her husband, Patrick Acord, who witnessed the incident. Jamie suddenly found herself sinking into the sand up to her hips, a situation they later discovered was due to quicksand. According to Patrick Acord, he and his wife were walking side by side collecting trash on the beach when Jamie dropped about 2.5 feet into the quicksand. Despite the initial shock, Patrick was able to quickly pull her out of the sand…

In a recent interview on “State of the Union,” Democratic Sen. Chris Murphy expressed concern over the Supreme Court’s decision to strike down a federal ban on bump stocks. He warned that the Court’s actions suggest a readiness to overhaul the Second Amendment, making it difficult for Congress to regulate guns and ensure the safety of communities and schools. The overturning of the bump stock ban is the latest in a series of pro-gun rulings from the conservative-leaning bench. Former President Donald Trump had implemented the ban following a tragic mass shooting in Las Vegas in 2017, but a Texas…

Country music legend George Strait broke records over the weekend with his performance at Kyle Field in College Station, Texas, setting a new record for the largest US ticketed show in history. The crowd topped at 110,905 people, surpassing the previous record set by the Grateful Dead in 1977. According to Billboard, Strait expressed his gratitude to the crowd, saying, “We got some Aggie’s out there? Oh yeah! I’m ashamed to say this, but this is my first time to ever be in Kyle Field… damn. Just invite me back, I’ll come!” With expected record attendance for the show, fans…