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- NewsAFP News
Shanghai lifts home-buying curbs to boost property sector
Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the economy.This month, Beijing cut the minimum down payment rate for first-time homebuyers to its lowest level in history and suggested the government could buy up unused commercial real estate.
1-min read - NewsAFP News
'Unlikely' to be more survivors from Papua New Guinea landslide
It is "very unlikely" more survivors of Papua New Guinea's deadly landslide will be found, a UN agency warned Tuesday, as thousands at risk from further slips were ordered to evacuate.Papua New Guinea has one of the wettest climates in the world, and research has found shifting rainfall patterns linked to climate change could exacerbate the risk of landslides.
4-min read - NewsAFP News
After Raisi funeral, Iran's focus turns to vote for successor
After Iran mourned president Ebrahim Raisi, who died in a recent helicopter crash, the nation's focus turns to an election next month for his successor, with the conservative camp seeking a loyalist to supreme leader Ayatollah Ali Khamenei.Ultraconservative Raisi, who had more than a year left of his first term, died on May 19 alongside his foreign minister Hossein Amir-Abdollahian and six others when their helicopter crashed into a fog-shrouded mountainside.
4-min read - NewsAFP News
Security Council set to meet over deadly Rafah strike
The UN Security Council was set to convene an emergency meeting Tuesday over an Israeli strike that killed dozens in a displaced persons camp in Rafah, as three European countries were slated to formally recognise a Palestinian state.The outcry over the strike came as Spain, Ireland and Norway were set to formally recognise a Palestinian state on Tuesday in a decision slammed by Israel as a "reward" for Hamas.
5-min read - BusinessAFP News
Asian markets diverge, dollar weakens ahead of US inflation data
Asian markets were mixed Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.The main focus on trading floors, however, is Friday's release of the US personal consumption expenditures (PCE) index -- the Federal Reserve's preferred gauge of inflation, which is forecast to have seen a slight slowdown in April from the previous month.
3-min read - NewsAFP News
For deaf children in Pakistan, school is life
At a school for the deaf in Pakistan, the faces of students are animated, their smiles mischievous, as their hands twirl in tandem with their sign language teacher."Teachers in the government school didn't know any sign language.
4-min read - NewsReuters
South Korea plans to detail tax incentives, chip industry support
South Korea's finance minister said authorities would put forward detailed tax incentives under corporate reforms aimed at boosting the value of listed companies after seeking more feedback from market participants in coming months. Minister Choi Sang-mok also pledged in a media pool report released on Tuesday that the government would continue efforts to support the country's crucial chip industry. Choi told reporters authorities will seek to balance fairness and effectiveness as they prepare
2-min read
