China’s Targeted Stimulus Steps Raise Doubts About Rate Cuts
China is taking targeted steps to help specific sectors of the economy, like property and manufacturing, suggesting broader
2023-06-05 13:56
PwC Identifies List of Partners in Australia Tax Breach
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UBS Plans to Complete Credit Suisse Takeover as Early as June 12
UBS Group AG expects to complete its acquisition of Credit Suisse Group AG as early as June 12,
2023-06-05 13:27
One dead and six hurt in shooting at memorial for man killed in car crash
A 25-year-old woman was killed and six others were left injured in Chicago after shots rang out during a remembrance for the death anniversary of a man who died in a car crash. Bystanders told the Chicago Police Department that the altercation unfolded around 1am on Sunday in the 4800 block of West Iowa Street in Austin. The group was gathered to celebrate the fourth-year anniversary of a man’s death in a traffic accident, ABC News reported. Seven victims were wounded in the shooting. A woman was transported to Mt Sinai Hospital, where she was pronounced dead. The ages of the other victims injured range from 17 to 19. Authorities have said that the person or people who opened fire were present at the memorial. Police began an investigation but did not take anyone into custody as of Sunday evening. “They were out there celebrating and then something happened and a verbal altercation occurred and somebody began shooting, or multiple people began shooting,” deputy chief Adnardo Gutierrez said during a press conference on Sunday. A witness told ABC 7 that she became concerned long before the shooting broke out, noting that the street was too crowded. “It was totally fine. They were just laughing, dancing, talking. Just having a good time. They were just having fun. I just wanted it broke up because there were so many. It was too many. It was at least 100 kids out,” Yvette McCalum said. “You couldn’t get down the block. You couldn’t park anywhere. They were in the alley.” “They had the alley blocked off, and I told them all this on the phone. This could have been avoided.” One eyewitness, Michelle Barnes, told the Chicago Tribune that she had called the police to report what she said was a chaotic crowd at 10pm, 11.05pm and at around 12.30am as well. “I’m frustrated with the police. I’m frustrated with the alderman. I’m frustrated with everybody. Because it’s ridiculous,” she said. “When you call, they don’t come like there’s a problem.” Barnes’ neighbour Larell Steel also said her sister and other residents made repeated calls to the police before the shooting. “Everybody on this block called them to get them kids,” she said. “This could’ve been prevented. This could’ve been prevented if they just came and broken them kids up.” Read More Funeral held for teen shot by gas station owner over false shoplifting claims as community shares outrage Florida police arrest man, search for 2 others in Memorial Day beach shooting Federal court reinstates death penalty order for Missouri inmate convicted of killing jailers
2023-06-05 13:25
US May Impose Higher Capital Requirements on Big Banks, WSJ Says
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2023-06-05 13:24
Odisha train accident: Indian Railways seek police probe into crash
The railway minister announced the decision but did not give more details.
2023-06-05 13:21
Philippine Finance Chief Says Unlikely to Return as BSP Head
Philippine Finance Secretary Benjamin Diokno said he is likely “out” of contention for next central bank chief, adding
2023-06-05 11:23
Key Mexico State Votes in Election Poised to Help AMLO Party
Mexican President Andres Manuel Lopez Obrador’s ruling party is projected to win one of the last bastions of
2023-06-05 11:22
Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut
Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two
2023-06-05 10:52
Turkey Markets Hope Simsek Can Revive Orthodoxy Erdogan Shunned
Turkish investors are betting that the return of former Wall Street banker Mehmet Simsek as economic czar will
2023-06-05 10:48
Redox, Shareholders Seek Up to $280 Million in Australia IPO
Australian chemical distribution firm Redox Pty Ltd. and a group of its shareholders are seeking to raise as
2023-06-05 10:48
Morgan Stanley Sees Shock 16% US Profit Drop Killing Stock Rally
Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally,
2023-06-05 09:51
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