China to strengthen capital market regulation, risk prevention

BEIJIING: China’s State Council released a guideline on strengthening regulation on Friday, forestalling risks and promoting the high-quality development of the capital market.

Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), said in an interview with China Central Television that the newly issued guideline on the capital market is significant as they mark the State Council’s another document steering the sector following the guidelines issued in 2004 and 2014.

“The new guideline first fully embodies the political and people-oriented nature of the capital market. It emphasises the necessity to uphold and strengthen the Party’s comprehensive leadership over the capital market, adhere to the people-centered value orientation, and more effectively protect the legitimate rights and interests of investors, especially medium and small investors. Second, it fully embodies the main line of strong supervision, risk prevention, and promotion of high-quality development. It stresses the adherenc
e to the keynote of stability, strengthening the fundamentals and foundation, rigorous supervision and management, and better services to the overall situation of high-quality economic and social development with high-quality development of the capital market itself,” said Wu.

Wu said that the newly introduced guideline is not evasive from sensitive topics, demonstrating a strong focus on goals and problem-solving.

“Particularly in view of outstanding problems in institutional mechanisms, supervision and law enforcement exposed in the stock market fluctuations since last August, we have shored up weaknesses and shortcomings timely, responded to investors’ concerns, promoted the settlement of deep-seated contradictions accumulated in the market over a long time, and accelerated the construction of a secure, regulated, transparent, open, dynamic and resilient capital market,” said Wu.

Source: Emirates News Agency

3 Journalists injured in Gaza due to Israeli strikes

At the Nuseirat refugee camp in the middle Gaza Strip on Friday, three journalists were hurt when they were targeted by the Israeli occupation forces.

According to Palestinian sources, journalists Sami Barhoum, Ahmed Harb, and Sami Shehadeh were injured by Israeli shelling; Shehadeh’s foot was cut.

Source: Jordan News Agency

United Nations: Water-borne diseases in Gaza are spreading as the temperature rises


Gaza: United Nations Humanitarian Coordinator Jamie McGoldrick said on Friday that waterborne diseases are spreading in Gaza due to a lack of clean water and high temperatures.

He explained to reporters during a video conference from Jerusalem, ‘The weather is getting very hot there… People are getting much less water than they need, and as a result, water-borne diseases have emerged due to the lack of safe and clean water and the breakdown of sewage systems.’

‘We have to find a way in the coming months to provide a better supply of water in areas where people are currently crowded in,’ he said after his recent visit to the Gaza Strip.

Polluted water and poor sewage systems are linked to diseases such as cholera, diarrhea, dysentery, and hepatitis, according to the World Health Organization

Source: Maan News Agency

Interior Minister’s Eid Greetings Conveyed to Inpatients at Security Forces Hospitals


Riyadh: The Director General of General Department of Medical Services at the Ministry of Interior and Riyadh Security Forces Hospital Program, Major General Suleiman bin Abdulrahman Al-Dawood, has visited inpatients at Security Forces Hospital on the occasion of Eid Al-Fitr.

Major General Al-Dawood conveyed the greetings of the Minister of Interior, Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, to the inpatients, expressing his wishes for a speedy recovery for all.

On the other hand, Acting Director of Security Forces Hospital in Dammam Dr. Bishr Addas and Director of Patient Services at Security Forces Hospital in Makkah Mubarak bin Salman Al Majri have visited inpatients at the two hospitals and conveyed to them the greetings of the minister of interior on this occasion.

Biden Affirms US Defense Commitment to Japan, the Philippines

Washington, US President Joe Biden affirmed his country’s commitment to the security of Japan and the Philippines.

During a tripartite summit at the White House with his Philippine counterpart Ferdinand Marcos and Japanese Prime Minister Fumio Kishida, the US President said that the United States’ defense commitments to Japan and to the Philippines are ironclad, adding that “any attack on Philippine aircraft, vessels, or Armed Forces” would invoke mutual defense treaty between Washington and Manila.

The three leaders issued a statement in which they announced the conduct of joint patrols in the Indo-Pacific region during the current year to ensure security and stability.

In February 2023, the US reached an agreement with the Philippines that will enable the US army to access four new military bases in the Philippines. The agreement expanded a previously existing agreement to include four new sites “in strategic areas” in the Philippines.

Source: Qatar News Agency

Inspecting Almoravids’ conditions in Al-Dhale’


The Minister of Agriculture and Irrigation in the caretaker government, Engineer Abdul-Malik Al-Thawr, the Deputy Minister of Industry, Ahmed Al-Shutari, and the Minister of Public Works and Roads, Engineer Muhammad Al-Dhari, inspected the conditions of Almoravids in Battar axis in Al-Hasha District, Al-Dhale’ province.

The visitors, along with the Undersecretary of the Ministry of Industry for the Internal Trade Sector, Muhammad Qatran, the Industry Sector, Ayman Al-Khalqi, the Governor, Sadiq Al-Idrissi, the President of the Yemeni Cement Manufacturing and Marketing Corporation, Yahya Atifa, and the Executive Director of the Yemeni Authority for Standardization, Metrology, and Quality Control, Sam Al-Bashiri, presented the stationers with congratulations on Eid Al-Fitr and symbolic gifts.

The visitors conveyed to Almoravids the congratulations and blessings of the Revolutionary Leadership and the Supreme Political Council on this solemn religious occasion, praising Almoravids’ steadfastness in the aggres
sion forces face and their tools.

They pointed out that this religious occasion comes while the Yemeni people are experiencing victories on various paths and levels, defending land, honor and national sovereignty.

Source: Yemen News Agency