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BusinessIn 2023, China’s mutual funds are closing at the fastest rate in eight years, with about 256 funds liquidated and 46 more potentially closing by year-end. Weak returns and investor redemptions have left many funds too small to survive. This surge follows industry reforms and a 2023 rule requiring closure of funds with assets below a threshold after three years.
Mint Markets·
WorldDuring a livestream at a Vietnam 7-Eleven, streamer JohnWhatsGoingOn recorded an Indian man without his consent. The man expressed discomfort, but John continued filming, leading to a confrontation. The man slapped the streamer, who captured the incident on camera. This event sparked an online debate about consent in public filming.
TOI World·
WorldFour years after Europe sought to replace 40% of its gas imports cut off by the Ukraine war, Qatar, once the world's largest LNG producer, has declared force majeure following the closure of the Strait of Hormuz by Iran. Qatar has shipped 536 fewer cargoes than last year, causing a 39 million tonne shortfall, about 9% of global supply. LNG prices in Asia have surged 140% since before the war, reaching around $25 per mmBtu.
HT World·
EntertainmentMalena Tudi is preparing to return to Twitch to address misleading claims about her divorce from Nick 'Nmplol' Polom. She emphasized the importance of correcting false information that has affected her personal life and reputation. Tudi plans to handle the situation carefully to prevent further negative consequences.
TOI World·
SportsRudrankksh Patil, the Indian shooting sensation who won three medals at the 2026 Asian Games in Japan, said his next target is the nationals as he aims to qualify for the 2028 Los Angeles Olympics. The 22-year-old won bronze in the men's 10m Air Rifle Individual and silver in two team events. He emphasized the need for better domestic manufacturing of weapons and ammunition to boost shooting sports in India.
Hindustan Times··Mumbai
WorldCastells are traditional human towers from Catalonia, Spain, built by teams standing on each other's shoulders to form multi-level structures. This centuries-old practice symbolizes teamwork, community spirit, and Catalan identity. Similar to India's Dahi Handi, both traditions require balance, coordination, and trust to complete the tower. The word 'castell' means 'castle' in Catalan.
News18 World·
Mint Markets·
In 2023, China’s mutual funds are closing at the fastest rate in eight years, with about 256 funds liquidated and 46 more potentially closing by year-end. Weak returns and investor redemptions have left many funds too small to survive. This surge follows industry reforms and a 2023 rule requiring closure of funds with assets below a threshold after three years.
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