Republic News

New York Community Bancorp (NYCB) made headlines on Wednesday as its stock experienced a dramatic plunge of 42% before staging a rebound following the announcement of a $1 billion capital raise. 

China and the Maldives have signed an agreement paving the way for greater Chinese military assistance to Male. While the details of the agreement are remain unclear, The agreement, details of which are still unclear, follow a string of decisions in recent months by president Mohamed Muizzu’s government to reduce his country’s reliance on India. Mint takes a look.

training from China's military under a newly inked agreement with Beijing, President Mohamed Muizzu has said, underlining that it would further strengthen the Indian Ocean island nation's independence and autonomy. Muizzu also met Major General Zhang Baoqun, Deputy Director of the Office for International Military Cooperation of China, and President of the Export-Import Bank of China, Ren Shengjun separately. Earlier on Monday, the Maldives Ministry of Defence announced that a military assistance agreement has been signed by Defence Minister Mohamed Ghassan Maumoon and Major General Zhang. However, it did not reveal any additional details. This is the first time Maldives has signed a deal with China for military cooperation of this level. Previously, China had been exclusively known for its assistance towards urban and economic development of the Maldives, news portal Sun.mv said.

After a slightly down year in 2023 for deal-making in the registered investment advisor market, the first two months of this year saw a 20 percent increase in transactions when compared to the same time a year earlier, according to DeVoe & Co., a consulting and investment banking firm for RIAs.

STOCKHOLM (Reuters) — Alecta's chairperson Carina Akerstrom has resigned only a week after she started in the position, the Swedish pension fund said on Sunday, adding it had reinstated its former interim chair.

Taiwan's foreign ministry strongly criticized China's response to an interview featuring Taiwan's Foreign Minister Joseph Wu with an Indian media outlet, asserting that “we are not puppets of the People's Republic of China." Earlier on Saturday, the Chinese embassy in India expressed concern regarding an Indian media channel's interview with Taiwan Foreign Minister Joseph Wu, accusing it of allowing him to promote ‘Taiwan independence.’ The Chinese embassy issued a statement condemning certain Indian TV channels for airing an interview with Taiwan's Foreign Minister Joseph Wu on February 29, 2024. The embassy criticized the interview, and said, “Taiwan's foreign affairs office Joseph Wu, which provided a platform for him to advocate 'Taiwan independence' and disseminate false information.

A shop in Iran’s capital has been offering consumers in the Islamic Republic one of the hottest products in the country — an iPhone that came out in 2021

Officials in Moldova’s Russia-backed breakaway region of Transnistria have appealed to Moscow for protection as tensions escalate with the pro-Western government

Dilwale Dulhania Le Jayenge, Jab We Met, Mohabbatein and others have been re-released over the past few weeks, as have southern language hits from the 1990s and 2000s. While ticket prices are kept nominal to ensure footfalls, trade experts point to the tactic to keep things going at a time when returns from new titles have hit rock bottom.

The African nation of Congo has become the latest exporter of liquified natural gas as it launched production of the first cargo load a year after the Italian energy company ENI launched the Congo LNG project with local partners

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family sold $150 million worth of the bank’s stock, following through on last year’s announcement that he would begin selling shares for the first time since taking the helm 18 years ago. Dimon and his family sold about 822,000 shares in a series of transactions on Thursday, according to a US Securities and Exchange Commission (SEC) filing.

JPMorgan Chase CEO Jamie Dimon has sold about $150 million of his shares in the bank, a SEC filing showed on Thursday, marking the first time the head of the largest U.S. lender has sold shares since taking charge in 2005. The bank has a market capitalization of more than $527 billion, according to LSEG data.

China aims to «contain» foreign interference over Taiwan and «resolutely combat» any efforts towards the island's formal independence this year, which is the sensitive 75th anniversary of the founding of communist China, state media said on Friday. China views democratically ruled Taiwan as its own territory, ignoring the objections of the government in Taipei, and has ramped up political and military pressure to assert those claims. Taiwan last month elected current Vice President Lai Ching-te as its next president, a man Beijing has called a dangerous separatist. Lai, who takes office in May, has repeatedly offered talks with China but has been rebuffed.

The former wealth head of First Republic Bank, one of the casualties of last year’s regional banking crisis, has entered into a partnership with Boston-based private equity firm Summit Partners as he seeks to launch a new RIA.

The Central Bank of the Republic of Türkiye (CBRT) has completed the phase 1 of its digital Turkish lira. It is now planning to move on to advanced phases to carry out “more widespread pilot tests.”

Congress MP from Thiruvananthapuram. The accolade was announced in August 2022 but awarded on February 20. France recognised Tharoor for his efforts to strengthen the bond between India and France, his dedication to global peace and his friendship with France, as per a statement issued by the French Embassy.

Estonia’s domestic security agency says it has detained 10 people on suspicion of sabotage, spreading fear and creating tension as part of a coordinated “hybrid operation” by Russia’s special services

France's highest civilian honour «Chevalier de la Legion d'honneur» at a ceremony on Tuesday. Author of several books and the Congress MP from Thiruvananthapuram, Tharoor was conferred the prestigious award at the French Embassy by French Senate President Gerard Larcher. The French government had announced the award for Tharoor, a former Union minister, in August 2022 but was conferred on him on Tuesday. «The highest French civilian award came in recognition of Dr Tharoor's tireless efforts to deepen Indo-French ties, commitment to international peace and cooperation, and as a long-standing friend of France,» a statement issued by the French Embassy said. Conferring the honour on Tharoor, Chairman of the French Senate Larcher said, «Through his outstanding career as a diplomat, author and politician, Shashi Tharoor has embraced the world with a thirst for knowledge and an intelligence that has led him to live several lifetimes in one, and all of them in service to India and a better world.»

Arunachal Pradesh keep prospering for years to come," he said. Arunachal Pradesh attained full statehood on February 20, 1987, with the Fifty-Third Amendment of the Indian Constitution, 1986, becoming the 25th state of the Indian Union. Since then, February 20 has been celebrated as Statehood Day of the Himalayan state.

George Washington was uneasy about the idea of commemorating his life

UAE temple opening LIVE updates: Prime Minister Narendra Modi will inaugurate the BAPS Swaminarayan Mandir on Wednesday in Abu Dhabi. BAPS represents a socio-spiritual Hindu faith rooted in the Vedas, pioneered by Bhagwan Swaminarayan in the late 18th century and formally established in 1907 by Shastriji Maharaj.The proposal of the Hindu temple in Abu Dhabi came during the first visit of PM Modi to the UAE in 2015 after which the government allocated land for the BAPS temple.