Burmese military raided downtown town, killing at least 25 people | Military News
Villagers said on Sunday that the Burmese armed forces clashed with opponents of the opposition army in a town in the center of the Southeast Asian country, killing at least 25 people as people increasingly took up arms to oppose the seizure of power in a six-month coup. Generals. before.
A military spokesperson did not respond to a call from Reuters, requesting comment on the violence in De Pain, Sagaing District, about 300 kilometers (200 miles) north of the capital Naypyidaw on Friday.
The state-run Myanmar Global Shin Kong newspaper said that “armed terrorists” ambushed security forces patrolling there, killing one person and injuring six others. It said the attackers retreated after the security forces retaliated.
Shin Kong Life, one of Taiwan s biggest life insurers, is expected to post a gain of CNY428m ($66.3m) on the disposal of its remaining 25% stake in a loss-making life joint venture in mainland China.
The gain is expected to be booked by the Taiwanese insurer in its financial statements for this year.
Shin Kong Financial Holdings, the parent company of Shin Kong Life, disclosed the news on 29 June.
The board of directors of Shin Kong Life approved the sale of its 312.5m shares (25% equity) in Bejing-based Dingcheng Life.
The deal amounts to CNY462.5m, with the sale price being CNY1.48 per share. The buyer is the Wuxi-headquartered conglomerate Hodo Group. The sale is pending the approval of the CBIRC for it to be completed.
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Almost all local financial conglomerates reported a monthly drop in net profit last month, as their investment and wealth management businesses were affected by a COVID-19 outbreak in the home market.
Except for SinoPac Financial Holdings Co (永豐金控), whose net profit rose 4 percent sequentially to NT$1.25 billion (US$45.24 million) last month, the 14 other local financial conglomerates said their net profit declined by a high single-digit or double-digit percentage from April.
Cathay Financial Holding Co’s (國泰金控) net profit was halved to NT$7.23 billion last month from NT$14.3 billion in April, as its flagship firm, Cathay Life Insurance Co (國泰人壽), reported a