Photo taken on Dec. 25 Women's Jake Fisher Jersey , 2017 shows a view of the scene of an airstrike in Sanaa, capital of Yemen. A family of nine members, including five children, were killed on Monday morning when Saudi-led coalition warplanes hit the family's house five times in Yemen's capital Sanaa, residents and a Xinhua photographer at the scene witnessed. (XinhuaHasan Bamashmous)
SANAA Women's Cedric Ogbuehi Jersey , Dec. 25 (Xinhua) -- A family of nine members, including five children, were killed on Monday morning when Saudi-led coalition warplanes hit the family's house five times in Yemen's capital Sanaa, residents and a Xinhua photographer at the scene witnessed.


"Father, his wife Women's Nick Vigil Jersey , two women (who are sisters to the father), and five little children were killed on the spot after their house was hit by five missiles fired from fighter jets of the Saudi-led coalition," Xinhua photographer reported.


Rescuers and medics said five other people from nearby houses were critically wounded.


Residents said the targeted family's small house is located inside a cemetery near a densely populated neighborhood.


Several houses in the area were badly damaged.


The residents said the father was working as a guard of the cemetery, which contains graves of Egyptian soldiers who were killed in 1962 when they helped Yemenis in their revolution against Imamate regime.


Last week, the Saudi-led coalition airstrikes killed ten women in central Yemen's province of Marib Women's Josh Malone Jersey , according to a provincial security official and medics.


The women were killed as the bus carrying them while returning home from a wedding party was hit by the air attack.


On Dec. 13, the coalition launched seven airstrikes on a prison inside a police camp in Houthis-held capital Sanaa, killing 31 prisoners and wounding 59 others, according to Houthis-controlled state Saba news agency.


The Saudi-led coalition has intervened in the Yemeni conflict since March 2015 to roll back the Houthi rebels and support the internationally recognized President Abd-Rabbu Mansour Hadi, who was forced into exile by the Houthis.


The war has killed over 10 Women's Carl Lawson Jersey ,000 Yemenis, mostly children, and displaced 3 million others, creating one of the world's worst humanitarian crises.




BEIJING, Dec. 28 (Xinhua) -- China will further cut red tape to create a better business environment for foreign banks Women's Jordan Willis Jersey , the country's banking regulator said Thursday.


The China Banking Regulatory Commission (CBRC) will revise rules on administrative licensing for foreign banks to minimize the approval items and unify market entry standards for Chinese and foreign banks, the CBRC said in an online statement.


The CBRC will clarify procedures and application materials for foreign and joint venture banks to invest in domestic banking institutions after a notice issued in March approved such behavior.


In the notice, the CBRC also eased license requirements for foreign and joint-venture banks in services including treasury bond underwriting and financial advising.


Foreign banks will only need to report to authorities after they launch certain services, rather than obtaining approval in advance, according to the revised rules.


The public has until January 27 next year to give suggestions on the revised rules Women's Joe Mixon Jersey , the CBRC said.


China has been gradually opening up its financial sector, with authorities pledging to ease caps on foreign ownership in Chinese banks and financial asset management companies.


The CBRC also said earlier that it would broaden the business scope of foreign banks, including easing restrictions on renminbi retail banking for foreign banks.




China has sentenced a former star hedge-fund manager to more than five years in prison for market manipulation, a court said, after an investigation following a stock market slump in 2015.


Xu Xiang Women's John Ross Jersey , manager of the Shanghai-based private equity fund Zexi Investment, and two other executives were found guilty of market manipulation and fined an unspecified amount, the Qingdao Intermediate People's Court announced on a verified social media account.

Hedge fund manager Xu Xiang was arrested in insider trading probe (file photo)

Xu's was the first insider trading case to be brought to court in the country and involved more than 40 billion yuan ($5.8 billion), respected Chinese financial magazine Caixin reported.


Xu received five and a half years, while associate Wang Wei received three years and Zhu Yong two years with a three-year suspension.


Investigators targeted several investment executives on suspicion of insider trading after a 2015 stock rout that saw the Shanghai stock index tumble nearly 40 percent over a period of little more than two months after peaking in mid-June that year.


A star investor Jessie Bates III Jersey , Xu's company managed four of the top performing Chinese hedge funds during the stock market meltdown, according to Bloomberg News.


Chinese stock exchanges have an unusually high proportion of non-professional investors and have been compared to "casinos", with insider trading and dramatic swings in share prices seemingly unconnected to underlying business prospects.


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