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On September 22, a survey report released on the 21st by the Chicago Council on Global Affairs showed that 57% of Americans believe the United States should engage in friendly cooperation and contact with China, continuing the trend of Americans gradually shifting towards support for engagement with China since 2024. The report stated that the councils 2025 survey showed a clear trend of Democrats supporting engagement with China, and the latest survey found that Republicans are also beginning to shift in the same direction. The proportion of Republicans supporting friendly cooperation and engagement with China has increased by 10 percentage points compared to 2025, reaching the highest level since 2019.On September 22, the Supreme Peoples Court and the Supreme Peoples Procuratorate jointly released a batch of typical cases of punishing online food safety crimes according to law. Through explaining the law through these cases, they aim to purify the online food market environment and effectively protect the legitimate rights and interests of the people. In April of this year, the State Administration for Market Regulation imposed administrative penalties on seven e-commerce platforms involved in a series of "ghost delivery" cases and launched a special campaign to rectify false advertising in online food sales. Peoples courts and procuratorates at all levels have intensified their efforts to punish online food safety crimes according to law, providing strong judicial guarantees for further regulating online food business activities and purifying the online market environment. In the five typical criminal cases released this time, judicial organs have collaborated with market supervision departments to conduct investigations and rectifications, strengthening the main responsibility of platform operators, extending from individual case punishment to industry governance, and achieving the effect of "handling one case and governing an entire area."On September 22, to prevent the risk of medemidin and tartaric acid being diverted and used in drug manufacturing, the National Narcotics Control Commission Office publicly issued a "Warning Notice on Preventing Medemidin and Tartaric Acid from Flowing into Illegal Channels for Drug Manufacturing." The notice clarifies the CAS numbers and customs commodity codes for medemidin and tartaric acid, reminding relevant enterprises and individuals to strictly adhere to the requirements of the warning notices issued by the National Narcotics Control Commission Office in August 2019, November 2023, and November 2025 when engaging in the business of these chemicals, strengthening their legal awareness, and complying with domestic and international laws and regulations when conducting related business and export trade activities.September 22 - According to the National Immigration Administration, the average daily number of inbound and outbound passengers during the Mid-Autumn Festival holiday this year is expected to reach 2.25 million, and the average daily number during the National Day holiday is expected to reach 2.15 million. The peak inbound and outbound passenger flow will be concentrated on September 25, September 27, October 1 and October 4, with the highest single-day throughput expected to exceed 2.4 million.Japanese Foreign Minister Toshimitsu Motegi: I held talks with Pakistani Deputy Prime Minister and Foreign Minister Dar, who plays an important role in the situation in Iran. We had previously discussed this matter several times by telephone, but this was our first face-to-face meeting, taking advantage of the UN General Assembly.

The Australian Authority Suspends Orders For Two Permanent Investment Funds

Charlie Brooks

Nov 25, 2022 14:27

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Friday, the Australian securities regulator ordered a unit of asset management firm Perpetual Ltd to temporarily halt promoting or delivering two products to individual investors due to elevated market risks.


Perpetual is aiming to conclude a deal with EQT-owned Barings Private Equity Asia (BPEA) and Regal Partners, while being compelled by the court to launch its own takeover proposal for rival Pendal Group.


The Australian Securities & Investments Commission (ASIC) has ordered Perpetual Investment Management's Perpetual Pure Microcap Fund and Perpetual Geared Australian Share Fund to halt distributing interest and giving advice to retail investors for 21 days.


According to the regulator, the portfolios of the funds are exposed to extreme market volatility and carry substantial risks, increasing the potential that investors would sustain enormous losses.


"ASIC issued the interim measures to protect retail investors from engaging in funds that may not be appropriate for their financial objectives, circumstances, or needs," the regulator noted.


"The Australian Securities and Investments Commission is concerned that Perpetual did not appropriately consider these features and risks when choosing the wide target markets for the products."


The government expects Perpetual to take "immediate measures" to ensure compliance.


Reuters requested a response from Perpetual but did not receive a prompt reply.