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Junjie Zhang, a 30-year-old Chinese entrepreneur, has become a billionaire following the successful listing of his tea shop chain, Chagee Holdings Ltd, on Nasdaq, which raised $411 million amid US-China economic tensions. Priced at the top end of expectations, Chagee's shares surged 40% shortly after trading began, elevating Zhang's net worth to $2.6 billion, primarily from his stake in the company. Founded in 2017 in Yunnan, Chagee distinguishes itself from bubble tea brands by offering premium, milk-based teas and aims to revive ancient tea-making methods. With over 6,440 stores, mostly in China, Chagee is positioned for growth in a market projected to reach $58 billion by 2028. However, challenges include backlash in Malaysia over geopolitical issues and a crowded market, leading analysts to suggest that the US IPO may be its best chance for expansion amidst a declining appetite for new tea beverage investments in Hong Kong. 
Published: Apr 18 2025, 12 pmeznews.inCamryn Kinsey, a former official in the Trump administration, fainted during a live segment on Fox News while criticizing President Joe Biden and Vice President Kamala Harris. The incident took place on May 8, as Kinsey became lightheaded while discussing what she termed the incompetency of the Biden administration. Host Jonathan Hunt expressed surprise and quickly called for assistance, prompting crew members to rush to her aid. After a brief commercial break, Hunt updated viewers, stating that Kinsey was receiving medical attention and was doing well. While the cause of her fainting has not been disclosed, Fox News confirmed that she was treated and cleared by paramedics. The incident sparked varied reactions on social media, with some users expressing concern for Kinsey and others criticizing the network for its response during the live broadcast.
Published: May 09 2025, 10 pmeznews.inIndia has voiced strong opposition to the International Monetary Fund's (IMF) proposal to grant Pakistan fresh loans totaling USD 2.3 billion, citing concerns that the funds could be misappropriated to support state-sponsored terrorism. During an IMF meeting, India abstained from voting, highlighting its apprehensions about the efficacy of IMF programs for Pakistan due to its history of misuse and poor governance. The Indian finance ministry stressed that rewarding Pakistan's continued sponsorship of cross-border terrorism sends a harmful message globally and risks damaging the reputations of funding agencies. India's statement pointed to the Pakistan military's significant influence over economic matters, which undermines reform efforts, and referenced a UN report labeling military-linked businesses as the largest conglomerate in the country. This opposition comes amid escalating military tensions following a recent terrorist attack in Kashmir that killed 26 tourists. The IMF acknowledged India's concerns during the discussions.
Published: May 09 2025, 10 pmeznews.inA man tragically lost his life while attempting to rescue a dog at San Francisco's Ocean Beach on Thursday. At approximately 2:08 PM, the man entered the water but collapsed for unknown reasons. Two bystanders, two women, managed to pull him from the surf and called 911. Emergency responders, including the National Park Service, arrived within minutes and administered CPR before he was transported to a local hospital in critical condition. Despite efforts from medical staff, he succumbed to his injuries. Fortunately, the dog he attempted to save was able to swim to safety on its own. The San Francisco Fire Department expressed their sorrow over the incident and reiterated the dangers of entering the water, emphasizing that individuals should call for help instead. Glenn Kircher, a battalion chief, described Ocean Beach as one of California's most perilous beaches due to its strong currents and tidal changes.
Published: May 09 2025, 8 pmeznews.inPakistan's recent military escalation along the Line of Control in Jammu and Kashmir is linked to Turkey, which has supplied 300-400 drones used to target both military and civilian areas in India. These drones conducted multiple airspace violations from Ladakh to Gujarat, prompting the Indian armed forces to down several of them. Forensic analysis suggests the drones are Turkish-made 'Asis Guard Songar' models. Turkey's support for Pakistan extends beyond military aid; it has remained silent on recent terror attacks in India while expressing solidarity with Islamabad. Following a deadly attack in Pahalgam, Turkish President Recep Tayyip Erdogan met with Pakistan's Prime Minister, reaffirming Turkey's backing and allegedly sending military assets to Pakistan. The alliance, characterized by Turkey's provision of advanced military technology, is raising concerns in India, which is closely monitoring the situation amid escalating tensions in the region.
Published: May 09 2025, 9 pmeznews.inPakistan has been accused of exploiting its airspace to launch Turkish-made drones at Indian cities while allowing civilian aircraft to operate, according to a government briefing in New Delhi. The Indian government reported that between 300 to 400 drones targeted civilian buildings, military installations, and religious sites across northern India, using unsuspecting commercial flights as cover. Despite the ongoing tensions, civilian flights continued to be tracked in Pakistani airspace, while no flights were recorded from the Indian side. India's air defence system successfully intercepted many of the drones, although heavy shelling from Pakistan in Jammu and Kashmir resulted in the tragic deaths of two students at a convent school. Foreign Secretary Vikram Misri condemned the attacks on religious sites, describing them as a "new low" for Pakistan, which had deployed several Asisguard Songar drones in the assault.
Published: May 09 2025, 7 pmeznews.inISLAMABAD: In light of rising tensions between India and Pakistan following the recent Pahalgam attack and India's suspension of the Indus Waters Treaty (IWT), former Prime Minister Nawaz Sharif has returned from London to advise his brother, current Prime Minister Shehbaz Sharif, on pursuing a diplomatic resolution. Nawaz Sharif emphasized the need for the PML-N-led coalition government to leverage all available diplomatic channels to restore peace between the two nuclear-armed nations. He expressed a preference for a non-aggressive stance, contrasting with his past experiences, where he faced political upheaval for opposing military actions like the Kargil War. Nawaz has previously acknowledged past failures in maintaining agreements with India, including the 1999 Lahore Declaration, which aimed to enhance bilateral relations but was compromised by subsequent military conflicts. The Sharif family's historical perspective underscores the complexities of Pakistan-India relations amid ongoing security concerns.
Published: May 09 2025, 7 pmeznews.inA 43-year-old man was arrested in Tokyo this week for attempted murder after allegedly attacking a stranger with a knife at Todai-mae Station, near the prestigious University of Tokyo. The suspect reportedly aimed to highlight the dangers of "tough love" parenting, citing his own difficult upbringing under demanding parents fixated on academic success, which he claimed led him to abandon school and struggle as a teenager. He expressed a desire to warn parents about the potential consequences of extreme pressure on their children, stating that such treatment could lead to reckless behavior and criminality. Despite his intentions, the victim was a random choice, as the suspect attacked him simply because he was nearby. While violent crime remains rare in Japan, this incident follows other recent attacks, including a school intrusion and a stabbing on a train, raising concerns about public safety.
Published: May 09 2025, 3 pmeznews.inPrime Minister Narendra Modi extended heartfelt congratulations to Pope Leo XIV on Friday, representing the people of India in a message that emphasized the significance of the new pontiff's leadership. Elected on Thursday, Robert Prevost, a 69-year-old member of the Augustinian order, made history as the first pope from the United States. In his statement shared on social media platform X, Modi highlighted the crucial role of the Catholic Church in promoting ideals of peace, harmony, solidarity, and service during a pivotal moment in history. He reaffirmed India's commitment to ongoing dialogue and collaboration with the Holy See, the central governing body of the Catholic Church and Vatican City State, to advance shared values. This gesture underscores India's dedication to fostering interfaith relations and mutual understanding with the global Catholic community.
Published: May 09 2025, 4 pmeznews.inA 47-year-old man, Haybe Cabdiraxmaan Nur, has been charged with the murder of Gurvinder Singh Johal, who was fatally stabbed at a Lloyds bank in Derby on May 6. Emergency services pronounced Johal, a 37-year-old of Indian origin, dead at the scene. Nur appeared at Southern Derbyshire Magistrates' Court via a Somali interpreter and has been remanded in custody, with the case set to move to Derby Crown Court. Samantha Shallow, deputy chief crown prosecutor, confirmed charges following a review of evidence, extending condolences to Johal's family. A family friend described him as "a smiler" and noted he had recently returned from a trip to India with his family. A second man arrested in connection with the incident has since been released without charge. Superintendent Rebecca Webster expressed sympathy for Johal's family as they cope with their loss.
Published: May 09 2025, 4 pmeznews.inA Pitbull-Boxer mix named Andre was found abandoned in a park in Atlanta in January, accompanied by a heartbreaking letter from his previous owner, who was homeless and unable to care for him. The five-year-old dog was temporarily taken in by a couple but ultimately could not stay with them. Tara Borelli, a nonprofit attorney, came across a Facebook post about Andre, which included the note pinned to his collar that expressed the owner's distress over leaving him. Despite her own dog's health issues, Borelli cared for Andre for several months before making the tough decision to place him in a shelter in April. Fulton County Animal Services, along with local animal advocates, worked to secure Andre a new home. By early May, Andre's gentle demeanor and community support led to a potential adoption, with a family planning to foster him for a month before finalizing the adoption.
Published: May 09 2025, 4 pm
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