Asia

'Expect craziness' as China readies debut of Nasdaq-style board

Eight months after President Xi Jinping unveiled plans for Shanghai’s technology innovation board, the first batch of 25 companies - ranging from chip-makers to biotech firms - will debut on the STAR Market.

Modeled after Nasdaq, and complete with a U.S-style IPO system, STAR may be China’s boldest attempt at capital market reforms yet. It is also seen driven by Beijing’s ambition to become technologically self-reliant as a prolonged trade war with Washington catches Chinese tech firms in the cross-fire.

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CBD Shows Promise As Antibiotic Against Resistant Superbugs

Antibiotic resistance is “one of the biggest threats to global health, food security, and development today” says The World Health Organization (WHO). It can affect anyone, of any age, in any country. It is a huge health problem today as a growing number of infections such as pneumonia, tuberculosis, and gonorrhea are becoming increasingly difficult to treat.

Given cannabidiol’s documented anti-inflammatory effects, existing safety data in humans, and potential for varied delivery routes, it is a promising new antibiotic worth further investigation. The combination of inherent antimicrobial activity and potential to reduce damage caused by the inflammatory response to infections is particularly attractive.

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Heavy rain and floods in India's Assam kill at least 10 and displace more than 1 million

Heavy monsoon rains in India's northeast Assam state displaced more than a million people from their homes and flash floods killed at least 10 in the past 72 hours, state authorities said on Saturday, warning the situation could worsen in coming days.

The Brahmaputra river, which flows from the Himalayas into India and then through Bangladesh, has burst its banks, swamping more than 1,800 villages in the state.

"10 people have died in separate incidents of drowning in the past three days and more than one million people (have been) affected, with the flood situation turning grave," a state government flood bulletin said.

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