
MoRAC acknowledges contributors to adding Myanmar’s Thingyan Festival to UNESCO listEx-B.C. stock promoter Avtar Dhillon sentenced to prison for fraud in U.S.A second young person is on the run from the government's trial boot camp, after one vanished while at the funeral of another participant , Oranga Tamariki senior executives have told a parliamentary committee. On Thursday it was reported that one of the young men taking part in the boot camp pilot was on the run after attending the funeral of another who had died. Those taking part in the pilot were released from the youth justice facility in Palmerston North in October, and have been in the community phase of the boot camp programme. Oranga Tamariki deputy chief executive of youth justice services and residential care Tusha Penny told a parliamentary select committee on Friday morning that two participants were actually on the run. One escaped from the tangi and another a day later, she said. Penny acknowledged the death of one of the boot camp's participants and their whānau. Speaking to MPs, Penny said the whānau of the teenager who has died was dealing with having to bury a son and brother, and that needed to be acknowledged first and foremost. "We sat here probably a year ago now and said transition is going to be tough, because it's evidenced up the wazoo and everyday people are fighting. The recidivism rates we have every week going into the youth justice residences are around 60 to 80 percent. "So I want to put that out there, because we need the reality." Penny says she was not going to give up, despite how tough it is, and everyone in the programme has had traumatic experiences. "Right now, two of the remaining nine rangatahi have absconded - one absconded from the tangi and one absconded a day later. "It's been tough, we've had two of the young people arrested on charges already, one of those people the charges were withdrawn," she said. "Do I think there will be further offending? Absolutely. "We also though have to look for the good cholestreol, because there's always some good. "We have one of our people in fulltime employment today, I say today because this is dynamic," Penny told MPs. "We have one of our young people on work experience, we have one likely to start work soon, we have six engaged in some education course." National MP Joseph Mooney, who chairs the social services committee, has worked as a youth advocate and criminal lawyer and got emotional talking to Penny about how tough it is to try and change young people's lives. Penny said the boot camps have been "incredibly politicised" but the programme was making change despite the whole thing not always "being successful". "I'm not saying this is the panacea, I'm not saying it's the answer, but I'm definitely saying what we're seeing could be an improvement for youth justice across the board with an operating model." Oranga Tamariki and Waikato police both confirmed the 15-year-old, who was granted bail on compassionate grounds to attend the funeral by the Youth Court, had absconded. Waikato police said he was wanted for arrest. Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.GUANGZHOU, China, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), dated November 21, 2024, indicating that for the last 35 consecutive business days, the closing bid price for the Company’s American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rules 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until May 20, 2025, to regain compliance under the Nasdaq Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company’s ADSs is US$1.00 per share or higher for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. In the event that the Company does not regain compliance by May 20, 2025, subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180-day compliance period if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards, with the exception of the minimum bid price requirement. In this case, the Company will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. The Nasdaq notification letter will have no effect on the Company’s business operations, and the Company will take all reasonable measures to regain compliance. About HPH Founded in 2010 and formerly known as Puyi Inc., we have evolved with a vision to become a leading provider of intelligent technology-driven family and enterprise services. Our mission is to enhance the quality of life for families worldwide by leveraging two primary driving forces: technological intelligence and capital investments. We are dedicated to investing in high-quality enterprises with global potential, focusing on areas such as asset allocation, education and study tours, healthcare and elderly care, and family governance. We currently hold controlling interests in two leading financial service providers in China. The first is AIX Inc., a technology-driven independent financial service platform traded on the Nasdaq. The second is Puyi Fund Distribution Co., Ltd., an independent wealth management service provider. Highest Performances Holdings Inc., formerly known as Puyi Inc., was renamed on March 13, 2024 to reflect its strategic transformation. Forward-looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When HPH uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from HPH’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: HPH’s ability to obtain proceeds from the Agreement; HPH’s goals and strategies; HPH’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets HPH serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by HPH with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in HPH’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. HPH undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Jennings has 3 TDs as No. 13 SMU routs Virginia 33-7 to clinch a spot in the ACC title game
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US and European stock markets wobbled Wednesday as key US inflation data showed an uptick, with traders also weighing US President-elect Donald Trump's tariff threats and a political standoff in France. Wall Street saw red with both the Dow and S&P 500 retreating from records on the eve of the Thanksgiving holiday. The Nasdaq also declined. European stock markets were also mindful of rising concerns Europe could be the next tariffs target for Trump. The Paris stock market ended off 0.7 percent as a French political standoff over a belt-tightening draft budget for 2025 threatens to topple the government. Frankfurt also dipped, while London just finished in the green. In the United States, the personal consumption expenditures (PCE) price index rose 2.3 percent in the 12 months to October, up from 2.1 percent in September, which was broadly in line with forecasts. The figure was also close to the US Federal Reserve's long-term target of two percent, keeping the central bank's inflation fight largely on track. Futures markets currently place the odds at about two-thirds that the Fed will cut interest rates again in December by a quarter of a percentage point. Kathleen Brooks, research director at XTB, said the figure "is a little hot" but "it is not outside the most recent range for monthly increases." "US traders can pack up for the Thanksgiving holiday with little to fear at this stage," she said in a research note. Trump, who has named a tough-negotiating hawk to be his trade envoy when he takes office in January, has announced plans to hit China, Canada and Mexico with hefty tariffs right away. "Investors are growing increasingly concerned that Donald Trump's next tariff target is continental Europe," said Dan Coatsworth, investment analyst at AJ Bell. For Europe, this would create "another potential headwind on top of the existing one in the form of lackluster economic activity," he said. While Trump's victory has been broadly welcomed by the financial markets, there is concern that his widely pledged rise in tariffs could be inflationary. The Republican has announced Jamieson Greer as his trade envoy, saying that Greer -- who served as chief of staff to US Trade Representative Robert Lighthizer during Trump's previous administration -- had played a "key role" in imposing tariffs on China at that time. Bitcoin moved back past $95,000, having hit a record Friday and come within a whisker of the $100,000 mark on hopes that Trump will move to ease restrictions on the crypto market. After another record-breaking lead from earlier, Chinese markets rallied as data showed that China's industrial sector narrowed losses in October. Meanwhile, the price of Arabica coffee hit the highest level since 1977 on concerns of limited supplies caused by drought in Brazil this year. More from this section New York - Dow: DOWN 0.3 percent at 44,722.06 (close) New York - S&P 500: DOWN 0.4 percent at 5,998.74 (close) New York - Nasdaq: DOWN 0.6 percent at 19,060.48 London - FTSE 100: UP 0.2 percent at 8,274.75 (close) Paris - CAC 40: DOWN 0.7 percent at 7,143.03 (close) Frankfurt - DAX: DOWN 0.2 percent at 19,261.70 (close) Tokyo - Nikkei 225: DOWN 0.8 percent at 38,134.97 (close) Hong Kong - Hang Seng Index: UP 2.3 percent at 19,603.13 (close) Shanghai - Composite: UP 1.5 percent at 3,309.78 (close) Euro/dollar: UP at $1.0565 from $1.0489 on Tuesday Pound/dollar: UP at $1.2678 from $1.2569 Dollar/yen: DOWN at 151.17 yen from 153.08 yen Euro/pound: DOWN at 83.33 pence from 83.44 pence Brent North Sea Crude: FLAT at $72.83 per barrel West Texas Intermediate: DOWN 0.1 percent at $68.72 per barrel bur-jmb/stWeb of lies: Why Andre Rebelo killed his ‘happy and healthy’ mother
Video: Car plunges into lake in Bhuvanagiri in Telangana, two rescuedPositive Parenting - Play can be a positive influence on developmentCHARLOTTESVILLE, Va. -- Kevin Jennings threw for a career-high 323 yards and two touchdowns and ran for another, and No. 13 SMU clinched a spot in the Atlantic Coast Conference championship game by routing Virginia 33-7 on Saturday. Isaiah Smith and Jared Harrison-Hunte each had two sacks to help the Mustangs (10-1, 7-0, No. 13 CFP) extend their winning streak to eight. They would earn an automatic bid into the expanded College Football Playoff by beating 11th-ranked Miami or 17th-ranked Clemson in the ACC title game on Dec. 7 in Charlotte, North Carolina. "One of our first goals of the summer is done to make it there, but the job’s not finished at all," Smith said. “Not even close, so we still got a lot more work to do." Jennings led the way to get there, bouncing back from an interception and a fumble to complete 25 of 33 passes to six different receivers, including TD tosses to Jordan Hudson and Matthew Hibner. Brashard Smith provided a little balance on offense, running for 63 yards and his 13th touchdown of the season. "We got an unlimited amount of guys that can make plays," Jennings said. “I feel like just week by week, the game is getting slower for me.” SMU's defense overwhelmed UVa's offensive line, sacking Anthony Colandrea nine times and allowing the Cavaliers (5-6, 3-4) just 173 yards. “Against a guy who’s hard to tackle,” said SMU coach Rhett Lashlee, whose contract extension was announced Friday. “Probably against like me back there, it’s 16 sacks — at least the older me.” Special teams contributed, too, with Roderick Daniels Jr. returning a punt 48 yards and Collin Rogers making two field goals. SMU is reveling in the underdog role after being picked to finish seventh in the ACC in their first season since joining from the American Athletic Conference “We came out, we play good and we just prove people wrong every week,” Daniels said. “As the season start going, they start seeing we were a threat and now they see what’s going on.” UVa's defeat made Notre Dame's opponents 2-7 in their next game after facing the Fighting Irish this season. SMU is responsible for three of those losses. SMU: Given their schedule and the ACC's lack of strength, blowing out a mediocre opponent is not likely to strengthen the Mustangs' at-large case for the playoff. But they can only beat who they play, and this was a dominant performance that showed this team isn't collapsing under pressure. Virginia: Coach Tony Elliott's decision to stick will Colandrea instead of starting Tony Muskett did not pay off, though it would have been difficult for most quarterbacks to get anything done under with so little time to operate. Faint chants of “We want Muskett!” from the senior day announced crowd of 36,305 came early in the fourth quarter — before Collandrea ended a streak of 20 consecutive drives without scoring by finding Malachi Fields in the end zone with 4:16 left. SMU should remain at No. 13 and could even move up if No. 5 Indiana drops significantly following its blowout loss at No. 2 Ohio State. SMU hosts California next Saturday to wrap up its first regular season of ACC play. Virginia visits rival Virginia Tech next Saturday night, needing to win to become bowl eligible. ___ AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25
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