China’s central bank kept its main benchmark lending rates unchanged, with the one-year loan prime rate at 3.1% and the five-year LPR at 3.6%. This decision follows a 25-basis-points rate cut by the U.S. Federal Reserve, which indicated fewer future rate cuts. Analysts believe the Fed’s outlook may pressure the yuan, as China aims to boost economic growth with monetary easing measures.
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British woman missing after hiring boat on paradise island
A major search operation is underway for a 39-year-old British woman named Mary Gavin, who disappeared after renting a 15-foot motor boat on Formentera, a Balearic island. Friends reported her missing when she failed to return by 6 PM on Wednesday; search efforts involve coastguard helicopters, police boats, and land teams, but both the woman and the boat remain unaccounted for. Need More Context? 🔎
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