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The Bank of Thailand has received five applications for three virtual bank licences, with two of the bidders set to drop out of the race over the following year. The new virtual banking businesses are scheduled to begin operating in…

BEIRUT, Aug. 23 (Xinhua) — Five Hezbollah members and a child were killed and three civilians wounded on Friday in a series of Israeli airstrikes on southern Lebanon, Lebanese military sources told Xinhua. The sources, who spoke anonymously, said an…