IJR News — today's news from every side

IJR News — today's news from every side

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South China Sea Reported Chinese Military Buildup Expands — Aug 23, 2026Satellite imagery reviewed by Reuters shows China is expanding its military infrastructure in the Paracels, with new installations on Yagong Island near Antelope Reef suggesting the early stages of a large base and possible radar/early-warning facilities. Separately, imagery indicates China is advancing a new Type 004 aircraft carrier at Dalian and an even larger artificial island in the South China Sea equipped for a runway, hangars, docks and defense systems.

Ex-BofA banker charged in $18.5M insider trading — Aug 21, 2026The Securities and Exchange Commission has charged former Bank of America bankers Jason Satsky and Gavin Wolfe with insider trading tied to South Jersey Industries’ $8.1 billion takeover announced in February 2022, with Wolfe alleged to have earned about $18.5 million from trading about 2.2 million shares. The SDNY case, docket 1:26-cv-07132, details prior communications and social meetings around the deal, lists multiple relief defendants, and notes Satsky’s termination by Bank of America in 2025 as the investigation continues; both defendants deny the allegations.