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Israel said its troops had crossed into southern Lebanon in

quote limited localized and targeted raids against Hezbollah an Iran-backed militant group.

The incursion is targeting sites close to the Lebanon-Israel border that pose an immediate threat according to Israel's army.

Israel has launched repeated airstrikes against Lebanon over the past two weeks, killing

hundreds of people, including Hezbollah's leader, Hassan Nasrallah.

China's stock market enjoyed its best day of trading since 2008, with its benchmark CSI 300 surging over 8%,

following nine days of consecutive gains.

Investors were buoyed by the government's announcement of stimulus policies last week.

The measures include cutting interest rates, trimming bank reserve requirements and lowering rates for existing mortgages.

Russia launched an aerial assault on 11 regions in Ukraine.

It was the 33rd consecutive night of aerial attacks, setting a new

monthly record for drone assaults. Ukraine's defense system shot down 67 of the

73 Russian aerial drones and one missile, according to Ukraine's military.

There were no reported casualties.

Germany's annual inflation rate fell to 1.8% in September, according to the preliminary data.

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