Taiwanese banks have slashed their exposure to China to the lowest level in at least a decade as

Manchester United announced they had accepted a £25million bid from Real Madrid for David Beckham on this day in 2003. Starting in United’s academy, the England captain went on to make 394 appearances for the team, lifting six Premier League titles, two FA Cups and the 1999 Champions League in a hugely successful era for the club. He helped United win the Premier League title in 2003 but his future had been under intense speculation, with plenty of sides interested in signing the midfielder. Initially it looked like Barcelona would be the preferred option, and Beckham had been the central figure in Joan Laporta’s successful campaign to become president of the Catalan club, but the midfielder opted for rivals Real instead. A statement from Manchester United confirmed the move, saying: “Manchester United today reached agreement for the transfer of David Beckham to Real Madrid for a fee of 35million euros (approximately £25m). “The deal is expected to be completed in July, conditional upon approval by the boards of Manchester United and Real Madrid, and on the provision of satisfactory payment guarantees. “David Beckham has agreed personal terms with Real Madrid and expects to sign his new contract with the club on completion.” Beckham spent four seasons at the Bernabeu, where he won the 2006-07 LaLiga title before going on to play for the Los Angeles Galaxy, AC Milan and Paris St Germain. He eventually retired in 2013, calling time on a playing career spanning just over 20 years. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

A man has faced backlash on social media for filming himself confronting his school bully after he saw that he was now homeless. The clip - which shows the man behind the camera approaching the homeless individual who is sitting on some steps - went viral after the Twitter account Crazy Clips posted the video with the caption "man confronts his high school bully". "At high school you was the man homie. What the f*** happened to you?" the man says. "Remember when you used to flex on me at high school? Because I used to wear baggy clothes?" Panning from the homeless man to his car, the man filming the video says: "Now look at you. Now look at me." The homeless man attempts to shake his hand but is rejected. He doesn't say anything, mainly avoiding looking into the camera and smoking. At the end of the video, the man then throws the homeless man's stuff around and shouts in his face "tighten the f*** up man." He also repeatedly calls the homeless man a "d***head". Sign up to our free Indy100 weekly newsletter Whilst the man behind the camera may have felt high and mighty in the moment, viewers on Twitter criticised him for his actions, with many calling him "cruel" and pointing out that he himself has now become the bully. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

The Streamy Awards are celebrating their milestone 15th year

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(Corrects spelling error in headline) WASHINGTON (Reuters) -The U.S. securities regulator will continue to carefully review issuer filings, it said

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