Shein faces investor pressure to slash valuation to US$30 billion, sources say
中国快时尚零售商Shein面临压力，其估值可能需要下调至约300亿美元。此前，该公司的估值曾超过这一数字的三倍。据知情人士透露，此次估值调整是为了帮助Shein在英国的潜在首次公开募股(IPO)顺利进行。
Shein的上市之路并不平坦，其供应链运营和劳工实践受到质疑，同时全球贸易关系和政治紧张局势也带来了不确定性。在赴美上市的目标受挫后，该公司去年将其IPO申请转向伦敦。Shein以其高销量、低成本的时尚产品成为全球最有价值的初创企业之一，其投资者包括IDG资本、阿布扎比主权财富基金Mubadala Investment、老虎环球基金和红杉中国等。
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中国快时尚零售商Shein面临压力，其估值可能需要下调至约300亿美元。此前，该公司的估值曾超过这一数字的三倍。据知情人士透露，此次估值调整是为了帮助Shein在英国的潜在首次公开募股(IPO)顺利进行。
Shein的上市之路并不平坦，其供应链运营和劳工实践受到质疑，同时全球贸易关系和政治紧张局势也带来了不确定性。在赴美上市的目标受挫后，该公司去年将其IPO申请转向伦敦。Shein以其高销量、低成本的时尚产品成为全球最有价值的初创企业之一，其投资者包括IDG资本、阿布扎比主权财富基金Mubadala Investment、老虎环球基金和红杉中国等。
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Chinese cities launch DeepSeek-driven services as local cadres jump on AI bandwagon
Chinese city governments are increasingly integrating DeepSeek, an AI start-up seen as a potential rival to OpenAI, into their online public services. This move signals strong government support and confidence in DeepSeek's capabilities, with officials actively studying the company and its founder.
Several cities in Guangdong province, including Shenzhen, Guangzhou, and Dongguan, have already incorporated DeepSeek's AI models into their online platforms. Guangzhou, for example, is utilizing DeepSeek's R1 and V3 models to enhance policy explanations, manage hotlines, process requests, and streamline internal workflows, ultimately aiming to improve the efficiency of city services.
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Chinese city governments are increasingly integrating DeepSeek, an AI start-up seen as a potential rival to OpenAI, into their online public services. This move signals strong government support and confidence in DeepSeek's capabilities, with officials actively studying the company and its founder.
Several cities in Guangdong province, including Shenzhen, Guangzhou, and Dongguan, have already incorporated DeepSeek's AI models into their online platforms. Guangzhou, for example, is utilizing DeepSeek's R1 and V3 models to enhance policy explanations, manage hotlines, process requests, and streamline internal workflows, ultimately aiming to improve the efficiency of city services.
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Chinese e-scooter brands Ninebot, Niu integrate DeepSeek AI for smarter rides
Leading Chinese electric two-wheeler brands, Ninebot and Niu Technologies, are integrating DeepSeek's artificial intelligence (AI) models to enhance smart-riding capabilities. Ninebot, backed by Xiaomi, announced its "deep integration" of DeepSeek, following a trend among vehicle makers, especially EV companies, to incorporate DeepSeek-powered features. Niu Technologies followed suit, claiming to be the first e-scooter brand to fully integrate DeepSeek's large language models (LLMs) as of February 9.
Ninebot stated that this integration will significantly enhance the intelligence of its products, offering users improved smart interactions and more efficient rides. The company's mobile app already incorporates AI features, with plans to include AI-powered content creation, data analytics, personalized recommendations, and intelligent services. Niu Technologies' move further underscores the growing importance of AI in the electric two-wheeler market.
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Leading Chinese electric two-wheeler brands, Ninebot and Niu Technologies, are integrating DeepSeek's artificial intelligence (AI) models to enhance smart-riding capabilities. Ninebot, backed by Xiaomi, announced its "deep integration" of DeepSeek, following a trend among vehicle makers, especially EV companies, to incorporate DeepSeek-powered features. Niu Technologies followed suit, claiming to be the first e-scooter brand to fully integrate DeepSeek's large language models (LLMs) as of February 9.
Ninebot stated that this integration will significantly enhance the intelligence of its products, offering users improved smart interactions and more efficient rides. The company's mobile app already incorporates AI features, with plans to include AI-powered content creation, data analytics, personalized recommendations, and intelligent services. Niu Technologies' move further underscores the growing importance of AI in the electric two-wheeler market.
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China husband divorces wife over surname dispute, woman wins custody of both children
一对中国夫妇因孩子姓氏问题离婚，丈夫邵先生无法接受儿子随母亲姓纪。 这起事件引发了中国社交媒体上关于子女继承父亲姓氏的传统习俗的激烈讨论。
据河南电视台报道，邵先生和纪女士在2019年生了一个女儿，随父亲姓邵，2021年生了一个儿子，随母亲姓纪。邵先生一直要求儿子改姓，双方因此长期争执，最终于2023年离婚。离婚后，两个孩子都跟随母亲生活。邵先生原本希望获得女儿的抚养权，放弃儿子的抚养权，但纪女士坚持要抚养两个孩子。
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一对中国夫妇因孩子姓氏问题离婚，丈夫邵先生无法接受儿子随母亲姓纪。 这起事件引发了中国社交媒体上关于子女继承父亲姓氏的传统习俗的激烈讨论。
据河南电视台报道，邵先生和纪女士在2019年生了一个女儿，随父亲姓邵，2021年生了一个儿子，随母亲姓纪。邵先生一直要求儿子改姓，双方因此长期争执，最终于2023年离婚。离婚后，两个孩子都跟随母亲生活。邵先生原本希望获得女儿的抚养权，放弃儿子的抚养权，但纪女士坚持要抚养两个孩子。
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US braces for ‘life-threatening cold’ as polar vortex brings extreme weather after deadly floods
一场冬季风暴席卷美国东部后，极地涡旋预计将控制落基山脉和北部平原，导致至少10人死亡。肯塔基州因暴雨引发的洪水导致9人死亡。美国国家气象局警告称，直至周二将出现“威胁生命的寒冷”，蒙大拿州东北部的气温预计将降至零下42.7摄氏度，风寒效应低至零下51摄氏度。
气象学家表示，多个州将经历本季度第10次最冷的极地涡旋事件。北极地区的天气力量正在共同作用，将通常停留在北极附近的寒冷空气推向美国和欧洲。肯塔基州州长表示，至少有1000名因洪水被困的人员需要救援。特朗普总统批准了肯塔基州关于灾难声明的请求，授权联邦紧急事务管理局协调在该州的救援工作。
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一场冬季风暴席卷美国东部后，极地涡旋预计将控制落基山脉和北部平原，导致至少10人死亡。肯塔基州因暴雨引发的洪水导致9人死亡。美国国家气象局警告称，直至周二将出现“威胁生命的寒冷”，蒙大拿州东北部的气温预计将降至零下42.7摄氏度，风寒效应低至零下51摄氏度。
气象学家表示，多个州将经历本季度第10次最冷的极地涡旋事件。北极地区的天气力量正在共同作用，将通常停留在北极附近的寒冷空气推向美国和欧洲。肯塔基州州长表示，至少有1000名因洪水被困的人员需要救援。特朗普总统批准了肯塔基州关于灾难声明的请求，授权联邦紧急事务管理局协调在该州的救援工作。
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Singapore budget to be defining test of Lawrence Wong’s leadership: analysts
新加坡总理黄循财即将公布其首个预算案，这被视为对其领导能力的一次关键考验。 在大选临近和生活成本问题日益突出的背景下，这份预算案需要在提供经济援助和维持财政纪律之间取得平衡。分析人士认为，预算案能否有效应对当前挑战，将直接影响执政党人民行动党（PAP）在即将到来的大选中能否赢得民心。
由于新加坡将在今年庆祝独立60周年，且大选预计在11月举行，黄循财及其领导的人民行动党面临前所未有的压力。政治观察家指出，政府需要说服民众，各项措施并非为了“收买选票”，而是基于稳健的财政政策和管理，从而有能力为民众提供支持。去年的预算案侧重于缓解家庭和企业的成本压力，并调整了中央公积金计划。当时担任副总理兼财政部长的黄循财宣布，将为每个家庭提供600新元的消费券，并为企业提供回扣，以应对通货膨胀和运营成本上升。
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新加坡总理黄循财即将公布其首个预算案，这被视为对其领导能力的一次关键考验。 在大选临近和生活成本问题日益突出的背景下，这份预算案需要在提供经济援助和维持财政纪律之间取得平衡。分析人士认为，预算案能否有效应对当前挑战，将直接影响执政党人民行动党（PAP）在即将到来的大选中能否赢得民心。
由于新加坡将在今年庆祝独立60周年，且大选预计在11月举行，黄循财及其领导的人民行动党面临前所未有的压力。政治观察家指出，政府需要说服民众，各项措施并非为了“收买选票”，而是基于稳健的财政政策和管理，从而有能力为民众提供支持。去年的预算案侧重于缓解家庭和企业的成本压力，并调整了中央公积金计划。当时担任副总理兼财政部长的黄循财宣布，将为每个家庭提供600新元的消费券，并为企业提供回扣，以应对通货膨胀和运营成本上升。
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Malaysia’s PM Anwar reassures public Petronas’ will uphold gas contracts amid Sarawak talks
马来西亚总理安瓦尔·易卜拉欣表示，国家能源公司Petronas将维持其所有合同义务。此前，Petronas与砂拉越石油公司Petros就天然气分配问题进行的谈判引发了业界的担忧。
Petronas和Petros之间的谈判一度陷入僵局，原因是Petros希望获得更大的天然气分配份额。砂拉越拥有马来西亚超过60%的天然气储量，因此谈判结果对Petronas的收入有重大影响，Petronas是马来西亚政府的重要收入来源。安瓦尔向议会保证，双方的谈判将遵循透明的商业原则，并以国家利益为重，同时联邦政府承认Petros对马来西亚早期发展的贡献。
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马来西亚总理安瓦尔·易卜拉欣表示，国家能源公司Petronas将维持其所有合同义务。此前，Petronas与砂拉越石油公司Petros就天然气分配问题进行的谈判引发了业界的担忧。
Petronas和Petros之间的谈判一度陷入僵局，原因是Petros希望获得更大的天然气分配份额。砂拉越拥有马来西亚超过60%的天然气储量，因此谈判结果对Petronas的收入有重大影响，Petronas是马来西亚政府的重要收入来源。安瓦尔向议会保证，双方的谈判将遵循透明的商业原则，并以国家利益为重，同时联邦政府承认Petros对马来西亚早期发展的贡献。
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Death of 5-year-old shines light on Japan’s troubling murder-suicide crisis
A five-year-old boy was found dead in a car near Tokyo, Japan, in a suspected attempted murder-suicide orchestrated by his father. The boy's father and older brother were also found unconscious in the vehicle and rushed to the hospital with critical injuries. Police believe the father intentionally trapped his children in the car with lit charcoal briquettes, leading to carbon monoxide poisoning.
The incident occurred in Kumagaya City, Saitama Prefecture, after a store employee noticed the boys slumped over in the car and alerted authorities. This tragedy is part of a concerning trend in Japan, where experts have observed an increase in domestic violence and mental health crises leading to murder-suicides. Research indicates that a parent killing their child before ending their own life is the most common scenario in these cases, highlighting a deep-seated societal issue.
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A five-year-old boy was found dead in a car near Tokyo, Japan, in a suspected attempted murder-suicide orchestrated by his father. The boy's father and older brother were also found unconscious in the vehicle and rushed to the hospital with critical injuries. Police believe the father intentionally trapped his children in the car with lit charcoal briquettes, leading to carbon monoxide poisoning.
The incident occurred in Kumagaya City, Saitama Prefecture, after a store employee noticed the boys slumped over in the car and alerted authorities. This tragedy is part of a concerning trend in Japan, where experts have observed an increase in domestic violence and mental health crises leading to murder-suicides. Research indicates that a parent killing their child before ending their own life is the most common scenario in these cases, highlighting a deep-seated societal issue.
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Baidu adopts DeepSeek AI models, chasing Tencent in race to embrace the hot start-up
Baidu is integrating DeepSeek's AI models into its search engine, following Tencent's move to incorporate the technology into Weixin. This integration aims to provide users with a more diverse search experience by combining DeepSeek's capabilities with Baidu's own Ernie large language models (LLMs). Baidu will also add DeepSeek to its LLM platform for developers.
This move comes shortly after Tencent began beta testing DeepSeek's AI models on Weixin, potentially exposing the technology to the platform's 1.3 billion active users in mainland China. DeepSeek has rapidly gained prominence as a leading AI startup in China, with its advanced models, V3 and R1, making waves in the global tech community due to their performance and cost-effectiveness, even causing a drop in AI-related stock prices last month. However, Baidu's share price experienced a significant decline of around 8% in Hong Kong trading, ahead of its fourth-quarter earnings report.
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Baidu is integrating DeepSeek's AI models into its search engine, following Tencent's move to incorporate the technology into Weixin. This integration aims to provide users with a more diverse search experience by combining DeepSeek's capabilities with Baidu's own Ernie large language models (LLMs). Baidu will also add DeepSeek to its LLM platform for developers.
This move comes shortly after Tencent began beta testing DeepSeek's AI models on Weixin, potentially exposing the technology to the platform's 1.3 billion active users in mainland China. DeepSeek has rapidly gained prominence as a leading AI startup in China, with its advanced models, V3 and R1, making waves in the global tech community due to their performance and cost-effectiveness, even causing a drop in AI-related stock prices last month. However, Baidu's share price experienced a significant decline of around 8% in Hong Kong trading, ahead of its fourth-quarter earnings report.
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Hong Kong watchdog slams McCafe, 7-Eleven over wasteful bring-own-cup services
香港消费者委员会指出，部分连锁饮品店在顾客使用自带杯时，仍先用一次性容器制作饮品，此举严重削弱了环保减废的意义。 调查点名麦当劳旗下的 McCafe 和 7-Eleven 的 7CAFE 为主要违规者，这种做法让顾客自带杯的努力付诸东流。
消委会于去年 11 月至 12 月进行了这项调查，涵盖 20 个连锁品牌，共计 60 次抽查。调查发现，所有被抽查的 McCafe 分店员工，无论顾客是否明确表示要使用自带杯，都会先用一次性纸杯制作饮品。McCafe 回应称，自带杯服务仅在设有专用取餐柜台的餐厅提供，且顾客需要主动提出要求。
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香港消费者委员会指出，部分连锁饮品店在顾客使用自带杯时，仍先用一次性容器制作饮品，此举严重削弱了环保减废的意义。 调查点名麦当劳旗下的 McCafe 和 7-Eleven 的 7CAFE 为主要违规者，这种做法让顾客自带杯的努力付诸东流。
消委会于去年 11 月至 12 月进行了这项调查，涵盖 20 个连锁品牌，共计 60 次抽查。调查发现，所有被抽查的 McCafe 分店员工，无论顾客是否明确表示要使用自带杯，都会先用一次性纸杯制作饮品。McCafe 回应称，自带杯服务仅在设有专用取餐柜台的餐厅提供，且顾客需要主动提出要求。
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Will Yoon’s anti-China rhetoric threaten Seoul-Beijing ties ahead of Xi’s possible Apec visit?
South Korean President Yoon Suk-yeol's recent controversial remarks about China during his impeachment trial are raising concerns about potential damage to the relationship between Seoul and Beijing, especially with Chinese President Xi Jinping considering a visit to South Korea for the APEC summit in October. Yoon has alleged that China interfered in South Korea's elections, influencing his decision to briefly declare martial law last year.
These claims appear to be fueled by and further inflaming anti-China sentiment among some of Yoon's supporters. Recent events, such as the arrest of a man attempting to storm the Chinese embassy in Seoul while delivering an "anti-China message," and ongoing protests outside the embassy calling for "Xi Jinping out," highlight the growing tensions. The Chinese embassy has expressed concern and regret over these incidents to the Korean government.
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South Korean President Yoon Suk-yeol's recent controversial remarks about China during his impeachment trial are raising concerns about potential damage to the relationship between Seoul and Beijing, especially with Chinese President Xi Jinping considering a visit to South Korea for the APEC summit in October. Yoon has alleged that China interfered in South Korea's elections, influencing his decision to briefly declare martial law last year.
These claims appear to be fueled by and further inflaming anti-China sentiment among some of Yoon's supporters. Recent events, such as the arrest of a man attempting to storm the Chinese embassy in Seoul while delivering an "anti-China message," and ongoing protests outside the embassy calling for "Xi Jinping out," highlight the growing tensions. The Chinese embassy has expressed concern and regret over these incidents to the Korean government.
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Is major trouble brewing for Hong Kong’s housing market? Not so fast
S&P Global Ratings has warned of potential risks in Hong Kong's property market, citing concerns such as a "credit squeeze" and "negative feedback loop," reminiscent of the language used during China Evergrande's collapse. The agency suggests that a faltering recovery in the housing market, coupled with high US interest rates and supply-demand imbalances, could strain developers, particularly those with limited liquidity.
The financial difficulties of New World Development (NWD), a major Hong Kong developer, have heightened these concerns, with the company seeking loan postponements and pledging substantial assets for refinancing. While NWD's situation may be unique, S&P highlights that other unrated developers also face liquidity challenges. Rising distress is also evident in Hong Kong's commercial real estate sector, with a significant portion of recent investment transactions involving assets sold under receivership or at a loss, and commercial property prices experiencing a sharp decline compared to other major cities.
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S&P Global Ratings has warned of potential risks in Hong Kong's property market, citing concerns such as a "credit squeeze" and "negative feedback loop," reminiscent of the language used during China Evergrande's collapse. The agency suggests that a faltering recovery in the housing market, coupled with high US interest rates and supply-demand imbalances, could strain developers, particularly those with limited liquidity.
The financial difficulties of New World Development (NWD), a major Hong Kong developer, have heightened these concerns, with the company seeking loan postponements and pledging substantial assets for refinancing. While NWD's situation may be unique, S&P highlights that other unrated developers also face liquidity challenges. Rising distress is also evident in Hong Kong's commercial real estate sector, with a significant portion of recent investment transactions involving assets sold under receivership or at a loss, and commercial property prices experiencing a sharp decline compared to other major cities.
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8 years after Irish tourist’s rape-murder, Indian man gets life in prison
Vikat Bhagat, 31, has been sentenced to life in prison by a court in Goa, India, for the 2017 rape and murder of Danielle McLaughlin, a 28-year-old Irish woman. McLaughlin's body was discovered on a popular tourist beach in Goa, and the autopsy revealed that her death was caused by cerebral damage and constriction of the neck.
Bhagat was convicted of the crime on Friday, and McLaughlin's family expressed their gratitude to the public prosecutor and investigating officer for their work in achieving justice. The case brought attention to the ongoing issue of violence against women in India, despite stricter laws implemented following a 2012 gang rape case in New Delhi. Goa is a well-known tourist destination, attracting millions of visitors to its beaches annually.
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Vikat Bhagat, 31, has been sentenced to life in prison by a court in Goa, India, for the 2017 rape and murder of Danielle McLaughlin, a 28-year-old Irish woman. McLaughlin's body was discovered on a popular tourist beach in Goa, and the autopsy revealed that her death was caused by cerebral damage and constriction of the neck.
Bhagat was convicted of the crime on Friday, and McLaughlin's family expressed their gratitude to the public prosecutor and investigating officer for their work in achieving justice. The case brought attention to the ongoing issue of violence against women in India, despite stricter laws implemented following a 2012 gang rape case in New Delhi. Goa is a well-known tourist destination, attracting millions of visitors to its beaches annually.
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Hong Kong stage contractor linked to Mirror accident faces liquidation risk
Hip Hing Loong Stage Engineering Company, one of the contractors implicated in the 2022 Mirror concert accident that injured three dancers, is facing potential liquidation. A mainland-based creditor filed a case with Hong Kong's High Court on Friday, with a hearing scheduled for April 23.
The incident occurred during the fourth of twelve planned concerts when a large video screen fell onto the stage, severely injuring dancer Mo Li Kai-yin, leaving him paralyzed from the neck down. Another dancer, Zisac Law Tak-chi, was injured during a rehearsal days prior due to a malfunctioning elevating platform. The accident prompted investigations and raised concerns about stage safety standards.
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Hip Hing Loong Stage Engineering Company, one of the contractors implicated in the 2022 Mirror concert accident that injured three dancers, is facing potential liquidation. A mainland-based creditor filed a case with Hong Kong's High Court on Friday, with a hearing scheduled for April 23.
The incident occurred during the fourth of twelve planned concerts when a large video screen fell onto the stage, severely injuring dancer Mo Li Kai-yin, leaving him paralyzed from the neck down. Another dancer, Zisac Law Tak-chi, was injured during a rehearsal days prior due to a malfunctioning elevating platform. The accident prompted investigations and raised concerns about stage safety standards.
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Australia to deport violent criminals to remote Pacific atoll
澳大利亚即将把包括一名已被定罪的谋杀犯在内的三名暴力罪犯驱逐到瑙鲁，即使他们不是这个太平洋小岛国的公民。此前，澳大利亚法院裁定，危险移民不得再被无限期监禁。内政部长Tony Burke表示，已于周六向这三名“暴力罪犯”发放了30年期的瑙鲁签证。
反对党领袖Peter Dutton表示，尽管与瑙鲁达成了协议，仍将有超过200名有犯罪记录且无法被驱逐的移民留在澳大利亚。瑙鲁总统David Adeang原计划就“与澳大利亚就重新安置非公民的新安排”向当地新闻媒体发表声明，但截至周一下午，该声明尚未在网上公布。
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澳大利亚即将把包括一名已被定罪的谋杀犯在内的三名暴力罪犯驱逐到瑙鲁，即使他们不是这个太平洋小岛国的公民。此前，澳大利亚法院裁定，危险移民不得再被无限期监禁。内政部长Tony Burke表示，已于周六向这三名“暴力罪犯”发放了30年期的瑙鲁签证。
反对党领袖Peter Dutton表示，尽管与瑙鲁达成了协议，仍将有超过200名有犯罪记录且无法被驱逐的移民留在澳大利亚。瑙鲁总统David Adeang原计划就“与澳大利亚就重新安置非公民的新安排”向当地新闻媒体发表声明，但截至周一下午，该声明尚未在网上公布。
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US rescinds mass firings of nuclear weapons workers amid security concerns
特朗普政府叫停了数百名联邦雇员的解雇，这些雇员负责国家核武器项目。此前，这些雇员突然被解雇，引发了混乱，专家警告说，DOGE团队盲目削减成本会使社区面临风险。
据美联社报道，此次解雇是能源部DOGE团队裁员约2000人的一部分。受影响最严重的部门之一是位于德克萨斯州阿马里洛附近的 Pantex 工厂，该工厂负责弹头重组，这是一项高度敏感的工作。专家表示，DOGE团队对这些部门的职责缺乏了解，未能意识到其主要职能是核武器而非能源。
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特朗普政府叫停了数百名联邦雇员的解雇，这些雇员负责国家核武器项目。此前，这些雇员突然被解雇，引发了混乱，专家警告说，DOGE团队盲目削减成本会使社区面临风险。
据美联社报道，此次解雇是能源部DOGE团队裁员约2000人的一部分。受影响最严重的部门之一是位于德克萨斯州阿马里洛附近的 Pantex 工厂，该工厂负责弹头重组，这是一项高度敏感的工作。专家表示，DOGE团队对这些部门的职责缺乏了解，未能意识到其主要职能是核武器而非能源。
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Makers testing dehumidifiers in overly favourable conditions: Hong Kong watchdog
香港消费者委员会呼吁除湿机制造商停止宣传在过于有利的条件下进行的测试结果，因为发现在正常的家庭环境中，这些设备的效率较低。该委员会对市面上14款除湿机进行了测试，发现制造商偏好的测试条件（30摄氏度，相对湿度80%）下，除湿机的除湿能力比标准环境（26.7摄氏度，相对湿度60%）下高出高达82%。
此次测试是消费者委员会每月报告的一部分，主要评估设备的“每日除湿能力”，即设备在24小时内从空气中去除的最大水分量。测试结果表明，制造商通常会选择更有利于产品表现的测试环境，从而夸大除湿机的实际性能。
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香港消费者委员会呼吁除湿机制造商停止宣传在过于有利的条件下进行的测试结果，因为发现在正常的家庭环境中，这些设备的效率较低。该委员会对市面上14款除湿机进行了测试，发现制造商偏好的测试条件（30摄氏度，相对湿度80%）下，除湿机的除湿能力比标准环境（26.7摄氏度，相对湿度60%）下高出高达82%。
此次测试是消费者委员会每月报告的一部分，主要评估设备的“每日除湿能力”，即设备在24小时内从空气中去除的最大水分量。测试结果表明，制造商通常会选择更有利于产品表现的测试环境，从而夸大除湿机的实际性能。
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From Thailand’s ‘Ghost Tower’ to Pyongyang’s ‘Hotel of Doom’: Asia’s abandoned skyscrapers
Across Asia, numerous skyscrapers stand empty or unfinished, testaments to financial downturns and changing urban landscapes. These towering structures, once symbols of progress, now present challenges for cities deciding whether to revitalize, demolish, or leave them to decay.
Experts suggest that many of these buildings still hold potential, requiring creative solutions to repurpose them. Examples include Thailand's "Ghost Tower," a 47-floor structure abandoned during the 1997 Asian financial crisis, highlighting how economic shifts can halt ambitious construction projects.
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Across Asia, numerous skyscrapers stand empty or unfinished, testaments to financial downturns and changing urban landscapes. These towering structures, once symbols of progress, now present challenges for cities deciding whether to revitalize, demolish, or leave them to decay.
Experts suggest that many of these buildings still hold potential, requiring creative solutions to repurpose them. Examples include Thailand's "Ghost Tower," a 47-floor structure abandoned during the 1997 Asian financial crisis, highlighting how economic shifts can halt ambitious construction projects.
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Hong Kong to enhance markets, gateway role in trade, officials pledge
Hong Kong aims to strengthen its financial markets and capitalize on emerging trade corridors to solidify its position as a gateway connecting China and the world. According to Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, Hong Kong offers significant investment opportunities, evidenced by the positive response to the New Capital Investment Entrant Scheme, which has already attracted HK$6.5 billion into the city's funds, equities, and debt assets.
Hui highlighted that Hong Kong's stock market surged 18% last year, with average trade turnover jumping 36%. Regulators and the Hong Kong stock exchange are actively working to enhance market competitiveness, including seeking public feedback on optimizing the IPO process. Furthermore, Hong Kong has been a leading center for yuan-denominated bond issuance, underscoring its importance in the debt market and its role in facilitating financial flows between China and the rest of the world.
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Hong Kong aims to strengthen its financial markets and capitalize on emerging trade corridors to solidify its position as a gateway connecting China and the world. According to Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, Hong Kong offers significant investment opportunities, evidenced by the positive response to the New Capital Investment Entrant Scheme, which has already attracted HK$6.5 billion into the city's funds, equities, and debt assets.
Hui highlighted that Hong Kong's stock market surged 18% last year, with average trade turnover jumping 36%. Regulators and the Hong Kong stock exchange are actively working to enhance market competitiveness, including seeking public feedback on optimizing the IPO process. Furthermore, Hong Kong has been a leading center for yuan-denominated bond issuance, underscoring its importance in the debt market and its role in facilitating financial flows between China and the rest of the world.
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Hong Kong to keep ‘one country, two systems’ model indefinitely, minister says
香港律政司司长林定国向投资者保证，香港将继续实行“一国两制”原则，并无限期保持其普通法制度。他还表示，香港将在北京的支持下，于9月主办第15届中国-东盟总检察长会议，以寻求与东盟司法管辖区进一步的法律合作。
林定国在吉隆坡举行的《南华早报》中国会议：东南亚2025的炉边谈话中提到，根据香港《基本法》，香港的资本主义制度和生活方式预计保持50年不变，因此人们自然会问，香港目前的制度在2047年后是否会继续。他引用了中国国家主席习近平2022年在香港的讲话，习近平当时表示“没有理由改变这么好的制度”，并且“必须长期坚持”。
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香港律政司司长林定国向投资者保证，香港将继续实行“一国两制”原则，并无限期保持其普通法制度。他还表示，香港将在北京的支持下，于9月主办第15届中国-东盟总检察长会议，以寻求与东盟司法管辖区进一步的法律合作。
林定国在吉隆坡举行的《南华早报》中国会议：东南亚2025的炉边谈话中提到，根据香港《基本法》，香港的资本主义制度和生活方式预计保持50年不变，因此人们自然会问，香港目前的制度在2047年后是否会继续。他引用了中国国家主席习近平2022年在香港的讲话，习近平当时表示“没有理由改变这么好的制度”，并且“必须长期坚持”。
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