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Shein, the fast-fashion retailer, is abandoning its London IPO plans due to delays from Chinese regulators. Instead, the company will file for a listing on the Hong Kong Stock Exchange within weeks, aiming to go public this year amid changing trade policies and tax regulations.
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Dubai's FIX Dessert Chocolatier has launched a new chocolate bar flavor, 'Time To Mango,' featuring mango, passion fruit, and popping candy. This follows Lidl's entry into the chocolate market with its own version of the viral Dubai chocolate, intensifying competition among retailers. Meanwhile, Gleneagles hotel in Scotland has introduced a new cocktail menu inspired by the rose family.
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As of June 10, 2025, the NB.1.8.1 COVID variant is spreading across multiple countries, including India, the UK, and the US. Health officials are monitoring the situation closely, emphasizing vaccination and hygiene as key measures to combat rising cases. The World Health Organization has classified NB.1.8.1 as a variant under monitoring due to its increased transmissibility.
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The US dollar has fallen to its lowest level in over three years, driven by weak economic data and trade tensions. The Federal Reserve's anticipated interest rate cuts are influencing market dynamics, while the Hong Kong dollar faces pressure as local interest rates decline. Investors are shifting focus to alternative currencies.
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As Father's Day approaches on June 15, 2025, restaurants in Hong Kong and beyond are unveiling special menus to celebrate dads. From steakhouse offerings to unique culinary experiences, establishments are catering to diverse tastes. Meanwhile, grilling remains popular, with experts sharing tips for successful outdoor cooking and product recommendations for summer barbecues.
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Sir Mark Tucker will retire as chairman of HSBC by September 30, 2025, after nearly eight years. He will take on the role of non-executive chairman at AIA, effective October 1. Brendan Nelson will serve as interim chairman while HSBC searches for a permanent replacement.
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As of June 7, 2025, various individuals share their experiences with homeownership, financial literacy, and the impact of upbringing on financial decisions. From a veteran leveraging VA loans to a mother teaching her children about money, these stories highlight the importance of financial education and personal growth in navigating economic challenges.
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Recent fires in London, Northamptonshire, and Paisley have prompted significant emergency responses. In London, a blaze involved multiple vehicles and an outbuilding, while a deliberate fire in Paisley led to police investigations. A major incident was declared in Northamptonshire due to a large industrial fire, affecting local residents and businesses.
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As the housing market evolves, unique properties like Cramond Tower in Scotland and accessory dwelling units (ADUs) in the US highlight changing buyer preferences. Cramond Tower, once in ruins, is now a sought-after home, while ADUs offer affordable alternatives for families facing high housing costs. This reflects broader trends in homeownership and design.
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Since returning to the White House, President Trump has struggled to secure agreements with key global leaders, including those from Russia, China, and Iran. His promises of swift deals have not materialized, leading to increased scrutiny of his foreign policy approach.
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On June 3, 2025, Hong Kong launched Asia's first exchange-traded fund (ETF) tracking Saudi Arabia's Islamic government bonds, known as sukuk. This initiative aims to deepen financial ties between Hong Kong and Saudi Arabia, attracting local investors to a growing market for sharia-compliant financial products.
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U.S. futures dipped while Asian markets showed mixed results amid ongoing trade negotiations between the U.S. and China. The S&P 500 fell 0.3% on Wednesday, influenced by tech stocks, particularly Apple. Investors remain cautious as inflation concerns persist, despite recent reports suggesting tariffs have not yet significantly impacted prices.
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Recent geomagnetic storms have led to aurora sightings across parts of the U.S. and other regions. While some areas experienced vibrant displays, others were disappointed as forecasts changed. Experts continue to monitor solar activity, which is expected to remain high through the year.
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On June 11, 2025, a 5.6 magnitude earthquake struck near Hualien, Taiwan, causing shaking felt in Taipei but no immediate reports of damage. This follows recent seismic activity in Colombia, Chile, and Japan, with authorities monitoring the situation closely. No casualties have been reported in these events.
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The FDA has approved the first at-home cervical cancer test, expanding self-administered testing options. However, experts caution that these tests cannot replace in-person medical evaluations. Meanwhile, quality issues with a prostate cancer testing kit from Abbott Laboratories have raised concerns in Hong Kong, prompting follow-up actions by health authorities.
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On June 11, 2025, global markets showed positive movement as Japan's Nikkei 225 rose 0.5% amid slowing wholesale inflation, reducing pressure on the Bank of Japan. U.S. stocks also gained, buoyed by ongoing trade talks between the U.S. and China, despite lingering uncertainties over tariffs and economic forecasts.
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Recent phone calls between Xi Jinping and Donald Trump have highlighted ongoing trade tensions and the sensitive issue of Taiwan. Xi urged the US to handle Taiwan prudently, while Taiwan's leadership faces increasing pressure amid a lack of communication with Beijing since 2016. Concerns over military operations near Taiwan are also rising.
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Pro-democracy activist Joshua Wong has been charged with conspiracy to collude with foreign forces under Hong Kong's national security law. This marks the second time Wong has faced charges under this law, which critics argue is used to suppress dissent. Wong is currently serving a sentence and is due for release in January 2027.
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Recent discussions highlight the environmental impact of cooking oils, emphasizing the importance of choosing sustainable options. A study reveals that canola and sunflower oils are the most eco-friendly, while palm oil's effects vary based on sourcing. Additionally, the culinary uses of Chinese olives are explored, showcasing their unique flavor and cultural significance.
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Simone Inzaghi has been appointed as the new manager of Saudi Arabian club Al-Hilal, following his departure from Inter Milan after a disappointing Champions League final. His contract reportedly exceeds €20 million per season, making him one of the highest-paid managers globally.
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Bruno Fernandes confirmed he received a lucrative offer from Al-Hilal but opted to remain at Manchester United. The Saudi club proposed £100 million for the midfielder, who expressed a desire to contribute to United's rebuilding efforts after a disappointing season. Fernandes aims to compete at the highest level.
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Hong Kong's Chief Executive John Lee reassured investors about the stability of the Hong Kong dollar peg to the US dollar amid recent market pressures. The Hong Kong Monetary Authority has intervened to maintain the peg as the US dollar weakens, raising concerns about inflation and property values in the region. Lee also emphasized plans to enhance Hong Kong's role in offshore renminbi business.
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China's national men's football team faces severe criticism after failing to qualify for the 2026 World Cup, highlighted by a historic loss to Indonesia. The Chinese Football Association president, Song Kai, acknowledged the team's decline, while calls for reform in youth training and governance grow louder. Meanwhile, women's football in Hong Kong seeks greater support and professionalization.
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On the 36th anniversary of the Tiananmen Square massacre, global leaders, including US Secretary of State Marco Rubio, condemned China's efforts to erase the event from history. Security remains tight in Beijing, where public commemoration is banned, while Taiwan continues to hold gatherings in remembrance of the victims.
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Recent college graduates face overwhelming student debt and limited job prospects, prompting many to move back home. Experts suggest setting clear expectations and fostering mutual respect between parents and returning graduates to ease the transition. This article explores strategies for making this living arrangement successful.
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A unique prototype of the iconic Le Birkin handbag, made for Jane Birkin, will be auctioned in Paris on July 10. The bag, which reflects Birkin's personal style and history, is expected to fetch a significant sum, with no public reserve price set by Sotheby’s.
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Audi, Mercedes-Benz, and Acura have introduced new models, showcasing advancements in electric and crossover technology. The Audi Q5 and SQ5 feature a new platform and improved performance, while the Mercedes GLC offers impressive range and charging capabilities. Acura's ADX combines style with performance-focused features, appealing to crossover enthusiasts.
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As the competition for AI dominance intensifies, experts warn of two critical races: commercial AI and the pursuit of artificial superintelligence (ASI). With China's advancements closing the gap, the urgency for the US to secure its leadership is paramount. This evolving landscape poses significant risks and opportunities for global stability.
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A police constable remains in critical condition after a double-decker bus collided with his vehicle on the Hong Kong-Shenzhen Western Corridor. The incident, which occurred on June 6, 2025, resulted in injuries to ten individuals, including the officer who fell from a bridge during the crash.
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Meta's Threads app is testing a direct messaging feature in Hong Kong, Thailand, and Argentina. This update allows users to send messages within Threads, addressing long-standing user requests for a native DM experience. The feature is expected to roll out to more markets soon.
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Hong Kong police have issued a warning against downloading the mobile game 'Reversed Front: Bonfire,' claiming it promotes armed revolution and violates national security laws. The game, developed by ESC Taiwan, has been removed from the Google Play Store following the warning, while Apple has yet to take action.
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Restaurants across the UK and Hong Kong are unveiling special menus for Father's Day on June 15, 2025. Chaophraya offers a Thai feast with a complimentary cocktail, while Morton’s The Steakhouse features premium steaks. Other venues like Bayfare Social and Prince and the Peacock also present unique dining experiences for families celebrating dads.
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At the VivaTech conference, Alibaba's Chairman Joe Tsai announced the company's decision to open-source its Qwen AI models, aiming to enhance its cloud computing business and respond to competitive pressures in China's tech landscape. This move follows a period of restructuring and increased focus on AI innovation.
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Meta has filed a lawsuit against Joy Timeline HK Limited in Hong Kong, seeking to prevent the advertising of its CrushAI app, which generates non-consensual nude images. This legal action highlights Meta's commitment to combating the rise of 'nudify' apps that exploit individuals' images without consent.