Category: Flash News
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2025-0425
On April 25th, the scale of newly issued funds has exceeded 300 billion yuan since the beginning of this year, with as many as 45 equity funds raising over 1 billion yuan. From the recent fund sales situation, the seesaw effect of stocks and bonds has emerged, and the issuance of equity funds has significantly accelerated, with some bond funds experiencing redemptions.
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On April 25th, OpenAI announced that it has noticed that many users enjoy using Deep Research. Therefore, OpenAI has expanded the usage range of Plus, Team, and Pro users by introducing a lightweight version of Deep Research to increase the current speed limit. We have also launched a lightweight version for free users. The lightweight version of Deep Research is supported by OpenAI o4 mini, which has a level of intelligence close to the standard version of Deep Research that users are familiar with and love, while significantly reducing operating costs. This version typically responds with more concise content while maintaining the depth and quality that users expect. When the usage limit of the standard version is exhausted, the system will automatically switch to the lightweight version to respond to queries. All Plus, Team, and Pro users have now expanded their use of Deep Research. Enterprise and educational users will receive access privileges in the coming week and have the same usage level as Team users. The lightweight version of Deep Research is now available to all free users.
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On April 25th, Kevin Hassett, Director of the White House National Economic Council, stated on Fox Business Channel that the highest ranking negotiator in Congress will meet with White House officials next week. Hassett stated that Benson and he will present President Trump’s priorities at the meeting. Hassett stated that this meeting will be a gathering of the “Big Six”. The negotiating representatives for the “Big Six” are Treasury Secretary Scott Besant, Hassett, Republican leaders Mike Johnson and John Thune in both houses of Congress, and Chairman of the House and Senate Tax Committees Jason Smith and Mike Crapo.
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On April 25th, Chinese Permanent Representative to the International Atomic Energy Agency (IAEA) Li Song, Russian Permanent Representative Ulyanov, and Iranian Permanent Representative Najafi jointly met with IAEA Director General Grossi on the 24th to have in-depth communication on how the IAEA can play a role in serving the political diplomatic settlement process of the Iranian nuclear issue under the current situation. The representatives of the three countries emphasized that political and diplomatic contacts and dialogue based on mutual respect are the only effective and feasible option to solve the Iranian nuclear issue, and supported the IAEA to fully play its professional and unique role in promoting political and diplomatic efforts around the Iranian nuclear issue with a positive and constructive attitude. China and Russia support Iran to strengthen dialogue and cooperation with the IAEA. Li Song pointed out that China appreciates Iran’s commitment not to develop nuclear weapons, respects Iran’s right to peaceful use of nuclear energy, supports Iran’s dialogue with all parties, including the United States, to safeguard its legitimate rights and interests through consultation and negotiation. This will help maintain the international nuclear non-proliferation system and promote regional peace and stability. Under the new situation, China is willing to further strengthen communication and cooperation with Russia, Iran, and the IAEA, injecting positive energy into the political and diplomatic resolution process of the Iranian nuclear issue.
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On April 25th, Israeli Defense Forces Chief of Staff Zamir said on the 24th that if the Palestinian Islamic Resistance Movement (Hamas) does not release the remaining detainees in the Gaza Strip as soon as possible, the Israeli army will launch “more intense attacks” in the Gaza Strip until decisive results are achieved. According to a statement released by the Israeli military on the 24th, Zamir made the above remarks during his inspection of the Israeli ground forces that day. He said that the Israeli military will continue to exert military pressure on Hamas and strengthen its control over Hamas as needed.
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On April 25th, during a phone call with Canadian Prime Minister Carney on March 28th, US President Trump once again proposed the idea of making Canada the 51st state of the United States, which is completely opposite to the Prime Minister’s later public statement. According to Canadian media reports, two sources familiar with the situation said that Trump raised the issue of the 51st state during the call and explained the advantages of Canada joining the United States. Kani subsequently expressed his different opinions. At the end of the call, Carney said, “We agree to reserve different opinions on this issue.” However, the information that Prime Minister Carney revealed to the outside world later on the 28th was that “President Trump respects Canada’s sovereignty in both private and public statements today.” It is reported that April 28th is the day when the results of the Canadian federal election are announced, and during this campaign, Canada US relations have become a focus of concern for many Canadians.
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On April 25, President Trump of the United States made a series of remarks on the Russia-Ukraine conflict. Trump pointed out that both Ukraine and Russia have the willingness to achieve peace, and both sides must join the negotiations. He also revealed that he has set a deadline on the Russia Ukraine issue, and after the deadline, the attitude of the United States will be different.
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On April 25th, Christopher Waller, a member of the Federal Reserve Board, warned that the trade war sparked by US President Trump could soon lead to an increase in unemployment. It is reported that the current employment situation in the United States is at risk due to retaliatory tariffs imposed by other countries on American goods. If foreign customers reduce orders, some export dependent industries in the United States may be forced to lay off employees. Waller stated that if tariffs remain in place, they will not have a significant impact on the US economy before July. If the Trump administration restores aggressive tariff levels, businesses may start laying off employees, and if the unemployment rate rises significantly, he will support interest rate cuts. Waller emphasized that once there is a serious deterioration in the labor market, he expects more interest rate cuts to occur soon.
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On April 25th, after meeting with Ukrainian and European figures in London for several hours, the US government’s special envoy for Ukraine affairs, Kellogg, stated that he believes this round of talks on the Ukraine issue is “frank, positive, and productive”. But another senior US official stated that there are still significant differences between the US and Ukraine regarding the framework and timeline proposed by the US to end the conflict.
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2025-0424
On April 24th, according to the website of the Chinese Embassy in Canada, on April 21st, Chinese Ambassador to Canada Wang Di was interviewed by Dylan Robertson, a reporter from Canada’s largest news agency, the Canadian News Agency, at the embassy. The interview section is recorded as follows: Canada News Agency: China has recently imposed retaliatory tariffs on Canadian agricultural products such as rapeseed oil, which has had a significant impact on the western region of Canada. However, at the same time, the western region of Canada has close economic ties with China. Do you have anything to say to the Gassy region? Ambassador Wang Di: The countermeasures taken by China against Canadian products are a response to Canada’s unilateral discriminatory tariffs against China. You are also very aware that last year the Canadian government, despite China’s repeated dissuasion and strong opposition, insisted on imposing unilateral discriminatory tariffs on Chinese electric vehicles and steel and aluminum products. So last September, China launched an anti discrimination investigation. The investigation determined that Canada’s unilateral tariffs constitute discriminatory measures. According to relevant Chinese laws and regulations and basic principles of international law, China has announced the imposition of countermeasures tariffs on some Canadian products. The causes, consequences, and right and wrong of this matter are very clear. We urge Canada to respect objective facts and WTO rules, and immediately correct its erroneous practices. As I just said, market principles should play a leading role, and as the governments of both countries, they should provide a fair, non discriminatory, and predictable environment for cooperation between their enterprises. China’s countermeasures are not permanent measures and can be adjusted according to Canada’s policy adjustments. We hope that Canada can take measures as soon as possible to correct the erroneous practices. As for the economic and trade cooperation between China and the western region of Canada that you mentioned, China has always attached great importance to it. Geographically speaking, western Canada is the closest to China, and to some extent, it is a neighbor across the Pacific Ocean from China. So we maintain close contact with the Kashgar region. I just had a video conference with the Governor of Sa Province, Moi, last week. We had a great conversation and reached a lot of consensus on promoting practical cooperation between the two sides. This year’s Spring Festival, when I went to British Columbia (BC) to participate in the Chinese New Year celebration, I had a good exchange with BC Governor Abi on how to promote cooperation between BC and relevant provinces in China. In short, we look forward to greater progress in pragmatic cooperation between the Western Caribbean region and China in the future, and China holds a positive attitude towards this. We believe that there are many opportunities and potential for cooperation between both parties.
