Chinese regulators have asked brokers and think tanks to reduce research and discussions on stablecoins to curb speculative activities. Despite China's ban on cryptocurrencies, over-the-counter trading of digital assets remains active.

This article discusses Yoon Suk-yeol's behavior of resisting arrest after being impeached and its impact on South Korean democratic politics. Yoon Suk-yeol's undignified behavior is seen as a challenge to the bottom line of South Korean democracy, reflecting the current division and difficulties in South Korean politics. The current president, Lee Jae-myung, proposal of 'life imprisonment and no pardon' has further intensified the intensity of political struggles, reflecting the current difficulties and divisions in South Korean democratic politics.

Israel's Security Cabinet approved the full takeover of Gaza City and proposed five principles for a ceasefire. This move has drawn international attention, with EU officials criticizing Israel's actions as resembling 'genocide.' U.S. President Trump supported Israel's actions and has been accused of being Netanyahu's 'accomplice.' The humanitarian crisis in Gaza continues to worsen, with increasing international pressure.

A 14-year-old girl, Chen Xinyi, went missing after leaving her residence on the evening of August 3. The police are actively searching and appealing to the public to provide information.

A traffic accident occurred in New Po Kong, where an 80-year-old Ms. Chu was hit by a lorry and injured her head. She was sent to the hospital for treatment. The injured woman is known as 'Madam Chu' and is often seen pushing a cardboard cart on the streets asking for money. Neighbors say she might be a habitual offender.

Liu Mochang won Hong Kong's first gold medal at the World Games with a perfect performance of 45.3 points. After the match, she was overwhelmed with tears, stating that this gold medal was a promise to her deceased grandmother. She thanked the people of Hong Kong for their support and said she would continue to work hard for the World Championships in November.

Today's news reports on several social events, including a traffic accident in Shatin, a fire at a snack shop in Deep Water Bay, a public housing eviction case, a 70-year-old single woman turning to bones in Kwei Shing East Estate, a 'Carrot Run' unmanned vehicle falling into a pit in Chongqing, heavy rain in Zhengzhou, Trump urging Intel CEO to resign, Israel's takeover of Gaza City, and the probability of the tropical cyclone 'Yangliu' affecting Hong Kong declining.

The police arrested 11 foreign domestic helpers, one of whom is suspected of selling prescribed abortion pills to another 10 people for abortion; among the 10 arrested women who bought and took the pills, one gave birth to a stillborn child over 28 weeks old at the employer's home, and the employer reported the incident, leading to the arrest of the foreign domestic helper on suspicion of 'killing the fetus'. According to Hong Kong law, illegal abortion can result in life imprisonment.

On Thursday (7th) around 5 p.m., a Citybus and another KMB bus collided on Nathan Road near Boundary Street heading towards Lai Chi Kok, and two female passengers of the Citybus sustained minor injuries and were conscious when sent to the hospital for treatment.

Today, Cathay Pacific Airlines had a flight from Hong Kong to Seoul where a passenger dispute and pushing occurred. A Mandarin-speaking woman and a Cantonese-speaking man had a heated argument over her son being hit, and eventually, the flight attendants mediated the situation, and the incident was handed over to local law enforcement for handling.

After the third round of Sino-US trade negotiations, whether the tariff extension will be prolonged for 90 days depends on the interaction between Trump and Putin. The US may impose secondary sanctions on India, and the resolution of the Russia-Ukraine issue will affect the outcome of the Sino-US tariff negotiations. If the US-Russia negotiations fail, the Sino-US tariff war may reignite.

TSMC is facing dual pressures from a technology espionage incident and high U.S. tariff policies. The prosecution has applied for pretrial detention and a ban on contact for the individuals involved, while Trump has requested TSMC to make large-scale investments in the U.S.

Trump's new version of 'reciprocal tariffs' officially took effect, raising U.S. tariffs on the entire world once again. Almost all countries were affected, including the 'kneeling' EU, UK, Japan, etc., as well as China, India, Brazil, and Canada. Trump's tariff war has brought nearly $80 billion in additional revenue for the United States and has become a geopolitical tool. Trump is imposing a 25% 'secondary tariff' on India to pressure it to stop importing Russian oil and to pressure Putin to accept a ceasefire between Russia and Ukraine.

The accident at the荃灣如心酒店 (荃灣如心 Hotel) has sparked discussions about Hong Kong's retirement security system. 黃國 (黃國) of the 工聯會 (Labour Party) pointed out that the MPF system needs optimization, the government should strengthen protection for retirees, and proposed the idea of providing MPF contributions for low-income employees.

A 30-year-old man was arrested by the police at Kafei Village, Fanling, suspected of trafficking etomidate vape cartridges worth about HK$21,000 and is currently being detained for investigation.

Copper wire from the lightning rod on MTR's Blossom Station rooftop was stolen, involving an amount of about HK$100,000, and the police have initiated an investigation.

A 3-year-old Shiba Inu fell to its death from a high floor in Lai Chi Kok Estate. After an investigation, the police believed that the incident did not involve any criminal elements and handed the body back to the dog owner for handling.

A small eatery called 'He Yitai Snacks', located at 121 Guilin Street, Sham Shui Po, which was recommended by Michelin, caught fire. At around 9:56 PM today (7th), the eatery caught fire and smoke spread. Firefighters arrived and used one hose and a smoke helmet team to put out the fire, and the fire was extinguished at 10:20 PM. Fortunately, no injuries or casualties were reported, and over ten people evacuated on their own.

Today's News 8 Minutes reports on the Ma On Shan unit fire, Quarry Bay car accident, drunk driving in Macau causing 4 deaths, Chongqing self-driving car falling into pit, an octogenarian woman falling victim to a scam and losing $40,000, the opening of Dai Kuo Pharmacy in Hong Kong, and the Xinjiang bridge collapse accident causing 5 deaths and 24 injuries.

A male customer collapsed at a noodle shop on Ewa Street in Lak Kow Tsui and later died in the hospital.