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Expert: Japan's red yeast rice scandal creates crisis of confidence

In today's newsletter, we have the latest on the recent Japanese supplement scare. The health scandal surrounding drugmaker Kobayashi Pharmaceutical's red yeast rice products has created a trust crisis for the company. Also, Chinese tech giant Xiaomi, the world's third-largest smartphone maker, has made a splash in the electric vehicle (EV) market with the highly anticipated launch of its first EV, the Speed Ultra 7 (SU7). Last but not least, China and Indonesia have completed their first joint scientific expedition in the Java Trench.

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