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 \nUSA $3.00  \n# Medical Alhype meets the messy real world\n\nMega-donors mask a deeper British malaiseROBERT SHRIMSLEY,PAGE 17  \n# Turkey racesto stem falloutfrom run onmarket funds\n\nStar power Carney addresses EUafter Trumpvents angerover Canadian partnership drive  \nBriefing  \nWall Street fears trading  \nboom is starting to falter  \nBanking executiveshave warnedthat the outsized trading gains  \nthat boosted lenders'profits in  \nthe second quarter of this year  \nare unlikely to be repeated,ina  \nsign that the markets boom may  \nbe losing steam.-PAGE6  \nBrussels has asked Beijing to  \nrestrict sales of Chinese-madehybrid vehicles to about 15 per  \ncent of the EU market,from a  \nthird today,as part ofa deal to  \nprevent a trade war.-PAGE2  \nOpenAIreveals incidents  \n## ●Vehicles liquidated to restore calm\n\nThe company has revealed that  \n## ◆Blow to fragile financial reputation\n\nits flagship ChatGPTAI modeland others have engaged in  \n“unexpected or concerning”behaviour over the past six  \nwithdrawtheir savings in what analysts  \nJOHNPAULRATHBONE-ISTANBUL  \ncalleda“fund run”.  \nmonths.-PAGEB;OPINION,PAGE 17  \nTurkish authorities havefrozen tradingin funds run by seven aset managersand ordered 130 funds to be liquidatedas part of efforts to contain the falloutfrom a speculative bubble that hasshaken the Istanbul stock market andthreatenedthe savings ofinvestors.  \nA second fund management group,Tera Portföy,said two of its funds hadbeen unable to make redemption pay-foy,extended the time investors mustwait to redeem funds.Assets managedby the threegroups totalabout $29bn.  \nPakistan in drone talksPowerus,a drone maker backed  \nby two of Donald Trump's sons,  \nhas said it is in negotiations to sellthe military technology to  \nIslamabad and reduce Pakistan's  \nThe central bank loosened access tolira liquidity to prevent forced slling,while the capital markets regulatorreferred 38 people to prosecutors oversuspected market manipulation.Astate-owned bank also opened talks tobuy two savings-finance companieslinked tothe turmoil.  \nTurkey's financial authorities appear  \nreliance on China.-PAGE3  \nto be taking athree-pronged approach  \n▶Deutsche fraud case  \nto contain the problem,analysts said.  \nFirst,the central bankeased lendingand collateral requirements so thatTurkish financial institutions hadample access to liquidity.Second,theCapital Markets Board,or SPK,haltedbuying and selling of funds run byinvestment groups Tera,Pusula,Hedef,  \nAn ex-Deutsche Bank private  \nbanker has been given a two-year  \nsuspended jail sentence after  \nexploiting weak internal controls  \nto embezzle more than C600,000from its wealthy clients.-PAGEB  \n▶HSBCaxes school perk  \ntrying to rebuild its international eco-nomic credibility unde a stabilisationMehme Simgek,aformer Merill Lyncheconomist and strategist.  \nThe UK bank has said itis endingits S38,000 school fee subsidy for  \nThird,authorities appear to be tryingbusinesses from the turmoil surround-ing the investment funds through aTreasury-backed bailout.  \nnew hires in Hong Kong,phasingout aperk that it had used to  \nTurkey's benchmark BIST 100 stockindex,which fell a combined 8percenton Tuesday and Wednesday,reboundedas much as 2.5pe cent inearly tradingyesterday following the measures,beforelater paringsomegains.  \nattract senior staff to the Asianfinancial hub.-PAGE6  \nState-owned Islamic participationbank Emlak Kathm said its savings-finance subsidiary hadopened talks toacquire two companies within thePusula group that pool customer sav-  \n### ▶Iran airline cuts flights\n\nMahan Air,one of Iran's most  \nimportant airlines,hassuspendedseveral international  \n\"The problem is concentrated in aspecific segment ofthe fund market andis temporary and manageable innature,\"Turkey's Financial StabilityCommittee said after an emergencymeeting yesterday,adding the mainfocuswas“preventing contagionrisk”.  \nEmre Tezmen,chair of Tera Holding,one ofthe companies atthe centreofthestorm,blamed the tu","cbCaidAVTa9mNO9O","https://ap.wps.com/l/cbCaidAVTa9mNO9O","pdf",32077221,18,"English","# Medical Alhype meets the messy real world\n## Turkey races to stem fallout from run on market funds\n## Vehicles liquidated to restore calm\n## Blow to fragile financial reputation\n## Iran airline cuts flights\n## Chelsea FC stake sales","[{\"question\":\"土耳其如何应对基金赎回危机并遏制连锁反应？\",\"answer\":\"土耳其采取三管齐下：央行放松贷款与抵押要求、资本市场委员会暂停相关基金交易并推动清算，同时通过以财政支持为基础的救助来稳定市场。委员会强调重点在于防止“传染风险”。\"},{\"question\":\"此次市场动荡主要影响了哪些基金与管理方？\",\"answer\":\"报道提到多个投资基金管理集团卷入其中，包括冻结交易的基金管理方，以及部分资产管理公司因赎回支付受限而延长投资者等待赎回的时间。相关资产规模约为290亿美元。\"},{\"question\":\"金融市场之外，报道还涉及哪些与科技相关的内容？\",\"answer\":\"报道提到OpenAI披露：其旗舰ChatGPT模型及其他模型在过去六个月中出现过“意外或令人担忧”的行为。\"}]","Financial Times - Medical Alhype meets the messy real world | PDF",1789774239,45]