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Chinese sports brand Li Ning partners with NBA star Steph Curry

India's Mahindra looking to EVs, pickups in global push: autos CEO

Minimax and Zhipu aim to further tap China's AI fever with dual listings

Why have Japan and the Philippines’ maritime boundary talks angered China?

The waters off eastern Taiwan have become a new flashpoint after Tokyo and Manila announced formal negotiations to delimit the maritime boundary of the exclusive economic zones (EEZs) and continental shelf between Japan and the Philippines. On Monday, China’s coastguard carried out enforcement patrols in the region, exercising Beijing’s claimed right to maintain its own EEZ and continental shelf rights under both domestic and international law. The Taiwanese coastguard said it shadowed and...

‘Mud Buddha’: China official covered in sludge during mudslide while helping villagers evacuate

A valiant official in China has been dubbed “Mud Buddha” after a photograph emerged of him covered in sludge while he was averting disaster by evacuating residents before a catastrophic landslide. From the evening of May 17 to the early morning of May 18, a downpour hit Shanghongyan Village in Maguan county, southwestern Yunnan province. At its height, the level of precipitation reached 256mm, the People’s Daily reported. Tian Ruliang, the village director, left home three times after 10pm on...

Energy: Slow network expansion is blocking investments of 100 billion euros

Grid bottlenecks are slowing down the expansion of renewable energies. A study shows: This is not a German phenomenon. Economics Minister Reiche wants to take countermeasures - but her plans are controversial.

Basis for the inclusion of civil servants in statutory pension insurance

submitted by /u/Hasselhoff265 [link] [comments]

Tesla: Tesla records strong sales growth in Europe

Just a year ago, the electric car manufacturer lost half of the EU market. Now sales numbers are rising again.

Business ticker: HP shares shoot up 36 percent

Anthropic files for IPO +++ GoPro in dire straits due to storage price shock +++ Florida is suing OpenAI +++ News in the company's live blog.

Hong Kong to relaunch direct flights to Kazakhstan’s Almaty in first quarter of 2027

Hong Kong will relaunch direct flights with Almaty in Kazakhstan in the first quarter of next year, the city’s leader has announced in a breakthrough which businesses have said will be essential for easing travel and strengthening ties with Central Asia. Chief Executive John Lee Ka-chiu, who is leading a high-powered delegation to the region, also said on Tuesday that the city would start deliberations with Kazakhstani authorities to reach a Comprehensive Avoidance of Double Taxation Agreement..

Why Japan’s intolerance towards Muslims is rapidly deepening

Discrimination towards foreign residents in Japan has expanded from Koreans and Kurds to Muslims as their population is estimated to have nearly doubled in recent years, according to observers and community members. Misinformation and hate speech are spreading on Japanese social media and mosques are receiving a barrage of abusive phone calls and emails. Some are asking why they are suddenly being targeted. Others are afraid to leave their homes. Muslims in Japan, including foreign residents and

Tencent shares jump on expectations of AI agent within WeChat super app

Shares of Tencent Holdings surged as much as 8 per cent on Tuesday, driven by investor optimism over reports that the Chinese tech giant is close to launching an artificial intelligence agent within its super app WeChat. Tencent was testing a prototype AI agent for the WeChat ecosystem, which boasts 1.4 billion active users, and planned to start the compliance process as soon as this month for a public launch, according to a report by the Financial Times on Tuesday, citing anonymous sources. The

Aging economy: aging as a promising investment approach?

“Aging economy” instead of AI hype: How investors can benefit from structural growth in health, care and pharmaceuticals.

US general’s ‘dagger’ remark tests South Korea’s China balancing act

A top US general’s description of South Korea as a “dagger in the heart of Asia” aimed at China has laid bare the differences in how Washington and Seoul view their alliance and Beijing. US Forces Korea commander General Xavier Brunson made the blunt remark in a podcast interview hosted by the US Army War College on May 22, drawing a backlash both from Beijing and from Seoul itself. South Korea’s presidential office said on Saturday that it was “aware” of Brunson’s remarks and that close...

2 Taiwan air force pilots die in T-34C crash, spurring probe and debate over aircraft

A Taiwanese air force aircraft crashed during a training mission on Tuesday, killing two experienced pilots and prompting renewed scrutiny of the island’s ageing fleet of T-34 basic trainers. The T-34C aircraft went down at about 8.08am at Gangshan Air Base in Kaohsiung, southern Taiwan, while conducting a simulated engine-failure exercise, according to the island’s air force. Both pilots on board, Lieutenant Colonel Kuo Chun-nan and Lieutenant Colonel Lu Chi-yu, were killed. The air force...

Goldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply Crunch

Tighter petroleum product supply resulting from the Strait of Hormuz crisis will keep refining margins significantly higher throughout 2026, Goldman Sachs has forecast, with diesel margins especially elevated, Reuters reported. The war in the Middle East has pushed refiners’ margins two to three times higher than the average for the period from 2013 to 2019, the investment bank’s commodity analysts said in a note this week. Diesel margins specifically are seen at between $19 and $26 per barrel h

U.S. Officials Say They Are Closing In on Arrangement to Reopen Strait of Hormuz

President Trump has not signed off on the emerging framework, according to U.S. officials. But it could set the table for extending the cease-fire and more substantive negotiations. submitted by /u/koschatzo [link] [comments]

Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation

Amazon's four-day shopping fest comes after U.S. consumer sentiment dropped in May to a record low.

Artificial Intelligence: Alphabet wants to invest billions in AI

Alphabet wants to raise $80 billion to finance AI expansion. Berkshire Hathaway is also investing – the stock is falling.

Security policy: USA probably wants to station more nuclear-capable bombers in Europe

The Trump administration recently announced that it would reduce its troop numbers in Europe. However, additional bombers could be stationed to provide nuclear deterrence.

US trade: Trump reduces tariffs on certain metal products

In order to stimulate US industry again, Trump is defusing his tariff policy. The measures apply until the end of 2027 and are intended to promote investment.

Lidl, Aldi & Co.: These are the most popular retailers among Germans

An exclusive survey shows Germany's customer favorites. Not only is last year's winner pushed out, Amazon also falls surprisingly far behind.

Poverty report: Poverty in Germany reaches new high

Many people in Germany don't know how to pay the bills for electricity, heating or a new refrigerator. There are big regional differences.

AI is creating a new gold rush. Companies are investing heavily in the energy sector. AIPO ETF?

Is investing in ETF like Aipo ( Defiance AI & Power Infrastructure) smart move? Due to the rapid development of artificial intelligence, companies across a wide range of industries from tech giants to automakers are rapidly expanding into the energy sector. The race for electricity, which has become a critical resource for AI technologies, has turned into a modern-day gold rush, creating enormous financial value but also significant risks if demand cannot be met, Axios reports. Electricity, long

Technology: GoPro sounds the alarm – existence is at risk

GoPro became big with action cameras for surfers and snowboarders. But the price shock for memory chips caused by the AI ​​boom now makes the company fear for its survival.

Major Russian attack on Kyiv, other Ukraine cities kills at least 9, wounds dozens

Russian air attacks on major Ukrainian cities such as Kyiv, Dnipro and Kharkiv killed at least nine and wounded more than 60 early on Tuesday, authorities said, following days of warnings that Moscow was planning a major assault. Russia has targeted Ukraine’s power supply and infrastructure while Ukraine has stepped up attacks this year on Russian ‌oil facilities in a war now more than four years old, sometimes causing casualties, but both deny targeting civilians. Five people were killed and 25

Japan’s Russia concern, businesses choose Malaysia over Singapore: 7 Asia highlights

We have selected seven stories from the SCMP’s coverage of Asia over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Russia’s military activity has Japan fearing a dual-front war Japan’s call to maintain “impeccable” defences on its northern frontier reflects Tokyo’s deepening concern over growing Russian military activity in the region, analysts say. 2. Rising costs in Singapore spur.

Calls for faster rehousing of evicted Hong Kong subdivided flat tenants

Hong Kong authorities should offer more timely and flexible urgent accommodation for residents uprooted by a new regulation aimed at eliminating the city’s notorious subdivided flats, lawmakers have urged. Their comments were made on Tuesday after the Housing Bureau briefed lawmakers on plans to reserve up to 180 transitional flats in urban and extended urban areas to tenants evicted on short notice. Scott Leung Man-kwong, deputy chairman of the Legislative Council’s housing panel, said he...

LNG Deliveries to China Rebound in May

The world's largest LNG buyer stepped up purchases ahead of peak summer demand, reversing a months-long decline following disruptions to Middle East supplies.

Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices

U.S Trade Representative Jamieson Greer said that the investigation under Section 301 was launched at the direction of U.S. President Donald Trump.