AFP
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China EV giant BYD soars after 5-minute charging platform unveiled
Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car. "Our pursuit is to make the charging time of electric vehicles as short as the refuelling time of fuel vehicles," he said at Monday evening's launch.
Asian markets track Wall St gains as tech inspires Hong Kong
Asian markets rallied on Tuesday following another positive day on Wall Street stoked by US data that eased recession fears, while Chinese tech firms helped propel another surge in Hong Kong. Hong Kong, which has piled on more than a fifth since the turn of the year, led the gains Tuesday thanks to further buying of Chinese tech firms.
Nvidia showcases AI chips as it shrugs off DeepSeek
Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and quantum computing on Tuesday, shrugging off talk of China's DeepSeek disrupting the market. The CEO is also likely to talk up a leap to quantum computing.
Trump taps Michelle Bowman to be US Fed vice chair for supervision
US President Donald Trump on Monday picked Michelle Bowman to be the Federal Reserve's next vice chair for supervision, tapping someone seen as favoring a lighter touch to banking regulation.
Starbucks ordered to pay $50m for hot tea spill
Starbucks has been ordered to pay $50 million to a customer who was burned when hot tea spilled on his lap at a California drive-through. The case is redolent of a 1994 landmark legal action against McDonald's in New Mexico, when 79-year-old Stella Liebeck was awarded over $2.8 million after spilling hot coffee on herself.
Talks on divisive deep-sea mining resume in Jamaica
Several countries united with campaign groups Monday to call for caution in regulating the divisive practice of deep-sea mining at a meeting on the issue in Jamaica. Members of the International Seabed Authority (ISA) are meeting in Kingston to thrash out the first mining code on deep-sea extraction that has faced accusations of imperiling marine ecosystems.
New blow to German auto sector as Audi announces job cuts
Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's auto industry battles slowing electric vehicle demand and rising Chinese competition.
Hong Kong property tycoon Lee Shau-kee dies aged 97
Hong Kong's second-richest man Lee Shau-kee has died aged 97, the property tycoon's firm Henderson Land Development announced Monday. Lee died peacefully on Monday evening in the company of his family, Henderson said in a press release.
'More and faster': UN calls to shrink buildings' carbon footprint
Countries must move rapidly to slash CO2 emissions from homes, offices, shops and other buildings -- a sector that accounts for a third of global greenhouse gas pollution, the United Nations said Monday.
AFP
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