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China says humanoid robot buzz carries bubble risk
China says humanoid robot buzz carries bubble risk
Economy
by  AFP

More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing futuristic industry, a Beijing official has warned. More than half of China's 150 humanoid robot companies -- a figure still increasing -- are "startups or 'cross-industry' entrants, which is a good thing for innovation", Li said.

Asian markets struggle to build on week's rally
Asian markets struggle to build on week's rally
Economy
by  AFP

Markets fluctuated Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month. The yen swung against the dollar after data showed inflation in Tokyo, seen as a bellwether for Japan, came in a little higher than expected, reigniting talk on whether the central bank will hike interest rates in the coming months.