BUSINESS

Foreign Carmakers Strive For 'China Speed' To Stay In Race

The most innovative Chinese manufacturers spend less than a third of that spent by traditional competitors to develop new vehicles, a recent Bain & Company report says
In fluid synchronisation, dozens of robotic arms picked up metal parts and welded them onto vehicle beds, as car skeletons gradually took shape and progressed along an automated factory floor near the eastern Chinese city of Ningbo.
Chinese startup DeepSeek shook up the AI world in January with its R1 chatbot, matching the performance of its US competitors at a lower cost

Xi Says China Must 'Overcome' AI Chip Challenges

President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry.
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An explosive device ripped through a parked car killing a senior Russian general

Russian General Killed By Car Bomb Near Moscow

An explosive device ripped through a parked car near Moscow on Friday killing a senior Russian general, investigators said, in an attack that resembled previous killings claimed by Ukraine.
An electronic board shows the Nikkei 225 index on the Tokyo Stock Exchange at an office building in Tokyo

Asia Stocks Rise In Wake Of Wall Street Rally

Asian stocks climbed on Friday, buoyed by a rally on Wall Street, strong earnings from Google parent company Alphabet, and the prospect of diffusing tensions in US President Donald Trump's trade war.
Relegated Southampton have just 11 points after 33 Premier League games

Liverpool Braced For Premier League Title Party

Liverpool have one hand on the Premier League trophy as they seek the solitary point they need against struggling Tottenham on Sunday that would guarantee a record-equalling 20th English title.
President Donald Trump seeks to boost US deep-sea mining in part to counter China's dominance in the burgeoning industry

Trump Signs Order To Ramp Up US Deep-sea Mining

President Donald Trump signed an executive order Thursday to expand US deep-sea mining for rare earth minerals in domestic and international waters, despite warnings by environmental groups.
Sales of previously-owned US homes fell 5.9 percent in March according to industry data, more than analysts expected

US Existing Home Sales See Biggest Drop Since 2022

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on affordability for homebuyers.
Interest has been huge for the game, according to the company

French Independent Studio's First Video Game Draws Fans

Independent French studio Sandfall Interactive's first video game "Clair Obscur: Expedition 33" launched worldwide on Thursday but has already built up a solid community of fans eager to discover its post-apocalyptic fantasy world.

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