Day: January 2, 2026
China’s BYD poised to overtake Tesla as world’s top EV seller for the first time
Imported BYD vehicles are parked at a port on March 27, 2025 in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Chinese auto giant BYD on Friday is expected to dethrone U.S. rival Tesla as the world’s biggest seller of electric vehicles on a calendar-year basis. The milestone would cap an extraordinary […]
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China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time
HANGZHOU, China — In what is sometimes dubbed China’s Silicon Valley, tech giants and startups in Hangzhou are racing to build cutting-edge chips, robotics and brain-computer interfaces. Across town, aspiring founders are creating AI pets and fortune-telling apps. The city on China’s southeastern coast is reinventing itself as an artificial intelligence hub. A year after the […]
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European stocks poised to start 2026 in positive territory; gold and silver prices rally
European markets were set to open slightly higher on Friday, kicking off the first trading day of the year in positive territory. The U.K.’s FTSE 100 index was on track to open up around 0.2%, according to IG, with Germany’s DAX, France’s CAC and Italy’s FTSE MIB also poised to open at least 0.2% higher. […]
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Shares of KFC and Pizza Hut Indian operator Devyani jump on merger with rival franchisee Sapphire
CITY CENTER, KOLKATA, WEST BENGAL, INDIA – 2019/06/26: Pizza hut outlet at City Center Shopping Mall of Kolkata . (Photo by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of KFC and Pizza Hut Indian operator Devyani International rose as much as 5.3% after it announced plans to merge […]
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Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Chinese tech giant Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it […]
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Singapore economy jumps 5.7% in fourth quarter, beating expectations on strong manufacturing
Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute. Calvin Chan Wai Meng | E+ | Getty Images Singapore’s economy expanded 5.7% year on year for the fourth quarter, driven mainly by a sharp increase in manufacturing output during the three months through December. The Ministry of Trade […]
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Asia-Pacific markets set to start 2026 on a mixed note
People celebrate the New Year at the Bank of China building in Central in Hong Kong, China, January 1, 2026. Lam Yik | Reuters Asia-Pacific markets are set to open mixed Friday to kick off the new year. All three major indexes in the U.S. pulled back on New Year’s Eve, but still clocked gains […]
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