Page 66 - Bloomberg/reuters

BYD sees first profit drop in 3 yrs, showing no automaker safe in price war

Automaker blamed 'industry malpractices' and 'excessive marketing' for pressuring its bottom line - an ironic twist considering BYD has been a major driver of the price war

Mitsubishi Heavy to double gas turbine capacity as global demand surges

The decision comes at a time when demand for gas turbines has increased globally, due to the proliferation of data centers, new manufacturing and continued electrification

South Korea exports stay solid on chip demand despite Trump tariffs

Overseas shipments gained 1.3 per cent in August from a year earlier, customs data showed Monday, following a 5.8 per cent increase in July

China's defence expansion in Southeast Asia fuels new superpower rivalry

On Wednesday, Xi will host the Russian president again, along with North Korea's leader, Kim Jong Un, at a parade to mark the 80th anniversary of the end of World War II

China's top banks under strain from rising loan losses, shrinking margins

The lenders, led by Industrial & Commercial Bank of China Ltd., reported falling or weak earnings for the first half of 2025 as they continued to pump out new loans to China's struggling consumers

China says improving ties with India serves interests of both nations

Beijing and New Delhi ties have warmed since Xi-Modi meet in Kazan last October, with steps to ease border tensions and PM Modi's first China visit in seven years this weekend

Trump's 50% tariffs on India risk straining bilateral ties beyond trade

India may resent Trump's tariffs, but with careful diplomacy they could be seen as temporary steps to rebalance ties while reforms and openness progress at India's own pace

When AI feels too human: Teen suicide lawsuit puts ChatGPT on trial

But there are no baselines or regulations in AI, only piecemeal efforts added after harm is done

India holds informal talks with US, rules out retaliation for now

While talks on a bilateral trade deal have been postponed, the two countries continue to communicate on critical issues, including defense and foreign policy

Indian economy likely grew solidly before Trump tariffs hit outlook

India's gross domestic product probably expanded 6.7 per cent in the three months to June, the first quarter of the financial year, according to the median estimate in a Bloomberg survey

Why Sam Altman should make ChatGPT less entrancing, and less of a confidant

ChatGPT's tendency to flatter and validate its users has been well documented, and has resulted in psychosis among some of its users

Kim Jong Un's China trip signals shifting dynamics in nuclear diplomacy

For Kim, the visit will mark his debut on a multilateral diplomatic stage since taking power 14 years ago, showing his confidence backed by the partnership with Russia and his growing nuclear arsenal

Zuckerberg raised digital tax concerns with Trump before tariff vow

Trump and Zuckerberg discussed the threat of digital service taxes, which are imposed on the revenue that tech companies get from users in a particular country

US chokes off e-commerce tsunami by closing 'de minimis' loophole

A US trade provision dating to the 1930s, which eventually cleared the way for more than a billion small parcels each year, ends on Friday

Trump order barring Harvard foreign students not retaliatory, says US

Harvard has been the main target of Trump's efforts to force universities to crack down on antisemitism, remove perceived political bias and eliminate diversity, equity and inclusion programmes

Lisa Cook hints at possibility of 'clerical error' behind mortgage dispute

Cook sued Thursday to block Trump's "illegal attempt," saying he's using a phony pretext that doesn't amount to sufficient "cause" to remove her from the US central bank

PM Modi to secure $68 bn Japan investment, boost AI, chip ties during visit

During PM Modi's visit to Japan, the two sides are also expected to step up plans on defense cooperation, with New Delhi focusing on transfer of technology and jointly developing military hardware

US tariff hike, Russian oil deals cloud Reliance's annual investor meet

Shareholders will certainly be looking out for details on the much-anticipated listings of Reliance's telecoms and retail operations, plus prospect for outside investment into clean energy business

Federal Reserve Governor Lisa Cook sues Trump over attempt to fire her

Cook filed the suit Thursday in federal court in Washington, following through on a vow to fight to finish her term that expires in 2038

US govt puts GDP data on the public blockchain in Trump's crypto push

The move, as described by Commerce Department officials, will create another avenue - not a replacement - for publishing the economic data