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Social media firms lose bid to stop expert testimony on how it harms youth

LA judge said testimony for all but one of 11 proposed witnesses could be presented at trial, but that all of the experts would be prohibited from discussing the intent of the social media companies

AI's $800 billion revenue shortfall threatens industry growth, says Bain

By 2030, AI companies will need $2 trillion in combined annual revenue to fund the computing power needed to meet projected demand, Bain said in its annual Global Technology Report

China floods global markets with cheap exports after Trump's tariffs

Countries locked in tariff talks with Trump are hesitant to spark another trade war with China, giving Beijing relief from US levies once expected to slash its annual growth rate

GQG sells some Adani Power shares to Citadel Securities, SBI Fund

GQG Partners sold about 35 million shares, or about a 1 per cent stake, with SBI Mutual buying most of the shares

US Banks to lean on India hubs as Trump imposes $100,000 visa fees

US lenders including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among the biggest employers of India's so-called global capability centers

Adani Group plans leverage cut, sees no dollar bond issue until 2027

The group's next foreign currency bond sale will likely be a dollar bond, said group Chief Financial Officer Jugeshinder Singh

JPMorgan sees India as 'bright spot' despite Trump tariff concerns

India has borne the brunt of policy changes by the US administration, with a 25 per cent reciprocal levy on the country being doubled because of its purchases of Russian oil

Trump's H-1B visa fee hike poses risk to India's remittances, rupee

The potential dent in remittances could put further pressure on the rupee, which has already been among Asia's worst performers

India faces heavy price as Trump's H-1B visa fee hike hits IT sector, jobs

Indians account for more than 70 per cent of all H-1B visas. A steep $100,000 entry fee, paid by employers, for every worker entering the US under the programme will effectively gut it

Nissan revamps ProPilot system to rival Tesla driver-assist technology

The Japanese automaker says the most advanced iteration of its driver-assist technology will be on par with Tesla Inc.'s Full Self-Driving

South Asia lived with inequality. Then 'nepo babies' fuelled public outrage

South Asia stayed calm as the upper-middle class aspired to a globalised life, but slowing growth, tech shifts, and travel limits, amplified by TikTok and Instagram, are stoking frustration

Africa stands out as a hotspot of China's rising global influence

China's growing influence in Africa is boosting its popularity, securing access to critical minerals, and investing in EV battery production, outpacing Western rivals in the resource race

China's consumer price wars hit Botox and skincare, driving costs down

China's $38 bn medical aesthetics sector may face a price war, following trends in other industries that gave shoppers 50-cent meals and $4,200 electric vehicles, pushing costs sharply down

China's EV boom burdens auto insurers with mounting, chronic losses

Over the past year, some Chinese insurers have hiked premiums or backed away from selling EV policies, leaving vehicle owners struggling to find affordable coverage

Govt plans 'bodyguard' satellites after risky near-miss in orbit

The government wants to develop so-called bodyguard satellites to identify and counter threats to orbiting spacecraft

Trump's $100K H-1B visas alarm skilled immigrants aiming for US jobs

Trump's H-1B visa announcement jolted firms that have long relied on it to bring in global talent, especially in California's tech-heavy economy that relies on trained programmers, analysts, engineers

Taliban rejects Trump's demand to return Bagram air base to US control

Trump has long criticised his predecessor Joe Biden over the tumultuous US withdrawal from Afghanistan

New World's Adrian Cheng launches ALMAD to tap digital, tokenised assets

The move marks the latest chapter in the career of one of Hong Kong's best known property executives

Trump renews pressure on European countries to stop buying oil from Russia

The EU has already passed a ban that will prohibit importing petroleum products refined from Russia crude starting next year

Chinese savers have $23 trillion with few attractive options beyond stocks

So far, retail investors haven't driven the rally - local institutions and foreign inflows have, according to Goldman Sachs Group Inc