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Hyundai plots SUV rollout in India as local competition mounts ahead of IPO

The SUV rollout will begin with its first India-made electric vehicle early next year

US govt funding yields hundreds of patents for China-based researchers

According to the patent office, the agency granted 1,020 patents from 2010 through the first quarter of 2024 that were both funded at least in part by the US government

Thousands evacuated as cyclone builds off India, Pakistan's coast

More than 18,000 have been evacuated since Sunday from cities near the coast, disaster management authorities said

HSBC wealth chief Matos leaves as new CEO Elhedery shakes up team

HSBC aims to double the assets under management in its British wealth business to 100 billion pounds

China to continue with low-carbon electricity reforms: Energy regulator

The world's second-biggest economy has emerged as a global leader in the transition to renewable energy

Lawyer for Telegram CEO Pavel Durov dismisses allegations as absurd

Paris prosecutor Laure Beccuau said in a statement the judge found there were grounds to formally investigate Durov

Chinese regional banks' investment revenues soar even as lending falters

Chinese lenders are still facing challenges such as narrow margins and low loan rates

Axis Bank to raise funds through infra bonds, may announce issue in Sept

The Indian government's strong capital expenditure push, with budget allocation at a record Rs 11.11 trillion ($132.40 billion), is prompting banks to raise funds

British film investors aim to revive studio plan amid push for growth

Marlow Film Studios said it would appeal to a national planning body after the proposed new studio complex was rejected

China invests $6.1 billion in computing data center project, says official

China's massive investment in computing comes as it faces increasing restrictions from the United States

South Korea's Prez pledges urgent reform of $830 bn public pension fund

Yoon said there had been a loss of confidence in the pension system across generations

Govt bond yields steady, benchmark holds above 6.85% as traders await data

Fed Chair Jerome Powell had last week delivered his strongest signal that interest rates will come down in September

US, Chinese officials to conclude talks on Taiwan, military communication

Sullivan is expected to press for enhanced working-level military to military communications

EU new car sales flat in July as battery EVs lose market share, says ACEA

Improvements in the Belgian, Dutch and French electric-vehicle (EV) markets failed to offset a drop of almost 37 per cent in sales

Nations building their own AI models add to Nvidia's rising chip demand

Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue

Asian shares track Wall Street futures lower as Nvidia's results disappoint

Investors now await US weekly jobless claims, which have gained prominence

Nvidia's quarterly forecast fails to impress investors, shares fall

The revenue and gross margin forecast for the current quarter were not far from analysts' expectations

Mexico to debate judicial reform next week amid ongoing diplomatic tensions

Canada's government said that it respects Mexico's sovereignty but that investors have expressed concern over the reform

South Korean lithium battery maker CEO arrested over deadly fire incident

Park Soon-kwan, the CEO of Aricell, which is majority owned by S-Connect, apologised after the fire

Qantas announces $271 mn share buyback plan despite annual profit dip

Qantas expects its fuel costs in the first half of fiscal 2025 to be in line with the year-ago level at $2.7 billion