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WORLD

100 days later, US federal workers navigate post-Musk wreckage

AFP, Published on 15/09/2025

» WASHINGTON - Roughly 100 days after Elon Musk's dramatic departure from the Trump White House, federal workers are still grappling with the lasting damage from his Department of Government Efficiency (DOGE).

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GENERAL

Musk's xAI lays off hundreds of data annotators

Reuters, Published on 13/09/2025

» BENGALURU — Elon Musk's xAI has laid off at least 500 workers from its data annotation team, which helps develop the company's Grok chatbot, Business Insider reported on Friday.

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WORLD

Oracle chief Ellison challenges Musk for ‘world’s richest’ title

AFP, Published on 11/09/2025

» NEW YORK - Billionaire Elon Musk is at risk of losing his title as the world's wealthiest person to Oracle co-founder Larry Ellison, whose software giant appears poised for massive AI riches through a major deal with OpenAI.

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MOTORING

China to have 300,000 driverless taxis

South China Morning Post, Published on 29/08/2025

» SHANGHAI — China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by advancements in artificial intelligence (AI) and its highly competitive electric vehicle (EV) sector, UBS said on Thursday.

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GENERAL

Agency highlights promising innovations

Business, Published on 14/08/2025

» Turquoise hydrogen, eco-friendly rice, and humanoids are among the leading innovations to watch out for this year, according to the National Science and Technology Development Agency (NSTDA).

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WORLD

Indians angered by tariffs call for boycott of US goods

Published on 11/08/2025

» NEW DELHI - From McDonald’s and Coca-Cola to Amazon and Apple, US-based multinationals are facing calls for a boycott in India as business executives and supporters of Prime Minister Narendra Modi stoke anti-American sentiment to protest against US tariffs.

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GENERAL

Chinese carmakers reduce discounts after Beijing's warning, but no end in sight to price war

Published on 08/08/2025

» Chinese carmakers have refrained from offering steep discounts to align with Beijing's efforts to protect a vital industry, but an end to the prolonged price war remains elusive, as the sector grapples with overcapacity and weak consumer demand for high-ticket items.

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MOTORING

Tax shift props up the auto industry

Wichit Chantanusornsiri, Published on 02/08/2025

» Former prime minister Thaksin Shinawatra said during a recent conference that the government should impose a high excise tax on imported electric vehicles (EVs) that use a low proportion of local content.

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GENERAL

Investors lock in profits before tariff deadline

Business, Published on 26/07/2025

» RECAP: Asian shares eased back on Friday, with Japanese markets retreating from a record peak, as investors locked in profits ahead of a crucial week that includes US President Donald Trump's tariff deadline.

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GENERAL

To go far, go EV

Business, Published on 25/07/2025

» At the time of writing, the S&P 500 Index is trading at a fresh all-time-high, up 6.3% for the year to date after being down almost 18% at one point in early April. The 10-year US Treasury yield is around 4.3%, up from levels slightly below 4% in early April.