Showing 1 - 10 of 302
Musk merges his AI business into SpaceX
AFP, Published on 03/02/2026
» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
Tesla tells suppliers to avoid China-made parts for US cars
Reuters, Published on 15/11/2025
» Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, the Wall Street Journal reported on Friday.
AI bubble fears, US rate outlook subdue bourses
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 08/11/2025
» RECAP: Most Asian equities declined on Friday at the end of a volatile week, amid mixed signals from the US Federal Reserve about the interest rate outlook, while tech-heavy markets fell on worries about stretched AI company valuations.
Japan enters the EV race
News, Karnjana Karnjanatawe, Published on 06/11/2025
» Japan's major automakers have unveiled a new generation of electric vehicles (EVs) at the rebranded Japan Mobility Show, marking a significant moment in the country's drive to reclaim its leadership in global mobility technology.
Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
Reuters, Published on 21/10/2025
» HANOI/TOKYO — The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a US$4.6 billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter.
Asian stocks track bank-led losses on Wall Street
Business, Nuntawun Polkuamdee, Published on 18/10/2025
» RECAP: Asian stocks tracked losses on Wall Street yesterday, as worries about credit quality led to a rout in US regional banking shares. Concerns about trade tensions, a possible tech bubble and the US government shutdown also persisted.
Elon Musk’s fortune tops $500 billion
Reuters, Published on 02/10/2025
» Tesla CEO Elon Musk on Wednesday became the first person ever to achieve a net worth of $500 billion, propelled by a rebound in the EV company’s shares and surging valuations of the tech entrepreneur’s other companies.
Chinese carmaker BYD cuts prices amid falling sales at home
Reuters, Published on 25/09/2025
» BEIJING — Chinese electric vehicle (EV) giant BYD (Build Your Dreams) is offering 10,000 yuan (US$1,403.80) discounts on some variants of its second-generation Qin Plus sedans until the end of 2025, the company said in a social media post on Thursday.
Malaysian carmaker Proton launches first EV plant
Reuters, Published on 04/09/2025
» KUALA LUMPUR — Malaysian automaker Proton launched its first electric vehicle assembly plant on Thursday, as the Southeast Asian nation looks to boost development of its electric vehicle (EV) industry.
Luxury carmaker Lotus to slash UK jobs amid US tariffs
AFP, Published on 29/08/2025
» LONDON — Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs.