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More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
More than 1 in 5 cars sold on Earth this year will be electric
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
  • Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).

  • The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.

  • The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
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Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
Chinese Stocks Draw Record $3 Billion Influx by Global Funds
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China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
China tea chain ChaPanda sinks in Hong Kong IPO as market sours
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
  • Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.

  • The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
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Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Spot the difference: Hong Kong chef's tattered tee resembles $1 ...
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Hermes Defies Luxury Slowdown With Sales Jump in Asia: Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a ...
bloomberg.com/news/articles/2024-04-25/hermes-defies-luxury-slowdown-with-sales-jump-in-asia
Hermes Defies Luxury Slowdown With Sales Jump in Asia
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Boeing aims to bring flying cars to Asia by 2030: TOKYO -- U.S. aircraft manufacturer Boeing plans to enter the flying car business in Asia by 2030 ...
asia.nikkei.com/Business/Transportation/Boeing-aims-to-bring-flying-cars-to-Asia-by-2030
Boeing aims to bring flying cars to Asia by 2030
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China's distressed property developers reveal wave of job cuts: HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and ...
asia.nikkei.com/Business/Markets/China-debt-crunch/China-s-distressed-property-developers-reveal-wave-of-job-cuts
China's distressed property developers reveal wave of job cuts
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As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
As Blinken Heads to China, What’s on the Agenda?
Quick Glance: Blinken Discusses Key Issues with China
  • USA and China discuss global conflicts and tensions in Shanghai and Beijing.

  • Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.

  • Calls for China to exert influence on Iran and maintain stability in the region.

  • Disputes over human rights, synthetic opioids, and illegal activities.
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UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea: UBS Group AG raised its recommendation on a key Chinese stock index to overweight in a rare ...
bloomberg.com/news/articles/2024-04-23/ubs-upgrades-china-stocks-to-overweight-cuts-taiwan-and-korea-lvboqewq
UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea
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Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints
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Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival: Hong Kong Exchanges and Clearing Ltd. is having its best week in years.
bloomberg.com/news/articles/2024-04-26/hong-kong-bourse-regains-favor-on-hopes-of-a-market-revival
Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival
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Japan and India to be next AI hotspots: Vinod Khosla: PALO ALTO, California -- Artificial intelligence innovations are diverse, and related business ...
asia.nikkei.com/Business/Technology/Japan-and-India-to-be-next-AI-hotspots-Vinod-Khosla
Japan and India to be next AI hotspots: Vinod Khosla
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Singapore's Temasek and BlackRock venture closes $1.4bn climate fund: SINGAPORE -- A joint venture between Singapore state investor Temasek Holdings and ...
asia.nikkei.com/Spotlight/Environment/Climate-Change/Singapore-s-Temasek-and-BlackRock-venture-closes-1.4bn-climate-fund
Singapore's Temasek and BlackRock venture closes $1.4bn climate fund
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China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
China Is Front and Center of Gold’s Record-Breaking Rally
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Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub ...
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China Tells Brokers to Limit Exposure to ‘Snowball’ Derivatives: China is moving to curb “snowball” derivatives after brokers hiked returns to near-record levels ...
bloomberg.com/news/articles/2024-04-24/china-tells-brokers-to-limit-exposure-to-snowball-derivatives
China Tells Brokers to Limit Exposure to ‘Snowball’ Derivatives
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UK Foreign Secretary’s Visit to Central Asia and Mongolia: An Urgent To-Do List    
thediplomat.com/2024/04/uk-foreign-secretarys-visit-to-central-asia-and-mongolia-an-urgent-to-do-list/
UK Foreign Secretary’s Visit to Central Asia and Mongolia: An Urgent To-Do ...
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China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
China's largest auto show showcases all-electric future, local brands ...
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China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - Bloomberg: Chinese stocks listed in Hong Kong are poised for their best week versus mainland ...
bloomberg.com/news/articles/2024-04-26/china-stocks-in-hong-kong-trounce-onshore-peers-as-tech-rallies
China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - ...
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How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
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How China Can Keep the Global Electric Vehicle Market Aloft
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Indian brands MDH, Everest spices banned in Hong Kong, Singapore; here's why - News | Khaleej Times
khaleejtimes.com/world/indian-brands-mdh-everest-spices-banned-in-hong-kong-singapore-heres-why
Indian brands MDH, Everest spices banned in Hong Kong, Singapore; here's ...
Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls
  • Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.

  • An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.

  • The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.

  • According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.