Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival continental brands.

Artificial intelligence (AI) startup Perplexity on Friday expressed its interest in buying TikTok, which faces a deadline to divest from its Chinese owner or be banned in the United States.

Major tech firms are pushing the administration of President Donald Trump to loosen rules on building artificial intelligence, arguing it is the only way to maintain a US edge and compete with China.

Japanese inflation eased in February, government data showed Friday, with prices excluding fresh food rising 3.0 percent year-on-year in the world’s fourth-largest economy.

Tencent last year more than tripled its capital expenditure to $10.7 billion, or 12 percent of its top line

Remittance inflows surged by around 78 percent year-on-year in the first 19 days of March as migrant workers sent more money home to relatives ahead of Eid-ul-Fitr, the largest religious occasion in the country.

The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data that contrasted with warnings of a hit to hiring from employers upset about an imminent tax increase.

Storytelling is central to how we interpret economic events. We recall economic history through haunting images of anxious crowds waiting to take money out of banks during the Great Depression or dejected office workers carrying cardboard boxes out of Lehman Brothers in 2008. We gauge inflation by comparing shopping baskets with friends and family. We grapple with the consequences of artificial intelligence by channeling our hopes and fears into science fiction.

The second trade war between the United States and China has so far been more of a snack than a slap-up meal. President Donald Trump campaigned on a repeated promise to impose tariffs of 60 percent or more on imports from the People’s Republic. In office, however, he has so far raised levies by just 20 percentage points. Beijing has responded with targeted and asymmetric measures. If Trump escalates, China has a banquet of spicy options to choose from.

Six of the 12 companies are headquartered in the United States. The others are European, British, Australian and Brazilian multinationals.

Malaysia's signing of a major deal with British chip giant Arm this month was the latest step towards achieving the country's goal of producing its own top-end chips in the next five to seven years.

The last quarter of 2024 saw the economy expand by 5.4 percent, bringing the full calendar year's GDP growth to 5.0 percent, compared to a contraction of 2.3 percent in 2023.

As part of the initiative, the CPA arranged an 11-day training on the use of the IORIS platform

China’s BYD has unveiled a megawatt charging system that it says can charge an EV as quickly as filling up a fuel tank, and said it will build a network across China, igniting a new super charging race.

Says Veon Group CEO Kaan Terzioğlu in an interview with The Daily Star

In February, retail sales crept up by 0.2 percent from January to $722.7 billion, according to Commerce Department data.

The Beijing-based firm manufactures a diverse array of tech gadgets ranging from smartphones and laptops to rice cookers and air purifiers.

It is second duty cut in 10 days

"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump’s economic policies, which include spending cuts and sweeping tariffs.