12 h. ago Tesla to award Musk an unparalleled $1 trillion depending on performance

Tesla’s board has proposed a US$1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently said he needs more of a stake in the company, even as a legal battle over his 2018 pay package – then valued at a mere US$56 billion – continues. The regulatory filing puts Musk on a different plane...

Events

12 h. ago Tesla to award Musk an unparalleled US$1 trillion depending on performance

Tesla’s board has proposed a US$1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently said he needs more of a stake in the company, even as a legal battle over his 2018 pay package – then valued at a mere US$56 billion – continues. The regulatory filing puts Musk on a different plane...

Events

15 h. ago Hong Kong must be louder on trade to fight off threat of Trump protectionism

Few economies depend as heavily as Hong Kong on a free and open multilateral trading system. Few have as much to lose if the current US administration succeeds in disembowelling the World Trade Organization and miring international trade in tariffs and other forms of protectionism. Yet as the global trading system faces a protectionist assault, Hong Kong’s voice is nowhere to be heard. Our economy has a vested interest in pushing back against the chaotic trade protectionism that US President...

Politics

17 h. ago Japan star in dreamland as Jackie Chan blesses her baby bump with ‘miracle’ touch

A lifelong dream came true for Japanese anime icon Shoko Nakagawa, who is nine months pregnant with twin boys, when she met her idol, the legendary Jackie Chan. Chan blessed her baby bump with a heart-shaped kiss in a moment that quickly went viral online. Nakagawa, 40, who is affectionately known as “Shokotan”, is widely recognised as an anime icon and boasts over 345,000 followers on a major social media platform. She is best known as the host of Pokémon Sunday and as the performer of the...

Politics

17 h. ago Japan star in dreamland as Jackie Chan blesses baby bump with ‘miracle’ touch

A lifelong dream came true for Japanese anime icon Shoko Nakagawa, who is nine months pregnant with twin boys, when she met her idol, the legendary Jackie Chan. Chan blessed her baby bump with a heart-shaped kiss in a moment that quickly went viral online. Nakagawa, 40, who is affectionately known as “Shokotan”, is widely recognised as an anime icon and boasts over 345,000 followers on a major social media platform. She is best known as the host of Pokémon Sunday and as the performer of the...

Politics

22 h. ago Top China athlete praised for looks, talent says she embodies strength, beauty

Rising Chinese high jump star, Shao Yuqi, has gone viral for her athletic performance and striking appearance. The athlete has also attracted attention and praise for challenging traditional beauty stereotypes in sport. On August 1, Shao, 23, from the Hubei provincial track and field team based in central China, claimed the women’s high jump title at the 2025 Chinese National Athletics Championships with a leap of 1.90 metres. Following her victory, Shao went viral on mainland social media for...

Events

23 h. ago Japan’s ‘house of cards’: Ishiba clings to power as hawks demand LDP election

Japanese Prime Minister Shigeru Ishiba is presiding over a political “house of cards” that analysts say is looking more shaky every day, as he continues to resist growing calls from within the ruling Liberal Democratic Party (LDP) to step down. This week, the chorus demanding Ishiba’s resignation grew louder after the LDP released an internal report examining its dismal performance in July’s Upper House election. The party lost 18 seats, leaving it short of a parliamentary majority even with its...

Politics

36 h. ago Huawei unveils new trifold smartphone before Apple’s iPhone 17 reveal

Huawei Technologies has launched the Mate XTs – its second trifold smartphone, which is more affordable than its predecessor – just five days before Apple is set to unveil its new iPhone 17 series. Powered by Huawei’s self-developed Kirin 9020 chipset and running on the company’s proprietary HarmonyOS ecosystem, the Mate XTs boasted a 36 per cent performance improvement, Richard Yu Chengdong, chairman of Huawei’s consumer business group, said during the launch event in Shenzhen on Thursday. The...

Politics

38 h. ago Chinese companies could start making money from AI agents next year, UBS says

Chinese companies could start making money from their artificial intelligence agents – software systems that use AI to autonomously plan and perform complex tasks for users – as soon as next year, according to UBS. “2026 is the year of agent monetisation in China,” said Sundeep Gantori, an equity strategist at UBS Global Wealth Management CIO, on Thursday. As advanced models like DeepSeek’s R2 become more sophisticated, “we expect to see more monetisation”, he added. AI agents are widely...

Politics

3 d. ago Hong Kong auxiliary policeman arrested for alleged indecency while driving cab

An off-duty Hong Kong auxiliary police officer has been suspended from duty after he was arrested for allegedly performing an indecent act while driving a taxi in Causeway Bay. The man, 57, was transporting a female passenger when she reportedly noticed his alleged indecent act as the taxi drove along the Canal Road flyover. When she arrived at her destination in Happy Valley, the woman, 55, alerted police officers nearby, saying the driver had allegedly been masturbating. The driver was...

Events

3 d. ago Will Tesla's Latest Price Cut Help It Regain Momentum in China?

Will Tesla's Latest Price Cut Help It Regain Momentum in China?  Yahoo Finance

Economics

3 d. ago Tesla Rivals XPeng, Nio Report Record China EV Sales; Nio Swings On Earnings

Tesla Rivals XPeng, Nio Report Record China EV Sales; Nio Swings On Earnings  Investor's Business Daily

Politics

3 d. ago Hong Kong education minister open to international version of DSE exams

Hong Kong’s education minister has said she is open to developing an international version of the city’s university entrance exams, but details such as the implementation of electronic testing still need to be discussed. Secretary for Education Christine Choi Yuk-lin told the Post in an exclusive interview that the decision to internationalise the Diploma of Secondary Education (DSE) exams could depend on the availability of resources and demand. Choi said that she had adopted an open attitude...

Politics

3 d. ago Hong Kong drama school affirms respect for Candace Chong over ‘red lines’ concern

The Hong Kong Academy for Performing Arts (HKAPA) has said it respects Candace Chong Mui-ngam’s contributions and has reached out to her after the outspoken playwright accused it of censoring her remarks for an anniversary promotion drive. But the academy did not explain on Tuesday why it had refrained from publishing an interview with Chong for a social media campaign to mark its 40th anniversary this year, prompting the award-winning playwright to write an open letter. In the letter, which was...

Events

4 d. ago Trump to award Rudy Giuliani the Presidential Medal of Freedom

US President Donald Trump said Monday he will award former New York mayor Rudy Giuliani the Presidential Medal of Freedom, the nation’s highest civilian honour, two days after his long-time political ally was seriously injured in a car crash. The decision places the award on a man once lauded for leading New York after the September 11, 2001, attacks and later sanctioned by courts and disbarred for amplifying false claims about the 2020 election. Giuliani was also criminally charged in two...

Politics

4 d. ago Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump

Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump  Electrek

Economics

4 d. ago EV Sales Stay Strong in China. Why Profitability Is a Worry For Tesla, BYD, NIO, Others.

EV Sales Stay Strong in China. Why Profitability Is a Worry For Tesla, BYD, NIO, Others.  Barron's

Economics

4 d. ago Tesla Rivals XPeng, Nio Report Record China EV Sales; Xiaomi, Li, BYD Also Out

Tesla Rivals XPeng, Nio Report Record China EV Sales; Xiaomi, Li, BYD Also Out  Investor's Business Daily

Politics

4 d. ago BYD Stock Plummets. How China’s EV Price War Tanked Tesla Rival’s Earnings.

BYD Stock Plummets. How China’s EV Price War Tanked Tesla Rival’s Earnings.  Barron's

Events

4 d. ago Tesla sees exodus of South Korean retail investors as crypto’s allure rises

South Korea’s retail investors are losing faith in Tesla’s stock, ramping up their selling last month amid growing disillusionment with the electric carmaker and rising interest in cryptocurrencies. Individual investors in South Korea sold a net US$657 million of Tesla stock in August, the largest outflow since at least early 2023, according to Bloomberg calculations of depository data. Investors have instead favoured even more volatile bets such as Bitmine Immersion Technologies, seen as a...

Economics