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Xiaomi passes memory-chip inflation to consumers with higher Redmi K90 pricing
Xiaomi said on Friday that it had no choice but to raise smartphone prices after a brutal spike in memory chip costs drove production expenses way beyond what the company expected. The announcement ca...

Nio faces Singapore lawsuit for alleged revenue manipulation as shares plunge
Singapore’s sovereign wealth fund has launched a major lawsuit against Nio, claiming the Chinese electric vehicle maker manipulated its revenue reports and misled investors. Shares of Nio trading in H...

China ramps pressure on EV makers over door failures after fatal accidents
A deadly accident involving a Xiaomi electric car has sparked fresh concerns about modern door handle designs and is expected to speed up China’s efforts to introduce stricter safety rules. The driver...

Tesla ramps up Shanghai Gigafactory output as China sales rise 2.8%
Tesla Inc. has begun increasing production at its Shanghai Gigafactory in Q4. Tao Lin, China’s Tesla Vice President, confirmed on a Weibo post. The automaker also faces a slowing demand for its Cybert...

Xiaomi shares plunge 9% after fatal SU7 crash in Chengdu
Following a fatal car crash in Chengdu, China, involving Xiaomi’s SU7 EV, the company’s shares plunged by nearly 9%. The Xiaomi SU7 sedan’s accident brought back concerns about the safety of electric ...

BMW stock drops 8.5% in Europe after 2025 earnings outlook downgrade
BMW stock collapsed by 8.5% on Wednesday in Europe’s market close after the Munich-based automaker slashed its 2025 earnings outlook, according to data from Google Finance. The company said delays in ...

Chinese autonomous car firms rush into Europe
Chinese self-driving tech firms blocked from the U.S. market are moving fast into Europe, opening offices, signing data deals and testing cars on European roads. This has triggered warnings from local...

Xiaomi starts with showrooms in plan to take EU EV markets, from 2027
Xiaomi will begin selling electric vehicles in Europe by 2027, with plans already underway to lock down showroom spaces across the continent. The decision was confirmed by Xu Fei, vice president at th...

Xiaomi launched two new smartphones in Munich to rival Samsung
Chinese technology company Xiaomi revealed a collection of new smartphones and household items on Wednesday, marking a bold move to compete directly with Samsung in global markets. The company, based ...

Xiaomi to update driver-assist system after recalling 116K SU7 EVs
Xiaomi Corp., a Chinese multinational technology company, plans to release an over-the-air software update for its SU7 electric vehicles. This update aims to fix a flaw discovered in its advanced driv...

Apple's iPhone 17 lineup launches globally with long lines
Long lines formed across cities on Friday as the iPhone 17 officially launched in retail stores globally, with buyers showing up early in places like Beijing and Singapore. The launch follows a preord...

XRP’s Market Cap Beats Out Heavy Hitters In Climb Into 100 Top Global Assets — Here Are The Numbers
XRP has climbed back into the top 100 global assets by market cap, surpassing some notable names, following its reclaim of the psychological $3 level. This comes amid a broader crypto market rally, wh...