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New Business

Sci-fi to reality: Chinese EV makers outpace Tesla in the autonomous-driving race

Last week, Yale Dong finally got his chance to test Tesla’s much-heralded Full Self-Driving (FSD) autonomous navigation feature in China.…

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New Business

Macroscope | How Trump’s reckless policies could trigger a financial crisis

How much does politics matter to financial markets? Many investors believe political risk has a stronger bearing on sentiment towards…

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New Business

BYD beats Tesla again as sales top US$100 billion on surging EV deliveries

Chinese electric-car (EV) maker BYD is setting new sales milestones in its global rivalry with Tesla, after snatching its crown…

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New Business

China mathematicians crack century-old puzzle, BlackRock in spotlight: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond…

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New Business

China’s latest satellite launch is a milestone for its commercial space sector

China’s launch of a cluster of 18 satellites from a new commercial spaceport on the tropical island province of Hainan…

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New Business

Tesla pins hope on refreshed Model Y to regain share after sales dive in China

Tesla has received massive orders for its refreshed Model Y SUV in mainland China, a major boost for the US…

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New Business

Trump announces plans to buy Tesla in show of support for Elon Musk amid scrutiny

US President Donald Trump announced on March 11, 2025, that he will buy a “brand new Tesla” to show his…

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New Business

Trump says 4 bidders in play for TikTok’s US business in deal expected ‘soon’

US President Donald Trump said on Sunday he was negotiating with four different possible buyers for TikTok’s operations in America…

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New Business

Trump declines to rule out 2025 US recession; commerce secretary says ‘absolutely not’

US President Donald Trump declined on Sunday to rule out the possibility that the United States might enter a recession…

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New Business

Tesla’s February sales slump in China as buyers turn to domestic rivals BYD, Xiaomi, Xpeng

Tesla continued to lose market share on the mainland to its Chinese rivals in February, as sales plunged more than…

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