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Shein reprimand: The EU has told the Singapore-based ecommerce firm it could face fines unless it clamps down on consumer law violations on its platform. French diplomacy: Emmanuel Macron is spearheading the latest effort by European leaders to woo Southeast Asian nations worried about becoming collateral damage in the US trade war and security disputes between Washington and Beijing. Not just Tesla: European car sales dipped in April as weaker economic growth and uncertainty due to global trade tensions prompted consumers to hold off on larger purchases. | |
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Chinese EV stocks tumbled on Monday after industry leader BYD Co. introduced sweeping price cuts of as much as 34%. To kickstart sluggish consumer demand — made worse by China's broader economic malaise — automakers in the world's biggest car market have slashed sticker prices. Even so, stock levels at dealerships last month reached 3.5 million cars, or 57 inventory days. | |
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Asia AI reporter Saritha Rai visited Singapore recently for a peek at local initiatives to craft large language models tailored for the diverse Southeast Asia region. What she found was an emphasis on small, light and affordable LLMs, designed to make the most of limited computational resources and imperfect internet connectivity. | |
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