Xiaomi preps for fierce EV race with new SUV line, long-range battery tech

Xiaomi, the smartphone vendor that has become one of Tesla’s biggest challengers in mainland China after entering the electric vehicle (EV) market, has doubled down on research and development to combat a slowdown in domestic sales.
The Beijing-based tech giant announced on Thursday it would assemble and sell models under a new sport-utility vehicle (SUV) line known as Sky Nomad, a product range analysts said would be likely to include extended-
North Korea’s premier heads to China for defence treaty anniversary as allies extend thaw
North Korean Premier Pak Thae-song will arrive in China on Friday for a three-day trip to mark the anniversary of a friendship treaty between the two countries, in another sign of improving ties between the two traditional allies.
This year is the 65th anniversary of the signing of the China-North Korea Treaty of Friendship, Cooperation, and Mutual Assistance, Beijing’s only formal defence pact, and Pak will be at the head of a party and government delegation.
“China and North Korea are traditional
US-Iran ceasefire collapse revives risks of global inflation
Indonesia blocks 4.8 million underage social media accounts but are kids any safer?

176 suspected child abuse cases in 5 months after start of new reporting regime
Hong Kong authorities have recorded 176 reports of suspected child abuse involving 188 children in just over five months of the city’s new mandatory reporting regime, with sexual abuse accounting for the largest share of total victims.
Secretary for Labour and Welfare Chris Sun Yuk-han revealed on Thursday the number of reports logged by the end of last month since the requirement for 25 professions to report serious suspected child abuse took effect on January 20.
Out of the 188 children allegedly harmed in 1
Super Typhoon Bavi: dozens of Hong Kong flights cancelled as storm nears Taiwan
Dozens of outbound flights from Hong Kong to Taiwan, mainland China and Japan originally scheduled for later this week have been cancelled due to Super Typhoon Bavi, with some local carriers offering special arrangements for affected passengers.
A South China Morning Post check found that more than 40 flights – operated by Cathay Pacific Airways, HK Express, Hong Kong Airlines and Greater Bay Airlines – had been cancelled and 10 delayed to Sunday. The affected routes span destinations ranging from Taipei to Okinawa.
Cathay Pacific, its budget arm, HK
Investors have more to worry about than yen bears on the hunt

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm.
Malaysia, Thailand make peace over seafood dispute after Anwar and Anutin meet

In May, Thailand restricted the import of Malaysian-caught sea bass due to concerns over chemical residues, prompting Kuala Lumpur to temporarily ban some varieties of Thai shrimp over food safety controls last month.
AI and economy fuel stress for 40% of DSE candidates: Hong Kong youth group poll
Fewer Hong Kong university entrance exam candidates reported high stress levels compared with last year, but nearly 40 per cent cited artificial intelligence (AI) and the economic outlook as their top sources of pressure, a survey has found.
Releasing the findings of its “Further Education Planning Survey” on Thursday, the Hong Kong Federation of Youth Groups attributed the pressure to concerns that AI would increasingly replace entry-level jobs.
The poll surveyed 1,241 secondary students, including 445 candidates for the Diploma of

Chinese AI labs pursue custom chips to lower costs but heavy upfront investment a risk
Chinese AI labs are increasingly pursuing proprietary chips, mirroring a global trend towards software-hardware integration, but industry insiders and analysts warn that the strategy carries risk due to the massive upfront investments required.
“The core motivation for choosing in-house chips lies in pursuing [greater] hardware-software synergy and lowering long-term operating costs,” said Arisa Liu, chief director and research fellow at Taiwan Industry Economics Services.
Paul Triolo, a partner and technology policy lead at DGA-Albright Stonebridge Group, said in