Economy

Economy Latest News

Tesla sales sink by nearly half in Europe
Tesla sales sink by nearly half in Europe
by  AFP

Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk's politics and ageing models may be turning consumers away. Concerns about reliability and a massive recall of Cybertrucks, which are not even sold in Europe, could also have played a part in turning off European consumers, Noel added.

Chewing gum releases microplastics into mouth: researchers
Chewing gum releases microplastics into mouth: researchers
by  AFP

Chewing gum releases hundreds of tiny plastic pieces straight into people's mouths, researchers said on Tuesday, also warning of the pollution created by the rubber-based sweet. Lowe also warned about the plastic pollution from chewing gum -- particularly when people "spit it out onto the sidewalk".

Samsung TV pioneer Han Jong-hee dead at 63
Samsung TV pioneer Han Jong-hee dead at 63
by  AFP

Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant's television business on the global stage, died of a heart attack Tuesday aged 63, the company told AFP. "He died from cardiac arrest today," a Samsung spokesperson said, adding that Han was survived by his wife and three children.

Most Asian markets track Wall St on tariff hope
Most Asian markets track Wall St on tariff hope
by  AFP

Equities mostly rose in Asia on Tuesday, extending Wall Street's rally on easing fears over Donald Trump's planned tariffs, while traders were also looking ahead to the release of key US inflation data. Eyes are also on the release this week of US personal consumption expenditure data, which is the Federal Reserve favoured inflation metric.