BYD sees annual sales rise despite tepid market, says JPMorgan

BYD sees annual sales rise despite tepid market, says JPMorgan

[ad_1] The automaker now expects domestic sales to reach between 3.5 million and four million units this year Published Mon, May 11, 2026 · 02:13 PM [HONG KONG] BYD is projecting an increase in annual sales, fuelled by a more optimistic domestic outlook and an aggressive global expansion that aims to defy cooling demand in…

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Indonesia central bank bills outstanding rise most in two years

Indonesia central bank bills outstanding rise most in two years

[ad_1] Overseas investors have cut their holdings of the nation’s stocks and bonds in recent weeks Published Mon, May 11, 2026 · 02:12 PM [JAKARTA] The total amount of Indonesian central bank bills outstanding climbed by the most in almost two years last month as the monetary authority sought to attract capital inflows to support…

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Exclusive | Owner of eatery that created the Philly cheesesteak will cook at Long Island pizzeria in Knicks gear after losing bet

Exclusive | Owner of eatery that created the Philly cheesesteak will cook at Long Island pizzeria in Knicks gear after losing bet

[ad_1] Maybe it was a misteak. The descendant of the brothers credited with creating the first Philly cheesesteak will make the renowned sandwiches at a Long Island pizzeria — while wearing head-to-toe Knicks gear — after losing a bet with the eatery’s co-owner. Frank Olivieri, proud owner of Philadelphia’s iconic Pat’s King of Steaks, will begrudgingly…

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The physical oil squeeze eases for now as buyers back away

The physical oil squeeze eases for now as buyers back away

[ad_1] Millions of barrels remain trapped in the Persian Gulf and there’s little sign of a fast resumption of tanker traffic Published Mon, May 11, 2026 · 12:56 PM [SINGAPORE] The cost of a real-world oil cargo is dropping fast as buyers back away, in a dramatic reversal from last month’s bidding frenzy despite the…

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SoftBank plans to make large-scale batteries for AI data centres

SoftBank plans to make large-scale batteries for AI data centres

[ad_1] Published Mon, May 11, 2026 · 12:10 PM [TOKYO] SoftBank Group’s mobile unit said that it plans to begin large-scale battery cell manufacturing at its Sakai, Osaka plant to address growing power demand for artificial intelligence services. SoftBank will partner with South Korea’s Cosmos Lab and DeltaX to enable mass production from the fiscal…

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