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As the mainland Chinese housing downturn drags on, Hong Kong’s market is showing early signs of stabilising, reshaping buyer sentiment and exposing a widening divergence across southern China’s property landscape.Ming, a 28-year-old financial professional, moved into his new 320 sq ft one-bedroom flat in Yau Tong in May. He bought the unit a year earlier for HK$4.8 million (US$617,000), taking advantage of discounts offered on later batches of new launches.“I was lucky I didn’t buy the first batch,” he said. “The later ones were cheaper.”Like many recent buyers in Hong Kong, Ming was motivated not by expectations of quick gains,…

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AgiBot was expected to ship a total of 5,000 humanoid robots in 2025, chairman and CEO Deng Taihua said in a company event on Monday.AgiBot’s output and sales targets, which the start-up confirmed on Tuesday, were expected to maintain “multi-fold” growth in 2026, according to Deng, with the company pushing ahead with commercialisation.As part of its commercial strategy, AgiBot launched BotShare, a platform designed to make robot rental as convenient as power bank sharing, according to a company announcement on Monday.The robotics industry is rapidly pivoting towards commercialisation. Photo: HandoutThe rental platform, targeted to expand to more than 200 mainland…

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In its push to secure supplies of critical minerals, the Donald Trump administration has increasingly looked abroad to reduce vulnerabilities in supply chains that underpin many of the world’s most advanced technologies.From China to the Democratic Republic of Congo to Ukraine, key strands of US foreign policy in recent months have centred on access to these materials – a group of roughly 60 minerals that the US Geological Survey considers vital to national and economic security, including rare earths that have become a focal point of Washington’s trade war with Beijing.Here, the Post examines a recent initiative pushed out by…

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All eyes are on how Beijing’s “Chinese dream” of eventual Taiwan reunification will unfold at a time when the leader of the United States – Taipei’s top international backer – appears less likely to intervene in case of a cross-strait conflict. In the second of a three-part series, Amber Wang looks at the challenges facing the new Kuomintang leader. Read the first part here.There have been seven chairs of the Kuomintang, Taiwan’s main opposition party, since President Xi Jinping took the top job in Beijing in 2012. But few received a congratulatory message as laden with such high expectations as…

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Consumers already worn down by a prolonged surge in prices are bracing for fresh pressure — and this time, it is coming from copper.   Copper prices have surged past $12,000 per metric ton for the first time ever, hitting a record high on the London Metal Exchange and unleashing a new wave of inflationary pressure across the economy.   The rally reflects a volatile mix of trade uncertainty, supply tightness, and rising demand — increasingly putting everyday products in the firing line.   Tariffs fuel the surge   Prices have been pushed higher in part by tariffs imposed by…

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After months of operating in the dark, markets finally received some inflation data last week. The long-delayed November Consumer Price Index offered an official glimpse into day-to-day price pressures after a record-length government shutdown had disrupted the economic calendar.   The figures themselves were better than expected. Headline inflation came in at 2.7% year on year, while core inflation registered 2.6%. That was below the near-3% readings economists had been bracing for, and it kept inflation within the psychologically important “two-handle” range that markets have become fixated on heading into 2026.   At the same time, the report was far…

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 is on track for its fourth day of gains Tuesday, buoyed by strength in AI-related names. AI chipmakers and Club holdings Nvidia and Broadcom are up around 2.5% and 2%, respectively, in afternoon trading. Meanwhile, hopes that the Federal Reserve will lower interest rates in January further dimmed after stronger-than-expected economic data . The initial third-quarter GDP report, which was delayed due to the government…

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DENVER (AP) — A Colorado woman suspected of killing two of her young children during a custody dispute with her ex-husband two years ago has been returned from Britain to the United States to face charges, authorities said Tuesday.Colorado Springs-based District Attorney Michael Allen announced the extradition of Kimberlee Singler, 37, on charges including two counts of first-degree murder ahead of her first court appearance in the coming days.Singler was arrested in December 2023 in London just over a week after her 9-year-old daughter and 7-year-old son were found dead in their home in Colorado Springs. Her 11-year-old daughter was…

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Jim Cramer says don’t sweat Novo Nordisk’s head start over Club holding Eli Lilly in the obesity pill market. Eli Lilly stock slipped about half a percent this morning, while Novo Nordisk shares surged more than 8% after becoming the first to secure FDA approval for a GLP-1 weight-loss pill. “[Novo] got approval ahead of when we thought. People immediately freak out. They sold Lilly. Big mistake,” Jim said during Tuesday’s Morning Meeting. The move lower for Lilly shares is overblown because it’s just a matter of time before the company receives the OK from U.S. regulators for its own…

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Pakistan’s solar revolution has accelerated rapidly, but its benefits remain unevenly distributed across society. The equity gap captures the critical divide between users who can convert their willingness to adopt solar into actual installations, versus segments where willingness exists but constraints such as upfront capital requirements and lack of credit access prevent adoption, a recently launched study has argued. This gap represents not just a market failure but a fundamental challenge to equitable energy transition, according to the study launched by think tank Renewables First. “Early adoption has been dominated by affluent households and larger enterprises able to self-finance or…

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