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Geely Auto, mainland China’s second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a near 100 per cent jump in electric vehicle (EV) sales this year.The Zhejiang-based carmaker reported revenues of 89 billion yuan (US$12.5 billion) in the July-September period, compared with 70 billion yuan a year earlier. Net profit jumped 59 per cent to 3.8 billion yuan.For the first nine months of the year, Geely’s revenue rose 26 per cent to 239 billion yuan, but net profit fell 1 per cent to 13 billion yuan in the same period.Geely’s sales of EVs, which…

Geely Auto, mainland China’s second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a near 100 per cent jump in electric vehicle (EV) sales this year.The Zhejiang-based carmaker reported revenues of 89 billion yuan (US$12.5 billion) in the July-September period, compared with 70 billion yuan a year earlier. Net profit jumped 59 per cent to 3.8 billion yuan.For the first nine months of the year, Geely’s revenue rose 26 per cent to 239 billion yuan, but net profit fell 1 per cent to 13 billion yuan in the same period.Geely’s sales of EVs, which…

A Bangladesh court sentenced ousted Prime Minister Sheikh Hasina to death on Monday, concluding a months-long trial that found her guilty of ordering a deadly crackdown on a student-led uprising last year.Hasina and former home minister Asaduzzaman Khan were tried in absentia for crimes against humanity for the killing of hundreds of people during a student-led uprising in July and August of 2024.The United Nations in a February report said up to 1,400 may have been killed in the violence, while the country’s health adviser under the interim government said more than 800 people were killed and about 14,000 were…

The United Nations’ annual climate conference, COP30, began on Monday in Brazil, marked by the notable absence of the United States. In an unprecedented political move, Washington sent no high-level representation to the conference, which is considered the largest and most important international event of its kind. The absence comes after the Trump administration’s decision to withdraw from the Paris climate agreement. And as the world’s largest economy pulls back from decarbonization and clean-energy initiatives, the rest of the world continues advancing at a rapid pace.   Many experts believe that the U.S. shift away from expanding clean-energy projects opens…

Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of several foreign currencies, witnessed further increase as it clocked in at 103.95 in October 2025, up from 101.70 (revised) in September 2025, data released by the State Bank of Pakistan (SBP) on Monday showed. A REER above 100 means the country’s exports are uncompetitive, while imports are cheaper. The situation reverses when REER stands below 100 on the index. As per SBP’s latest data, the REER increased 2.21% month-on-month (MoM) in October 2025. When compared with September 2024, the REER value…

“I can tell you that Premier Li Qiang does not have a meeting arrangement with Japanese leaders,” Mao Ning, a spokeswoman for China’s foreign ministry, said at a regular media briefing on Monday.Li and Japanese Prime Minister Sanae Takaichi are expected to attend the Group of 20 gathering in Johannesburg on November 22 and 23, and it was hoped that a meeting between the two could go some way to repairing differences.Tensions surfaced when Takaichi told a parliamentary committee on November 7 that a military attack by mainland China on Taiwan could constitute a “survival-threatening situation” for Japan, which could…

A US-led crackdown on online scams may hand Southeast Asia an opportunity to combat the scourge, analysts say, as Washington and Beijing find common purpose in dismantling criminal networks that exploit lax governance and human trafficking.The United States launched its “Scam Centre Strike Force” last week to counter cryptocurrency fraud linked to Southeast Asia, estimating that such crimes defraud Americans of nearly US$10 billion a year.Many of these schemes, dubbed “pig butchering” scams, are run from compounds in the region where “victims of human trafficking, held against their will, [are] abused, and guarded by armed groups as they are instructed…

Federal Minister for Finance, Senator Muhammad Aurangzeb, has underscored that Pakistan’s long-term economic prospects depend on effectively confronting the dual national challenges of rapid population growth and climate vulnerability. He made this observation during his address to the launch ceremony of the District Vulnerability Index for Pakistan (DVIP), organised by the Population Council in Islamabad on Monday. The minister noted that while the country continues its trajectory toward macroeconomic stabilisation and growth, Pakistan cannot realise its full potential without addressing the pressures created by population momentum and escalating climate risks. “A 2.5% population growth is not sustainable,” he said. He…

Alibaba Group Holding has officially launched its multipurpose artificial intelligence app, Qwen, promising a “free-for-all” gateway for consumers to access a variety of AI-powered services, from mapping to shopping.Qwen, powered by Alibaba Cloud’s open-source model series of the same name and marketed as “the best personal AI assistant”, serves not only as a chatbot but also as a comprehensive AI tool designed to meet user needs in both professional and personal contexts, the company said on Monday.Alibaba Cloud is the AI and cloud services unit of Hangzhou-based Alibaba, owner of the Post.Available on both Apple’s App Store and Google Play…

THE HAGUE, Netherlands (AP) — Prosecutors at the International Criminal Court on Monday asked for a life sentence for a leader of the feared Janjaweed militia convicted of playing a major role in a campaign of atrocities committed in the Sudanese region of Darfur more than 20 years ago — including ordering mass executions and bludgeoning two prisoners to death with an ax.“You literally have an axe murderer before you,” prosecutor Julian Nicholls told judges in The Hague as Ali Muhammad Ali Abd–Al-Rahman, also known as Ali Kushayb, looked on. Last month, Abd–Al-Rahman was convicted of 27 counts, including mass…