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Tesla reported its first fall in yearly deliveries yesterday as lucrative year-end incentives for the Elon Musk-led electric vehicle maker’s aging lineup and the new Cybertruck pickup failed to lure customers wary of high borrowing costs. ― Reuters pic

Musk’s Tesla hit by EV slowdown and tough competition, 2024 deliveries down 1.1pc

Police officers escort Terraform Labs co-founder Do Kwon after he served a sentence for document forgery, in Podgorica, Montenegro, March 23, 2024. — Reuters pic

Extradited S. Korean crypto ‘genius’ Do Kwon charged with fraud in US after US$40b collapse of Terraform Labs

At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,635.09, down 2.22 points from Thursday’s close of 1,632.87. — Picture by Hari Anggara

Bursa Malaysia opens on the up, powered by oil, gas and export sectors

An attendee holds two iPhones 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California September 9, 2024. Apple has agreed to pay US$95 million (RM426 million) to settle a lawsuit accusing its digital assistant Siri of listening in on users’ private conversations. — Reuters pic

Siri eavesdropping case: Apple agrees to US$95m deal, US users to receive up to US$20 per device

At 8 am, the ringgit fell to 4.4850/4950 against the US dollar from Thursday’s close of 4.4760/4810. — Picture By Raymond Manuel

Ringgit wobbles as US dollar gains steam

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Flint’s Paper Battery Technology Secures US$2 Million in Seed Funding to Revolutionize the Sustainable Energy Storage Space

Apple is offering rare discounts of up to 500 yuan (RM307) on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition from domestic rivals like Huawei. — AFP pic

Apple slashes iPhone prices by up to 500 yuan in China as it battles Huawei for market share

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First Phosphate Closes Oversubscribed Private Placement Financing

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Rostock IMG jobs saved

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The 2025 Taipei New Year’s Party – Most Exclusive Performance Cast in Taiwan Gold Medalists Join Hands with 220,000 Other Revelers for the Grand New Year Year’s Countdown

The retail industry in the UK went through a huge shake-up in 2024 that saw major British brands like Ted Baker, Homebase and Carpetright shutdown after entering insolvency during the year. — AFP file pic

Over 13,000 UK stores closed down in 2024; retail experts predict more to shut down in 2025 due to rising costs

BYD cars are parked at Yantai port in eastern China's Shandong province, waiting to be shipped overseas as surges surged in 2024. — AFP pic

Chinese EV giant BYD hits 4.27 million sales in 2024, overtakes Tesla in quarterly revenue

A composite photograph shows the logos of Swiss telecommunication company Swisscom (top) and the logo of British mobile phone giant Vodafone. The latter finalised its sale of Vodafone Italy to Swisscom for €8 billion on January 2, 2025.  — AFP pic

Vodafone completes €8b sale of Italian unit to Swisscom in major European restructure

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VinAI returns to CES 2025 with cutting-edge automotive AI technologies

The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025. — Reuters pic

Ringgit dips against US dollar as Fed rate concerns loom, edges up against pound and euro

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Hong Kong: proudly helping to take China’s aviation innovation to new heights