Shares in BYD plummeted by close to 12% on Tuesday amid speculation that US billionaire investor Warren Buffett may sell shares in China's top electric vehicle producer.

Closer ties with the EU ``would be very helpful for our companies for their attention towards and knowledge of Europe," said Taiwan Deputy Economy Minister Chen Chern-chyi.

A trove of data files reveals how cab-hailing service "flouted laws, duped police, exploited violence against drivers and secretly lobbied governments" between 2013 and 2017, the Guardian story alleges.

Battery makers for electric vehicles are studying ways to create smaller and cheaper batteries to bring down prices, as batteries are currently the most expensive items in EVs.

The Hang Seng Tech Index plunged 3.9%, dragged down by the falls of tech giants Alibaba and Tencent. Rising Covid cases also hurt market sentiment.

Monetary policy has returned to normal from crisis-mode settings, said CITIC Securities.

Government unveils moves to ease costs of living after President says economic conditions are an "emergency" and orders officials to take all possible steps to ease people's burdens

US and EMEA investors put a record $5.8bn into Chinese equities in June after Covid lockdowns ended in Shanghai and other cities and regulators said they would ease their tech sector crackdown

Genesis Trading was exposed to Three Arrows Capital (3AC), the Singapore hedge fund that slipped into default recently, but managed to reduce its loses, its CEO has revealed

Cyber bullies who insult or threaten other people on social media could face up to a year in prison or a fine up to 300,000 yen ($2,200) under new penalties that came into effect in Japan on Thursday

A Foreign Ministry spokesman said reports that the US wants to restrict the export of DUV lithography machines were an example of 'coercive diplomacy' and abuse of US power

Tesla has bounced back from the Shanghai lockdown in June, selling more than double the amount of locally-made vehicles it did in May and 135% more than it did a year ago, a China car group said