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Tech billionaire Elon Musk is already huge in China — but now his 76-year-old mother is a rapidly rising star there as well. “China is so advanced in roads, tunnels, buildings, infrastructure, and ports,” she wrote on her son’s social media platform X in October. Musk walking the runway for Chinese women’s wear brand Juzui at New York Fashion Week in September. Musk is one of a number of “silver-haired influencers” in China, a fast-aging country where there is growing concern about aging well. Maye Musk and Elon Musk at a campaign rally for President-elect Donald Trump at Madison Square Garden in New York on Oct. 27.

Persons: Elon Musk, “, ” Musk, Thomas Concordia, ”, Ashley Dudarenok, ” Dudarenok, Errol Musk, Musk, Elon, Maye Musk, Donald Trump, Jabin, Dudarenok, Trump, Maye Organizations: Tech, New York, Getty, Fila, Madison, Washington, Trump —, “ Department, Government Locations: HONG KONG, China, ”, U.S, New York, Hong Kong, “, Shanghai

☆ Bug-bitten oolong? The secret behind Taiwan’s rare honey-flavored tea — and where to enjoy it
▼ + stars: | 2024-11-29 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +10 min

Unlike Taiwan’s ubiquitous bubble tea, mixiang tea is still highly limited and largely off-the-radar. Mixiang tea goes globalNatalie Chiu and Charlie Winkworth-Smith, food scientists and founders of sparkling tea brand Saicho. The farmers couldn’t afford to lose their entire harvest, so they decided to go ahead and roast the bug-bitten tea leaves anyway. Lee says his Gui Fei tea is so popular it often sells out before it can even hit the retail market. Their two sons have joined the family business in recent years and help promote Gui Fei tea whenever they can.

Persons: Lee Ming, cheng, Gui Fei Oolong, Dong Ding Oolong, Oolong, Tea, Natalie Chiu, Charlie Winkworth, Smith, Saicho —, “, Junjie Lin, ”, Lin, Winkworth, Chiu, they’re, Clint Liang, Liang, Dong Ding, “ Gui Fei, Gui Fei, Lee, Chiang, Kuo Huan, don’t, Kuo, Maggie Hiufu Wong, Lee Te Organizations: CNN, Saicho, Harrods, Michelin, Tokyo Chuo, Growers Locations: Nantou, British, Hong Kong, Taiwan, United Kingdom, London, Taipei, Fujian, Lugu, Tokyo, Hsinchu, it’s, Nantou County, Songshan District, Hualien

☆ The most auspicious year for Chinese births is almost over. For dragon babies, the competition is just getting started.
▼ + stars: | 2024-11-29 | by ( Kwan Wei Kevin Tan | Aditi Bharade | ) www.businessinsider.com time to read: +9 min

"Dragon babies are, for the most part, intensely desired and prized by their parents. Seah said dragon babies will also have a tougher time looking for jobs after graduation. AdvertisementThe study also found that Chinese dragon babies were 2.3% less likely to gain admission to local universities in Singapore. But the latest crop of dragon babies may have it easier, with competition evening out as birth rates drop. Dragon babies might have once been subject to great pressure to exceed expectations, but Gietel-Basten says he'd be "surprised" if that same level of pressure would be applied to 2024's dragon babies as they grow older.

Persons: Jackson Koh, Koh, it'll, It's, Fatih Aktas, —, Cheng Ong, Melissa Anne Lim, Lim, Kelvin Seah, Seah, Stuart Gietel, he'd, Basten, that's, Chen Qibao, Lee Hsien Loong, Lee, Qian Wenlan, Qian Organizations: Singapore's Nanyang Technological University, Getty, Singapore's Department of Statistics, National University of Singapore, NUS, Business, Singapore —, Hong Kong University of Science, Technology, Publishing, Getty Images, National Bureau of Statistics, Singaporean Locations: Singapore, Asia, Fatih, Anadolu, China, Basten, Getty Images China, China's, Xinhua, Seoul, South Korea

☆ Crypto investor eats banana art after buying it for $6.2 million
▼ + stars: | 2024-11-29 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +2 min

AdvertisementCrypto investor Justin Sun bought a duct-taped banana for $6.2 million in a Sotheby's auction. Sun ate the banana at a news conference where he compared the conceptual artwork to NFTs. One week after paying $6.2 million for a duct-taped banana, crypto investor Justin Sun ate the pricey snack at a news conference in Hong Kong. The banana displayed at Sotheby's was purchased for 35 cents from a New York City fruit vendor. Advertisement"This conceptual artwork can be assembled and disassembled anywhere and at any time conveniently and in any place in the world," he said.

Persons: Justin Sun, Sam Bankman, Maurizio Cattelan, Sun, David Datuna, Donald Trump's Organizations: Sun, Art Basel Fair Miami, Sotheby's, Gros Michel, South, Liberty Financial Locations: Hong Kong, New York, Italian, New York City, Gros, South Korean

☆ Tired of Chicago winters, this Gen Xer retired at 46 and moved to Bangkok. It cut his monthly spending by half.
▼ + stars: | 2024-11-29 | by ( Erin Liam | ) www.businessinsider.com time to read: +7 min

AdvertisementIn 2018, at 46, Chris retired and left Chicago for Bangkok. He enjoys the affordability of living in Bangkok and how easy it is to make friends. As he soaked in the pool of his Airbnb in Bangkok, Chris wondered, "How can I make this my home permanently?" Describing his lifestyle as "semi-luxury," Chris said he'd increased his budget year after year to adjust to his changing circumstances. ChrisFor Chris, being able to live any type of lifestyle is his favorite part of living in the city.

Persons: Chris, he'd, —, feverishly, He'd, pickleball, it's, Chris isn't, John Walker, Chiang Mai, It's, Jeffrey Odgen, who's, he's Organizations: Thai, for Community, Economic Research, World Bank Locations: Chicago, Bangkok, Illinois, Asia, Thailand, Hong Kong, Japan, Thonglor, Australia, Hua Hin

☆ Asia markets set to open mixed after Wall Street rally stalls; Bank of Korea rate decision in focus
▼ + stars: | 2024-11-28 | by ( Anniek Bao | ) www.cnbc.com time to read: +1 min

A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Asia-Pacific markets were poised to open mixed after Wall Street rally stalled overnight even as inflation data came in line with expectations. The U.S. personal consumption expenditure price index, or PCE, rose 2.3% on an annualized basis, accelerating from 2.1% in September. The Bank of Korea is expected to hold its benchmark rate unchanged at 3.25% when its monetary policy committee meets later in the day, according to a Reuters poll of economists. Hong Kong's Hang Seng index futures were at 19,618, higher than the HSI's last close of 19,603.13.

Organizations: Wall, Reuters, Bank of, Nikkei Locations: Seoul, Asia, Pacific, Bank of Korea, Chicago, Osaka

☆ China’s EV price war is so brutal that BYD is trying to pinch its suppliers
▼ + stars: | 2024-11-28 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

“In 2025, while there will be great opportunities in the EV market, market competition will also become more intense, entering a decisive battle and knockout rounds,” he wrote. “Annual price negotiations with suppliers are a common practice in the car industry,” he wrote. It is not mandatory, and everyone can negotiate.”For 15 years, China’s car market has been the world’s biggest. “This means the price war … is really stressing the system,” he said. BYD is China’s top carmaker, commanding 16.2% of the overall vehicle market in the first 10 months of the year, according to the China Passenger Car Association.

Persons: Hong Kong CNN —, Zhiqi, ”, “, Li Yunfei, Tesla, It’s, Bill Russo, “ BYD, Tu, Le Organizations: Hong Kong CNN, “, CNN, Weibo, ”, SAIC Motor, European Union, Trump, Tu Le, Ford, General Motors, China Passenger Car Association, EV Locations: China, Hong Kong, Shenzhen, BYD, Shanghai, Weibo, Chongqing

Three American citizens who had been detained in China were released, a State Department spokesperson said Wednesday. Li, 70, who is from Long Island, New York, was detained in 2016 and sentenced to 10 years in 2018 on espionage charges his family says are baseless. The announcement on Wednesday follows the surprise release in September of American pastor David Lin, whom like Li and Swidan the U.S. had classified as wrongfully detained. He had been jailed in China since 2006 after being sentenced to life in prison on charges of contract fraud. Other families who appeared at the hearing are still waiting for the return of loved ones detained in China, including Nelson Wells Jr. and Dawn Hunt.

Persons: Mark Swidan, Kai Li, John Leung, Li, Leung, Chuck Schumer, Li’s, Harrison Li, “, ”, David Lin, Biden, Joe Biden, Xi Jinping, Swidan’s, Katherine Swidan, ” Li, Nelson Wells Jr, Dawn Hunt Organizations: State Department, United, Politico, ., Hua Foundation, Chinese Foreign Ministry, Economic Cooperation, Congressional, Commission Locations: China, Long Island , New York, Texas, United Nations, American, Hong Kong, Beijing, United States, U.S, Huntington , New York, New York, Asia, Peru, Russia

☆ Eight detained in Laos over mass poisoning as families demand answers
▼ + stars: | 2024-11-27 | by ( Seyed Ismail Nafeesa | Seyed Ismail Nafeesa Is An Intern On Nbc News'S Asia Desk. | ) www.nbcnews.com time to read: +2 min

HONG KONG — Eight employees of a backpacker hostel in Laos have been detained for questioning by local authorities investigating the deaths of six foreign tourists from suspected methanol poisoning, local media reported. Two Australian teenagers, two Danish women, an American man and a British woman have been confirmed dead by their governments. He and the owner of the hostel, who is also Vietnamese, were also detained for questioning last week, The AP reported. I was happy to hear that there’s been some movement over in Laos,” Jones’s father, Mark Jones, told reporters at Melbourne Airport. A New Zealand citizen who was also poisoned by tainted alcohol but survived has returned home, Reuters reported Monday, citing a spokesperson for the New Zealand foreign ministry.

Persons: Duong Duc Toan, Anupam Nath, Bianca Jones, Holly Bowles, James Louis Hutson, Jones, Bowles, “, there’s, ”, Mark Jones Organizations: HONG KONG —, Laotian Times, Associated Press, AP, ”, Melbourne Airport, New Zealand, Reuters, New Locations: HONG KONG, Laos, American, British, Vang Vieng, Vientiane, State, Australia, New Zealand, U.S

☆ Gold trades in tight range ahead of US inflation data
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: +2 min

Gold prices flitted within a narrow range on Wednesday as investors awaited key U.S. inflation data for insights into the potential scale of a Federal Reserve rate cut next month. Spot gold was steady at $2,635.56 per ounce, as of 0222 GMT, moving largely within a slim $9 range during the session. Gold is traditionally considered a safe-haven investment during periods of economic and geopolitical uncertainty, including trade wars and other conflicts. Investors digested a handful of economic data on Tuesday indicating the economy remained on solid footing. Elsewhere, China's net gold imports via Hong Kong in October fell from September and were down 43% from the previous year, data showed.

Persons: Bullion, Kyle Rodda, Rodda Organizations: Federal, Capital.com, Federal Reserve, U.S . Federal Reserve Locations: ., Israel, Lebanon, Capital.com . U.S, France, Iran, Hong Kong

☆ Asia markets to open mixed even as Wall Street notches fresh records; investors assess Australia inflation
▼ + stars: | 2024-11-27 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Steven Saphore | Anadolu Agency | Getty ImagesAsia-Pacific markets are set to open mixed on Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. Traders in Asia will assesses monthly consumer price index figures out of Australia, set for release later in the day. A poll from Reuters expects the monthly CPI indicator to have risen 2.3% in October year on year, from 2.1% in September. Hong Kong Hang Seng index futures were at 19,172 slightly higher than the HSI's last close of 19,159.2.

Persons: Steven Saphore, Australia's Organizations: Skyline, Anadolu Agency, Getty, Dow Jones, Traders, Reuters, Nikkei Locations: Sydney, Australia, Asia, Pacific, Chicago, Osaka, Hong Kong

☆ Why Trump’s proposed tariffs may be bad news for China and Asia
▼ + stars: | 2024-11-27 | by ( Rosa Deacostanoya | Rosa De Acosta | ) edition.cnn.com time to read: +3 min

In 2023, the US was South Korea’s second-largest export market after China, with $116 billion of goods traded. But Trump’s planned tariffs on Chinese goods could also benefit some countries in Southeast Asia as factories may relocate from China to other places in the region. Shoe seller Steve Madden announced earlier this month that it will halve its Chinese production to avoid Trump’s tariffs, and it will be sourcing from Cambodia, Vietnam, Mexico and Brazil, among other countries. In 2023, the US was the number one recipient of exports from China, Vietnam, Thailand, India and Japan. In the first nine months of 2024, the United States’ largest trade deficit was with China.

Persons: Donald Trump, Steve Madden, Trump, ”, Philip Daniele, — CNN’s Rachel Wilson Organizations: Hong Kong CNN —, Malaysia, US Locations: Hong Kong, Mexico, Canada, China, United States, Asia, South, Southeast Asia, Cambodia, Vietnam, Brazil, Thailand, India, Japan, South Korea, Indonesia, Singapore

☆ She ditched her auditing job to work at her family's restaurant. 7 years later, she opened a second spot — and turned a profit.
▼ + stars: | 2024-11-27 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

Seven years later, she expanded the business and opened New Station Rice Bar. Located in Fortune Centre, an old mall in central Singapore, her shop is a 10-minute drive from her parent's restaurant. Related storiesThe lessons she learned were proven rightAlmost 10 months since she opened the 500-square-foot restaurant, New Station Rice Bar has seen a steady flow of customers. But the most popular dish is salted egg chicken rice — also a bestseller at her parents' restaurant. Tan said New Station Rice Bar sees fewer customers during off-peak hours and when it rains.

Persons: Chloe Tan, Tan, Erin Liam Initially, didn't, it's, Wing, She's, It's, Erin Liam Tan Jun Hong, Cherry Tan, Iszahar Tambunan, Oon Seok Sim, she's, she'll, Erin Liam Tan Organizations: New, Rice, Rice Bar, BI, Singapore Airlines Locations: Austin , Texas, Singapore, Fortune, Hong Kong

☆ Instead of spending Thanksgiving at home, we take advantage of the time off to travel. We've made core memories.
▼ + stars: | 2024-11-27 | by ( Michelle Arellano Martin | ) www.businessinsider.com time to read: +6 min

AdvertisementWe love extending our Thanksgiving break for a more affordable, less crowded offseason holiday. Instead of spending Thanksgiving at home, our family takes advantage of the school break to go abroad for unique experiences. For Thanksgiving, he took us to Temple Street Night Market, where he perused buckets of fresh fish, explained the differences to our kids, and ordered a feast. Peru should be experienced once in a lifetime at leastA sojourn through Peru started in Cusco, accompanied by good friends. We stayed in a former monastery where incense and Gregorian chants filled the hallways, stocked up on textiles from the local market, discovered chicha and made chocolate from raw cacao.

Persons: Machu Picchu, Lin, Hong Kong, Bruno Mars, Michelle Arellano Martin Organizations: Big, La Boca, Aguas Calientes, Sydney Opera House, Raymis Locations: Machu, Buenos Aires, Hong Kong, ceviche, Peru, London, Lantau, Maldives, Hong, Argentina, empanadas, La, Palermo, Mendoza, Cusco, Aguas, Australia, Ecuador Ecuador, Quito, Cuenca, Ecuador, California, Basque

☆ U.S., China and more: Value investor reveals what to buy as Trump tariffs loom
▼ + stars: | 2024-11-27 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

News that U.S. President-elect Donald Trump's plans to hike tariffs on imports from China, Canada and Mexico sent ripples across global markets Tuesday. Asian markets traded broadly lower , but Chinese stocks held up surprisingly well. Peter Boockvar, chief investment officer at the U.S.-headquartered Bleakley Financial Group, said China is better prepared to cope with tariffs than in 2016. Referencing the impact of the tariffs imposed by the Trump administration in 2016, Boockvar said it was "negative, not a benefit" in aggregate. 'A lot of value' Beyond the U.S., Boockvar said Asian markets including China, Japan, Singapore and Vietnam were offering "a lot of value."

Persons: Donald Trump's, Peter Boockvar, It's, CNBC's, Trump, Boockvar, Russell, Stocks, EQT Organizations: Bleakley Financial, Nvidia, Microsoft, Vegas Sands Corp, Melco Resorts & Entertainment, AIA, Hong Kong Stock Exchange Locations: China, Canada, Mexico, U.S, Japan, Singapore, Vietnam, Bay Sands, Asia, Europe

SEOUL, South Korea — A South Korean man hoping to avoid mandatory military service has been convicted after trying to eat his way out of it. He was sentenced to one year in prison, suspended for two years, under the Military Service Act, which allows for sentences of up to three years for evading mandatory military service without justifiable cause. The sentences were “relatively lenient” because neither of the men had previous criminal convictions, the court official said. “Most of all,” the official said, the man “accepted his wrongdoing and vowed to serve his military duty sincerely.”The official could not confirm whether the man had started his military service. Stella Kim reported from Seoul, South Korea, and Seyed Ismail Nafeesa from Hong Kong.

Persons: “, ”, Stella Kim, Seyed Ismail Nafeesa Organizations: Seoul Eastern, Court, NBC, Military Service Locations: SEOUL, South Korea, Korean, Seoul, Hong Kong

☆ China’s hottest new tourist attraction is 5,000 feet in the air
▼ + stars: | 2024-11-26 | by ( Hassan Tayir | ) edition.cnn.com time to read: +3 min

It clocks in at 551 feet long (168 meters) and stretches between two cliffs at a height of 5,000 feet, according to Chinese state media. The attraction is located on Mount Qixing in Zhangjiajie Nature Park, in southwestern China’s Hunan province, an area famous for its complex terrain and diverse landforms. “I was not nervous, my son was,” He told CNN, “but he was all right soon afterward.”An aerial view of the Mount Qixing via ferrata. Courtesy Qixing AdventureHe Qian runs a B&B nearby, where she also helps people book tickets for the new attraction. Yuan Xiaorui, marketing supervisor of Qixing Adventure, the company that operates the attraction on Mount Qixing, told CNN that the three-hour via ferrata experience costs 580 yuan ($80).

Persons: ”, Qian, “, “ I’ve, Ferrata, commenter, Douyin, Yuan Xiaorui, Qixing, ” Yuan Organizations: Hong Kong CNN, CNN Locations: Hong Kong, China, Qixing, China’s Hunan, ferrata, Zhangjiajie, Taiwan, Hunan

☆ CNBC Daily Open: Investors endorse Trump’s Treasury secretary pick
▼ + stars: | 2024-11-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In contrast to Wall Street, Asia-Pacific markets mostly fell on Tuesday. Wall Street likes BessentScott Bessent, President-elect Donald Trump's pick for U.S. Treasury secretary, has got a big thumbs up from the stock as well as bond markets. Wall Street strategists heaped praise on Bessent; global analysts also think Trump's pick is favorable for markets. Investors are in a risk-on mood because of Bessent's perceived friendliness to Wall Street and reports of Israel and Hezbollah moving closer to a cease-fire.

Persons: Scott Bessent, Bessent Scott Bessent, Donald Trump's, Trump Organizations: Key, CNBC, Japan's Nikkei, U.S, Treasury, Wall, Trump, buybacks Companies, Barclays Locations: Washington ,, Street, Asia, Pacific, Hong Kong, Mexico, Canada, Israel

☆ Hong Kong’s Top Court Upholds Rights of Same-Sex Married Couples
▼ + stars: | 2024-11-26 | by ( Tiffany May | More About Tiffany May | ) www.nytimes.com time to read: +1 min

Hong Kong’s top court ruled on Tuesday to uphold inheritance and public housing benefits for same-sex married couples, a decision that supporters hailed as an important step toward expanding gay rights in the territory. Hong Kong does not recognize same-sex marriage, but the rulings brought an end to two protracted legal battles involving couples who married overseas. Nick Infinger, who married his husband in Canada, sued Hong Kong’s Housing Authority in 2018 after their joint application for public housing was denied. Mr. Ng died in 2020, and lower courts subsequently ruled in his favor. His husband, Henry Li, contested the Hong Kong government’s efforts to appeal those rulings.

Persons: Hong, Nick Infinger, Edgar Ng, Ng, Henry Li Organizations: Hong, Housing Authority Locations: Hong Kong, Canada, Britain

☆ Hong Kong is becoming a hub for financial crime, US lawmakers say
▼ + stars: | 2024-11-26 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub. “We must now question whether longstanding US policy towards Hong Kong, particularly towards its financial and banking sector, is appropriate,” they added. Rubio, a fierce critic of Beijing’s crackdown on Hong Kong, has sponsored legislation that sanctioned Chinese and Hong Kong officials for alleged human rights violations in the city. This has massive implications for US businesses with big exposure to Hong Kong,” Fish said. “Sadly, the idea of Hong Kong as autonomous from China is now a farce … US companies need to understand that their Hong Kong operations will likely fall under increased scrutiny.”

Persons: Janet Yellen, ”, “, Donald Trump, Hong Kong, John Moolenaar, Raja Krishnamoorthi, Trump, Marco Rubio, Rubio, Scott Bessent, Isaac Stone Fish, Bessent –, ” Fish Organizations: Hong Kong CNN, CNN, US Treasury Department, Hong, European Union, Treasury Department, Republican Rep, White, US Locations: Hong Kong, Beijing, China, Washington, Hong, Russia, North Korea, People’s Republic of China, Iran, Ukraine, Russian, United Kingdom

☆ Asia-Pacific markets set to open higher after U.S. stocks hit new records
▼ + stars: | 2024-11-26 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

The central business district skyline at Marina Bay waterfront on May 10, 2023 in Singapore. Asia-Pacific markets are set to open higher on Tuesday, tracking gains on Wall Street as U.S. benchmarks notched record highs following President-elect Donald Trump's choice for Treasury secretary. Australia's S&P/ASX 200 traded 0.14% higher in its first hour of trade, after hitting a new all-time closing high on Monday. Japan's Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at 38,875 and its counterpart in Osaka at 38,830 compared to the previous close of 38,780.14. Hong Kong's Hang Seng index futures were at 19,245, higher than the HSI's last close of 19,150.99.

Persons: Donald Trump's, Australia's Organizations: Japan's Nikkei Locations: Marina, Singapore . Asia, Pacific, Chicago, Osaka

☆ Mate 70: Huawei seals post-Android comeback by unveiling new phone with its own software
▼ + stars: | 2024-11-26 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

The new Mate 70 smartphone, which starts at 5,499 yuan ($760), features the HarmonyOS Next operating system, which no longer supports Android-based apps. The Mate 70 represents a “critical step” in Huawei’s software evolution, Lucas Zhong, research analyst at Canalys, told CNN. The shift away from the Android ecosystem “will be essential for Huawei to maintain momentum in the premium segment, solidify consumer loyalty, and attract potential platform switchers,” he said. Major Chinese tech companies have reportedly gotten on board, hiring developers to create compatible apps. “If no one uses it, no matter how advanced the operating system is, it will have no value,” he said, according to a Wechat post.

Persons: ” Richard Yu, Lucas Zhong, ”, Canalys, Eric Xu, Xu, Mengmeng Zhang Organizations: Hong Kong CNN, Huawei, Washington, CNN, Counterpoint Research Locations: China, Hong Kong, United States

☆ 5 follow-up questions Nvidia's CEO asks his AI to 'torture' it into teaching him new things
▼ + stars: | 2024-11-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +2 min

AdvertisementNvidia CEO Jensen Huang uses AI chatbots for learning by questioning their reasoning. Companies like Google and Khan Academy are developing AI tools for educational purposes. Advertisement"I use my AI," he said, "and I torture my AI to teach me." Huang's form of "torture" involves asking the AI a question and then five follow-up queries. AdvertisementWhile Huang's preferred learning process is drilling chatbots with questions, companies are developing more specialized tools for teaching users.

Persons: Jensen Huang, Jensen, Huang's, OpenAI's GPT, Sal Khan Organizations: Google, Khan Academy, Hong Kong University, Nvidia, TED

☆ Asia markets set to open higher as Aussie stocks hit record high; India GDP and Korea rates in focus
▼ + stars: | 2024-11-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Anadolu Agency | Anadolu Agency | Getty ImagesAsia-Pacific markets were set to mostly climb Monday, with investors awaiting Korean central bank's rate decision and India' third-quarter GDP numbers this week. Singapore later in the day will release its inflation figures for October. Economists polled by Reuters expect the headline inflation rate of 1.8%, down from the 2% in the previous month. Other economic data this week include October inflation readings from Australia, due Wednesday, and November inflation numbers from Japan's capital city of Tokyo on Friday. Tokyo's inflation figures are widely considered a leading indicator of nationwide trends.

Organizations: Skyline, Anadolu Agency, Getty, Reuters, Nikkei Locations: Sydney, Australia, Asia, Pacific, India, Singapore, Tokyo, Chicago, Osaka

☆ Banana auction billionaire's $30 million investment in Trump's crypto token highlights new ways to enrich president-elect
▼ + stars: | 2024-11-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, China, on Friday, May 8, 2020. Tron blockchain founder Justin Sun has invested $30 million into Donald Trump's crypto project, World Liberty Financial, he announced Monday. "We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor," Sun wrote in a post on X. In exchange, Trump's LLC received billions of tokens and the right to 75% of revenues above a $30 million threshold. Sales now appear to have crossed the $30 million threshold to trigger revenue distribution to Trump's LLC.

Persons: Justin Sun, Tron blockchain, Donald Trump's, Sun, Trump, Bitcoin, TRON, WLFI, Zachary Folkman, Folkman Organizations: Liberty Financial, Liberty, Trump, Trump's, America, Etherscan Locations: Hong Kong, China

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