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Vietnam's VinFast struggles to sell electric cars at home
Vietnam's VinFast struggles to sell electric cars at home
Economy
by  AFP

Vietnam's VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk's Tesla, but it is struggling to find buyers for its cars at home. With poor demand in Vietnam, and limited sales and bad press in the United States, VinFast may be producing more cars than it can sell, Guild said.

Equities drop, oil rallies on fears of broader Middle East war
Equities drop, oil rallies on fears of broader Middle East war
Economy
by  AFP

Asian equities retreated and oil prices rallied Wednesday on fears that the Israel-Hamas conflict could spill over into a regional war after a strike on a Gaza hospital dealt a blow to President Joe Biden's diplomatic drive. The Hamas-run Palestinian territory's health ministry blamed Israel for the hospital blast, but Tel Aviv said it was caused by a rocket misfired by Hamas ally Islamic Jihad.

China's third-quarter economic growth slows to 4.9%: official data 
China's third-quarter economic growth slows to 4.9%: official data 
Economy
by  AFP

China's economic growth slowed to 4.9 percent in the third quarter, official data showed Wednesday, as an unprecedented property crisis hit consumption and business activity in the country. Retail sales, the main indicator of household consumption, rose a forecast-beating 5.5 percent on-year in September, according to official figures published on Wednesday by the NBS. sbr-tjx/je/dan

TikTok moms nurture 'detox for kids' misinformation
TikTok moms nurture 'detox for kids' misinformation
Technology
by  AFP

A TikTok army of American moms claiming to be "detox" specialists is pushing unproven treatments for childhood behavioral disorders -– while hiding that their misinformation is actually a marketing campaign aimed at making money. - 'Fake treatment' - AFP examined around a dozen of what appeared to be a flood of TikTok accounts of influencer moms promoting scientifically unproven detox products.