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Australian electric car sales set to keep climbing

Australian electric car sales set to keep climbing

Canberra Times17 hours ago
Chinese automakers produced nearly 63 per cent of all cars sold globally in 2024 and is the by far the biggest market to buy them, accounting for 65 per cent of passenger sales globally that year.
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Controversial Olympic skier Eileen Gu in ‘very terrible' accident while training
Controversial Olympic skier Eileen Gu in ‘very terrible' accident while training

New York Post

time12 minutes ago

  • New York Post

Controversial Olympic skier Eileen Gu in ‘very terrible' accident while training

American freestyle skiing star Eileen Gu said she was injured in a 'very terrible accident' Friday while training in New Zealand, according to the South China Morning Post. Gu — who resumed training last month after being injured at the Winter X Games in January — explained in a post on Weibo, a Chinese social media platform, that she was flown to Christchurch Saturday for medical imaging. She did not explain the extent of her injury. According to South China Morning Post, eyewitnesses said Gu appeared to be seriously injured and was taken to the hospital on a stretcher. 4 Eileen Gu poses during the awarding ceremony of freestyle skiing women's freeski halfpipe at Zhangjiakou Medals Plaza of the Winter Olympics in Zhangjiakou, north China's Hebei Province, February 18, 2022. Xinhua News Agency via Getty Images 'Unfortunately, a very terrible accident occurred yesterday due to human error,' Gu, 21, wrote. 'I hope I can return to the snow soon, but I'm still waiting for confirmation from the expert team.' The two-time Olympic champion explained that it is 'dangerous to be interrupted' and cautioned not to film her during her training sessions. 'I have to concentrate fully during training, especially when I am preparing to start, as it's very dangerous to be interrupted,' Gu said. 'I also have to focus on picturing and imagining the moves while on the cable car. 'In order to save time, I don't have lunch breaks and try to use the bathroom as little as possible. So please don't record or take photos while I'm training.' 4 Eileen Gu competes during the Women's Freeski Halfpipe Final at the 2024/25 FIS Snowboard & Freeski Halfpipe World Cup at Secret Garden on December 7, 2024 in Zhangjiakou, Hebei Province of China. VCG via Getty Images Gu reportedly offered to do a meet-and-greet with fans at the resort's restaurant in the afternoon after the ski park was closed. In January, the San Francisco native withdrew from the big air and halfpipe competitions at X Games Aspen 2025 after falling and injuring herself. 4 Eileen Gu of China stands in the finish area after competing in the Women's Ski Street Style during Day Two of the X Games Aspen 2025 at Buttermilk Ski Resort on January 24, 2025 in Aspen, Colorado. Getty Images Gu won two gold medals and a silver at the 2022 Beijing Olympics, making her the first freestyle skier to secure three medals at a single Games. The American-born skier raised eyebrows in the summer of 2019 when she announced that she would represent her mother's native China in the Beijng Winter Games. Her father is American. 4 Eileen Gu attends the 2025 Sports Illustrated Swimsuit Launch Party at Hard Rock Hotel New York on May 15, 2025 in New York City. Getty Images The matter put Gu in the international spotlight and she reportedly dodged questions about the controversy surrounding her decision at the time. She holds the record for the most freestyle skiing World Cup titles (15) in history. Gu is also a model with IMG, having secured high-fashion campaigns with Louis Vuitton and more luxury brands. She made her Sports Illustrated Swimsuit debut in the 2025 issue, released in May. She attended Stanford after the 2022 Winter Olympics.

New Year celebration videos misrepresented as China demonstrations
New Year celebration videos misrepresented as China demonstrations

Yahoo

time20 minutes ago

  • Yahoo

New Year celebration videos misrepresented as China demonstrations

The beating of a young girl by three teenagers in southwestern China triggered public outrage, but a compilation viewed hundreds of thousands of times online does not show protests escalating into calls for the ouster of President Xi Jinping. The clips in fact show crowds gathering for New Year celebrations in several Chinese cities. The compilation, comprising four clips of huge crowds, was viewed more than 480,000 times after it was shared on Threads on August 6, 2025. "The Jiangyou incident in Sichuan, China, escalates as protestors force the police to retreat," reads part of the superimposed traditional Chinese text on the compilation, referring to a viral school bullying case in the southwestern city (archived link). "More than one million people participated in protests, calling for the overthrow of Xi Jinping and the Chinese Communist Party regime." Police said two teenage girls were sent to a correctional school for assaulting and verbally abusing a 14-year-old girl, footage of which was shared online. Onlookers and a third girl who participated in the abuse were "criticised and educated", the police said, adding that their guardians had been "ordered to exercise strict discipline". The case drew outrage online from some lamenting the punishment did not go further, and sparked rare protests in the country, where opposition to the ruling Communist Party and anything seen as a threat to the civil order is swiftly quashed. Footage showed crowds gathered outside the city hall in Jiangyou, with large crowds stretching around the block. Video also showed people being forcibly pulled aside, and police wearing SWAT uniforms subduing at least three people at an intersection with hundreds of bystanders. Several Taiwanese news organisations included footage from the protests in their reports (archived here, here and here). But the circulating compilation, which was shared elsewhere on YouTube, TikTok and Facebook, misuses unrelated clips. Reverse image searches on Google and Baidu using keyframes from the visuals found they all predate the protests in Jiangyou. Taiwanese fact-checking organisation Taiwan Factcheck Center also previously debunked the false claim the clips show escalating protests in China (archived link). New Year's celebrations The first falsely shared clip was previously shared on December 31, 2024 on Douyin, where it included a hashtag for "Hong Kong New Year's Eve Fireworks" (archived link). The video corresponds to Google Street View imagery of a stretch of Nathan Road -- one of Hong Kong's main thoroughfares (archived link). The second clip had earlier been shared on January 1, 2024 on Douyin, where its caption said it showed a New Year's countdown celebration in Nanning, China (archived link). Street imagery from Baidu Maps shows it was filmed near the Nanning Department Store in Xingning District (archived link). The third clip was posted on December 31, 2024 on Douyin, with the post saying it showed New Year's Eve in Kunming, China (archived link). Street imagery from Baidu Maps shows the two stores found in the Douyin video in the Nanping Pedestrian Street area (archived link). Finally, the fourth clip in the compilation depicts a New Year celebration in Guiyang, China (archived link). The same clip was earlier shared in a Douyin post from January 1, 2025 (archived link). AFP has previously debunked false claims related to protests in China. Solve the daily Crossword

Why Appian (APPN) Shares Are Trading Lower Today
Why Appian (APPN) Shares Are Trading Lower Today

Yahoo

time23 minutes ago

  • Yahoo

Why Appian (APPN) Shares Are Trading Lower Today

What Happened? Shares of low-code automation software company Appian (NASDAQ:APPN) fell 3.3% in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed. Despite the downturn, some analysts viewed this as an opportunity to own some of the "Core AI winners." Dan Ives of Wedbush Securities commented, "In our view, the tech bull cycle will be well intact for at least another 2-3 years, given the trillions being spent on AI infrastructure/software/chips/power/apps looking ahead. This remains our tech playbook and investor roadmap." Additionally, mixed earnings reports from retailers, such as Target, have added to the market's weakness. Investors are closely monitoring these reports for insights into the broader economic health and the potential impact of new tariffs on inflation. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Appian? Access our full analysis report here, it's free. What Is The Market Telling Us Appian's shares are very volatile and have had 21 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 3.3% on the news that the SaaS sector continued to rally as favorable inflation data bolstered hopes for a Federal Reserve interest rate cut. This optimism was largely driven by a benign July Consumer Price Index (CPI) report, which solidified investor expectations for a Federal Reserve interest rate cut. Following the release of the inflation data, which showed a year-over-year increase of 2.7%, the probability of a rate cut in September surged to over 96%. Lower interest rates are typically beneficial for growth-oriented technology stocks, as they can reduce borrowing costs and increase the present value of future earnings. Adding to the positive sentiment was a 90-day delay in the imposition of higher tariffs on Chinese goods, which reduced trade-related uncertainty for the technology sector. Appian is down 12.9% since the beginning of the year, and at $28.90 per share, it is trading 30.5% below its 52-week high of $41.56 from November 2024. Investors who bought $1,000 worth of Appian's shares 5 years ago would now be looking at an investment worth $538.38. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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