DeepRoute.ai CEO on Growth of EV AI Software
Maxwell Zhou, CEO of DeepRoute.AI discusses his outlook on autonomous driving software, and says the US still has certain advantages over China in the sector. He speaks exclusively with Annabelle Droulers on the sidelines of the BEYOND Expo in Macau on "Bloomberg: The China Show." (Source: Bloomberg)
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News24
15 minutes ago
- News24
Looking for the perfect Father's Day gift? Leatherman has two perfect products.
The best tool is something that's small and light enough to be close by when you need it. These two Leathermans will put a sparkle in Dad's eyes. Built tough, sized right The Rebar packs serious capabilities into its slim, 10 cm frame. It weighs less than 190 g but puts 17 essential tools in your pocket, readying you for any task at work or home. That includes: needle-nose pliers, regular pliers, wire cutters, hard-wire cutters, electrical crimper, wire stripper, knife, serrated knife, saw, can opener, bottle opener, wood/metal file, Phillips screwdriver, large and small screwdriver, and a ruler. Its design is classic Leatherman, taking its cues from the original Pocket Survival Tool released in 1983. Rebar features contoured handles for a confident and comfortable grip for security and confidence under demanding conditions. Rebar features all locking tools, so you can apply a lot of pressure, knowing it won't move or fold. Available in Burnt Sienna, and Mossy Slate. Each new Rebar colourway includes a matching nylon sheath. It also has a lanyard ring so that you can take it everywhere with you. The name is Bond . . . Leatherman Bond Inspired by Tim Leatherman's original Pocket Survival Tool, Bond pairs classic design with the tools needed to tackle everyday tasks. At a mere 176 g, this lightweight multi-tool provides 14 essential implements including pliers, a durable 420HC knife blade, and a set of standard screwdrivers. It also has wire cutters, can and bottle opener, and a ruler. All packed into a 10 cm frame (closed length). The Bond's handles are contoured to give you a comfortable grip while using the tools. The colour options add a vibrant Cerakote finish to the handles for increased durability. Cerakote is a thin-film, ceramic-based coating known for its durability, hardness, and scratch resistance. Available in Burnt Sienna, Mossy Slate, and Heathered Cranberry. Each Bond colourway includes a matching nylon sheath. Stainless steel Bond also includes a nylon sheath. For more on these plus other excellent Leatherman products, go to
Yahoo
32 minutes ago
- Yahoo
Japanese Bonds Rise as 30-Year Auction Brings Some Relief
(Bloomberg) -- Japanese government bonds rose after an auction of 30-year debt wasn't as bad as many investors had feared. ICE Moves to DNA-Test Families Targeted for Deportation with New Contract The Global Struggle to Build Safer Cars NYC Residents Want Safer Streets, Cheaper Housing, Survey Says The Buffalo Architect Fighting for Women in Design While immediate market reaction indicated relief — yields edged lower after the sale — the bid-to-cover ratio of 2.92 at Thursday's offering points to a general lack of appetite for longer-maturity debt that is afflicting markets from Japan to Europe and the US. Several auctions of longer tenor Japanese bonds in recent weeks have met shaky demand, with the market flashing a warning that authorities in Tokyo may need to reconsider their issuance plans. The Ministry of Finance is set to meet with primary dealers on June 20, according to people familiar with the matter, just days after the Bank of Japan reviews its bond buying plans. 'The forward-looking attitude that the MOF is moving toward reducing issuance helped out the auction results,' said Takashi Fujiwara, chief fund manager at Resona Asset Management Co. in Tokyo. 'On the other hand, I don't think that supply and demand concerns for super-long bonds have peaked yet.' The 30-year bond extended an earlier gain, with the yield falling seven basis points to 2.875% at one point. The 40-year rate dropped as much as 8.5 basis points to 3.055%. 'With all this talk of issuance cuts, investors see little urgency in establishing large positions in super-long bonds until the Ministry of Finance clarifies its next steps,' said Shoki Omori, chief desk strategist at Mizuho Securities Co. 'The market appears poised for a period of watchful waiting.' Omori added that it seems some people failed to cover short positions going into the auction. What Bloomberg Strategists Say... This price action suggests bond traders were using the contract to pre-hedge the debt sale in case it went as badly as the recent 20-year sale. Traders will be relieved there are not any more long-term auctions to navigate before the BOJ meeting in less than two weeks. — Mark Cranfield, Markets Live strategist. Read more on MLIV. Japanese bonds have seen some relief this week after decent demand at a sale of 10-year notes on Tuesday, and after a rally in the US Treasury market Thursday on soft US economic data. Yields on 30-year Japanese bonds have come down from 3.185% last month, the most since inception. There are indications that the recent rout has pushed rates to attractive levels for some buyers. Investors can pick up bargains in Japanese government bonds despite a wave of recent selling that has spread volatility throughout global debt markets, according to Pacific Investment Management Co. Still, the auction results show how the bond market is concerned that the government's borrowing plans may not be sustainable as the central bank reduces its footprint in the market. Governor Kazuo Ueda hinted at the likelihood that the Bank of Japan will continue to slow the pace of government bond purchases next fiscal year, meaning that the board meeting on June 16-17 will be closely watched. Miki Den, a senior rates strategist at SMBC Nikko Securities Inc. in Tokyo, said 'supply-demand concerns will linger' until the MOF's meeting with primary dealers a few days later. 'I expect super-long term yields to remain flat or rise slightly,' he said. The bid-to-cover ratio at the sale was lower than 3.07 the previous month, and the 12-month average of 3.39. The lowest price was below that of a Bloomberg survey. 'The auction wasn't good, but within the acceptable range,' said Masayuki Koguchi, executive chief fund manager at Mitsubishi UFJ Asset Management Co. The tail, or the gap between average and lowest-accepted prices, came in at 0.49, indicating weaker demand than at the prior auction. However, it was still shorter than at April's bond sale, which was seen as positive by the market, said Koguchi. --With assistance from Masahiro Hidaka, Masaki Kondo and Hidenori Yamanaka. (Updates with comment in fourth paragraph.) Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
CNN
36 minutes ago
- CNN
Betting site bans individual over heckling incident with Olympic champion sprinter Gabby Thomas
A sports bettor who heckled Olympic champion sprinter Gabby Thomas during a Grand Slam Track event in Philadelphia over the weekend has been banned by the betting site FanDuel Sportsbook. In a statement sent to The Associated Press on Wednesday, FanDuel wrote it 'condemns in the strongest terms abusive behavior directed towards athletes. Threatening or harassing athletes is unacceptable and has no place in sports. This customer is no longer able to wager with FanDuel.' Last weekend, Thomas finished fourth in a 100-meter race won by Melissa Jefferson-Wooden. The bettor wrote in a post on social media that he 'made Gabby lose by heckling her. And it made my parlay win.' He posted a picture of his parlay that had Jefferson-Wooden winning the 100. Thomas, the 200-meter champion at the Paris Games last summer, explained the heckling incident on X. She wrote: 'This grown man followed me around the track as I took pictures and signed autographs for fans (mostly children) shouting personal insults – anybody who enables him online is gross.' Grand Slam Track, a track league launched by Hall of Fame sprinter Michael Johnson this spring, wrote in a statement it was 'conducting a full investigation into the reprehensible behavior captured on video. 'We are working to identify the individual involved and will take appropriate action as necessary. We will implement additional safeguards to help prevent incidents like this in the future. Let us be clear, despicable behavior like this will not be tolerated.' ESPN first reported the bettor had been banned by FanDuel. The Grand Slam Track season wraps up with the fourth and final meet in Los Angeles on June 28-29. The Thomas incident is the latest in a string of stalking and abuse of female athletes. Frida Karlsson, a Swedish cross-country skiing world champion, recently brought her experience with stalking into public view when she went through a trial. A man in his 60s was given a suspended sentence and ordered to pay 40,000 kronor ($4,100) in damages after being convicted of stalking Karlsson for a year and four months, according to Swedish news agency TT. The man, according to the indictment, called Karlsson 207 times, left her voicemails and text messages and approached her, including outside her apartment. In February, police in the United Arab Emirates detained a man who caused British tennis player Emma Raducanu distress by exhibiting ' fixated behavior ' toward her at a tennis tournament. Raducanu had been approached by the man at the Dubai Championships where he left her a note, took her photograph and engaged in behavior that caused her distress, according to the government of Dubai's media office.
