Out of compact corporate car sales, 68% come from countries where the tax difference is lower than the EV price premium, with 49% from countries with no effective tax incentives.
Business
The unexpected guidance suggests the US’s best AI chips may have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia for almost a year.
The manufacturing purchasing managers’ index was 50.0 in May, down from 50.3 in April and 50.4 in March.

Young urban Malay voters will put the economy first, says analyst
Mazlan Ali of UTM says the young voters are likely to back parties with a proven economic track record as fears for their future grow, fuelled by the Iran war, rising costs and a weaker global economy.
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