In BIG PICTURE NEWS, the UK government looks at spending, South Korea has a presidential election, the dollar continues its downward path, Trump eyes Alaska and Carney tries to protect his oil industry. In IPO AND M&A NEWS/b>, Chime moves forward, Monzo booms, PE holds the key and biotech looks ripe but Indivior plans to leave London. In CONSUMER & BUSINESS TRENDS,Chinese consumers adapt, UK house prices rise and British companies are war-prepping. In MISCELLANEOUS NEWS, we see music licensing rights for AI, xAI seeks out a fat valuation, Tesla slides further and Vodafone-Three's merger completes. AND FINALLY, I bring you superior Chinese car technology...