August 11 , 2020 - Biz in 60

China car sales rise for fourth straight month in July Car sales in China rose for a fourth straight month in July as the world's biggest auto market recovers from the lows it hit during coronavirus lockdowns. Sales rose 16-percent from a year ago to 2-point-1 million vehicles, driven by commercial car purchases. The recent boom in sales followed an 80-percent plunge in February and a 43-percent fall in March. Next Digital shares jump 300% after Jimmy Lai's arrest Shares in the Hong Kong media group, Next Digital, have jumped more than a-thousand percent after the arrest of its owner, Jimmy Lai. That's as anti-Beijing activists rushed to buy stock in the company, in a display of solidarity with the tycoon who's been critical of China. Lai was arrested on charges including colluding with foreign forces under Beijing's new security law for Hong Kong. India's aviation regulator suspends two AirAsia executives India's air safety watchdog has suspended two senior executives at AirAsia's local affiliate for three months. The suspension comes weeks after former pilot Gaurav Taneja posted a 27 minute video on YouTube, alleging certain safety and personnel issues at the discount airline. The video has been viewed more than 6 million times.