Bloomberg Stretched property valuations mean Hong Kong’s economy is vulnerable if interest rates rise faster than expected, the International Monetary Fund said. In its annual assessment of the Asian financial hub, the IMF identified three main risks — rising interest rates and potential global market volatility, China-linked stress, and a possible downturn in the property market. With the US ...

  Washington / AFP The US Supreme Court overturned a $399 million patent infringement penalty imposed on Samsung for copying Apple’s iPhone design, in a case watched for its implications for technology innovation. The shorthanded justices ruled 8-0 that Samsung should not be required to forfeit the entire profits from its smartphones for infringement on design components, sending the case ...

  Miami / AFP An agile jumping robot that was inspired by some of the animal world’s best leapers could one day help in rescue efforts after earthquakes or building collapses, US scientists said. Known as Salto, the 10-inch (26-centimeter) tall robot can jump higher than a bullfrog and almost as high as a galago, or bush baby, a small ...