Business

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.
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China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit
China BT China Team -

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market
China BT China Team -

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.
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China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project
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Latest

Wall Street Watches S&P 500 Near 7,000 As AI Optimism Keeps Rally Alive

The S&P 500 is hovering near 7,000 after its first intraday break above the milestone, fueled by AI optimism and rate-cut expectations as investors look to earnings and macro data for the next catalyst.

Chinese AI Powerhouses Moonshot AI and Alibaba Unveil Advanced Models, Challenging US Dominance

Alibaba-backed Moonshot AI and Alibaba itself have released advanced AI models, Kimi K2.5 and Qwen3-Max-Thinking, challenging U.S. rivals like OpenAI and Google in the global AI race.

Blue Origin Grounds Space Tourism Flights to Prioritize Lunar Mission Development

Blue Origin halts New Shepard space tourism flights for at least two years to focus on developing lunar landers for NASA's Artemis missions.

Washington Post Journalists Appeal Directly to Jeff Bezos Amid Layoff Fears

Washington Post journalists are appealing directly to owner Jeff Bezos to prevent newsroom cuts and layoffs, citing concerns about the paper's future and journalistic integrity.

Alibaba’s Cainiao Merges with Robovan Pioneer Zelos in $2 Billion Deal to Revolutionize Last-Mile Delivery

Alibaba's logistics arm, Cainiao, is merging with robovan developer Zelos Technology in a $2 billion deal to create Cainiao Robovan, a new entity focused on autonomous last-mile delivery solutions.

Alibaba’s Zhenwu 810E Chip Challenges Nvidia’s AI Dominance

Alibaba's T-Head unveils the Zhenwu 810E AI chip, challenging Nvidia's dominance and bolstering China's domestic semiconductor capabilities.

Jeff Bezos’ Earth Fund Invests $3.5 Million to Accelerate Nuclear Reactor Construction

Jeff Bezos' Earth Fund donates $3.5 million to the Nuclear Scaling Initiative to accelerate nuclear reactor construction in the U.S. through an innovative 'orderbook' model.

Tesla Shifts Gears: Model S and X Production Ends as Focus Turns to Optimus Robots

Tesla is ending production of its Model S and Model X vehicles to focus on manufacturing Optimus robots and advancing its autonomous driving technology. Learn more about the strategic shift.

Prediction markets face scrutiny after claims “privileged” users profited from war and diplomacy bets

Prediction markets are facing renewed scrutiny after reports that “privileged” users may have profited from well-timed bets on war and diplomacy, fueling calls for clearer rules and explicit insider-trading bans.

Google’s “Project Genie” sparks selloff in game platforms and engines as AI disruption worries grow

Game stocks slid after Google unveiled “Project Genie,” an AI system that can generate interactive worlds from prompts, raising concerns about disruption to traditional game engines, platforms, and development workflows.

Maersk to temporarily operate Panama Canal ports after court voids Hutchison contract

Maersk will temporarily operate two Panama Canal ports after Panama’s Supreme Court ruled the previous concession unconstitutional, triggering a transition plan and renewed scrutiny of strategic canal-linked infrastructure.

Dow to cut 4,500 jobs, 13% of workforce, in restructuring push as AI and automation take bigger role

Dow will cut about 4,500 jobs as it restructures to boost efficiency and expand AI and automation, while forecasting weaker-than-expected first-quarter revenue amid sluggish demand.

SpaceX in talks to merge with xAI ahead of planned 2026 IPO, source says

SpaceX is reported to be in merger talks with Elon Musk’s AI firm xAI ahead of a planned 2026 IPO, a move that could combine Grok, Starlink and SpaceX infrastructure under one structure.

South Korea exports seen up nearly 30% as AI chip boom drives fastest jump in 4+ years

South Korea’s exports are expected to post their fastest growth in over four years as AI-driven semiconductor demand surges, boosting shipments to China and the US ahead of official trade data on February 1.

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