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.

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

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 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.

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

CBS News CEO Wendy McMahon Resigns Amid Tensions with Paramount Global

CBS News CEO Wendy McMahon announced her resignation on Monday, marking a dramatic shift in the ongoing internal conflict between CBS News and its...

How AI Powers Candy Crush Saga’s Thousands of Puzzle Levels

Players navigating through the vast world of Candy Crush Saga, with its more than 18,700 levels, might be surprised to learn that artificial intelligence...

Cristiano Ronaldo Tops 2024 Highest-Paid Athletes List with $275 Million

Cristiano Ronaldo has once again claimed the top spot among the world’s highest-paid athletes, marking his third consecutive year at number one and the...

Manus AI Opens to the Public Amid Growing Competition and New Funding

Manus AI, a rapidly emerging general-purpose AI agent, has opened its registration to the public, moving away from its previous wait-list system. This change...

Concerns Raised Over DeepSeek AI in Chinese Hospitals Amid Safety and Privacy Risks

A group of researchers in China has expressed concerns over the rapid adoption of DeepSeek’s artificial intelligence models in hospitals, citing significant risks to...

Shenzhen Launches 5 Billion Yuan Fund to Boost Semiconductor Industry amid Geopolitical Tensions

Shenzhen, a major technology hub in southern China, has launched a dedicated semiconductor industry fund worth 5 billion yuan (approximately US$692.5 million) to bolster...

China Expands Financial Opening with Nansha as New Financial Hub in Greater Bay Area

China has introduced new measures to develop Nansha, located in the southern Guangdong province, into a financial pilot zone. This move makes Nansha the...

Foxconn Reports Strong Q1 Profit Surge, but Offers Conservative Full-Year Outlook

Foxconn, the world's largest contract electronics manufacturer, reported a significant 91% increase in its first-quarter profit, driven by strong demand for artificial intelligence (AI)...

Global Shares Surge as US and China Reach Trade Deal, Gold and Safe-Havens Decline

Global stocks soared on Monday, while gold and safe-haven currencies dropped against a strengthening dollar, following an agreement between the US and China to...

Hong Kong Aims to Become a Hub for Multifamily Offices to Boost Economy

Hong Kong should focus on becoming a leading hub for multifamily offices to improve its economy and global reputation, as these entities hold more...

Meituan to Invest $1 Billion in Brazil for Keeta Food Delivery Expansion

Chinese on-demand services leader Meituan has announced a major international expansion, revealing plans to launch its Keeta food delivery platform in Brazil. The company...

Hang Seng Indexes Partners with Qatar Financial Centre to Boost Financial Connectivity

Hang Seng Indexes Company, the entity responsible for compiling the Hang Seng Index and a leading provider of stock market benchmarks in China, has...

Hong Kong Stocks Climb as JD.com Earnings Shine and Trade Tensions Ease

Hong Kong stocks edged closer to a two-month high as investor sentiment improved on the back of strong corporate earnings and easing global trade...

Nomura Upgrades Chinese Equities Amid US-China Tariff Breakthrough

Nomura Holdings has become the first major global investment bank to upgrade its outlook on Chinese equities following a surprising development in US-China trade...

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