Naphjas Inc. |

18 Mar Alibaba’s Damo Academy plans to launch latest version of its XuanTie RISC-V processor this year

Posted at 11:30h in Asia

Damo Academy, Alibaba Group Holding’s research arm, expects to launch the next-generation of its XuanTie series of RISC-V processors – the C930 – this year, in the latest effort to counter the impact of tighter US trade restrictions on exports of advanced chip technologies to...

18 Mar EMPF Platform: Hong Kong to migrate smallest pension firms first, with giants like HSBC to bring up the rear by end-2025, regulator says

Posted at 10:40h in Asia

YF Life Trustees, the smallest of Hong Kong’s Mandatory Provident Fund (MPF) providers, will be the first to migrate to the soon-to-be-launched eMPF Platform, while HSBC, the largest provider, will be the last, according to a detailed timeline announced by the pensions regulator on Monday.The...

18 Mar Putin wins Russian election and talks about Navaln

Posted at 10:23h in Europe

Russian President Vladimir Putin was upbeat after winning a fifth term in power in Russia's presidential election over the weekend. He chose the moment to make his first public remarks on the death of his political nemesis, Russian opposition leader Alexei Navalny, mentioning his name...

18 Mar Hong Kong cryptocurrency custodian Hex Trust targets profitability, fresh funding in 2024 as virtual-asset market rebounds

Posted at 10:00h in Asia

Hong Kong-based cryptocurrency custodian Hex Trust is looking to turn a profit and raise fresh funding on the back of a recovery in the virtual-asset market, despite potential regulatory headwinds that could affect the company’s operations in the city.Hex Trust, a seven-year-old virtual-asset custody services...

18 Mar China property investment seen stabilising as analysts count on financing lifeline, demand to spur recovery

Posted at 09:36h in Asia

Property investments and sales in mainland China continue on a downwards trajectory despite Beijing’s efforts to inject liquidity and boost demand, but the rate of decline has slowed in a sign that the market is starting to stabilise, according to analysts.In January and February, total...

18 Mar This business owner says she’s being ‘penalized’ for bringing manufacturing to Canada from China

Posted at 08:00h in Canada

A Canadian company that manufactures children's toy couches finds itself facing a stiff bill for import tariffs after bringing production home to this country.While Barumba Play is no longer importing a majority of its product, a single component of the couches has been reclassified by...

18 Mar Dubai royal nephew to open US$500 million family office in boost to Hong Kong hub

Posted at 07:49h in Asia

Sheikh Ali Al Maktoum, the nephew of Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, is opening a family office in Hong Kong, one of the first high-profile international investors to respond to the city’s campaign to lure foreign capital.“I got to see a lot...

18 Mar Opinion | Asia’s office sector is thriving, so where are the investors?

Posted at 07:30h in Asia

Just a cursory glance at office occupancy rates around the world reveals where the commercial property sector’s problems lie. In the United States, average occupancy rates in 10 leading cities stood at just 52.5 per cent at the beginning of March, according to data from...

18 Mar A century-old sustainable housing idea is struggling

Posted at 06:06h in Europe

An employee checks the external casing with a spirit level in a modular house at the Tophat factory in Foston near Derby, UK, on Tuesday, Sept. 12, 2023.Bloomberg | Bloomberg | Getty ImagesThe idea of using pre-assembled components in housebuilding is far from new.Modern tech-enabled...

18 Mar Global Impact: Hong Kong’s stock market eyes light at the end of the tunnel after 3 years in the doldrums

Posted at 06:00h in Asia

Global capital rushed to Wall Street after the US Federal Reserve raised its key interest rate by five percentage points from 2022, and initial public offerings (IPOs) slowed to a trickle in Hong Kong.A lot will be riding on the shoulders of Bonnie Chan Yiting,...

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