Between 1980 and 2017, China’s foreign direct investment increased by more than 90 times, making it by far the top recipient among emerging markets. Similarly, when China first started its economic reforms in 1978, its population was around 960 million. By 2017, it had reached...
A Hong Kong-based research centre under the Chinese Academy of Sciences (CAS) has launched a new artificial intelligence (AI) tool to assist in complex brain surgery, even as the healthcare industry deals with an inadequate number of specialised databases for this procedure.The Centre for Artificial...
Considering Hong Kong’s unique characteristics – a small, densely populated city with growing transport and traffic demands – the Government and stakeholders are exploring innovative technologies and learning from Mainland and overseas cities to transform Hong Kong’s transportation system.The aim is to cater to Hong...
Last year, CK Asset surprised the market by launching its cheapest new homes in seven years. It sold all 655 units at its Coast Line II project in Yau Tong. The project was ranked second among the top-20 major new developments sold in 2023, according...
Airbnb said Monday that it's banning the use of indoor security cameras in listings on its site around the world by the end of next month.The San Francisco-based online rental platform said it is seeking to "simplify" its security-camera policy while prioritizing privacy."These changes were...
A company that owns nearly two dozens newspapers in Atlantic Canada has debts of almost $100 million and is filing for creditor protection.SaltWire Network made the application in the Supreme Court of Nova Scotia, according to court documents filed on Monday.The court documents said SaltWire has...
The benefits offered to facilitate this journey include workshops to enhance their capacity, mentorship by business leaders, exploratory missions to the Greater Bay Area, and various opportunities for trade promotion both locally and internationally.The programme also facilitates business matching, provides media coverage, and offers a...
International ratings agency Moody’s has stripped state-backed property giant China Vanke of its investment-grade credit rating amid concerns over its liquidity and ability to access funding amid declining sales.Moody’s Ratings withdrew China Vanke’s “Baa3” issuer rating, replacing it with a “Ba1” corporate family rating, which...
Proclaiming that "I'm a big believer in tariffs," former President Donald Trump on Monday indicated he's likely to reinstitute duties on foreign goods should he win election to a second term.In a CNBC interview, Trump cited both economic and political benefits from targeting foreign goods...
Baidu’s Ernie 4 artificial intelligence (AI) model, one of China’s leading large language models (LLMs), has outperformed similar technologies from US peers in generating Chinese texts such as those in the style of Imperial Chinese poetry, according to Robin Li Yanhong, co-founder and CEO of...