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28 Feb How global move to distributed workforces helps women to narrow historic employment gender gap

Posted at 04:09h in Asia

The World Economic Forum’s ‘Global Gender Gap Report 2023” included figures from the United Nations’ International Labour Organization (ILO) that promotes global labour rights, which showed that women face greater difficulties than men in their search for employment, and are less likely to be able...

28 Feb Hong Kong stocks retreat from this year’s high as Country Garden winding-up petition sends developers sliding

Posted at 02:28h in Asia

Internet giant Tencent Holdings slipped 0.9 per cent to HK$282.20.Limiting the losses, online games operator NetEase surged 6.3 per cent to HK$179.70 after the industry regulator approved 111 new titles this month. Baidu gained 1.8 per cent to HK$110.50 before its earnings announcement later on...

28 Feb Chinese developer Country Garden receives winding-up petition in Hong Kong over US$204 million loan

Posted at 01:40h in Asia

Embattled Chinese developer Country Garden faces a winding-up petition in Hong Kong, months after the company started what is expected to be the second-largest restructuring effort among its peers, following that of China Evergrande Group.Country Garden received a winding-up petition filed by Ever Credit, a...

28 Feb Trans Mountain’s latest cost estimate climbs 10%, regulatory filing shows

Posted at 00:38h in Canada

The company building the Trans Mountain pipeline expansion now estimates the project's costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion.That's according to a regulatory filing Trans Mountain Corp. provided to the Canada Energy Regulator on Monday. It...

Hong Kong’s grade A office rents to fall further, with mainland China demand below pre-pandemic levels, new supply coming online, analysts say

28 Feb Hong Kong’s grade A office rents to fall further, with mainland China demand below pre-pandemic levels, new supply coming online, analysts say

Posted at 00:30h in Asia

The S&P forecast comes after the overall vacancy rate for grade A offices in Hong Kong rose to 12.9 per cent as of January end – it stood at 12.8 per cent in December 2023 – driven by new completions, according to JLL. The vacancy...

27 Feb Highly anticipated Black Myth: Wukong among China’s latest batch of approved video games

Posted at 23:00h in Asia

China’s video gaming regulator has approved 111 new titles in February, including the highly-anticipated Black Myth: Wukong, giving the industry another confidence boost after a stock rout in December.The National Press and Publication Administration (NPPA), the government body in charge of licensing video games in...

27 Feb Chinese chip maker cleared of spying charges in US criminal trade secrets case

Posted at 22:28h in Asia

Chesney concluded that US prosecutors failed to prove that the Chinese state-sponsored company misappropriated proprietary data from Micron Technology Inc., American’s largest memory-chip maker, that allegedly passed through Taiwan’s United Microelectronics Corp. in a manufacturing deal with Fujian Jinhua. 02:05China imposes restrictions on US chip maker...

27 Feb A fluctuating Frosty? Wendy’s will test surge pricing at some U.S. locations in 2025

Posted at 20:58h in Canada

Craving a Frosty? Better get it on a slow day if you're going to a Wendy's that'll be testing surge pricing in the U.S. The company recently announced the move for some locations as part of its new digital menus to be launched next year.Known as "dynamic...

27 Feb Cineplex has made nearly $40M from online ticket fees at heart of drip-pricing lawsuit

Posted at 16:57h in Canada

Cineplex Inc. has made almost $40 million from online booking fees, which are central to a competition bureau lawsuit against the Canadian cinema chain.An agreed statement of facts filed in the case before the Competition Tribunal shows Canada's largest theatre owner made more than $11.6...

27 Feb State TV airs China’s first AI-developed cartoon series, as Sora sets off frenzy for text-to-video generation tech

Posted at 14:00h in Asia

State broadcaster China Media Group aired the country’s first cartoon series made with the help of generative artificial intelligence (GenAI) services, including text-to-video tools similar to OpenAI’s Sora, as the government calls on state-owned firms to pilot the use of AI in their businesses.The 26-episode...

Author: admin