China has approved a drug to treat Alzheimer’s, becoming only the third country after the US and Japan to fast track its sale to treat the irreversible and progressive brain disorder.The nation’s drugs regulator on Tuesday said Leqembi, an antibody that has shown to slow...
China is expected to “work within those constraints and try to make progress” by tapping into domestic AI accelerator programmes and being more economical in using computing resources, said Nicolas Gaudois, head of Asia-Pacific technology research at UBS, during a webinar hosted by the...
Alibaba Group Holding’s DingTalk launched an updated version of its workplace collaboration app on Tuesday with the addition of an artificial intelligence (AI) agent function to help users streamline and customise their workflow.The development comes amid a flurry of activity in the AI sector as...
Chinese carmakers are expected to sell 5 million vehicles overseas in 2024, with much of the demand coming from developing markets such as Southeast Asia and firmly establishing China as the world’s No 1 exporter, according to the latest forecast by UBS.The Swiss bank...
Cainiao, Alibaba Group Holding’s logistics unit, will open a new service for consumers in the US to allow them to package several items they have bought together, cutting delivery times to as little as five days.Cainiao said in a statement on Tuesday that the cross-border...
“When you think about global players, I think we are one of less than a handful of companies that have everything that it takes to be able to truly provide a smart home solution,” Gold said after the Hisense presentation. “We have all the ingredients,...
“Green technology and disruptive innovation will increasingly drive investment and business decisions in sectors most exposed to the carbon transition, but lacklustre economic conditions and geopolitical strains will pose hurdles to net-zero ambitions,” Moody’s analysts led by vice-president and senior credit officer Rebecca Karnovitz...
An on-demand delivery firm affiliated with Chinese e-commerce giant JD.com lost 46 per cent of its stock value in New York on Monday, following an inquiry into “suspicious” data during an internal audit, dealing a fresh blow to confidence in China’s tech stocks....
For one, property rights are still not completely secure in China. It’s no wonder some of China’s wealthy have set up family offices in Singapore, which is ranked second globally on property rights protection by the Property Rights Alliance’s International Property Rights Index.While China has...
Typhoon Doksuri, which triggered extreme flooding across China last summer, was one of the costliest natural disasters worldwide in 2023, leaving a multibillion-dollar shortfall in insurance coverage, according to experts.The catastrophe caused US$25 billion in economic losses, the second-costliest natural disaster worldwide and the costliest...