News
HK must pivot to 'super value-adder' to secure economic future, major bew report urges
1+ hour, 28+ min ago (490+ words) Hong Kong is standing at a critical economic crossroads and must evolve beyond its traditional role as a global middleman to become a "super value-adder" for businesses expanding internationally. This is the central conclusion of a comprehensive new blueprint, backed…...
GE Aerospace CEO Larry Culp visits China's state planner headquarters
21+ hour, 33+ min ago (130+ words) Culp's visit to the NDRC building comes after U. S. President Donald Trump told Fox News that following talks in Beijing with his Chinese counterpart Xi Jinping on Thursday China had agreed to'order 200 Boeing BA. N jets, its first purchase of U. S. -made…...
Closing arguments in blockbuster trial pitting Musk against Open AI
1+ day, 2+ hour ago (601+ words) Lawyers for Elon Musk and Open AI presented closing arguments Thursday in a blockbuster trial where the verdict could hobble Chat GPT's parent company in the breakneck race for AI supremacy. The three-week trial in Oakland, outside San Francisco, has…...
Three men charged with conspiracy to subvert state power following investigation
1+ day, 18+ hour ago (287+ words) The National Security Department (NSD) of the Hong Kong Police Force has officially charged three young men with conspiracy to commit subversion after investigations uncovered an alleged underground syndicate focused on paramilitary training. The group is accused of organizing combat…...
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
2+ day, 14+ min ago (863+ words) The U. S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as CEO…...
King of Lan Kwai Fong Allan Zeman on business, HK, and AI
2+ day, 4+ hour ago (316+ words) Growing up in suits and ties, Allan Zeman compares business to fashion " ever-changing and feeding into the latest trends. "People's tastes are always changing," said the businessman and former Ocean Park chairman. "Hong Kong is in the fashion business; they…...
Amber expands into agent-native financial infrastructure
2+ day, 17+ hour ago (140+ words) Amber International said it is building on Amber Premium's digital wealth management business to expand into agent-native financial operating infrastructure for the AI Agent Economy. Management stated that competition in financial services is moving from interfaces to underlying workflows, as…...
ECB urges banks to quickly prepare for AI-assisted cyberattacks
2+ day, 15+ hour ago (306+ words) European Central Bank board member Frank Elderson on Wednesday urged banks in the euro area to quickly prepare for potential cyberattacks launched with the help of Anthropic's Mythos AI model or similar tools. Elderson, who is vice chair of the…...
Tencent Q1 adjusted profit rises 11pc to 67. 9b yuan, meets expectation
2+ day, 20+ hour ago (245+ words) Tencent (0700) posted its first-quarter adjusted net profit rose 11 percent year-on-year to 67. 9 billion yuan (HK$78. 3 billion) on robust gaming demand and expanding artificial intelligence-related services, in line with the market expectation. The Chinese tech giant also recorded a better-than-expected net profit…...
AI rivalry overshadows push for guardrails at Xi-Trump talks: experts
3+ day, 31+ min ago (630+ words) Fears that artificial intelligence could help people design bioweapons or hack into national infrastructure are mutual concerns for Xi Jinping and Donald Trump, despite their countries' fierce rivalry over the technology, analysts say. As the leaders prepare for a rare…...