Date
21 May 2018

BUSINESS

  • Nvidia Corp., a US designer of graphics processing units (GPUs), says its researchers have developed a system that can teach a robot how to perform a task by observing human actions. Calling it “a first of...
  • Baidu’s chief operating officer Lu Qi, who oversaw the company’s artificial intelligence (AI) drive, is stepping down in July, less than two years into his tenure in China’s biggest search engine, Reuters reports. Baidu’s stock tumbled...
  • Alibaba Group chairman Jack Ma was spotted in a Causeway Bay convenience store buying a copy of the South China Morning Post, which he owns. One wonders why a photo of such a candid moment would go...
  • The financial crisis that affected Asia in the 1990s scarred both the region and its governments, prompting politicians and policymakers to learn from their mistakes. With structural reforms, tighter regulations and improved capital requirements, their efforts...
  • Germany’s federal cyber agency called on chip and hardware makers to address new vulnerabilities discovered in computer central processing units, but said no complete fix was possible at the moment, Reuters reports. The BSI said its...
  • Britain will tackle “the Wild West elements” on the internet — from cyber-bullying to online child exploitation — by introducing new laws for social media companies, the nation’s culture secretary said on Sunday. Launching a consultation...
  • General Electric Co. is nearing a deal to merge its transportation business with Wabtec Corp, a US maker of equipment for the rail industry, Reuters reports, citing sources familiar with the matter. A deal valuing the...
  • (Updated; last posted at 3:53 p.m.) China denied on Friday that it had offered a package to slash the US trade deficit by up to US$200 billion, hours after it dropped an anti-dumping probe into US...
  • Let’s revisit how the Hong Kong market collapsed in the second quarter of 2015. The Hang Seng Index slumped as much as 36 percent to 18,278 points on Feb. 12, 2016, from a high of 28,588...
  • The name is hot, and the IPO is probably hotter. Hotpot chain Sichuan Haidilao Catering has filed for an initial public offering in Hong Kong, seeking to raise up to US$700 million. Sichuan province, in southwestern...

WORLD

  • President Xi Jinping might be eagerly enjoying his unparalleled political power following his successful bid to have his ideology enshrined in the constitution and getting the presidential term limits removed so as to clear the way...
  • There can no longer be any doubt that “America First” means precisely that. In abandoning the 2015 Iran nuclear deal, US President Donald Trump rejected the advice of allies and showed an utter disregard for the...
  • China’s Zhengzhou Commodity Exchange launched the nation’s first apple futures in December last year. Normally, the daily turnover volume is just a few billion yuan, but since May, the volume spiked to over 100 billion yuan....
  • South Korean President Moon Jae-in and his American counterpart Donald Trump held discussions on Sunday to ensure that the North Korea-US summit remains on track after North Korea threatened to pull out of the high-level talks,...
  • The US trade war with China is “on hold” as the two sides agreed to drop their tariff threats while they work on a wider agreement, US Treasury Secretary Steven Mnuchin said over the weekend. “We...

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