EJ Insight

BUSINESS

Nvidia develops system to teach robots how to complete tasks

May 21, 2018 6:26pm

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 top AI executive Lu Qi stepping down

May 21, 2018 1:15pm

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...
Jack Ma uses his Alipay to buy copy of own newspaper

Ben Kwok - May 21, 2018 12:39pm

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...
Hunger grows for Asian fixed-income

Neil Dwane - May 21, 2018 9:30am

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 urges chip and hardware makers to tackle processor flaws

May 21, 2018 9:18am

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 to tackle ‘Wild West’ internet with new laws

May 21, 2018 9:14am

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...
GE nears deal to merge transportation unit with Wabtec: report

May 21, 2018 9:04am

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...
China denies it offered to slash US trade gap by US$200 billion

May 18, 2018 5:28pm

(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...
A stronger dollar could trigger the next financial crisis

Eric Lui - May 18, 2018 1:49pm

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...
Haidilao is hot pick for hotpot and IPO

Ben Kwok - May 18, 2018 1:48pm

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...

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WORLD

Why Xi’s dictatorship might spell bad news for CPC

Benny Tai - May 21, 2018 10:38am

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...
A blueprint to save the Iran deal

Guy Verhofstadt - May 21, 2018 9:54am

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 speculators’ new target: Apple commodity futures

Ko Tin-yau - May 21, 2018 9:01am

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....
S Korea, US to work closely on summit after Pyongyang threat

May 21, 2018 8:56am

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,...
US, China putting trade war on hold: Mnuchin

May 21, 2018 8:35am

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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Hong Kong

China is moving Hong Kong goalposts

In China’s long history, it has perhaps had more than its normal share of inventions, particularly from ancient China, such as the compass, gunpowder, papermaking and printing. What about sports? Well, it turns out...
Eight-month-old baby critical after falling into landscape pond

A baby boy is fighting for his life in a hospital after he fell into a landscape pond at a high-rise residential estate in Tsim Sha Tsui. At around 8 pm Saturday, the boy,...
Steve Hui, police spokesman during Occupy protests, retires

The 79-day Occupy Movement of 2014 marked one of the lowest points in the post-handover history of the Hong Kong police force from the public’s perception, with the young activists accusing the officers of...
Decades-old banyan trees chopped down despite protests

The Lands Department on Sunday brought the axe down on two decades-old banyan trees on Hong Kong Island despite opposition from conservationists, some of whom staged hours-long protests at the site and tried in...
Jack Ma uses his Alipay to buy copy of own newspaper

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...