The recent bumper growth in Hong Kong exports spilled into May as they expanded by 40.8 per cent year on year, with artificial intelligence-related products continuing to fuel already robust overseas demand. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports rose to HK$611.2 billion (US$77.95…
Open this photo in gallery: Patients lie outside a hospital evacuated after it was damaged in an earthquake in Catia La Mar, Venezuela on Thursday.Pedro Mattey/The Associated Press World leaders reacted Thursday with messages of solidarity and offers of assistance after two powerful earthquakes shook Venezuela, killing at least 164 people, injuring more than 1,000…
While Japan, Taiwan, and South Korea dominate the market spotlight, Hong Kong has been languishing since the start of the year. The Hang Seng is down 10%, placing it at the back of the pack among major global indices. The Hong Kong Stock Exchange is going through a rough patch. Recording its seventh session of…
We’ve all learned by now that the headline price of flights is rarely what you end up paying. At first, you’re punching the air after finding a return to Barcelona for just £30, only to realise that if you want to bring a cabin bag, sit next to your pals or have travel insurance, that price…
Global forex markets turned notably quieter on Thursday as major currency pairs and crosses consolidated within Wednesday’s ranges. The pause came despite a sharp improvement in risk sentiment after Micron delivered blockbuster quarterly earnings, easing concerns that this week’s technology selloff had marked the beginning of a broader unwind in the AI trade. Asian equities…
Micron stock soared on Thursday after the memory maker reported blockbuster third-quarter earnings as the artificial intelligence boom causes demand for memory to surge. Shares climbed as high as 19%, pushing Micron’s market cap above Meta and Tesla among the most valuable U.S. companies. The stock later pared those gains. The company’s revenue more than…
A Premier League match generates millions of data points before the final whistle even blows. Player tracking. Possession. Sprint speed. Fan engagement. The real value lies in what that data can unlock for fans. In this episode of FOS Explains, Derryl Barnes breaks down how Microsoft Azure powers the Premier League’s real-time data infrastructure, turning…
Hong Kong’s deadliest inferno in decades was a result of a “systemic failure” in public policy, two fire engineering experts have said, citing the lack of strategies to fight flames on the facades of high-rise buildings and the prolonged use of combustible materials in “temporary” works. An independent committee inquiry heard on Thursday that last…
The underwhelming box-office collection of Masters of the Universe has not only surprised fans but has also drawn a confused reaction from the original He-Man star, Dolph Lundgren. The Swedish actor, who embodied Prince Adam in the 1987 epic, noted in a recent interview that he doesn’t understand why the Nicholas Galitzine-led He-Man movie has…
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