Standard Chartered global CEO Bill Winters on Friday said he was “sorry” for comments describing “lower-value” workers, made while announcing job-cut plans earlier this week. Winters apologised in a LinkedIn post as he tried to cool debate among upset employees after he announced on Tuesday a 15 per cent cut of back-office staff at the…
Cybersecurity concerns have grown across the US government and private sector over the public release of powerful new AI systems. (EPA Images pic) WASHINGTON: US president Donald Trump on Thursday said he had postponed signing an executive order on AI because he did not like certain aspects of it and did not want to take…
The artificial intelligence boom is partially spurring investment in Asia-Pacific’s data centre properties with a record US$11.6 billion worth of capital poured into the segment in 2025, according to CBRE. In Hong Kong, while AI-related demand is unlikely to be met because of technical limitations, leasing of data centre space was supported by “hyperscale CSPs…
The Chinese University of Hong Kong (CUHK) has opened the city’s first full-stack interactive robotics lab, partnering with 24 tech firms, mostly from mainland China, to train talent and develop humanoid robots over the next five years. The Hong Kong Embodied AI Lab, established by CUHK’s Hong Kong Centre for Logistics Robotics under the government’s…
University student Harry Dong has spent more than two months sending out roughly 30 to 40 job applications across Hong Kong’s event management, technology and education sectors, but has secured only one interview so far. The 23-year-old University of Hong Kong student, who will graduate in December, said he had only applied for internship positions….
Researchers from Carnegie Mellon University warned that the rapid expansion of AI infrastructure, electrification, and grid modernization is creating long-term security and supply chain risks tied to dependence on Chinese-controlled energy and electronics technologies. In the paper ‘Electrotech Moneyball,’ published through the Carnegie Mellon Institute for Strategy and Technology (CMIST), researchers argued that the ‘electrotech…
Hong Kong industry leaders have called for priority hiring of local graduates and greater participation in overseas exchange programmes to address a shrinking job market, after full-time graduate vacancies plunged to about 31,000 last year. Their remarks were made on Thursday after the city’s labour minister revealed that vacancies suitable for university graduates fell from…
Hong Kong’s labour minister has dismissed calls to review the city’s immigration scheme for non-local graduates or to lower thresholds for talent schemes, despite a sharp decline in entry-level roles, arguing that the workforce is shrinking and the number of local degree holders is insufficient to meet demand. Secretary for Labour and Welfare Chris Sun…
Hong Kong is expected to play a greater role in major national clinical research projects and scientific breakthroughs, a mainland health official has said, pledging stronger support for local researchers at an annual medical conference. The remarks were made by a National Health Commission official at the Hospital Authority Convention on Monday, where the authority’s…
Cigarette butts will be considered “strong evidence” of a possible breach under a proposed construction site smoking ban, Hong Kong’s labour chief has said, even as he sought to reassure contractors that preventive measures could shield them from the maximum HK$400,000 (US$51,070) fine. Secretary for Labour and Welfare Chris Sun Yuk-Han revealed further details about…