Oil tanker near terminal at Kharg Island in Iran

    Treasury sanctions Chinese refinery Hengli over Iran oil purchases

    NEWYou can now listen to Fox News articles! The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Friday sanctioned a major Chinese oil refinery and dozens of ships tied to Iran’s “shadow fleet,” escalating efforts to choke off Tehran’s main source of revenue. Officials said in a press release the move targets Hengli Petrochemical,…

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      China’s DeepSeek unveils latest model a year after upending global tech | Technology News

      Chinese startup says DeepSeek-V4-Pro beats all rival open models for maths and coding. Published On 24 Apr 202624 Apr 2026 China’s DeepSeek has unveiled the latest versions of its signature artificial intelligence-powered chatbot, a year after its flagship model sent shockwaves through the global tech scene. The Chinese start-up launched preview versions of DeepSeek-V4-Pro and…

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      Terry Wong, chief executive of HKSTP, says the Global Connect – Global Innovation Exchange is a new platform intended to bring together international networks, delegations and innovation communities for collective growth.

        Hong Kong made a new go-to as global tech gateway

        [The content of this article has been produced by our advertising partner.] A new international network, Global Connect – Global Innovation Exchange (GIE), was set to facilitate scale-ups win business, raise capital and find partners as they move between Hong Kong, the Chinese mainland and overseas markets. Unveiled in March by the Hong Kong Science…

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        Speakers from Cathay, AIA Hong Kong and Macau and Nan Fung Group share insights on scaling AI and upskilling the workforce.

          From pilots to productivity: AI finds its footing in business

          [The content of this article has been produced by our advertising partner.] AI-enabled solution providers and corporate gathered at Hong Kong Science Park on March 24 to examine real-world use cases of AI as it shifts from experimental pilots into connected, operational systems across multiple sectors. The “Connected Intelligence: AI & Robotics Across Industries” event…

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            Technology in China | AnewZ

            China’s software and information technology services industry is on track to exceed 20 trillion yuan (around $2.9 trillion), underscoring the country’s rapid digital expansion and growing influence in the global technology sector. The industry has expanded rapidly in recent years, with annual revenues already surpassing 15 trillion yuan. This growth is being driven by strong…

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            Officiating guests at the launch of Octopus Easy Ride in Hong Kong. From left: Nora Tang, head of transport business at Octopus; Lothair Lam, Legislative Council member (transport functional constituency); Tim Ying, chief executive of Octopus; (right) Lam Wai Kong, Legislative Council member (labour functional constituency); Ben Chan, chairman of the Legislative Council’s Panel on Transport; and Candy Kwok, deputy commissioner for transport. The event marked a milestone in taxi e-payment adoption and the local debut of the Easy Ride feature.

              From tap to taxi | South China Morning Post

              From payment tool to mobility layer Introduced in 1997 as a stored-value card for public transport, Octopus has long been integral to the city’s transport network. Its use now spans retail, parking and online transactions, with this booking function bringing reservation, payment and fulfilment into the same system. “With Easy Ride built into the Octopus…

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