Key moments Wage growth slows, and the unemployment rate rises Thames Water’s senior creditors submit a £5 billion rescue plan Asian shares buoyed as US-China trade talks continue for a second day in London Wage growth cools and jobless rate rises to 4.6% UK wage growth slowed in the three months to April and unemployment…
HiTS (Shanghai) Hydrogen Power Technology, which aims to be the BYD of commercial drones powered by hydrogen fuel cells, plans to set up research and assembly operations in Hong Kong to serve international markets, according to its chief financial officer. Just as the world’s leading electric-vehicle maker BYD also makes EV batteries, HiTS has expertise…
HONG KONG — U.S. President Donald Trump’s administration has significantly expanded the trade blacklist it inherited from the previous Joe Biden team, aiming to further constrict China’s capabilities to develop artificial intelligence and advanced computing, as well as direct military technologies like hypersonic missiles. The Bureau of Industry and Security (BIS) of the U.S. Commerce…
TOKYO/DALIAN, China — Generative artificial intelligence is rapidly becoming more enmeshed in everyday life in China, fueling the rise of ByteDance’s AI chatbot to the second-most widely used in the world. “I had a fight with my wife, how can we make up?” asks an 37-old office worker in the city of Dalian in northeastern China, who seeks assistance…