China on Wednesday staged its first major military parade in six years, showcasing progress in its long-running military modernisation in weapons ranging from torpedo-like sea drones to long-range missiles. Ahead of the parade, marking the 80th anniversary of the end of World War Two, Chinese officials said the military was displaying how it could harness…
Discussions with the White House to allow American AI chip company Nvidia to sell a less advanced version of its next-generation GPU chip to China will take time, Nvidia CEO Jensen Huang said on Thursday. When asked about White House talks on Blackwell chip sales to China in a Fox Business News interview, Huang said…
According to photos and footage circulating online, the uncrewed vessel was transported on a heavy semi-trailer and features a number of obvious stealth designs, including angled surfaces, a faceted hull and concealed superstructure. Online commenters said the structure would also have concealed antenna and radar, all aimed at reducing infrared, visual, and acoustic signatures. The…
Nearly half of the biotech and technology start-ups seeking initial public offerings (IPOs) in Hong Kong are opting for confidential filings under a new listing channel that allows them to protect sensitive data, according to a lawyer with international law firm Cooley. Companies choosing confidential filings often have concerns about sensitive information being released to…
Nearly half of the biotech and technology start-ups seeking initial public offerings (IPOs) in Hong Kong are opting for confidential filings under a new listing channel that allows them to protect sensitive data, according to a lawyer with international law firm Cooley. Companies choosing confidential filings often have concerns about sensitive information being released to…
China’s cyberspace regulator has summoned Nvidia to explain whether its H20 chips have any “back-door safety” risks, casting a shadow over the US chip giant’s local operations. The Cyberspace Administration of China (CAC), the agency responsible for cybersecurity, said in a statement on Thursday that it had summoned and interviewed Nvidia regarding the risks associated…
A deadline for exclusive talks on a US$23 billion sale of global port stakes by Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings passed without a deal on Sunday, with analysts expecting complex negotiations to be extended amid intense US-China geopolitical rivalry. The controversial transaction involved CK Hutchison selling stakes in 43 ports, including two…
MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to people familiar with the matter. China International Capital Corporation and UBS are the sponsors for the listing, according to the sources, who declined to be identified for discussing…
MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to people familiar with the matter. China International Capital Corporation and UBS are the sponsors for the listing, according to the sources, who declined to be identified for discussing…
Britain’s economic output shrank by 0.1% in May, official data showed on Friday. Economists polled by Reuters had mostly forecast that gross domestic product would rise by 0.1% from April’s level. Britain’s economy expanded rapidly in the first quarter of 2025, outstripping growth in other countries in the Group of Seven advanced economies. In May…