Cao Ting, a leading artificial intelligence researcher and former research manager at Microsoft Research Asia (MSRA), has left the US tech giant to join Tsinghua University, as AI becomes a new front in the US-China tech rivalry. According to the university’s website, Cao left MSRA in July to join Tsinghua’s Institute for AI Industry Research…
We have selected seven Lifestyle and Culture stories from the past seven days that resonated with our readers. If you would like to see more of our reporting, please consider subscribing. 1. Is copper an unsung hero in the fight against Alzheimer’s disease? When you hear the word copper, you may think of the malleable…
Some mainland Chinese technology companies are choosing to take advantage of Hong Kong’s policies and government support to help mitigate geopolitical risks in their international expansion. Insta360, a company listed in Shanghai that holds a 70 per cent share of the global panoramic camera market, is having its Hong Kong distributor open the company’s first…
Aug 17, 2025 China’s stock market, valued at $11 trillion, has failed to incentivize consumer spending due to poor equity returns over the past decade, according to a Bloomberg report. A $10,000 investment in the S&P 500 Index a decade ago would now have more than tripled, while the same amount in China’s CSI 300…
China is requiring its data centres to use more home-grown computing chips in a move that underscores Beijing’s accelerated efforts to cut reliance on foreign technology as the US tightens export controls. Publicly owned computing hubs across the country have been asked to source more than 50 per cent of their chips from domestic producers…
Australia unemployment rate eases to 4.2% in July Australia’s unemployment rate eased to 4.2% on a seasonally-adjusted basis in July, in line with estimates of economists polled by Reuters. The reading was lower than the 4.3% recorded in June, data released by the Australian Bureau of Statistics on Thursday showed. Meanwhile, the number of employed…
US chipmaker Micron Technology has started a new round of lay-offs that is expected to shed hundreds of jobs in mainland China, as part of the company’s global retreat from the lacklustre mobile NAND memory market. Micron – with offices in Shanghai, Shenzhen and Xian, capital of northwestern Shaanxi province – said “continued weakness in…
Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from local rivals amid intense competition in the country’s premium electric vehicle (EV) segment. The US company announced on Tuesday that the new car, which has a range of 830km, would be priced at 269,500 yuan…
Chinese and Hong Kong stocks open flat Chinese and Hong Kong stocks were little changed Tuesday, as investors assessed the latest developments in U.S.-China trade relations. As of 9:45 a.m. local time (9:45 p.m. ET Monday), the Hang Seng Index moved down 0.1%, while mainland’s CSI 300 was flat. — Amala Balakrishner SoftBank Group shares surge 8% Shares…
Huawei Technologies is set to unveil a technological breakthrough that could reduce China’s reliance on high-bandwidth memory (HBM) chips for running artificial intelligence reasoning models, according to state-run Securities Times. The announcement will take place in collaboration with China UnionPay at the 2025 Financial AI Reasoning Application Landing and Development Forum in Shanghai on Tuesday,…