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BUSINESSHong Kong International Airport has become one of the first two organisations certified under an international aviation industry group’s digital identity programme, as it seeks to expand its facial recognition system beyond the city. However, the wider adoption of facial recognition technology has…
BUSINESSLeading Chinese robotics company Unitree Robotics on Wednesday reported a 69.93 per cent year-on-year increase in quarterly revenue to 665 million yuan (US$99.7 million), though net profits excluding non-recurring items fell 17.42 per cent to 105 million yuan, as the company released its first…
BUSINESSSome readers, especially non-Americans, might wonder what the recurring squabbles in Washington over the debt ceiling and government shutdowns mean. That’s understandable. In virtually every country in the world, when the legislature approves a budget that results in net new borrowing of, say, 50…
BUSINESSThe People’s Liberation Army (PLA) has held defence strategy consultations with France and Germany over the past week despite mounting trade tensions between Beijing and Europe. A PLA strategy consultation delegation visited France and Germany from October 21 to 28 for the talks, according to a…
BUSINESSHuawei Technologies is already integrating elements of the Tau Scaling Law – a new chip design principle that helps the company overcome US export controls – into its wireless communications network, as it pushes for broader adoption across its products. The Chinese tech giant is using the “time…
BUSINESSHong Kong’s lived-in home prices fell 0.8 per cent in the third quarter, their first quarterly decline after five quarters of gains, as a September rebound failed to fully offset a summer slowdown in the residential market. Prices rose 0.19 per cent in September from August, marking a second…
BUSINESSJapan’s push to expand industrial and port cooperation with Bangladesh could transform the South Asian country into a regional trade gateway, analysts say, connecting markets in Southeast Asia and the wider Indo-Pacific while diversifying Dhaka’s economic ties. The plan was announced during…
BUSINESSChinese social media users were touched by the story of a young man who, six years ago, was encouraged by a strawberry farm owner he discovered through an English exam question – and has now fulfilled the promise they made. He Ziqi, a postgraduate student in artificial intelligence at the Central…
BUSINESSPrivate jets, fine jewellery, watches, superyachts and luxury property will feature in a new Hong Kong exhibition offering business opportunities to “brands, yacht owners and connoisseurs”, according to the organiser. The inaugural Festival of Connoisseurs, set to take place between November 4 and…
BUSINESSFor three decades, Lao Gan Ma’s glass jars, bearing the stern portrait of founder Tao Huabi, have been a fixture on Chinese dinner tables and a symbol of traditional food manufacturing. This week, however, the iconic chilli sauce has become an unlikely focus of public anxiety over artificial…
BUSINESSWe have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. BYD to build new factories in Europe to beat trade barriers aimed at Chinese EVs…
BUSINESSMalaysia will still lose tens of billions of ringgit to the 1MDB scandal even after further overseas asset recoveries, its second finance minister said on Wednesday, as disgraced former prime minister Najib Razak prepares to move to house arrest. Najib has been imprisoned since 2022 following his…