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The United States has been constructing a new dimension of its economic security policy: outbound investment rules. Since January last year, Washington has not only established its first outbound investment screening programme but codified it into law and explicitly provided for its expansion.
These rules are gaining teeth, giving rise to a compliance architecture that conditions US foreign...
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Women in Iran can now formally obtain a licence to ride a motorcycle, local media reported on Wednesday, ending years of legal ambiguity surrounding two-wheelers.
Previously, the law did not explicitly prohibit women from riding motorbikes and scooters, but in practice authorities refused to issue licences.
Due to the grey area, women have been held legally responsible for accidents even when...
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Moore Threads – one of China’s domestic artificial intelligence chip champions – has entered the intensifying race for AI coding tools with the launch of a new service built on its latest graphics processing unit (GPU).
The Beijing-based company on Tuesday unveiled its “AI Coding Plan”, a vertically integrated development suite that runs on a fully domestic hardware-to-model stack, marking a...
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The chief executive of Hong Kong’s Cathay Pacific Airways has told staff that the airline expects to pay a higher profit-sharing bonus for 2025 than in the previous year, as the carrier posted stronger financial results and achieved a record customer satisfaction score.
In a letter circulated to employees on Wednesday, CEO Ronald Lam Siu-por said the company anticipated keeping payouts under its...
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In the dead of night, officers from Malaysia’s maritime agency boarded two tankers that were transferring millions of barrels of oil in the waters off Penang, as the re-emergence of ageing vessels from a shadow fleet in the country’s waters has put the spotlight on the illegal trade in Asia.
The January 29 bust was a rare disruption to a trade worth billions of dollars each year – much of it...
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China will “deeply participate” in agricultural trade and expand imports of products in short domestic supply, a senior official said on Wednesday, signalling strong and sustained demand for overseas soybeans – a long-standing food security concern and a flashpoint in its ties with the United States.
Despite a tight balance between production and demand, China would diversify import sources and...
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Leading US and Chinese artificial intelligence models are frustrating to use in real-world settings because they struggle to learn from context, Tencent Holdings said in a new technical paper – the first co-authored by Vinces Yao Shunyu since he took up the role of chief AI scientist at the firm.
AI developers need to place “context learning” at the centre of future model design if their...
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A 62-year-old man who fled Hong Kong after a brutal murder on a Sai Kung beach nearly 37 years ago has been arrested in Thailand and will be extradited back to the city on Thursday, the South China Morning Post has learned.
Mui Yiu-keung was reportedly detained on Monday at a house in Bangkok’s Nong Chok district.
Thai police said the arrest was made at the request of Hong Kong authorities, who...
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Wang Huning, mainland China’s top official on Taiwan affairs, told the vice-chairman of the Kuomintang (KMT), the island’s main opposition party, that Beijing sought to promote cross-strait exchanges and peace.
KMT vice-chairman Hsiao Hsu-tsen was received by Wang, chairman of the Chinese People’s Political Consultative Conference and Beijing’s No 4 official, and Song Tao, head of the mainland’s...
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Pressure from the United States remains a major challenge in CK Hutchison Holdings’ arbitration against Panama and it may take years to resolve the dispute, legal and political experts have said of the continuing controversy over the Hong Kong conglomorate’s ports.
The company, led by billionaire Li Ka-shing’s family, said on Wednesday that its subsidiary, Panama Ports Company (PCC), had...