This development should bring markets some relief, he added at the event, which was not open to media. Wall Street’s major indexes jumped after a news report on Bessent’s comments at the event, which took place on the sidelines of the International Monetary Fund and World Bank’s Spring Meetings. BessentContinue Reading
SINGAPORE: Sino Group chairman Robert Ng and three of his children – Mr Daryl Ng, Ms Nikki Ng and Mr David Ng – have been designated as “politically significant persons” under a law to counter foreign interference. It comes about two weeks after they were served a notice of the authorities’Continue Reading
SHANGHAI: Chinese e-commerce giant JD.com highlighted anti-competitive pressures on food delivery couriers in a social media post on Monday (Apr 21), alleging that other platforms were coercing couriers to avoid working with JD Takeaway. JD Takeaway began onboarding restaurants in February with promises of “zero commissions all year round”, markingContinue Reading
Beijing: China on Monday (Apr 21) said it “firmly opposes” other countries making trade deals with the United States at Beijing’s expense, warning it would take “countermeasures” against them. China will take the countermeasures in a “resolute and reciprocal manner” if any country sought such deals, its commerce ministry said,Continue Reading
Flagship Chinese restaurant 500 Weihai Road, led by chef de cuisine Scott Bao serves up modern Shanghainese cuisine with a focus on seafood. The lunchtime a la carte buffet is a great way to work your way through delicate tasting portions of various signature dishes like the light yet flavourfulContinue Reading
Youqi’s first attempt at large-scale durian farming on this land was in 2019. Yet, the first phase saw 6,000 seedlings die, with a survival rate of just 60 per cent, resulting in an economic loss of 70 million yuan (US$9.6 million). The company later adopted an approach to grow differentContinue Reading
VIETNAM’S SUBTLE SHIFT Xi’s visit offered Vietnam an opportunity to secure Chinese backing for its ambitious development agenda. Foremost among Hanoi’s priorities is advancing investment-led growth over the coming decade, necessitating enhanced infrastructure cooperation with China. While Vietnam has traditionally approached China’s Belt and Road Initiative with caution, recent developmentsContinue Reading
While capabilities like dancing can be fun and eyecatching, they don’t actually show how useful humanoid robots are in real-world situations, says Fern. Even being able to run a half marathon isn’t a very useful benchmark for their skills—it’s not like there’s market demand for robots that can compete withContinue Reading
Just three months into the Trump administration’s promised crackdown on immigration to the United States, Immigrations and Customs Enforcement now has a $30 million contract with Palantir to build a “near-real time” surveillance platform called ImmigrationOS that would track information about people self-deporting (electing to leave the US). Meanwhile, theContinue Reading
BEIJING: Twenty-one humanoid robots joined thousands of runners at the Yizhuang half-marathon in Beijing on Saturday (Apr 4), the first time these machines have raced alongside humans over a 21 km course. The robots from Chinese manufacturers such as DroidVP and Noetix Robotics came in all shapes and sizes, some shorterContinue Reading
