Chinese artificial intelligence models from seven major developers combined generate only about 10 per cent of the revenue reported for OpenAI and Anthropic, even as investor enthusiasm remains intense, according to US-based research firm Rhodium Group. The Chinese AI models earned an estimated US$10.7 billion in annual recurring revenue (ARR) from March to ...

Doctors in Hong Kong have been urged to arrange blood tests for patients with symptoms of chikungunya fever, regardless of their travel history, after the city recorded its first local case of the mosquito-borne disease this year. The Centre for Health Protection issued a reminder to doctors on Thursday after a 55-year-old woman with no recent travel ...

North Koreas underground nuclear tests have triggered a chain of seismic events, activating ancient fault lines that stretch towards one of the most dangerous volcanoes on Earth, about 100km (62 miles) away, according to a paper published by the journal Science. The joint Chinese and South Korean study, which appeared on Thursday, found that the five ...

South Korean President Lee Jae Myung has drawn a clear line against any US request for Seoul to join the war against Iran, explicitly ruling out the dispatch of troops or military assets that could involve his country in the conflict. The stance comes amid mounting public opposition to any military deployment and growing pressure from Washington for Seoul ...

China has begun mass production of a super-coating that can cut wall temperatures by 25 degrees Celsius in summer, according to the state-run Science and Technology Daily. The material, which has undergone six months of real-world testing at a petrochemical plant in the southern island province of Hainan, uses the principles of radiative cooling. It ...

China has set its sights on becoming a global biomedicine powerhouse by 2030, targeting key technological breakthroughs and at least a quarter of the worlds first-in-class drugs market under a new five-year plan for the sector. By the end of the decade, China would firmly rank at the global forefront in biopharmaceutical research and development and ...

Indonesia welcomed its first aircraft carrier on Friday, a former Italian warship that the government says will strengthen the archipelago nations maritime security and disaster response capabilities. The 41-year-old former ITS Giuseppe Garibaldi, with capacity for short take-off and vertical landing aircraft and helicopters, was welcomed with a military ...

The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point this week, followed by the Hong Kong Monetary Authority and the Bank of Japan, while the 10-year US Treasury yield fell back below 5 per cent. Here are some of the figures that have drawn the most market attention this week. Fed raises interest rates for first time ...

Philippine police confirmed a shooting at a high school in the southern Philippines on Friday, with injuries reported. We have injuries. Not just one but we are verifying more details, Police Chief Master Sergeant Reggie Faderon said. More to follow

Senior bankers at HSBC are facing a double blow of losing a key employment benefit while also confronting potential job losses as the lender carries out a range of measures to cut costs and achieve fair treatment for all staff, according to sources. HSBC, the biggest lender in Hong Kong, will scrap an education subsidy programme for all newly hired or newly ...

For generations, the narrative of New Zealands human settlement has held that Polynesian voyagers the ancestors of the Maori arrived and settled the islands in the 13th century, followed by European explorers in the 17th century. This timeline underpins New Zealands history and its political model. The Treaty of Waitangi, signed in 1840 between the ...

Polling stations opened Friday in Russias Far East, kicking off a three-day election that President Vladimir Putins party is all but guaranteed to win in the fifth year of war with Ukraine. It will be Russias first parliamentary election since Moscow sent troops to Ukraine in February 2022. The conflict has since killed hundreds of thousands. Only parties ...

Heavy rains triggered flooding and landslides across northern Vietnam, killing three people and damaging thousands of homes as well as more than 22,000 hectares (54,000 acres) of crops. The northern region has experienced downpours since Monday, with some areas receiving as much as 653mm (26 inches) of rain, according to a statement on the governments ...

Talent attracted to Hong Kong under various admission schemes could add about 1.2 per cent to the citys gross domestic product (GDP) each year, according to the city leader, who said more than half of those reaching the three-year mark were willing to stay. Chief Executive John Lee Ka-chiu said on Friday the government had attracted more than 300,000 people ...

Two decades into an insurgency that has killed thousands in southern Thailand, a leader of the main MalayMuslim separatist group has vowed to keep fighting until it achieves its goals. This struggle will continue until the end of time, Nikmatullah Seri, the spokesman for the Barisan Revolusi Nasional (BRN) peace negotiation delegation, said in a rare ...

A Hong Kong IT analyst has been remanded in custody after being charged with killing his wife in a flat at a private residential estate two days ago. Wong Chi-kwong, 51, was brought to Eastern Court for the first time on Friday to face a count of murder. Police arrested him on Wednesday after his wife, 53-year-old Wong Yuk-ting, was found dead in a flat in ...

We have selected seven stories from this weeks news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China launches Pinglu Canal, slashing transit time to Southeast Asia China officially opened ...

Malaysias Pardons Board on Friday agreed to allow disgraced former prime minister Najib Razak to serve out the remainder of his jail term under house arrest. King Sultan Ibrahim Iskandar granted Najib a conditional pardon, where the former leader is required to settle his 50 million ringgit (US$12.3 million) fine before he can be transferred to his home to ...

Some residents have started paying tribute to Hong Kongs first chief executive Tung Chee-hwa on Friday morning, bringing flowers and writing heartfelt messages in condolence books placed at three community halls across the city. The condolence signing is arranged for the public a day ahead of Tungs vigil on Saturday, followed by a state funeral on Sunday. ...

Malaysia could struggle to preserve some domestic air links if low-cost carrier AirAsia is forced to scale back operations, analysts have warned, as rival airlines would have little commercial incentive to take over unprofitable routes. That reality could leave the government facing a stark choice: allow domestic flight services to shrink or step in with ...

This article was first published on September 18, 2006. Breezy launch is on the cards By Dennis Eng The Ngong Ping 360 cable car will open today in one of the windiest months of the year, according to the Hong Kong Observatory. Windy conditions with gusts reaching 90km/h occur on 5.5 days for a total of 52 hours in September on average, according to ...

The opening of Chinas first new river-to-sea canal since 1949 which will boost trade links with Southeast Asia could transform the economy of the countrys landlocked southwestern interior in ways comparable to the Yangtzes role in Shanghais rise, according to its operator. The 134.2km (83.4 mile) Pinglu Canal, which opened on Wednesday, links a major ...

China is seeing a fresh fundraising boom for AI drug developers, with start-ups including a ByteDance spin-off raising hundreds of millions of dollars this week as investors rush to back domestic challengers to Anthropic and Isomorphic Labs. Anew Labs, a Shanghai-based AI drug discovery firm that was formerly a unit of Chinese tech giant ByteDance, has ...

Hong Kongs redeveloped Huanggang Port could begin operations as early as October 12, allowing cross-border travellers to complete Hong Kong and mainland Chinese immigration procedures in a single inspection under a new joint clearance system. The South China Morning Post learned on Friday that authorities were targeting the date for the launch, although ...

A 13-year-old boy from eastern China has garnered significant attention online for his ability to leverage artificial intelligence and programming to solve everyday challenges. Yang Xizhe, a junior secondary school student from Hangzhou, Zhejiang province, stands at an impressive 1.9 metres tall and has amassed a following of over 500,000 on mainland social ...