After Ping An Bank became the first listed Chinese lender to formally adopt rules governing its use of artificial intelligence, analysts said more mainland institutions were likely to follow, with the move setting an early benchmark for how far the sector can go in applying the technology. The Shenzhen-listed bank said in a filing on Wednesday that its board had approved AI management measures, following a regulatory push for banks to strengthen oversight of AI use. The full rules have not been...
Read full articleFive years ago, Sarah and her husband were optimistic about Japan’s economic future and were expanding their small businesses across several sectors. Today, that optimism has been replaced by concern over a sense of hostility towards two hard-working foreigners who feel they have contributed to the society that they have worked hard to fit into. New regulations that took effect on Thursday mean the two Britons, who have been in Japan for more than 10 years, now face significantly higher costs...
The State Department has denied its funding for the next two years, jeopardizing the education of hundreds of female Afghan students.
Like many films released during Chuseok, South Korea’s national mid-autumn harvest festival, The Assassin(s) shot right to the top, selling more than a million tickets in its first four days. But the box-office success of the film about the 1974 assassination attempt on former president and military leader Park Chung-hee was quickly overshadowed by calls to halt screenings, as well as a police complaint against the film’s director and producers. Park loyalists and conservative politicians are...
When the time came to renew his certificate of entitlement (COE), Andrew Tan hit the brakes on coughing up an eye-watering S$112,000 (US$87,400) to keep his car on Singapore’s roads for another 10 years. Instead, the 49-year-old business consultant decided in May to go without a car for the first time in two decades. High COE prices, rising running costs and the hassle of parking and congestion are prompting more Singaporeans to reconsider car ownership, as the land-scarce city state expands...
Hundreds were detained in New Delhi as demonstrators expressed anger over the removal of 130 million people from the rolls. The government denies accusations of “vote theft.”
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
US President Donald Trump wants to retire one of the technology sector’s most recognisable acronyms, arguing that the term “artificial intelligence”, or AI, is no longer fit for purpose. On Tuesday, Trump signed an executive order directing US federal agencies to replace “artificial intelligence” and “AI” with “super intelligence” and “SI” in official communications and non-statutory documents. He also instructed the White House science adviser to draft a new federal definition. The move...
We have selected seven of the most interesting and important news stories covering global relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Trump condemns ‘sick conspiracy’ against AI, says he is only guardrail needed US President Donald Trump downplayed growing concerns about artificial intelligence, claiming America already has guardrails to regulate the industry and warning that casting doubt on development only benefits...
A second attempt to guide a shark stranded in a canal in the South Korean port city of Busan back to the open sea ended without success on Friday, with the animal staying in the waterway into its third week. Rescuers, who had been using a net to try to coax it out, had to end the operation after a two-hour chase due to the risk of their huge net getting caught on rocks. They now hope that the shark will eventually swim out to the open sea on its own, after leaving the net in place to limit how...
As citizens embrace the technology for entertainment, relationships and even farming advice, the government is stepping up efforts to set limits.
The Republic of China Air Force waited 20 years for these aircraft. What are they for?