The secretary of state will meet with Asia’s richest men in Mumbai as Washington continues negotiations over a trade deal with India.
Read full articleJust days after announcing his departure from Moonshot AI, teen Chinese artificial intelligence prodigy Nathan Chen Guangyu seems to have found his next destination. On Tuesday, Arfur Grok, a widely-watched anonymous social media account that tracks AI talent movements in the US, posted that the former Moonshot AI researcher was joining Discovery Loop, an AI start-up founded by four former Google senior researchers including former chief scientist Jeff Dean. Launched just two months ago, the...
China has set up a new state-owned enterprise dedicated to managing the country’s massive data resources, a significant move designed to turbocharge the nation’s artificial intelligence industry and bolster its digital economy. The National Data Group Co – based in China’s “city of the future”, Xiongan New Area in northern Hebei province – is tasked with “developing and utilising data resources, unlocking the value of data elements, serving AI development and fostering a data industry...
The coming launch of India’s largest-ever initial public offering (IPO) will test investor confidence in the country’s leading telecoms operator, Jio Platforms, the digital arm of billionaire Mukesh Ambani’s Reliance Industries. Jio’s public share offer on Wednesday comes close on the heels of an escalating row between Ambani and Elon Musk. The SpaceX founder has accused the Indian industrialist of using monopolistic influence to block Starlink’s entry into India – a charge Reliance has denied,...
Yuki Chen, a prolific Chinese cybersecurity researcher, has joined leading Chinese artificial intelligence model company Z.ai as the country’s AI sector grapples with the technology’s growing impact on global cyberspace. Chen’s appointment comes amid growing concern over AI-assisted cyberattacks and autonomous agents acting beyond their instructions, including recent cases involving Chinese tech giant Tencent Holdings as well as US start-ups OpenAI and Anthropic. “New journey, new mission!” Chen...
Helen Haines, an independent, remained in critical condition after she was struck by a vehicle. A 43-year-old man was charged and will appear in court on Wednesday.
As the threat of a reclassification by MSCI that could relegate Indonesia to an investment hinterland looms, the country’s financial regulators and stock exchange officials have vowed to address systemic concerns, including removing stocks with concentrated ownership. The global index provider announced on Friday it was launching a formal consultation to decide whether to downgrade Southeast Asia’s largest economy from “emerging market” to “stand-alone” status, similar to countries such as...
As haze from forest fires in Indonesia continues to shroud Southeast Asia, Malaysians have taken to social media to air their grievances, with a video of an elevated outdoor reading from an air purifier among viral content marking public frustration. The clip, posted by user syahierarafie, shows a device detecting an Air Pollutant Index (API) of up to 318 in Gelang Patah, a suburban town in western Johor Bahru which borders Singapore. The video has drawn over 990,000 views as of Tuesday. “Today,...
Malaysia’s main opposition coalition lost its registration on Tuesday, just 11 days before nominations for a state election, drawing accusations that Prime Minister Anwar Ibrahim’s government is using state powers to cripple its rivals. The decision leaves Perikatan Nasional (PN) – already fractured by a bitter dispute between its Islamist anchor, the Pan-Malaysian Islamic Party (PAS), and estranged partner Bersatu – fighting to preserve its electoral identity ahead of Melaka’s November 14...
Two Singaporean men lost their positions in the armed forces after they were convicted of having sex with a 15-year-old boy. Former army captain Chaw Chia Jun, 41, was sentenced to 17 months’ jail on Tuesday, while his co-accused Owen Toh Wei Song, a former navy cook, was jailed for 12 months on September 22, according to CNA. Singapore’s Ministry of Defence has confirmed that both were suspended after their arrest in 2024 and were no longer in the military. “The Singapore Armed Forces holds its...
A country need not run out of money to find itself in a debt crisis. It only has to run short of US dollars to pay for its energy. At the recent International Monetary Fund-World Bank annual meetings in Bangkok, the IMF, which expects global economic growth of 3.1 per cent this year and 3.4 per cent the next, cautioned that energy-importing and lower-income economies face a harder road, even as those riding the artificial intelligence boom fare relatively well. According to the World Bank’s...
We have selected seven stories from the SCMP’s coverage of Asia over the past week 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. ‘Forgive us’: Indonesians urge Singapore, Malaysia to sue Jakarta over haze Many Indonesians are urging foreign governments on social media, including those of neighbouring countries affected by the haze, to take action against Jakarta over its handling of the fires. 2....