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Haier debuts three-drum ‘lazybones’ washing machine that handles multiple loads at once

Chinese household appliance giant Haier has introduced a front-loading washing machine capable of handling three separate loads simultaneously, a feature…

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New Business

Humanoid robot war heats up as US and China race towards mass production

The race to put humanoid robots into mass production has intensified over the past week, as companies in both the…

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New Business

Exclusive | Hong Kong is key to Standard Chartered’s US$200 billion new money goal: CEO Winters

Standard Chartered will invest heavily in artificial intelligence (AI) and hire more wealth managers in Hong Kong and other markets…

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New Business

China’s top memory chipmaker YMTC to raise prices, alongside US peers Micron, Sandisk

These memory chipmakers have already informed their distributors, including those in mainland China, of the price increase, according to various…

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Xpeng says robotics industry will get bigger than automotive sector in the next few years

Chinese electric vehicle (EV) maker Xpeng said the robotics industry will become larger than the automotive sector in the next…

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AMD CEO Lisa Su visits China, touting AI chip compatibility with DeepSeek, Alibaba models

AMD chips were compatible with DeepSeek’s AI models and Alibaba’s Qwen series, which had allowed the Chinese companies to develop…

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China’s Sora-like Vidu breaks into Hollywood with deal to produce GenAI anime series

A Chinese text-to-video generation start-up said it has signed a deal with a US animation studio to produce an artificial…

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China debuts economic data on service robots as humanoid industry grows

China’s state statistics agency has introduced a new data series on “service robots” in its monthly industrial output report, in…

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ICBC Asia backs Hong Kong developers with stable loan support amid sector’s challenges

ICBC (Asia) sees no undue risk in lending to Hong Kong’s large property developers and will also continue to write…

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New Business

China unveils 30-point toolbox to lift consumption

China has vowed to increase household wealth, boost the stock and property markets and funding for artificial intelligence (AI), under…

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