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Alibaba bets on generative AI tools to help cross-border merchants, executive says

Speaking on stage at the Reuters Next Conference in Singapore, Zhang – head of Alibaba International Digital Commerce’s AI initiative…

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New Business

China, Hong Kong pools of ultra-rich shrink and Asia’s wealth engine cools, Altrata says

The number of ultra-wealthy, defined as individuals with a net worth of more than US$30 million, in China fell for…

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Tech

Alibaba.com signs NBA legend Tony Parker as brand ambassador ahead of Paris Olympics

Alibaba.com, a cross-border business-to-business e-commerce platform owned by Alibaba Group Holding, has signed French-American basketball star Tony Parker as its…

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New Business

China’s Communist Party sticks to painful reform playbook to target risks and growth

It was released at the end of the four-day session, known as the third plenum, an important event for the…

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Tech

Meta joins Apple in withholding AI models from EU users

Meta has announced it will not be launching its upcoming multimodal AI model in the European Union due to regulatory…

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Tech

AI could unleash £119 billion in UK productivity

Workday has unveiled figures that suggest AI could unleash a £119 billion productivity boost for UK enterprises. This revelation comes…

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Tech

AI could unleash £119 billion in UK productivity

Workday has unveiled figures that suggest AI could unleash a £119 billion productivity boost for UK enterprises. This revelation comes…

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New Business

Semiconductor equipment giant ASML’s order book expected to benefit from AI chip boom

ASML dominates the global market for lithography systems, complex tools that use lasers to help create the tiny circuitry of…

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New Business

Chinese ‘new-style’ tea hits Paris as Tencent-backed Heytea opens shop on eve of Olympics

Heytea, a Chinese brand backed by Tencent Holdings and Temasek, has opened its first pop-up store in Paris, marking the…

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New Business

Finland’s once-brisk China ties rattled as Russia sanctions fracture travel, trade links

Finland, once a major transport hub linking China and Europe, has lost much of its allure since severing transit links…

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