Showing 1 - 10 of 49
China to have 300,000 driverless taxis
South China Morning Post, Published on 29/08/2025
» SHANGHAI — China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by advancements in artificial intelligence (AI) and its highly competitive electric vehicle (EV) sector, UBS said on Thursday.
Traders on sidelines awaiting Fed signals
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 23/08/2025
» RECAP: Asian equities traded in a narrow range ahead on Friday as investors awaited a key speech from US Federal Reserve chairman Jerome Powell that could shed light on the direction of monetary policy. Many traders are scaling back bets on an imminent US interest-rate cut.
Thailand taps Baidu to ease Chinese tourists’ safety worries
Bloomberg News, Published on 28/02/2025
» Thailand’s tourism authority is partnering with a unit of China’s search engine giant Baidu Incorporated to enhance the kingdom's image as a safe travel destination and calm tourists unnerved over viral news about an alleged kidnapping of a Chinese actor.
Chinese sex doll maker sees jump in 2025 sales as AI boosts adult toys' user experience
South China Morning Post, Published on 16/02/2025
» WMDoll, one of China's biggest sex doll makers, expects to record a 30% jump in sales this year, as the company's adoption of open-source generative artificial intelligence (AI) models helped improve the user experience of its products.
Shares advance amid hope for tariff negotiations
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 15/02/2025
» RECAP: Most Asian equities advanced yesterday as markets reacted positively to news that reciprocal US tariffs may be weeks from coming into effect, raising the prospect for negotiations.
Alibaba touts ‘superior’ new AI model
Bloomberg News, Published on 29/01/2025
» The Chinese e-commerce giant Alibaba Group Holding Ltd has published benchmark scores and touted what it calls world-leading performance with its new artificial intelligence model release.
Wall Street bounce helps lift Asian shares
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 10/08/2024
» RECAP: Asian shares were poised to end a tough week on an upbeat note after Wall Street bounced overnight and data showed China taking a step away from deflation, while Japanese stocks managed to sustain an early rally.
Baidu robotaxis draw complaints from human drivers
South China Morning Post, Published on 10/07/2024
» BEIJING - A fleet of more than 500 driverless taxis operated by Baidu's autonomous-driving unit in Wuhan, capital of central Hubei province, is quickly gaining customers despite vocal complaints from locals and taxi drivers, showing the complications of providing such services in an urban area.
More Chinese expected to travel abroad for Lunar New Year
South China Morning Post, Published on 29/01/2024
» HONG KONG: More Chinese travellers are expected to head overseas during the Lunar New Year next month but the exodus will still be below pre-pandemic levels amid a weaker economic outlook and changing consumer preferences, analysts said.
Hong Kong tourism numbers forecast to return to pre-Covid levels by end of 2025
South China Morning Post, Published on 26/01/2024
» HONG KONG: Hong Kong's tourism numbers are projected to return to pre-pandemic levels by the end of 2025, a year later than in neighbouring Macau, according to a new forecasting platform developed by a local university.