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AI

Hong Kong outlines 4-step AI ‘talent ladder’ to offset entry-level job shock

Hong Kong has unveiled a four-step artificial intelligence (AI) “talent ladder” strategy to counter entry-level job shock and foster industry leaders, viewing the technology as a “catalyst, not a threat”. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming warned on Monday that the “entry-level shock” was real…

Health & Medicine

Smooth start in phased opening of Kai Tak Hospital

The chief executive of Kai Tak Hospital, Eric Cheung, on Monday said the facility was running smoothly on its first day of operation.

  • Kai Tak Hospital opened smoothly on Monday, according to CEO Eric Cheung.
  • Family medicine center launched as first service, providing new healthcare option.
  • 350 quotas available, 290 booked by morning, specialist clinics start Oct 26 and Nov 12.

Finance & Markets

HK stocks slide amid thin holiday trading in region

Regional stocks were off to a mixed start on Monday while the US dollar edged lower and bonds steadied, as investors trimmed bets on an aggressive policy tightening cycle by the Federal Reserve…

  • Hong Kong stocks fell amid thin holiday trading
  • US job data lowered Fed rate hike probability
  • Brazilian election runoff expected to boost markets

Business

Temu took the world by storm – but has the shopping app lost its thunder?

In February 2023, the budget shopping platform Temu announced itself on the world stage in the brashest way possible: becoming one of the youngest ever brands to buy a Super Bowl advertising spot. “Download the Temu app and shop like a billionaire,” a voice proclaimed in the 30-second commercial, as a woman danced on screen and ordered a…

AI

Dario Amodei’s American AI imperialism

Anthropic CEO Dario Amodei seems to believe that he, the American artificial intelligence (AI) industry and the United States are the only ones who should have the right to determine the fate of humanity. While he pays lip service to involving other democracies in AI development, which ones remotely approach the technological capacities…

Culture

HK defeats Cambodia to win inaugural Asean Cup

The Hong Kong, China football squad made history on Saturday at Kai Tak Stadium, defeating Cambodia 2-0 to lift the trophy of the the first-ever Asean Challenge Cup.

  • Hong Kong defeats Cambodia 2-0 in inaugural Asean Cup
  • Matt Orr scores first goal in 41st minute
  • Everton Camargo converts penalty in 52nd minute
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