Tesla to award Musk an unparalleled US$1 trillion depending on performance
Tesla’s board has proposed a US$1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history,...
UK’s deputy PM Rayner quits over property tax error
British Deputy Prime Minister Angela Rayner resigned on Friday after she admitted underpaying property tax on a new home, in a fresh blow for...
China’s cities feed the AI monster with dedicated services for economic roar
China’s city governments are racing to stake out a role in artificial intelligence, with Wenzhou this week becoming the nation’s first to set up...
Analysts mixed on outlook for Sun Hung Kai Properties’ shares
Analysts said they had mixed views about Sun Hung Kai Properties’ (SHKP) shares after Hong Kong’s largest property developer by market capitalisation reported a...
Another Evergrande-Style Collapse, Hundreds of Billions Vanish, Shenzhen Can’t Take It!
On August 11 this year, the Hong Kong High Court ordered the liquidation of Shenzhen’s China South City Holdings. By asset size, this is...
Fosun drives Hong Kong stock performance-linked tokens on blockchains
A subsidiary of Fosun International this week marked a new milestone in bringing traditional financial instruments onto a blockchain infrastructure, which it touted as...
China’s ‘silent sanction’ on US semiconductors creates a weapons generation gap
In addition to the spectacle of Wednesday’s military parade in Tiananmen Square, with its rows of never-before-seen weapons and equipment, was a less visible...
Out-of-this-world scam convinces Japanese woman to send money to fake astronaut
A Japanese pensioner has become the victim of an out-of-this-world online scam after being tricked into believing she was in a romantic relationship with...
Locals will gain from Hong Kong becoming global university hub: education chief
Local students are “beneficiaries and participants” in the process of turning Hong Kong into an international higher education hub, a government minister has said,...