New World Development , one of the biggest property developers in Hong Kong, reported an interim net loss of HK$6.63 billion ($852.45 million) on Friday, following a prolonged property downturn and high interest costs.
Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.
Both the U.S. and Russia deploy hundreds of nuclear-armed ICBMs that can be fired and reach targets within minutes.
Global stock markets held largely steady on Tuesday as top US and Russian diplomats held their first high-level discussions since Russia invaded Ukraine.
European and global markets begin the week on a positive note, driven by AI adoption and geopolitical discussions. Hong Kong leads gains with a notable rise, while Goldman Sachs highlights potential growth in Chinese equities due to AI.