China blue-chip index hits 4-year high as tech stocks surge

SHANGHAI: China's blue-chip index touched a four-year high on Wednesday as traders returning from a five-day holiday snapped up tech shares, inspired by persistent global enthusiasm for artificial ...
AsiaOne

Hong Kong Q1 GDP expands at strongest pace in nearly 5 years

HONG KONG - Hong Kong's economy expanded 5.9 per cent in the first quarter from a year earlier, official advance estimates ...

In the global AI race, a sanctioned Chinese firm says cheaper models can still win

As China’s AI competition intensifies, SenseTime is shifting toward multimodal AI, lower-cost models and overseas expansion ...

The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally

More than a year after the Chinese AI chatbot DeepSeek, a main rival to OpenAI’s ChatGPT, stunned the world with its own ...
AsiaOne

AI boom drives a rally in buying of tech shares, pushing South Korea's Kospi to a record

TOKYO - South Korea's Kospi soared nearly 7 per cent to a fresh record on Wednesday (May 6) as Samsung Electronics' stock ...
The Business Times

Asian currencies rally on AI enthusiasm, US-Iran peace hopes

The rally comes as renewed optimism for AI lifts Asian markets, a key part of the global AI ecosystem. US President Donald Trump also suspended a plan to escort ships through the Strait of Hormuz ...