5 d. ago Ant International pursues ‘holy grail’ for fintech with agentic AI platform

Ant International, a spin-off from Ant Group, has launched an agentic artificial intelligence (AI) tool called the Alipay+ GenAI Cockpit, to deliver more efficient payments and compliance capabilities in the financial services industry. The Singapore-based company said the tool, described as an AI-as-a-Service (AIaaS) platform, enables fintech companies to build agentic AI systems as well as “AI-native financial services” for facilitating payments and compliance checks. Ant Group is the fintech...

Politics

6 d. ago China lifts in public opinion around the world as US drops, survey data shows

Favourable views towards China globally have surpassed those towards the United States for the first time in recent years, a change that occurred between January and late April, according to US intelligence company Morning Consult. By the end of May, China had an 8.8 net favourability rating, compared to -1.5 for the US – which is in stark contrast to January last year when the US rating was above 20 and China was in negative territory, Axios reported on Monday, citing exclusive data acquired...

Politics

8 d. ago Admin fees for Hong Kong’s MPF down by 36% since launch of digital platform

Fees charged by Hong Kong’s Mandatory Provident Fund have dropped by 36 per cent since the launch of its centralised digital platform last year, with over 2.7 million members and 70,000 employers to be managed under the new system by August, the scheme’s chief has said. Mandatory Provident Fund Authority chairwoman Ayesha Macpherson Lau warned on Sunday that the next phase of migration onto the platform would be “very challenging”, as moving large volumes of data from the city’s four largest...

Politics

8 d. ago Hong Kong MPF administration fees down by 36% since launch of digital platform

Fees charged by Hong Kong’s Mandatory Provident Fund have dropped by 36 per cent since the launch of its centralised digital platform last year, with more than 2.7 million members and 70,000 employers to be managed under the new system by August, the scheme’s chief has said. But Mandatory Provident Fund Authority chairwoman Ayesha Macpherson Lau warned on Sunday that the next phase of migration onto the platform would be “very challenging”, as moving large volumes of data from the city’s four...

Politics

2 w. ago China solicits public opinion on draft guidelines for online transaction platform fees

China solicits public opinion on draft guidelines for online transaction platform fees  Xinhua

Politics

2 w. ago US presidents often hide the true state of their health from the public

Revelations of Biden’s mental decline and advanced prostate cancer latest example of White House dishonesty based on the constitution.

Politics

3 w. ago DeepSeek’s popularity waning as Kuaishou gains in video generation, AI platform Poe finds

Only 3 per cent of queries on the Quora-owned platform went to DeepSeek-R1 by the end of April, down from a peak of 7 per cent in February.

Culture

3 w. ago Starbucks kicks off process to sell stake in its sprawling China business as growth stalls

Starbucks sent out letters via a financial adviser to several potential investors this week to solicit views on the China business and how to grow it, sources said.

Politics

3 w. ago Hospital scandal further eats away at public trust in China’s healthcare

Questions about doctors’ training come on the heels of a controversy over the use of cheap medicines in overburdened public hospitals.

Science