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Real estate was the top-performing sector in both Hong Kong, where it gained +4.4% and Mainland China, where it gained +6.39% on reports that Chengdu lifted property p...
Asian equities were mixed overnight, as Hong Kong, Mainland China, Taiwan, and South Korea outperformed, gaining more than +1%. Meanwhile, Australia, Indonesia, and India posted losses.
Asian equities were lower on light volumes except for Korea’s small gain following Friday’s index rebalances and options/futures expiration.
RIYADH: The Saudi Company for Artificial Intelligence has announced an investment of $776 million in a joint venture with China’s SenseTime to develop the artificial intelligence ecosystem in the nation. The announcement was made by Ayman AlRashed, CEO of SCAI, during the Global AI Summit in Riyadh on Sept.13. SCAI — wholly owned by Saudi Arabia’s Public Investment Fund —
Governments across the world have powerful digital tools to control and repress their populations. The EU should treat this as an urgent security and political concern.