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Gold prices fell in the European market on Thursday for the first time in three sessions, moving into negative territory under pressure from a stronger US dollar against a basket of major currencies.   The minutes of the Federal Reserve’s latest policy meeting reduced expectations for a rate cut in December, and investors are now awaiting the US jobs report for September, due later today, to reassess those probabilities.   Price Overview   • Gold prices today: spot gold fell by roughly 1.0% to 4,038.94 dollars, down from the opening level of 4,078.80 dollars, after recording a session high of…

Chinese technology powerhouses are beginning to reap early returns from their heavy investments in artificial intelligence, with quarterly results showing the impact across businesses from short video platforms like Kuaishou Technology to social media giants like Tencent Holdings.Kuaishou, China’s second-largest short video app and rival to TikTok’s Chinese sibling Douyin, was the latest to highlight gains from AI adoption. The company, in an earnings statement on Wednesday, attributed its third-quarter revenue growth to the use of AI technology to upgrade marketing solutions and its Kling video tool.Online marketing services sales grew 14 per cent to 20.1 billion yuan (US$2.81 billion),…

This month, the Russian Academy of Sciences completed a study assessing the comprehensive strength of 193 countries across economic, technological, demographic, military, infrastructural and other dimensions. This annual assessment of national power is conducted using advanced methods of multivariate statistical analysis.The latest results, calculated for 2025 and 2026, show the global balance of power has finally shifted from the United States towards China. Also, several regional power cores have emerged, including Russia and India, which are becoming potential centres of global geopolitics. The study shows China strengthening further, the US losing ground, and Russia and India consolidating their roles as…

Integrated resorts operator SJM Holdings, one of the six licensed casino concessionaires in Macau, has abandoned a plan to acquire Ponte 16, which is among the firm’s nine satellite gambling venues directed to halt operations under the city’s revised gaming laws.“Following a comprehensive business review and after a thorough assessment of long-term business planning, commercial considerations and resource prioritisation across the group’s portfolio, SJM Resorts will not proceed with the acquisition,” the Hong Kong-listed company’s principal subsidiary said in a statement on Thursday.That plan was drawn up in response to the Macau government’s amended gaming laws in 2022, which gave…

An angular F-35 fighter jet penetrates the bright blue sky over a dusty desert, its engines roaring as it goes through a series of high-speed, gravity-defying turns and high-G manoeuvres before disappearing over the horizon.About an hour later, another aircraft appears, this time a Russian Su-57 with a blended-wing design and slightly deeper engine noise that also displays its aerobatics and speed, showcasing its supersonic cruising ability before returning to the runway.These two flights on the opening day of the Dubai Air Show in the United Arab Emirates on Monday marked the first time that American and Russian fifth-generation fighter…

Lenovo Group, the world’s largest personal computer maker, is betting that its own artificial intelligence agent will help grow its AI-powered consumer electronics business, even as the industry faces a global memory chip supply crunch.Chairman and CEO Yang Yuanqing on Thursday said the company would globally launch in January its “personal AI super agent”, which would leverage AI models to anticipate a user’s intentions via “portable devices and personal trusted computing hubs”.Beijing-based Lenovo’s initiative in AI agents – software programs designed to autonomously perform tasks on behalf of a user or another system – forms part of its broader “hybrid…

Calls to certify Islamic preachers in Indonesia are growing after a cleric was filmed kissing young girls during religious gatherings in East Java, reigniting debate over how the state should regulate religion in the world’s largest Muslim-majority nation.The uproar has sharpened a long-standing divide between those who believe certification is needed to protect congregants and uphold ethical standards, and critics who fear it could curb religious freedom and turn influential preachers into extensions of political power.The preacher at the centre of the controversy, 24-year-old Mohammad Elham Yahya Al Maliki, heads a religious forum in East Java’s Kediri regency. In one…

James Liang, co-founder of Chinese online travel giant Trip.com Group, has launched a HK$500 million (US$64.23 million) foundation in Hong Kong to tackle China’s deepening fertility crisis.Citing Hong Kong’s unique advantages as a global hub that facilitates the exchange of international expertise, he said the city was the ideal springboard for tackling China’s mounting demographic pressures.“The challenge of low fertility rates faced by Hong Kong society is highly representative, and the foundation’s pilots provide valuable reference for mainland first-tier cities and other similar Asian metropolises,” he told the Post in a written reply.Established in Liang’s personal capacity and unveiled on…

Xiaomi, one of Tesla’s biggest challengers in mainland China over the past year, pledged to focus on the safety and reliability of its cars after its factory reached another milestone.Founder and CEO Lei Jun said on Thursday that Xiaomi had raised its full-year delivery target from 350,000 vehicles to 400,000 after ramping up production, but stressed that the quality of the SU7 sedan and YU7 SUVs would not be compromised.“We firmly believe that safety is a foundation and a priority,” he said in a WeChat post. “Based on safety and quality, we are making an all-out effort to accelerate production.”The…

Xiaomi, one of Tesla’s biggest challengers in mainland China over the past year, pledged to focus on the safety and reliability of its cars after its factory reached another milestone.Founder and CEO Lei Jun said on Thursday that Xiaomi had raised its full-year delivery target from 350,000 vehicles to 400,000 after ramping up production, but stressed that the quality of the SU7 sedan and YU7 SUVs would not be compromised.“We firmly believe that safety is a foundation and a priority,” he said in a WeChat post. “Based on safety and quality, we are making an all-out effort to accelerate production.”The…