Author: admin
The US chip designer plans to fulfil initial orders from existing stock, with shipments expected to total 5,000 to 10,000 chip modules – equivalent to about 40,000 to 80,000 H200 AI chips, the first and second sources said.Nvidia has also told Chinese clients that it plans to add new production capacity for the chips, with orders for that capacity opening in the second quarter of 2026, the third source said.Significant uncertainty remains, as Beijing has yet to approve any H200 purchases and the timeline could shift depending on government decisions, the sources said.The whole plan is contingent on government approval,…
The Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, on Tuesday approved key recommendations for Pakistan’s largest-ever spectrum auction, enabling the country’s first commercial rollout of 5G services. The approval is based on proposals of the Spectrum Advisory Committee, also chaired by the finance minister, following consultations with stakeholders, including users, the Pakistan Telecommunication Authority (PTA), and a review of international and regional benchmarks on spectrum pricing, payment terms, and auction design. “We have been on the journey of Digital Pakistan, and accelerating that journey,” said Aurangzeb, adding that the spectrum auction is an important enabler in this…
A luxury flat in Hong Kong’s Kowloon Tong district is one of the latest to have found a buyer amid a rosier outlook for the city’s residential property market.The HK$225 million (US$28.9 million) property in Tower 6 of Mont Verra was bought by Elbe Rhein Investment on December 12 and the transaction was registered on Monday, according to the Land Registry.Before changing its name to Elbe Rhein last year, the company had been operating under the name of Migao Corporation since 2008, according to the Companies Registry.Jonas Liu, who holds a German passport, was the sole shareholder and director of…
KYIV, Ukraine (AP) — Before the war, Ukraine’s own “Dancing with the Stars” was a cherished and popular television show, dazzling the audiences with performances by celebrities and professional dancers. The show is now back on for one special episode — this time with Ukrainian wartime heroes as the stars, underscoring the nation’s resilience in difficult times. Many still remember how President Volodymyr Zelenskyy — then an actor — won the dance competition in 2006, the year that “Tantsi z zirkamy” as the show is known in Ukrainian, first debuted. In the new, special episode, the dancers perform with prosthetic…
KYIV, Ukraine (AP) — Before the war, Ukraine’s own “Dancing with the Stars” was a cherished and popular television show, dazzling the audiences with performances by celebrities and professional dancers. The show is now back on for one special episode — this time with Ukrainian wartime heroes as the stars, underscoring the nation’s resilience in difficult times. Many still remember how President Volodymyr Zelenskyy — then an actor — won the dance competition in 2006, the year that “Tantsi z zirkamy” as the show is known in Ukrainian, first debuted. In the new, special episode, the dancers perform with prosthetic…
Germany’s trade deficit with China is on track to hit a record high in 2025 amid shrinking demand for German goods – a trend that appears unlikely to be reversed in the short term and which could trigger a protectionist backlash, according to analysts.China, already Germany’s biggest import partner, is set to increase its total exports to Germany by 7.2 per cent, with the value reaching €168 billion (US$197 billion), according to a forecast last week by Germany Trade and Invest (GTAI), an economic development agency. Meanwhile, Germany’s exports to China are expected to decline by 10 per cent to…
One of China’s largest comic conventions has banned Japanese-themed content and derivative works just a week ahead of its opening amid spiralling tension between Tokyo and Beijing.Organisers of the Comicup (CP) 32nd edition “Pre” event – set to take place in Hangzhou on December 27 and 28 – informed exhibitors and visitors on Friday that there would be a “full-scale adjustment” of content shown throughout the venue.“Due to consideration regarding the current social environment and our cultural obligations, the organising committee has decided to pivot this edition of the convention towards a ‘new Chinese style’ theme,” the message said.The announcement…
Kohinoor Mills Limited, a Pakistani textile exporter, has commenced commercial production at its apparel division. The development comes as the company seeks to expand and strengthen its footprint in the apparel industry, read a notice issued to the Pakistan Stock Exchange (PSX) on Tuesday. The new manufacturing facility spans a production area of approximately 16,000 square metres and has an annual production capacity exceeding five million garments. As part of its ramp-up plan, the company is targeting output of 5,000 garments per day per shift by June 30, 2026. The workforce at the apparel unit currently stands at more than…
PARIS (AP) — France’s fractured parliament is debating an emergency bill Tuesday designed to prevent a U.S.-style government shutdown next week, after negotiations on a 2026 budget collapsed.With just days left before the new year, President Emmanuel Macron and his Cabinet met Monday night to present the brief draft law. It aims ″to ensure the continuity of national life and the functioning of public services,″ including collecting taxes and disbursing them to local authorities based on tax and spending levels in the 2025 budget, the Cabinet said.Lawmakers in the National Assembly, the French parliament’s powerful lower house, made several amendments…
The second round of auction for the divestment of a 75% stake in Pakistan International Airlines (PIA) began on Tuesday, with two out of three qualified parties submitting the bid above the minimum expected price of Rs100 billion. The bid opening was initially scheduled for 3:30pm, but was delayed and eventually began at 4:30pm. Lucky consortium offered Rs101.5 billion for 75% stake in PIA Air Blue consortium submitted a bid of Rs26.5 billion Arif Habib consortium submitted a bid of Rs115 billion The minimum expected price set by the government was Rs100 billion. This took the auction into the second…