
Moonshot’s Kimi K3 triggers Silicon Valley debate over bans on Chinese open source models
Chinese open-weight models are gaining wider adoption overseas, raising concerns in Washington over China’s accelerating AI progress
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China’s Moonshot AI has made its latest artificial intelligence model Kimi K3 available for public download, as its open-source strategy and more support for non-Nvidia ecosystems trigger heated debates across Silicon Valley.
What does deeper tech integration during US-led Rimpac mean for China?
From Japanese land-based anti-ship missiles to US attack submarines and exploding drone boats, allied forces linked troops on shore with aircraft, surface and undersea vessels to form a single network able to find, track and attack the same maritime target.
The drills, which ran from June 24 to July 31 and are the world’s largest maritime exercises, involved forces from 30 nations but one of its most complex live-fire events brought together troops and weapons from six countries alongside the United States.
Hong Kong drives trials for breast cancer, eye treatments across Greater Bay Area
Two US-developed treatments for breast cancer and a degenerative eye disease will undergo large-scale clinical trials in the Greater Bay Area in a collaboration involving Hong Kong, Shenzhen and a pharmaceutical start-up founded by a former lawmaker.
The agreement was formalised on Tuesday when Health Hope Pharma founder Dr Dennis Lam Shun-chiu signed a memorandum of understanding with the Greater Bay Area International Clinical Trial Institute (GBAICTI) and its Shenzhen counterpart, Greater Bay Area International Clinical Trials Centre.
Lam, a renowned ophthalmologist and former lawmaker
Indonesian central banker’s exit signals dilemma over rate policy, growth target
The sudden resignation of Bank Indonesia’s governor highlights a dilemma that he and his central bank peers in the region have faced in calibrating interest rates – either tighten policy to defend weakening currencies and contain inflation, or loosen it to support pro-growth mandates – according to analysts.
Perry Warjiyo’s exit has fuelled speculation that he was under pressure to do more to support President Prabowo Subianto ’s economic growth agenda.
Warjiyo, who led the Indonesian central bank for eight years, did not indicate his intention to leave
China woos Slovakia with AI, robotics pitch as EU trade friction mounts
Bratislava has maintained relatively warm ties with Beijing even as the bloc has toughened its stance on trade
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Carol Yang in Beijing and Laura Zhou
China and Slovakia should explore cooperation in clean energy, robotics and artificial intelligence, as the European nation navigates growing trade tensions between Beijing and the EU.
That was the message Chinese President Xi Jinping gave
What’s behind China’s recent spike in Covid-19 cases? And is it anything to worry about?

China has seen a spike in Covid-19 in recent weeks, overtaking influenza as the top respiratory pathogen for the first time this year, but most patients experienced mild symptoms, while the medical authorities said data suggested the infection rate was significantly lower than last year’s peak.
The spread of the Omicron NB.1.8.1 variant has reached
Hong Kong Shopping Festival eyes Asean expansion, with Singapore, Malaysia first
An annual e-commerce shopping festival supporting Hong Kong’s small and medium-sized enterprises will expand into the Asean region for the first time via Singapore and Malaysia, with plans to include other countries in future.
The Trade Development Council, the organiser, said on Tuesday that the third edition of the annual Hong Kong Shopping Festival, launching next month, had attracted a record number of local brands across its mainland China and Asean editions this year.
The annual festival, which focused on the mainland market for its first
Hong Kong’s Exchange Fund first-half earnings fall 37% on equity slump, softer bond income

The Exchange Fund , the war chest used to defend the local currency, reported a 37 per cent decline in first-half earnings as losses in Hong Kong equities and weaker bond returns weighed on performance, the Hong Kong Monetary Authority (HKMA) said on Tuesday.
Earnings stood at HK$134.7 billion (US$17.1
