Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip drive

Chinese artificial intelligence (AI) chip giant Cambricon Technologies reported a 108 per cent surge in first-half revenue on Friday, as the firm capitalises on a massive domestic push to replace foreign AI hardware.

The chipmaker’s revenue for the first six months of the year reached 6 billion yuan (US$890 million), while profits also jumped 122.6 per cent year on year to 2.3 billion yuan, according to a stock exchange filing.

In the second quarter,


The world that made Confucius – and the China he made

“Philosophers have only interpreted the world, in various ways; the point, however, is to change it.” This famous 11th thesis from Karl Marx’s Theses on Feuerbach is engraved on his tombstone in Highgate Cemetery in London.

It was meant to be a refutation of another famous saying, by G.W.F. Hegel: “The owl of Minerva takes flight only when darkness falls.”

This poetic but enigmatic remark is from the Philosophy of Right . It means understanding always arrives too


Where do China-Israel ties stand after closure of consulate in Chengdu?

China has repeatedly criticised Israel and the United States over their military actions against Iran this year and urged immediate ceasefires. Photo: Shutterstock

In a sign of fraying ties amid the Middle East conflict , Israel’s consulate general in Chengdu has closed with its consul general leaving his post, two years after a controversy stoked backlash among Chinese netizens.

Nevertheless, an analyst has downplayed the impact of the news, saying bilateral relations in recent years had already been strained.

In a letter published on Wednesday, Gadi Harpaz called his five years as Israeli consul general in the southwestern Chinese city “

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Bus driver kicked explosive drone out of the air at German airport

A bus driver knocked an explosive-laden drone out of the air, potentially preventing an attack this week at a German airport that serves as a major Nato and cargo logistics hub, a senior lawmaker said ‌on Friday.

The man spotted the drone flying low while he was working at Leipzig/Halle airport late on Tuesday, then kicked out at it in what Detlef Seif described as a courageous but dangerous act.

The drone, which prosecutors said was equipped with professional explosives and a detonator, then crashed nearby, Seif


Anger in Malaysia as Liow’s money-laundering charges dropped after US$2.4 million fine

Nicky Liow returned to the public eye when a photo of him in the ruling party’s uniform standing next to Prime Minister Anwar went viral

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Malaysian fugitive businessman Nicky Liow is brought to court in 2021. Photo: Weibo

The revelation that an alleged Malaysian scam kingpin was released after paying 10 million ringgit (US$2.4 million) fine has sparked public outrage over claims of preferential treatment for a man at the centre of a controversial photo-op with Prime Minister Anwar Ibrahim .
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China’s lab-grown diamonds get an AI boost as industry rides demand for chip cooling

Once overshadowed by natural diamonds in consumer markets, lab-grown versions of the world’s strongest natural substance have become a bright spot for industrial applications, fuelled by the global artificial intelligence (AI) boom.

As the world’s largest producer of the synthetic gems, China has posted strong export growth in recent years. Official data shows that the value of exports of lab-grown diamonds through the Shanghai Diamond Exchange (SDE) hit 1.41 billion yuan (US$210 million) in

A worker is seen at an intelligent-production workshop for lab-grown diamonds in China’s Henan province. Photo: Xinhua

Saudi Arabia, Turkey and Pakistan sign joint defence deal amid regional turmoil

Saudi Arabia, Pakistan and Turkey signed a joint defence agreement in Mecca on Friday, wedding Sunni Muslim US allies alarmed at a regional conflagration that has rained missile fire onto Gulf oil exporters.

Iran and its allies have been firing on Saudi Arabia and other Gulf states, and blockading their energy shipments, since the US and Israel attacked it on February 28 in a major escalation of years of regional tumult.

The agreement is intended to strengthen collective deterrence against any act of aggression and stipulates that an armed attack ‌against any


Tai Po inquiry sheds more light on final moments of firefighter Ho Wai-ho

An independent inquiry into Hong Kong’s deadliest fire in decades has released further details about the final moments of fallen firefighter Ho Wai-ho, who died in the line of duty while responding to the blaze at Wang Fuk Court last November.

An interim report from an interdepartmental fire investigation task force was released by the government-appointed independent committee on Thursday. The disclosure included images of Ho’s gear recovered from the scene.

Ho’s helmet shows little sign of unusual damage, aside from a crack in the visor. Photo: Handout
Ho’s helmet shows little sign of unusual damage, aside from a crack in the

China plans to increase mine output in world’s largest rare earth deposit by 50%

Chinese mining company to invest US$74 million in Bayan Obo in Inner Mongolia, expanding its output from 10 million to 15 million tonnes

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A view of a rare earth mine in Bayan Obo mining district of Baotou, in China's Inner Mongolia autonomous region. Photo: VCG via Getty Images

China plans to expand production capacity of a mine in Bayan Obo in its Inner Mongolia region with an investment of over half a billion yuan (US$74 million).
The expansion will raise the mine’s annual output by 50 per cent from

HKU virologist spared conviction for assaulting man and damaging his phone

A University of Hong Kong (HKU) virologist has been spared a criminal conviction for assaulting a man and damaging his mobile phone at a railway station last year.

Eastern Court on Friday placed Vijaykrishna Dhanasekaran on a two-year bind-over order and instructed him to pay HK$800 (US$102) in damages, after he admitted attacking a stranger at Hong Kong MTR station on August 17, 2025.

The 48-year-old associate professor, who heads