Google has introduced its new frontier AI model, namely Gemini 4 Carbon. Google announced that Gemini 4 Carbon will be available at the same introductory price as Argon. The Mountain View-based tech giant is currently working with the US government in a voluntary pre-release testing process. The company will start releasing the Gemini 4 Carbon AI model to a “subset ...

The iQOO 16 was launched in China last month and is expected to make its India debut soon. It features Qualcomm’s latest flagship chipset, a high-refresh-rate AMOLED display, and a large battery. While the company has yet to announce a launch date, it did showcase the iQOO 16 at the Indian Mobile Congress (IMC) 2026. A tipster has now shed light on the launch timeli...

Amazon launched a new range of Alexa-powered devices on Wednesday. The company has introduced upgrades across its Echo speakers, smart displays, and home accessories. Its latest lineup includes a new Echo Dot with a built-in smart home hub, an Echo Studio variant with a camera, a bedside smart clock with sleep sensing, and an Alexa-powered digital photo frame. Amazon ...

The Hong Kong Monetary Authority (HKMA) on Thursday reminded the public to carefully manage interest rate risks when making property, investment or borrowing decisions, after the US Federal Reserve kept its benchmark rate unchanged. The Fed's Federal Open Market Committee decided to hold the target range for the federal funds rate at 3.75 to four percent, a move in line with market expectations. "Hong Kong's monetary and financial markets have continued to operate in an orderly manner," the HKMA said in a statement. It noted that with the persistent interest rate differential between the Hong Kong and US dollars, trade activities may cause the local currency to gradually ease. However, the HKMA said the outlook for the Hong Kong dollar and interbank rates could vary depending on factors such as market risk appetite for carry trades and the supply-demand conditions for the local currency, which are in turn influenced by capital market activities and other seasonal factors. It added that US interest rate adjustments remain subject to considerable uncertainty and will depend on developments in inflation, the labour market and other economic data, which may in turn affect the interest rate environment in Hong Kong. The HKMA said it will continue to closely monitor market developments to maintain monetary and financial stability. Edited by Aaron Tam

Asian shares gave up earlier gains on Thursday as AI-related earnings announcements prompted wildly mixed responses, raising the stakes for Amazon and Intel results due later in the day. In Hong Kong, the benchmark Hang Seng Index opened down six points, or 0.03 percent, at 23,088. The tech index slipped 19 points, or 0.5 percent, to 3,834 while the China Enterprises Index inched down six points, or 0.08 percent, to 7,797. Up north, the Shanghai Composite Index opened down four points, or 0.13 percent, at 3,676. The Shenzhen Component Index fell 94 points, or 0.82 percent, to 11,379 while the ChiNext Index lost 38 points, or 1.46 percent, to open at 2,596. In Tokyo, the Nikkei opened 172 points, or 0.27 percent, at 64,126 but regained ground to be 11 points off the pace at one stage before noon. In Seoul, the Kospi inched up four points, or 0.08 percent, to open at 6,017, gained ground before slipping into loss territory to the tune of 182 points at one stage before lunch. The opening losses for Asian markets came as a hefty cash burn at Alphabet sent its shares 10 percent lower in after-hours trading, wiping nearly US$400 billion off its market value. That drove Nasdaq futures one percent lower. Microsoft, by contrast, beat forecasts with better-than-expected cash flows that lifted its shares by three percent. Overnight, the US Federal Reserve held interest rates steady as widely expected, but two committee members voted for a hike. Chairman Kevin Warsh struck a more confident note on the inflation outlook during his press conference, sparking a rally in Treasuries. However, the bigger test came from earnings. Samsung Electronics said on Thursday its operating profit rose nearly ninefold to a record high in the third quarter, driven by robust demand for AI chips. Its shares still slid more than four percent. "The reason why Alphabet is down is because their traditional revenue service of ad generation has been impacted by the very thing which is the AI boom. So it's causing a mix of results for Google," said Jamie Hannah, deputy head of investments at VanEck. "Both of Alphabet and Microsoft confirmed that the AI revenue generation is still solid. We saw that through the data centre growth, the cloud services. So that part of the business is solid, which then flows into a lot of the information coming out of Asia with SK Hynix yesterday as well in Korea." (Reuters & Xinhua) Edited by Aaron Tam