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EV charging surges on Chinese expressways during holiday
EV charging surges on Chinese expressways during holiday
A Top Fed Official Casts Further Doubt on a Rate Rise This Month
The Federal Reserve is poised to raise interest rates further as it seeks to tame inflation, but that is unlikely to happen until the end of the year.
EU trade chief in China for talks
The European Commission’s top trade envoy, Maroš Šefčovič, is in China holding a two-day meeting with Commerce Minister Wang Wentao amid trade tensions between Beijing and the European Union. The EU is looking to narrow its 360-billion-euro trade deficit with China. "Day one in China, with one goal: begin rebalancing our... unsustainable trade deficit. I started by hearing directly from EU businesses here. The message around the table was clear: the need to improve access to the Chinese market, while boosting our economic security," Šefčovič said on X. On the eve of the talks in Beijing, the European Parliament voted 454-86 on a resolution to toughen up on China that centred on a call for “economic reciprocity and a proportionate EU response if China does not open its markets.” Earlier, a letter by France and Germany called for a sweeping rethink of the EU’s China policy. It proposed, among other actions, making it easier for the European Commission to use the bloc’s so-called “trade bazooka” – the anti-coercion instrument – to block or restrict trade and investment from countries found to be putting undue pressure on EU member nations or corporations. Foreign Ministry spokeswoman Mao Ning said the two sides should come together and promote the stable and healthy development of bilateral trade ties. Earlier this week, the Commerce Ministry said China hopes that France and Germany will uphold open cooperation and free trade, observe World Trade Organisation rules and refrain from encouraging the EU to resort to protectionist measures. A ministry spokesperson said protectionism cannot enhance competitiveness, and decoupling and cutting off supply chains will only harm others without benefiting oneself. (Xinhua and agencies) _____________________________ Last updated: 2026-10-08 HKT 18:08 Edited by Tony Sabine
China’s AI chipmaker Biren tumbles 12% as it seeks US$510 million in share placement
Shares of artificial intelligence chipmaker Shanghai Biren Technology tumbled more than 12 per cent in Hong Kong on Thursday amid plans to raise HK$4 billion (US$510 million) through a share placement, as competition with other Chinese Nvidia challengers intensifies. The sell-off followed a stock exchange filing by the Hong Kong-listed company on late Wednesday, which revealed it had engaged placing agents on a “best effort” basis to issue 130 million new shares at HK$31.08 apiece. The offering...
Anthropic Launches Claude Haiku 5.5 as Faster, Cheaper Model for High-Volume AI Tasks
Anthropic on Thursday announced Claude Haiku 5.5 as its fastest model to date. The company says it is aimed at developers running high-volume and cost-sensitive AI workloads. Claude Haiku 5.5 can be used for repetitive tasks such as summarisation, classification, database queries, and context compaction. It also targets browser-based applications and subagent coding w...
Microsoft Surface Laptop Ultra, Surface RTX Spark Dev Box Launched With Nvidia RTX Spark: Price, Specifications
Microsoft expanded its Surface hardware series with the launch of Surface Laptop Ultra and the Surface RTX Spark Dev Box. Both devices run on Nvidia's new RTX Spark Superchip architecture. They come with Windows 11 and offer up to 128GB of onboard storage. The laptop has a 15-inch PixelSense Ultra touchscreen display with up to 120Hz dynamic refresh rate and a 3:2 asp...
Google Rolls Out SynthID Detector Globally for AI-Generated Images, Videos and Audio
Google has expanded access to its SynthID Detector, allowing users to check digital media for invisible watermarks associated with AI-generated content. The tool was previously aimed at media professionals but is now available globally in English. It supports watermarks created by Google and participating AI companies, including OpenAI, Nvidia and Kakao, with Apple su...
Oracle Health Data Breach Tally Climbs to Nearly 20 Million
The figure is far higher than the counts that surfaced in earlier filings and patient notifications. The post Oracle Health Data Breach Tally Climbs to Nearly 20 Million appeared first on SecurityWeek.
World Space Week 2026: Pikachu gets a space twist — Why Pokémon GO has partnered with European Space Agency
During World Space Week 2026, from October 4 to October 10, a special Pokémon GO event has been organised in participating science and space museums. Here's all you need to know.