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Hong Kong, AI

Hong Kong government earmarks $128 million for new AI research institute and aims to cut public spending

Hong Kong's government has earmarked 1 billion Hong Kong dollars ($128.67 million) for the establishment of a new artificial intelligence research institute. It expects its economy to grow at an average rate of 2.9% a year in real terms from 2026 to 2029. Gary Ng, senior economist at Natixis, says that forecast is "too optimistic."

Reuters on MSN · 2d

Hong Kong flags spending cut, AI push in bid to reverse booming deficit

Hong Kong aims to cut public recurrent expenditure by 7% from now till 2027/28 to rein in a rising deficit and plans a big AI push as it tries to mitigate headwinds from global economic uncertainty, geopolitical tensions and a weak property market.

Daily Journal · 2d

Hong Kong to slash public spending, build AI institute

Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including

Asia-Pacific markets set for mixed open as Donald Trump's tariff threats weigh on sentiment

Asia-Pacific markets set for mixed open as U.S. President Donald Trump’s tariff threats continue to weigh on investor ...

11don MSN

The 12 Longest Nonstop Routes At Hong Kong International Airport

Hong Kong International Airport (HKG) is one of the busiest airports in the world, handling more than 53 million passengers ...

WGN Radio12d

Hong Kong residents compete to name twin panda cubs who just turned 6 months old

HONG KONG (AP) — Panda craze has once again gripped Hong Kong as residents compete to name the territory’s first locally-born giant panda cubs who just turned six months old. The competition ...

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