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Development asian news

Nikkei staff writer - Malaysia to build port near Kuala Lumpur amid supply chain shift - asia.nikkei.com - China - Malaysia -  Kuala Lumpur

Malaysia to build port near Kuala Lumpur amid supply chain shift

KUALA LUMPUR -- Malaysia will build a new container port along the western coast of the Malay Peninsula facing the Malacca Strait, one of the world's busiest sea lanes, as the country prepares to capture logistics demand created by global supply chain shifts.

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WATARU SUZUKI - Nikkei staff writer - Chinese AI academy vows startup support to take on U.S. rivals - asia.nikkei.com - China -  Beijing

Chinese AI academy vows startup support to take on U.S. rivals

BEIJING -- A top artificial intelligence research institute in China on Friday pledged support for domestic generative AI companies, as the race with the U.S. to lead the development of frontier technologies heats up.

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Brain science start-up Neuroelectrics uses electricity and a headcap to reduce seizures in patients with epilepsy. Now it needs FDA approval - cnbc.com

Brain science start-up Neuroelectrics uses electricity and a headcap to reduce seizures in patients with epilepsy. Now it needs FDA approval

High up in the hills of Barcelona, brain science start-up Neuroelectrics is developing therapies that it says will improve the lives of people living with brain disease. 

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Dylan Butts - Hong Kong wants more smiles for tourists but prices and Shenzhen are bigger issues, experts warn - cnbc.com - Japan - Hong Kong -  Hong Kong -  Shenzhen

Hong Kong wants more smiles for tourists but prices and Shenzhen are bigger issues, experts warn

Hong Kong is asking service workers to be more courteous and smile in a bid to win back tourists. But high prices and competition from an ascending Shenzhen are bigger issues, experts say. 

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Lim Hui Jie - Reuters - Bank of Japan set to reduce JGB purchases, stands pat on interest rate - cnbc.com - Japan - county Bond

Bank of Japan set to reduce JGB purchases, stands pat on interest rate

The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it's considering the reduction of its purchase of Japanese government bonds.

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Lora Kolodny - Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today - cnbc.com - state Texas - Austin, state Texas

Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today

The entire value of the S&P 500 currently stands at $45.5 trillion, according to FactSet. Tesla CEO Elon Musk claimed on Thursday that his company's Optimus humanoid robots could eventually make the automaker worth more than half of that.

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Lora Kolodny - Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package - cnbc.com - China - state Texas - state Delaware - Austin, state Texas

Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package

Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board.

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Julian Ryall - In Japan, SoftBank’s ‘emotion-cancelling’ AI filter aims to protect workers from angry customers - scmp.com - Japan -  Tokyo

In Japan, SoftBank’s ‘emotion-cancelling’ AI filter aims to protect workers from angry customers

According to the Tokyo-based company, the aim is to reduce soaring stress levels among call-centre operators who are having to deal with sharp increases in unhappy customers losing their temper.

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