If rising oceans aren’t worry enough, add this to the risks New York City faces: the metropolis is slowly sinking under the weight of its skyscrapers, homes, asphalt and humanity itself.

The New Development Bank (NDB), which funds infrastructure developments in emerging economies, is looking to finance more projects in local currency as a way of avoiding fluctuations in exchange rates, says its president, Dilma Rousseff.

Road tunnel begins only accepting payments through HKeToll system, requiring drivers to pay flat rate of HK$8 through detection tags.

E-commerce giant Alibaba is expected to provide Tianjin with highly efficient computing resources at a lower cost to support the city’s various hi-tech development initiatives.

The Development Road aims to tie the Grand Faw Port in Iraq’s oil-rich south to Turkey, turning the country into a transit hub in a bid to rival the Suez Canal.

Congolese president is in China to overhaul mining contracts signed under his predecessor and woo Chinese investment.

Secretary for Development Bernadette Linn says maximising land premium is not a top priority for San Tin Technopole.

Commissioner for Transport says as drivers become used to system, vehicles will move faster through tunnel.

The state-sponsored Volt Typhoon group has been targeting everything from telecoms to transport hubs, as well as the island territory of Guam, Microsoft says.

The credit profiles of some of China’s state-owned enterprises (SOEs) could improve as they invest more in advanced, high-end manufacturing as part of a push by Beijing to upgrade their production capabilities, according to Fitch and Moody’s.

China’s accelerated push for artificial intelligence development shows the government’s resolve to close the gap with the US in this field.

China’s growing demand for chips used in electric vehicles, servers in data centres and artificial intelligence applications provides a vast opportunity for RISC-V processors to flourish.

The government is going all out to encourage people in remote areas to switch to battery-powered cars, calling for charging infrastructure to be rolled out faster, as well as cash incentives and models tailored to their needs.

Huawei has entered into strategic cooperation agreements with the governments of Tianjin and Sichuan provinces, as well as Guangzhou.

Alibaba Cloud is offering discounts to overseas clients and increased technical support as it continues overseas push.

The Pan African lender, which expects to launch the advisory office by the year-end, is awaiting approval from South African authorities.

Alibaba Cloud’s long-standing ties with miHoYo underscores the infrastructure service provider’s role in supporting the international expansion of China-developed video games.

As the city strives to achieve carbon neutrality by 2050, Paul Chan believes it is ‘well positioned to be a leader in Asia for green finance and technology.’

China’s Belt and Road Initiative is seen as a means to bolster connectivity, trade and investment with the regional trade bloc via infrastructure projects, while also guarding against attempts to politicise economic issues.

The tie-up between Alibaba Cloud and Shenzhen Data Exchange underscores the urgency of China’s effort to apply commercial rules to create a major domestic market for trading data.

The development of MetaERP reflects the lengths taken by Huawei to strengthen its global operations, as US trade sanctions continue to bite.

Pai said tightened disclosure rules for international telecommunications services would put investors in difficult position.

Amazon’s large-language models, called Titan, will be made available on AWS and can help draft blog posts or answer open-ended questions.