Hong Kong's residential property market is facing the threat of default shocks that could derail its recovery, S&P Global Ratings says.
The agency warned that any high-profile defaults or restructurings by a major developer would squeeze industry funding, with effects rippling through the sector, hurting even highly rated names.
It noted that speculation around credit pressures on a number of local developers is building in the Hong Kong market.
New World Development’s (0017) finances remains a key concern.
Samsung was one of the first smartphone makers to go all-in with AI, thanks to the Galaxy AI stack. The Galaxy flagships didn’t only ship the usual Ge
Barely a few months ago, Wall Street’s big bet on generative AI had a moment of reckoning when DeepSeek arrived on the scene. Despite its heavily cens
OpenAI has plans to soon make its Deep Research function available for free tier ChatGPT users.The feature has been available since early February to
ElevenLabs, the buzzy New York-based company specializing in AI audio tools, is diving headfirst into the world of audiobook publishing. Merely days a
Google is finally bringing a crucial new feature to Gemini that will solve a key pain point of interacting with its AI chatbot. The company is enablin
What if you tell an AI chatbot to search the web, look up a certain kind of source, and then create a detailed report based on all the information it
We are an information hub dedicated to delivering clear, trustworthy, and engaging content across a wide spectrum of topics — from innovation and trends to daily life, wellness, and global developments.
Our team is passionate about creating content that helps people stay curious, make informed decisions, and understand the world with greater clarity and context.
With a focus on quality, relevance, and accessibility, we aim to offer a meaningful experience for everyone seeking knowledge, ideas, and thoughtful perspectives.
