This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Public hearings by a judge-led independent committee investigating Hong Kong’s deadliest blaze in decades have entered their sixth day and will continue to focus on the deactivation of the fire alarm system and its impact on the ravaged Wang Fuk Court housing e...
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Public hearings by a judge-led independent committee investigating Hong Kong’s deadliest blaze in decades have entered their sixth day and will continue to focus on the deactivation of the fire alarm system and its impact on the ravaged Wang Fuk Court housing estate. Chung Kit-man, director and engineer of Victory Fire Engineering, the contractor responsible...
Photo: VCG China’s Ministry of Finance plans to accelerate legislation for a local surtax and advance the consumption tax law in 2026. The moves, outlined in a ministry report released Monday, reflect efforts to give local authorities more stable and autonomous revenue sources amid ongoing fiscal pressure. A key focus is the local surtax, a reform first proposed at a major Communist Party meeting ...
Photo: VCG China’s Ministry of Finance plans to accelerate legislation for a local surtax and advance the consumption tax law in 2026. The moves, outlined in a ministry report released Monday, reflect efforts to give local authorities more stable and autonomous revenue sources amid ongoing fiscal pressure. A key focus is the local surtax, a reform first proposed at a major Communist Party meeting in July 2024. The tax would merge several existing levies, including urban maintenance and education-related surcharges, and allow local governments to set rates within a prescribed range.
Bitcoin (CRYPTO: BTC) is often paired with gold as a store of wealth. There is some logic behind that view of Bitcoin, but there are also some very material problems with this cryptocurrency that you shouldn't overlook. The 45% drop in Bitcoin's price in roughly six months may not be the buying opportunity you think it is. Bitcoin is a cryptocurrency that exists outside the typical monetary framew...
Bitcoin (CRYPTO: BTC) is often paired with gold as a store of wealth. There is some logic behind that view of Bitcoin, but there are also some very material problems with this cryptocurrency that you shouldn't overlook. The 45% drop in Bitcoin's price in roughly six months may not be the buying opportunity you think it is. Bitcoin is a cryptocurrency that exists outside the typical monetary framework. That's the big selling point, since using a cryptocurrency like Bitcoin allows you to make transactions that can't easily be tracked. And, equally important, the valuation of government-backed currencies doesn't directly impact Bitcoin. The price of Bitcoin is dictated by the market. Essentially, Bitcoin's price depends on what Bitcoin traders are willing to pay for it. Image source: Getty Images. Continue reading
Space infrastructure startup Starcloud raised $170 million in Series A funding at a $1.1 billion valuation. Philip Johnston, Co-founder and CEO of Starcloud, discusses his strategy for capital deployment and business growth. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade." (Source: Bloomberg)
Space infrastructure startup Starcloud raised $170 million in Series A funding at a $1.1 billion valuation. Philip Johnston, Co-founder and CEO of Starcloud, discusses his strategy for capital deployment and business growth. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade." (Source: Bloomberg)
A torn page bearing Dylan’s lyrics for the 1967 song I’m Not There is set to go under the hammer in April when it could fetch £40,000 Almost 60 years after it was first typed out by Bob Dylan, a torn page of lined paper bearing a draft for the lyrics of I’m Not There has been discovered, tucked inside an Allen Ginsberg paperback. During the summer of 1967 in New York, just outside Woodstock, Bob D...
A torn page bearing Dylan’s lyrics for the 1967 song I’m Not There is set to go under the hammer in April when it could fetch £40,000 Almost 60 years after it was first typed out by Bob Dylan, a torn page of lined paper bearing a draft for the lyrics of I’m Not There has been discovered, tucked inside an Allen Ginsberg paperback. During the summer of 1967 in New York, just outside Woodstock, Bob Dylan wrote and recorded more than 100 songs with his then-backing group The Band, including I’m Not There. A small collection of these tapes would be released eight years later by Columbia Records, while more songs, including I’m Not There, would only be released over the following decades. Continue reading...
Dell Technologies (NYSE:DELL), Penguin Solutions, and Deepgram are collaborating to build dedicated enterprise voice AI infrastructure. The partnership focuses on Speech-to-Text, Text-to-Speech, and Voice Agent workloads tailored for real time, low latency performance. The solution uses Dell PowerEdge servers, PowerScale storage, and NVIDIA GPUs to target demanding enterprise AI deployments. For i...
Dell Technologies (NYSE:DELL), Penguin Solutions, and Deepgram are collaborating to build dedicated enterprise voice AI infrastructure. The partnership focuses on Speech-to-Text, Text-to-Speech, and Voice Agent workloads tailored for real time, low latency performance. The solution uses Dell PowerEdge servers, PowerScale storage, and NVIDIA GPUs to target demanding enterprise AI deployments. For investors watching NYSE:DELL, this move reflects how the company is positioning its hardware...