China

Ant Group’s Robbyant, AFDE to localize embodied AI for Middle East markets

Ant Group's Robbyant and the Arab Federation for Digital Economy have agreed to localize and deploy embodied-AI and robotics systems across Middle Eastern markets.

Moody’s Ratings affirms Baidu’s A3 ratings; revises outlook to negative

Moody’s Ratings has on last Thursday revised the outlook on Chinese technology company Baidu Inc.’s A3 issuer and senior unsecured ratings to negative from stable.

Alibaba DAMO unveils AI models for cancer and abdominal CT

Alibaba DAMO Academy has published research on EAGLE for esophageal cancer screening and RADAR for broad abdominal CT interpretation. Both remain research systems rather than approved clinical products.

CBAK signs deal for 12 GWh sodium-ion battery project in Nanjing

CBAK Energy has signed an investment agreement for a planned 12 GWh battery project in Nanjing that can produce sodium-ion or lithium-ion cells.

Alibaba unveils Qwen Book agentic computer and AI wearables at Apsara 2026

Alibaba has expanded its AI hardware lineup with Qwen Book, new Qwen Glasses, AI earbuds and a portable note-taking device designed to turn voice, visual and workplace context into agentic actions.

Faster net-zero transition could raise ASEAN+3 corporate credit risks, AMRO says

A faster and more aggressive shift towards net-zero emissions could increase corporate credit risks across ASEAN+3 economies, particularly in energy-intensive sectors, while a more gradual climate transition may give companies greater time to adjust their operations and financial positions, according to the ASEAN+3 Macroeconomic Research Office (AMRO)…

PolyU, Fudan establish AI healthcare lab with Suanova compute support

Hong Kong Polytechnic University and Fudan University have established a joint AI healthcare laboratory, with Suanova providing computing infrastructure and related technical support.

Alibaba Cloud to open new regions in Europe, expand capacity in Malaysia and Hong Kong

Alibaba Cloud plans first cloud regions in Türkiye, Finland, and the Netherlands, while expanding data-center capacity in Malaysia, Hong Kong, Germany, France, and the UAE.

UnionPay says ASEAN QR acceptance network now covers over 38M merchants

UnionPay says its acceptance network now spans all ten ASEAN countries and more than 38 million QR merchants as it expands cross-border payment links across the region.

US battery startup EnerVenue opens first factory in China’s Changzhou

US battery startup EnerVenue has opened its first manufacturing plant in Changzhou, China, after dropping an earlier plan for a Kentucky factory.