Le Journal

Are your loved ones in luck this year? See our predictions for all the zodiac signs in the Year of the Horse. For centuries, the most important luxury good exchanged on the Silk Road was not silk, spices or ceramics, but made of flesh, bone and thunder: horses. History’s most famous trade network should really have been called the “Horse Road”, argues David Chaffetz, an independent researcher and member of the London-based Royal Society for Asian Affairs. Contrary to common belief, he says, the...

The world is witnessing the biggest infrastructure buildout in history, with the foundation for an artificial intelligence system evolving quickly, according to Nvidia CEO Jensen Huang. “We are now a few billion dollars into it,” he said at the World Economic Forum in Davos, adding that trillions of dollars of infrastructure still had to be built. Huang said that the AI industry was a “five-layered cake”, with energy at the bottom, followed by chips, cloud infrastructure, AI models and...

A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent of more than HK$2 million (US$256,500). In a written judgment released on Tuesday, Deputy Judge Gary Lam Chin-ching of the High Court said Vast Luck Company Limited had twice failed to pay its debts, resulting in a breach of what the business earlier stated in court. The winding-up order was handed...

The Hong Kong Monetary Authority (HKMA) issued requirements on Wednesday for banks to improve their services for elderly customers, as the proportion of the city’s population over the age of 65 increases rapidly. Banks will be required to upgrade their apps to meet the needs of elderly customers, improve branch facilities and ensure that staff members provide appropriate advice on investments, insurance and pension products. “As Hong Kong faces an ageing population, we expect more elderly...