Baidu to invest CNY1B on AI start-ups

Chinese internet giant Baidu reportedly set aside CNY1 billion ($140.7 million) to fund home-grown developers, as part of a wider plan to integrate its Ernie...

Rapid return of tourists to Japan helping fuel inflation for BOJ

Foreign tourists packing flights to Japan are helping the economy climb out of a recession with spending power that is also fueling upward pressure on...

Honor targets chip design with Shanghai subsidiary

China-based smartphone vendor Honor established a subsidiary in Shanghai to develop chip designs, the latest domestic company looking to fill a gap caused by ongoing...