UK to Push Firms on Safety in AI Models at Seoul Summit

Science minister Donelan says agreements will be brokered Countries are taking differing approaches to AI regulation The UK government said it would use a major summit in South Korea this week to make a fresh push on reducing the risks around artificial intelligence,...

China’s EV Makers Taking Longer to Pay Bills Amid Rising Stress

Nio taking some 295 days to pay suppliers, up from 197 in 2021 Smaller suppliers to feel particularly harsh knock-on effects The time it’s taking for some of China’s electric-car makers to pay suppliers is ballooning — a further sign of stress in the nation’s...

China Home Prices Fall at Faster Pace Despite Revival Efforts

Month-on-month declines in April were steepest in a decade Government is seeking to address excess housing inventories China’s home prices fell at a faster pace in April, underscoring why the government is stepping up efforts to tackle the years-long property crisis....