Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warren Buffett-backed Marubeni has bought British heritage sportswear brand Gola, as the Japanese trading house bets on the growing global popularity of retro trainers. Marubeni’s US subsidiary RG Barry, which owns several footwear and handbag brands, sealed a deal to buy Jacobson Group, owner of Gola and other shoe brands, the Japanese company said on Wednesday. It paid more than ¥10bn ($64mn), according to people familiar with the terms. Founded…
Day: January 6, 2026
China’s stealth design software PADJ-X finds potential flaws in B-21 bomber configuration
A powerful aerospace simulation tool developed by Chinese researchers may have exposed potential vulnerabilities in the design of the United States’ most advanced stealth bomber, the B-21 Raider. The “all-in-one” PADJ-X software system, based on adjoint optimisation technology, was unveiled last month in a paper published by the peer-reviewed Acta Aeronautica et Astronautica Sinica. The system, which may be the first fully integrated, multidisciplinary platform for stealth aircraft design, uses an algorithmic approach to calculate the optimal direction for all parameters simultaneously, dramatically reducing computational costs. Advertisement Using PADJ-X to…
China’s powerful new microwave weapon system can destroy drone swarms within 3km
China’s new high-power microwave system to counter drones has a longer range than its US military equivalent, according to its developer. The truck-mounted Hurricane 3000 was showcased during China’s huge military parade in September. This week its developer – state-owned defence contractor Norinco – disclosed some details of the weapon system for the first time. “Its effective interception range exceeds 3km [1.86 miles] against light and small [unmanned aerial vehicles] and drone swarms,… South China Morning Post
China reviews Meta’s $2bn purchase of AI start-up Manus
Commerce ministry assessing whether deal for Chinese-founded group violates technology export controlsFinancial Times
Meow or never: China’s pudgy pets spark race for weight-loss drugs
Irina Zhou’s five-year-old cat has gained about a kilogram every year for the past three years. She knows the extra weight puts her pet at risk of obesity-related diseases and could even shorten his life. “My parents just can’t bear to see the cat go hungry,” the 29-year-old Zhou said. “If the weight starts to affect his health, I might consider trying weight-loss medicines for him.” The idea of using obesity drugs for pets drew public attention after Fosun Pharma’s unit Yao Pharma signed a… South China Morning Post
Shanghai unveils US$10 billion investment spree as US-China tech race heats up
Shanghai has announced a slew of new investments in hi-tech industries ranging from chips to artificial intelligence (AI) and aviation, becoming the latest Chinese city to unveil ambitious plans to boost local innovation amid an intensifying US-China tech race. The city’s Pudong district unveiled 50 big-ticket projects worth more than 70 billion yuan (US$10 billion) combined on Monday, with most of the investment earmarked to flow into key industries including microchips, AI, biopharmaceuticals,… South China Morning Post
Singapore, Beijing land in top 10 of Savills’ inaugural Matcha Index of global tech cities
Singapore and Beijing have emerged among the world’s most liveable cities for tech workers, according to Savills’ inaugural Matcha Index, which ranks locations by buzz and by the spaces where these employees can work, connect and spark ideas over a hot – or cold – matcha drink. The index, released on Tuesday, pointed out how cafe culture has become a vital part of the social infrastructure that supports the tech ecosystem, and that matcha lattes have taken over as the “go-to” drink for young… South China Morning Post
Nvidia steps up H200 chip production for Chinese market, Huang says
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia has “fired up” production of H200 artificial intelligence data centre chips in the expectation it will soon be able to resume sales in China after striking a deal with the White House, chief executive Jensen Huang said on Tuesday. Demand for the chips “is high . . . very high, and we’ve fired up our supply chain and H200s are flowing through the line”, the company’s founder said. President Donald Trump in December…
Nvidia stepping up H200 production ahead of sales to China, Huang says
Company confident ‘last details’ of deal with White House to resume AI chip exports will be finalised soonFinancial Times
Refining longevity risks for China’s ageing population
[The content of this article has been produced by our advertising partner.] Just like every dark cloud has a silver lining, insurers are proficient at managing risks and turning them into opportunities. As an ageing population has become a pressing issue around the globe, the booming demand for insurance and annuities presents considerable potential. China, one of the fastest-ageing countries, is expected to see its personal insurance market expand from four trillion Chinese yuan (US$553… South China Morning Post