The wisdom of prediction markets

Artificial intelligence giant Anthropic is looking for an approximately $1.3 trillion valuation in an initial public offering despite new questions about money in the sector.

Prices increased slightly from September to October, new data from the Bureau of Labor Statistics (BLS) showed Tuesday. The consumer price index (CPI) increased 0.4 percent from September...

Hong Kong has cut the cost of its new Northern Metropolis rail link by 28 per cent to HK$86.2 billion (US$11 billion), after the government approved the funding for the...

Formulaic AI-generated microdramas risk stifling human creativity and innovation, a Beijing professor has warned at a forum in Macau. Zhang Lanshan, a professor at the School of Digital Media and Design...

Alibaba Group Holding’s chip design unit T-Head has filed for an initial public offering (IPO) on a confidential basis in Hong Kong, the company said in a stock-exchange filing on...

Operation Santa Claus (OSC), one of Hong Kong’s most enduring annual fundraising campaigns, has been launched, with organisers aiming to raise money for 13 local charities this year to “bring...

The former brother-in-law of slain Hong Kong socialite Abby Choi Tin-fung has insisted in court that the model was “not in a position” to blame him for her strained relationship...

A Northern California judge on Monday permanently barred Shasta County from implementing a voter-approved initiative that sought to dramatically reshape voting in the conservative stronghold.

The boy is a third-grader in San Diego and was brought to the U.S. with his father who was deported to Mexico, according to federal and school district officials.

Hong Kong’s de facto central bank plans to introduce legislative amendments in the first quarter of next year to lower the capital costs for banks lending to local tertiary institutions,...

Hong Kong’s Ocean Park has been urged to enhance its safety measures after an ageing observation tower broke down for the second time in two years, leaving 42 people stranded...

A British Nobel-winning virologist has launched a programme to develop the world’s first hepatitis C vaccine after joining a university in Hong Kong, tapping the city’s research funding, access to...