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Speculation over whether Alibaba will re-enter music streaming gains traction after Tencent loses exclusive rights
A subsidiary of Alibaba Group Holding has applied for a slew of trademarks for its now-defunct music streaming service. Xiami Music, which ceased operations in February, was once Alibaba’s main competitor for Chinese listeners.
China moves to protect food delivery drivers from digital exploitation, knocking stocks such as services giant Meituan
The policy guidelines come as China ramps up a campaign to rein in Big Tech, forcing the sector to put greater emphasis on consumer and worker rights. The guidelines are designed to protect basic labour rights for riders, including a base income, work safety, food safety, a decent working environment.
China’s tech giants go on hiring spree for fresh graduates despite Beijing’s crackdown on the sector
Alibaba, ByteDance, JD.com and Meituan are hiring thousands of new graduates as competition for new talent heats up. Amid a historic crackdown on China’s tech sector, companies are also working to eliminate 996 work culture and answer Beijing’s call to boost employment.
The paper says that Korean government needs to prioritise job creation to solve unemployment in the long-run.
JAKARTA (The Jakarta Post/ANN): United States Defense Secretary Lloyd Austin will become the first member of President Joe Biden's Cabinet to visit South-east Asia this week, seeking to emphasise the importance Washington places on fortifying ties in the region while pushing back against China.
Unesco decision recognises Quanzhou in southeastern China as the ‘emporium of the world’ in the Song and Yuan dynastiesThe listing brings the country’s World Heritage Sites to 56, one fewer than top-ranked Italy
Coronavirus exposes cracks in Hongkongers’ retirement planning as health care costs and weak savings dominate worries, EIU survey finds
A survey of 600 Hong Kong adults show Covid-19 has made them less prepared for their needs in retirementWith the highest life expectancy globally, less than one in four Hongkongers anticipate that they could actually spend over 20 years in retirement.
MANILA (The Straits Times/ANN): President Rodrigo Duterte vowed on Monday (July 26) to shepherd the Philippines out of the Covid-19 pandemic in his last year in office, outlining plans to pull the economy out of a deep recession and keep the coronavirus at bay.
Coronavirus: Hong Kong confirms no new infections; medical condition of Saudi Arabian consulate worker’s daughter improving
Patient, 13, was revealed to be in a critical condition with Covid-19 over the weekend, but sources say her health is improvingHong Kong records no new infections for the fifth time this month, extends its run without local cases to 49 days
One hospital had to transport 10,000 patients to a facility with more reliable electricity. China has developed its urban centres into “smart cities”, causing problems when the Internet fails.