Anglers in Florida, Georgia, and Carolinas gain more fishing control with Trump's red snapper permit approval.
After winning legislative backing for the Hong Kong Jockey Club to offer basketball betting – an initiative aimed at drawing punters away from illegal online bookmakers and capturing additional tax revenue – the government has now paused the roll-out. Officials say the rise of prediction markets has altered the landscape and warrants closer examination. So, what is it about prediction markets that unsettles officials? Prediction markets are online platforms where the menu stretches far beyond...
A mobile app with details of trekking route maps will be installed in the phone of every trekker, which will help locate a trekker if they get lost
Loan apps function in a regulatory dark area and promise easy credit
European Union chief Ursula von der Leyen said on Wednesday that an EU-developed age-verification app was ready to go, as the bloc pushes to better protect children from online harm. Brussels has been under pressure to come up with more stringent measures to safeguard children online as several EU capitals move ahead with plans to ban social media under a certain age. To that end, five EU countries including France and Italy last year started testing an age-check app that von der Leyen said on...
Hong Kong authorities have put a plan to launch basketball betting on hold amid the rapid growth of the prediction market, seven months after lawmakers passed a bill to legalise the activity. A spokesman for the Home Affairs and Youth Bureau said on Monday night that any betting on sports in prediction markets was illegal. Launching basketball betting under the current circumstances would likely draw more attention to and participation in illegal prediction market gambling, indirectly fuelling...
It follows similar moves in other European countries, including France and Spain.
China has implemented a new regulation on supply chain security that hands officials the power to punish any entities deemed to threaten the country’s access to vital resources and the free flow of goods, as Beijing confronts an increasingly turbulent global outlook. The 18-point regulation – which was passed and became effective on March 31, but the full text of which was only published on Tuesday – elevates safeguarding China’s industrial and supply chains to a national security issue. The new...
A new rule in Guangzhou requiring teahouses to declare whether their traditional dim sum is freshly handmade has sparked debate and calls for transparency over how similar meals are made in Hong Kong. Guangzhou authorities on Wednesday released the new regulation on morning tea heritage protection, effective on May 1, which mandates that operators must explicitly indicate whether their dim sum dishes are made using traditional on-site methods or through non-traditional means. The mainland...
Chinese companies engaging in artificial intelligence activities are required to set up internal “AI ethics review committees” under new rules released by Beijing on Thursday, effective immediately. The notice comes as policymakers look to ensure that fast-paced AI progress can continue in a “healthy” manner amid growing consumer and enterprise adoption. Jointly released by 10 government bodies and institutions including the Ministry of Industry and Information Technology, National Development...
The mighty Zambezi River has its source in northern Zambia, and flows north, west, south, then east, tracing borders for several countries including Zimbabwe. As the river enters Zimbabwe, the water molecules begin to flow faster, unknowingly energised – developing first into a rush, then eventually a torrent as they plunge down the Victoria Falls. This is an excellent analogy of the extremes of stock market price movements. In a stock market crash, prices move slowly, then very fast. My...