China leads global mobile wallet adoption China has emerged as a frontrunner in mobile wallet adoption, with mobile wallets overtaking traditional payment methods such as cash and cards, according to a survey conducted by GlobalData, a prominent data and analytics company. The survey revealed that an impressive 84 per cent…
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Expected to recover in coming years Global shipments of smart home devices experienced a setback in the first quarter of 2023, declining by 5.6 per cent compared to the previous year, according to the latest report from the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. The report…
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The loss is posing challenges for Australian retailers New research conducted by Manhattan Associates reveals that Australian consumers have become more discerning and selective in their purchasing decisions, presenting a significant barrier to local retailers. The study found that 80 per cent of Australians have become more cautious compared to…
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Xi focused on a people oriented governance to improve quality of life Chinese President Xi Jinping has consistently demonstrated a strong commitment to improving the lives of the Chinese people throughout his political career. This dedication can be traced back to his early days in politics when he assumed the…
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The benefits of exchanges and mutual learning among different Asian civilizations were heavily believed. A recent survey conducted by the Global Times Research Centre across 21 Asian countries has revealed the deep-rooted pride Asian people feel for their cultural heritage and the potential for a more united Asia. The survey…
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The risk of manipulating truth and undermining human rights In today’s digital age, the power to control information has shifted from the hands of traditional institutions to those who command artificial intelligence (AI). While George Orwell’s dystopian novel “1984” depicted the Ministry of Truth’s control over the past and present,…
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Achieving net zero emissions by 2050 is one of Australia’s greatest challenges Australia’s national science agency, CSIRO, and property data analytics company CoreLogic Australia are trialling a new artificial intelligence (AI) system to estimate energy efficiency for homes across Australia. Understanding the energy efficiency of homes can help the industry…
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Autonomous vehicles are moving from virtual tests to early development Autonomous vehicles (AVs) are moving from virtual tests to early development phases worldwide in commercial spaces like ride-hail services, freight logistics, and mobile retail. Both consumer and commercial vehicles are leveraging real-time data to build complex simulations and understand how…
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E-commerce sales in Hong Kong have been growing at a robust pace Alternative payment solutions are the preferred payment method for e-commerce purchases in Hong Kong (China SAR), collectively accounting for a 43.3 per cent share in 2022, finds GlobalData’s 2022 Financial Services Consumer Survey. GlobalData’s E-Commerce Analytics reveal that…
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There is no silver bullet for reaching net zero so we need multiple shots on goal Storage of renewable energy will be essential to Australia’s net zero transition but will require significant investment, according to the latest roadmap released today by Australia’s national science agency, CSIRO. The Renewable Energy Storage Roadmap shows…
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