Beijing official said relations with Moscow are at an historic high. China has heralded historically strong relations with Russia as it called for the pair to coordinate on security, stability and development in the Asia-Pacific region. China and Russia should play a “better role as an anchor of stability in the changing circumstances of the century,” the foreign ministry in Beijing said in a statement issued on Wednesday...

As enthusiasm for the tech wanes, markets approve of company’s decision to shift employees to burgeoning AI sector. US tech giant Apple has reportedly pulled the plug on its electric car project after a decade of investment into the technology, devoting more resources to artificial intelligence (AI). The halt on the decade-old project, which was reported on Tuesday and will see employees shifted to the firm’s AI division,...

After Russia launched a full-scale invasion of Ukraine, the West’s reaction was swift and decisive, with unanimous decisions by the European Union and the United States to support Ukraine and punish Russia with economic sanctions. Two years on, the war continues while Russia’s economy remains resilient. “Sanctions work. And there is hardly any alternative that would work more effectively. But they are not working at full capacity,” Agiya...