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9/13
07:38
South Korean Finance Minister nominee Lee Hyoung-il stated on Sunday that he is not currently considering corporate tax cuts, noting that the corporate tax rate effective this year has been restored to its previous level. Lee made the remarks in response to a question from a ruling party lawmaker about whether he would pursue corporate tax cuts, ahead of his parliamentary confirmation hearing on Tuesday.
07:36
The Wall Street Journal reports that Canada and the EU are discussing closer cooperation in energy, AI, defense, and critical minerals. This move comes as Ottawa seeks to diversify away from the U.S. amid escalating trade tensions.
07:17
John Schulman, co-founder of OpenAI and current Chief Scientist at Thinking Machines, predicted in a podcast discussion that AI could surpass top human experts in all cognitive tasks performable on computers within just 3 to 4 years. Concurrently, he, along with Beren Millidge, CTO of Zyphra, and Charlie O'Neill, Head of Model Training at Baseten, agreed that a 10x productivity increase for AI researchers within two years is highly credible. However, the three researchers diverged on the technical bottlenecks and pathways to AI Recursive Self-Improvement (RSI), reflecting deep uncertainties within the field.
07:15
Al Jazeera reported that Yemeni government forces and Houthi rebels clashed on multiple fronts, with Saudi Arabia launching over 100 airstrikes against Houthi positions in the past 48 hours to halt their advance. This follows the Houthis' capture of the strategic port city of Mocha and Mayun Island on Thursday and Friday, respectively, solidifying their control over the Bab al-Mandeb Strait, a vital global oil shipping lane. A member of Yemen's Presidential Leadership Council stated on Sunday that government forces, having withdrawn from the west coast, are regrouping in Marib and will return to the battlefield. The United Nations reported that nearly 46,000 people have been displaced since the escalation of fighting earlier this week, with over 2,000 fleeing to Djibouti in the past 24 hours.
07:15
Former Anthropic researcher Jacob Coxon told the BBC that AI practitioners feel "genuine fear" about the pace of technological progress and its potential impact on humanity, believing that if development is not slowed down, humanity could face extinction in the near future. Anthropic CEO Dario Amodei has also called for a slowdown in AI development, stating its risks are "serious," a sentiment echoed by OpenAI's Sam Altman and xAI's Musk. Coxon's colleagues also worry that AI dangers could emerge within two years, with some even considering buying land to mitigate risks. Anthropic scientist Evan Hubinger agrees with Coxon, estimating a greater than 10% chance of AI causing human extinction within the next decade.

However, NVIDIA CEO Jensen Huang refuted Coxon's views at a Goldman Sachs conference, calling the idea of AI "ending humanity" "complete nonsense." Hugging Face CEO Clement Delangue had also previously questioned Coxon's claims but later expressed willingness to help address the issues raised by Amodei. An Anthropic spokesperson responded that the company has always been transparent about AI bringing immense benefits and unprecedented risks, and has implemented robust safety measures. Anthropic previously paused the release of its Mythos model due to concerns that the model might autonomously escape its testing environment, and OpenAI also halted part of its Astra model development due to cybersecurity issues.
07:14
Ukraine's foreign minister stated that a passenger train traveling from Kyiv to Warsaw was hit by a Russian drone just kilometers from the Polish border on Sunday morning. This incident occurred as Russia's airstrikes push closer to NATO territory.
07:04
Senegal raised 101 billion CFA francs ($179 million) in a government securities auction on Friday, marking its first sale since announcing plans to seek a reworking of its external debt.
07:01
Zhipu announced on September 13 that the company has completed a new round of financing totaling approximately US$5 billion (approximately RMB 33.5 billion), consisting of approximately US$2 billion in share placement and approximately US$3 billion in zero-coupon convertible bonds. This financing comes just two months after its last placement financing of approximately US$4 billion in July, marking Zhipu's third equity financing since its listing on HKEX in January this year. Wall Street Insights analysis suggests that the financing structure of zero-coupon premium convertible bonds signals to the market an expectation for long-term stock prices.

According to the announcement, Zhipu intends to use approximately 60% of the net proceeds for the R&D of its next-generation GLM foundational model and "fully self-training" system, as well as the deployment and upgrade of large-scale training, production inference, hashrate resources, and related technological infrastructure; approximately 15% for business expansion, strategic investments, and potential mergers and acquisitions; and approximately 25% for optimizing its capital structure, supplementing working capital, and other general corporate purposes. The company expects these funds to be fully utilized by June 30, 2028.
06:33
Medical personnel stated that the attack, which occurred on Sunday in the Tal al-Hawa neighborhood of Gaza City, resulted in dismembered bodies. The Israeli military claimed its targets were two Hamas militants. Israeli attacks on the Gaza Strip have been a near-daily occurrence since the US-brokered "ceasefire" agreement last October.
05:57
Chinese President Xi Jinping stated on Saturday at the BRICS Leaders' Meeting in New Delhi that the complex evolution of the situation in the Middle East and the Gulf region, with conflicts causing severe losses to the people in the region, is not in the common interest of the international community. He emphasized that all relevant parties should adhere to the direction of political solutions, promote a permanent and comprehensive ceasefire, and focus on addressing the root causes of the problem by implementing the "two-state solution" with Israel. China is Iran's largest trading partner and energy export customer.
04:23
Elon Musk forwarded a tweet stating that he is not in favor of "cartels of state capture" and opposes AI that could harm humans. The tweet clarifies that Musk's call for caution to avoid economic damage from unsafe AI models is distinct from advocating for state regulation or capture of AI.
04:05
On the morning of September 13, local time, President Xi Jinping attended the second phase of the 18th BRICS Leaders' Meeting in New Delhi, where he put forward five initiatives for deepening BRICS cooperation: the AI Open Source and Inclusive Initiative, the Trade and Investment Facilitation Initiative, the Digital Industry Cooperation Initiative, the Intelligent Manufacturing Cooperation Initiative, and the Science and Technology Talent Development Initiative. Xi Jinping emphasized that BRICS countries should solidify the foundation of practical cooperation, leverage their advantages of being rooted in emerging markets and connected to the Global South, adhere to open cooperation and mutual benefit, maintain the stability and smooth flow of industrial and supply chains, foster an integrated large market, and build innovation incubators to upgrade traditional industries, develop emerging industries, and plan for future industries, allowing emerging technologies to illuminate the path to common prosperity.
04:01
Many Hong Kong landlords, once known as 'shop kings' for owning numerous properties, have gone bankrupt due to collapsing post-pandemic rents and tighter bank lending. Centaline Commercial reports that shop prices in the city have fallen more than 40% from their 2018 peak, and there are no clear signs of a market turnaround yet.
02:01
PwC is restructuring its India operations, merging its US and India outsourcing and consulting businesses into a joint venture with 40,000 employees to counter the growing threat of AI to the consulting industry.
01:41
The European Central Bank (ECB) was the first to tighten monetary policy last Thursday, marking its second rate hike since the outbreak of the Iran conflict. The Bank of England (BoE) is expected to keep interest rates unchanged in its decision this Thursday, but three officials already supported a rate hike at the July meeting, and with overall inflation in August projected to rise to a five-month high of 3.1%, the possibility of a shift to rate hikes as early as November cannot be ignored.
01:21
South Korean Industry Minister Kim Jung-kwan returned Sunday from three days of talks in New York, where he met US Commerce Secretary Howard Lutnick and other officials to discuss prospective projects, investment amounts, and terms under a major US investment program.
01:10
Lotte Group and KAIST have jointly opened a new research and development center, bolstering their industry-to-academia ties while ramping up capabilities for securing next-generation technology. Leaders from both sides, including Lotte Group Chairman Shin Dong-bin and KAIST President Bae Choong-sik, attended the completion ceremony of the Lotte X KAIST R&D Center at KAIST’s campus in Daejeon on Friday.
01:10
HD Hyundai and five of its subsidiaries—HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries, HD Hyundai Samho, HD Hyundai Ocean Service, and HD Hyundai Electric—will jointly operate a booth, focusing on technologies such as LNG carriers, floating storage and regasification units (FSRUs), and liquefied CO2 carriers. Gastech 2026, the world's largest gas exhibition, will be held next Monday to Thursday in Bangkok, Thailand.
00:59
South Korean government officials and industry experts stated at the "Jeollanam-do-Gwangju Integrated Special City Semiconductor and AI Transformation Global Forum" that the country plans to establish major semiconductor production bases in the southwest, and its success will depend on the timely availability of electricity, water, permits, talent, and a supplier network to support future corporate investments.

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