South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.
Regions
Asian Markets to Gain on Fed Rate Cut Signal; Japan's Yen Remains on the Brink
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
UK Inflation Rate Drops to 3.4% in February — Its Lowest Level Since September 2021
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.
Biden Administration Is Considering Blacklisting Huawei-Linked Chinese Chipmakers: Report
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
New Microsoft-TESDA Partnership to Equip More Than 100,000 Philippine Women With AI, Cybersecurity Skills
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
Latest News
Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead.
Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals
Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Chef Kentaro Nakahara is bringing the world-renowned Wagyu katsu sando sandwich to Miami via his new restaurant, which showcases premium beef and a handpicked Japanese menu.
Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages.
A former executive of Semiconductor Manufacturing International Corporation (SMIC), the largest chip foundry in China, has reportedly joined ChangXin Memory Technologies (CXMT), the country's leading memory chip maker, to lead research and development.
Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.
Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders.
South Africa's return-to-office efforts get a middle finger from employees. Office-based policies are now increasing.
