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Zimbabwe's new currency suffers chaotic start
Zimbabwe's new gold-backed currency got off to a chaotic start with shops accepting only US dollars on Tuesday and vexed Zimbabweans queuing up outside banks for hours to access their savings.
EU probes Chinese wind turbine suppliers over subsidies
The European Union on Tuesday announced a probe into Chinese wind turbine suppliers, the latest move by Brussels targeting Beijing over green tech subsidies suspected of undermining fair competition.
South Korea to invest $7 billion in AI by 2027
South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday. South Korea aims to become a world leader "in AI technology and go beyond memory chips to conquer the future AI chip market", Yoon said at the Tuesday meeting.
Social media supercharges South Korea's 'politics of hatred'
Online disinformation and hate speech are poisoning politics the world over, but in South Korea there have also been real-life acts of violence in a deeply polarised electorate before polls on Wednesday. - Ex-presidents in jail - Politics is famously adversarial in South Korea, where two of the past three presidents have ended up in jail on corruption charges.
Asian markets mixed as 'critical' US inflation data looms
Asian stocks were mixed Tuesday as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve's decision-making on interest rates, with investors lowering their expectations for how many cuts it will deliver.
Cash-strapped Argentines queue for eyeball scans
Argentines eyeing a financial boost are lining up by the thousands to have their irises scanned in exchange for a few crypto tokens as part of an online biometrics project under scrutiny in several countries.
Tesla settles wrongful death lawsuit from fatal crash
Tesla has settled with the family of an engineer killed when his Model X crashed in Silicon Valley six years ago, avoiding a trial, according to court filings Monday. Court documents filed Monday said Tesla and the family of Wei Lun Huang had reached a settlement, and that Tesla is asking the amount involved remain under seal.
Climate pledges of big firms 'critically insufficient': report
From carmakers to fast fashion, dozens of major international companies are failing to reduce their greenhouse gas emissions at the pace required to slow climate change, a report said Tuesday. Distinguishing real cuts to planet-heating greenhouse gas emissions from "unsubstantiated greenwashing" was a major challenge, particularly for consumers, they said.
OpenAI's Sam Altman declared billionaire by Forbes
Sam Altman, the CEO of ChatGPT creator OpenAI, has become a billionaire, Forbes said Monday. Altman, who became the face of the global AI frenzy when his company released ChatGPT in 2022, cracked the magazine's list of billionaires in the 2,692nd position.
AFP
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