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Indonesia launches first EV battery plant
Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry. The plant is part of a $9.8 billion electric vehicle battery deal signed between Indonesia and LG in 2020.
Asia markets track Wall St records as Powell revives rate hopes
Asian stocks rose Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against inflation had made "progress" and the job market was cooling.
France's renowned Arles photo fest goes 'beneath the surface'
One of the world's most renowned photo festivals, in the French town of Arles, returned this week with a timely ode to diversity at a moment when France is turning towards the far right.
Single and proud: S. Korean YouTuber's viral embrace of solo life
South Korea has declared its super-low birthrate a "national emergency" and poured billions into encouraging citizens to marry and reproduce, but one YouTuber has found happiness and success promoting the opposite ideal.
Amazon counts on 'grit and innovation' to meet AI surge
The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT. To satisfy their generative AI urge, firms need to secure state-of-the-art software and ramp up computing power, which quickly brings them knocking on the doors of the globe's cloud computing giants, of which Amazon's AWS is the biggest.
Athens Acropolis introduces private visits for 5,000 euros
The Acropolis in Athens, one of the world's most visited ancient monuments, has begun offering private visits for 5,000 euros ($5,400), setting off protests from the site's guards. The programme set off controversy when it was first announced last year, and the union that represents guards at archaeology sites said it opposes these private visits that by-pass the usual official guides.
Google greenhouse gas emissions grow as it powers AI
Google, despite its goal of achieving net-zero emissions, is pumping out more greenhouse gas than before as it powers data centers needed to support artificial intelligence, the company said. Google is not alone in facing the challenge of feeding power-hungry AI data centers, while trying to curb creation of climate-changing greenhouse gas.
Biden calls for lower prices of Ozempic, similar drugs
US President Joe Biden on Tuesday called on pharmaceutical giants Novo Nordisk and Eli Lilly to lower prices for diabetes and weight loss drugs such as Ozempic, saying firms must stop "ripping off the American people."
US Fed has made 'quite a bit of progress' on inflation: Powell
The US Federal Reserve has made "quite a bit of progress" in its fight against rising prices and could hit its inflation target as soon as next year, Fed chair Jerome Powell said Tuesday.
AFP
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