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Seoul's double in the metaverse is designed to simplify citizens' lives
The goal is to make the city even more "intelligent" and its services easily accessible to all.
S.African central bank eyes digital rand to cut cross-border payment costs
LONDON/JOHANNESBURG: A digital rand in South Africa could cut the high cost of cross-border payments for banks but its introduction is still a few years away, a senior central bank official said.
Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury
In its changes, effective May 2, the sustainability index also added soon-to-be-Musk-controlled Twitter Inc
Insight - Aircraft leasing faces shake-up
GLOBAL aircraft leasing faces a new shake-up this week after SMBC Aviation Capital’s deal to buy smaller rival Goshawk Aviation for US$6.7bil (RM29.45bil).
EU plans 9 billion euros joint borrowing for Ukraine, more for reconstruction
BRUSSELS (Reuters) - The European Commission proposed on Wednesday an extra 9 billion euros ($9.5 billion) in EU loans to Ukraine in 2022 to keep the country running and to set up a 'RebuildUkraine' Facility of grants and loans, modelled on the EU's own recovery fund.
Jentayu enters JV for RM78mil GDV condo project
KUALA LUMPUR: Jentayu Sustainables Bhd's wholly-owned subsidiary Ipmuda Properties Sdn Bhd is collaborating with Encorp Bhd's unit Encorp Development Sdn Bhd to develop a 10-storey condominium with an estimated gross development value of RM67.72mil.
Google's Russian subsidiary to file for bankruptcy after bank account seized
(Reuters) -Google's Russian subsidiary plans to file for bankruptcy after authorities seized its bank account, making it impossible to pay staff and vendors, but free services including search and YouTube will keep operating, a Google spokesperson said on Wednesday.
Analysis-Zombie unicorns: Indian startups go from feast to famine
MUMBAI (Reuters) -The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion, after marquee investors such as SoftBank and Fidelity pumped in hundreds of millions of dollars.
MMEA recovers body of man who fell from Penang Bridge
GEORGE TOWN: The body of a man who was reported to have fallen into the sea from the Penang Bridge on May 16 has been found.
Al Gore's Generation Investment launches US$1.7bil fund
AN investment group chaired by former U.S. Vice President Al Gore on Wednesday launched a $1.7 billion fund to take minority stakes in private companies focused on what it called a sustainable future.