SEOUL -- A South Korean state-run think tank on Wednesday revised up this year's growth outlook for the Asian country by 0.6 percentage points to 2.5 percent, reflecting improvements in both exports and consumption.
The revision, up from a growth of 1.9 percent estimated three months earlier, was attributed to a boom in semiconductor exports and an enhanced consumer demand, the Korea Development Institute (KDI) said, adding that the real GDP was forecast to rise 1.7 percent in 2027. (South Korea-Growth outlook)
- - - -
MANILA -- Philippine President Ferdinand Romualdez Marcos on Wednesday said that the government did not order Senator Ronald Dela Rosa's arrest, vowing to identify those who tried to enter the Senate complex, according to local media reports.
Gunshots rang out inside the Philippine Senate complex on Wednesday night, triggering chaos and confusion inside the building. The situation later calmed down, according to Senate officials. (Philippines-Senator-Gunshots)
- - - -
TOKYO -- Japan's current account surplus in fiscal 2025 grew 15 percent from a year earlier to 34.52 trillion yen (around 219 billion U.S. dollars), hitting a record high for the third consecutive year, according to government data released Wednesday.
The surplus was supported by the goods trade, which moved out of the red, as well as growing returns on overseas investments amid yen weakness, the Finance Ministry said in a preliminary report. (Japan-Current account surplus)
- - - -
SINGAPORE -- Singaporean Prime Minister Lawrence Wong on Wednesday called for a balance between safety and innovation in regulating artificial intelligence (AI), warning that the technology is advancing faster than legal systems can adapt.
"We must strike the right balance -- between safety and progress, between control and creativity," Wong said at SGLaw200 Youth Forum, adding that societies were already facing the consequences of AI misuse through sophisticated scams, deepfakes and misinformation. (Singapore-PM-AI) Enditem
京公网安备 11010802027341号