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UN adopts first global artificial intelligence resolution

The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence to encourage protecting personal data, monitoring AI for risks, and safeguarding human rights, U.S. officials said.

Biden’s softer climate regulation shows big US bet on subsidies to decarbonize

The Biden administration says its recent decision to scale back new climate regulations meant to force emissions cuts from cars and power plants will have a negligible impact on its overarching goal to halve greenhouse gas pollution this decade.

US Congress struggling to reach spending deal to avert weekend shutdown

A fractured U.S. Congress struggled behind the scenes on Wednesday to produce a massive spending bill to fund defense, homeland security and other programs that lawmakers must pass before the weekend to avert a partial government shutdown.

Analysis: US automakers race to build more hybrids as EV sales slow

As U.S. sales of gas-electric hybrid vehicles surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between all-combustion and all-electric is a durable trend.

Soaring Japanese equities offer investors cozy distance from troubled China

As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it rockets to all-time highs.

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AMRO warns Philippines faces inflation, investment risks

The Philippines faces a difficult policy balancing act as elevated inflation, weak public investment, and growing pressure on service exports threaten to weigh on economic growth, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

Globe scales up digital investments to power next growth phase

The Philippines has officially attained upper-middle-income country (UMIC) status after nearly four decades as a lower-middle-income economy, surpassing the World Bank’s threshold with a gross national income per capita of US$4,850, exceeding the US$4,636 cutoff.

Pru Life UK relaunches PRULove Wealth Direct

Pru Life UK has officially relaunched its PRULove Wealth Direct plan for a limited time, opening more accessible wealth-building opportunities for Filipinos.

Converge data center gets BOI Green Lane boost

Converge ICT Solutions Inc. is set to accelerate its multi-billion-peso Angeles Data Center after securing Green Lane status from the Board of Investments (BOI), clearing regulatory hurdles as the telecommunications company expands into higher-value digital infrastructure.
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