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AI & Enterprise

Google plans release of 32 million AI-selected mosquitoes in Florida to test disease control

Google is seeking to conduct large-scale field trials in Florida using male mosquitoes carrying Wolbachia bacteria, selected with AI and automation, to reduce mosquito populations and curb the spread of diseases such as West Nile virus. Public EPA documents show its Debug project applied to release up to 32 million Wolbachia-treated male house mosquitoes in Florida and 32 million in California, with Florida releases split over two years. Public comments run until June 5.

Finance

Kosdaq rally as semiconductors pause puts focus on this week\'s market direction

South Korean stocks face a week packed with catalysts, including U.S. inflation readings, a Bank of Korea policy meeting, MSCI rebalancing and the launch of single-stock leveraged and inverse ETFs. Investors are watching whether the KOSPI can hold near 8,000 and whether rotation into Kosdaq growth stocks can continue. The Kosdaq surged last week on buying in advanced industries. Markets also await the U.S. PCE inflation gauge and policy signals on rates, inflation and the currency.

Finance

KB Kookmin Bank, KODIT to support firms hit by Middle East war with 230 billion won inclusive finance

KB Kookmin Bank will support small and medium-sized companies struggling due to the Middle East war and the effects of high oil prices and a weak won. The bank said it signed an agreement with the Korea Technology Finance Corp to provide inclusive financial support to help firms overcome the crisis. KB Kookmin Bank plans a 5 billion won contribution and about 230 billion won in guarantee-backed loans, with preferential guarantee ratios and fee support for eligible companies.