Search results for World Bank
Industry
South Korea\'s first IAEA nuclear ministerial meeting closes, with SMR and AI on agenda
The International Atomic Energy Agency\'s nuclear ministerial meeting, held in South Korea for the first time, closed on Oct. 29 after a three-day schedule. The event drew about 800 participants including representatives from 62 IAEA member states, five international organisations and officials from about 85 companies. Delegates discussed safe nuclear use, institutional readiness for new technologies such as small modular reactors, workforce development, international cooperation, financing and AI use in nuclear facilities.
Crypto
Malaysia, Thailand join Singapore\'s Bloom digital currency initiative
Malaysia and Thailand have joined Singapore’s Bloom digital currency initiative, The Defiant reported on Thursday. The report said Visa, Mastercard and the World Bank Group are also included among participating organisations. The expansion focuses on tasks related to a cross-border settlement framework and interoperability. With the participant base widening, Bloom is strengthening its character as a multilateral cooperation effort beyond Singapore. Specific roles and digital currency details were not included.
Crypto
Bitcoin holds $80,000 as stablecoin payments spread
Over the past week, the global crypto market’s key theme was resilience. Bitcoin held $80,000 despite a CPI shock, while XRP defended $1.30 even as public interest faded. Investors are watching U.S. PMI data and the Oct. 27-28 FOMC, as well as Ripple’s Swell event. Stablecoins and tokenisation are spreading into mainstream payment rails. In South Korea, tax deferral bills and a forthcoming digital assets framework are emerging variables.
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AI & Enterprise
Science ministry to hold Global AI and Digital Summit with World Bank
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Crypto
Bitcoin stays rangebound as Fed hike fears ease, focus turns to U.S. data
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Crypto
Circle targets Southeast Asia, Latin America, Africa and Middle East, plans entry into 40 emerging markets
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Crypto
Stablecoin remittance costs 84 percent lower than traditional transfers
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AI & Enterprise
IMF warns global public debt nears post-World War Two peak; AI firm borrowing another variable
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Industry
U.S. after 2008 crisis: GDP rises while carbon emissions fall
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Telecommunications & Media
South Korea to hold public hearing on Global AI Hub site selection on Oct. 14
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Mobility
Tesla sets up Vietnam unit to take on VinFast, which dominates 92 percent of EV market
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Finance
Banks may regain lead in cross-border payments on accounts, regulation and trust
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Crypto
Five years on, was El Salvador\'s bitcoin legal tender experiment a failure?
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Crypto
Bank of Italy says stablecoin remittances show no consistent cost advantage
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Telecommunications & Media
Europe and North Africa start building first HVDC subsea power link under Mediterranean
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Crypto
Western Union\'s USDPT supported for trading on Bybit, expanding stablecoin strategy
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AI & Enterprise
AI fact-checking tests of five latest models show 67 percent disagreement
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AI & Enterprise
South Korea declares \'global AI hub\' vision with nine international organisations