The presidential regulation lays out a roadmap for ministries and regional governments to adopt AI from 2026 to 2029, targeting "economic growth through development, facilitation and use of AI especially in the president's priority programs."

In a meeting with BP Batam, the President has emphasized that the free trade zone and tropical attraction should serve as a national model for downstream industrialization, investment acceleration, regulatory reform and logistics efficiency.

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.

The biggest challenge for the implementation of B50 is how to balance palm oil demand between biodiesel, food needs and exports.

Soon after disembarking at Hong Kong's train station, Chinese private investor Feng was opening a stock trading account at a nearby brokerage, hoping to evade tighter restrictions on capital leaving the country.

Asian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big miss on US jobs creation soothing worries over a Federal Reserve interest rate hike.