Eight banks joined the initial rollout of KKI, while payments are made through QRIS, either by scanning a code or using QRIS Tap.

The White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches last year.

Georgieva said that there was a "tug of war" between the negative Gulf energy supply shock and growth tailwinds from the artificial intelligence investment boom that was starting to spread beyond US borders.

More than 14,000 runners from 46 countries convened in Gianyar, Bali, for Indonesia’s first World Athletics Elite Label Road Race.

The results exposed a squeeze at the heart of the low-cost model: Fuel makes up a larger share of expenses than at full-service airlines, but price-sensitive passengers leave carriers less scope to lift fares without weakening demand.

Beijing has this year increased oversight of the electric vehicle (EV) industry and introduced tougher safety requirements, as automakers, locked in a fierce price war, roll out technologies in the world's largest vehicle market.

Asian stocks edged higher Wednesday as oil prices extended a decline on receding concerns about another military flare-up between the United States and Iran, while traders were also nervously awaiting Nvidia's earnings and key US inflation data.

The US re-imposed its blockade of Iran's shipping and ports on July 13 as a deal to halt the war between them broke down in an attempt to cut off oil sales, Tehran's primary source of hard currency.

The lack of progress on reopening the Strait of Hormuz added to unease on trading floors, with oil prices gradually rising over the past two weeks as the United States and Iran remain deadlocked.