The announcement was made as President Lee Jae Myung visited San Francisco for talks with the heads of major US technology companies, including OpenAI CEO Sam Altman and Nvidia's Jensen Huang.

In the United States, Boring Company runs the Vegas Loop in Las Vegas, Nevada, which began transporting passengers in 2021.

President Lee's push to make South Korea a central player in the global AI supply chain comes as demand for chips and computing infrastructure outpaces supply, driving tech companies into closer partnerships with the country's semiconductor and memory leaders.

The European Commission on Thursday fined Google 890 million euros (US$1 billion) for breaching the Digital Markets Act (DMA), the bloc's landmark law policing the conduct of dominant online platforms.

Marcos made the suggestion in a wide-ranging State of the Nation speech that placed spiralling energy costs and inflation, driven by the war in the Middle East, centre-stage.

If not corrected, the seats could injure passengers and crew members during an emergency landing or block the aisle and slow an evacuation, the agency said.

The journey of an AQUA bottle begins long before it reaches consumers, with protected mountain ecosystems, advanced science, and a nationwide distribution network working together behind the scenes.

Indonesia's automotive market is not in decline but is undergoing a reset. While higher interest rates and affordability pressures have softened new-car sales, the market's long-term fundamentals remain intact. Electrification, urbanization and manufacturing investment are reshaping the industry and creating the foundation for its next phase of growth, according to Lukmanul Arsyad, an Industrials & Services Leader and Partner at PwC Indonesia.

Bank Indonesia has been under pressure to support Prabowo's big-growth agenda, even as the rupiah slid to an historic low in June amid concern over Indonesia's fiscal management and central bank independence.

SK hynix and Samsung lost around 13 percent, dragging the Kospi index down 10.2 percent, having earlier been paused for a 20-minute circuit-breaker.

Concerns about the sustainability of the AI boom and questions over the eye-watering sums pumped into the sector continue to dog traders, as tech firms bear the brunt of selling.

Red Sea attacks, slow Hormuz transit and crude oil loading suspension tighten supply, push up prices.

Goldman Sachs said Brent might exceed $120 a barrel in the fourth quarter and average $100 next year if the strait remains disrupted through 2027.