Strong investment in AI infrastructure is keeping global growth at around 3 percent, yielding major benefits for many Asian economies that supply the hardware, International Monetary Fund Managing Director Kristalina Georgieva said on Monday.

Harness engineering is a method to build the software tools, guidelines and feedback mechanisms around an AI model to help it operate as a reliable, autonomous agent.

The administration faces increasing scrutiny over risks posed by advanced AI, after OpenAI and Anthropic reported their AI agents had gone rogue and hacked into other companies' systems.

The International Monetary Fund on Wednesday called for advanced economies to "act now" to address ballooning debt, with spiking bond yields at multi-decade highs and pressure growing on central banks to hike interest rates.

Saudi Arabia's GDP is expected to shrink by 3.3 percent, the International Monetary Fund said in its latest World Economic Outlook report, predicting a regional drop over Iran's blockading of the Strait of Hormuz.

Though still ranking third among Indonesia's export commodities by value, iron and steel products declined nearly 5 percent yoy in January-August 2026 due to both external and internal pressures.

The talks reflect growing government concerns about the financial health of the country's largest domestic carrier following a spike in jet fuel prices, the people said.

Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of United States inflation data later in the global day.

Japanese pensions, Indonesia's sovereign wealth fund looking to add exposure to hedge funds

Seoul, Tokyo and Taipei led losses across Asian stock markets on Tuesday as technology firms plunged on fresh worries about the outlook for the AI investment boom, with traders preparing for a crucial earnings season and release of key US data.

The dollar held ground near its strongest level in a year and a half in early Asian trade on Monday as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that will influence monetary policy.