Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
South Korea will invest 2.6 trillion won in hyperconnectivity and related technologies for newly emerging services by 2025.
The Ministry of Science and ICT identified the emerging services as metaverse, blockchain, and cloud technology.
According to Minister Lim Hye-sook, the emerging industries that promote hyperconnectivity will bridge the real and virtual worlds and expand South Korea’s economic territory.
The ministry, says Lim, will roll out policies and initiate business projects that will keep South Korea ahead in the newly emerging areas.
The business projects will increase their uses of extended reality, blockchain, and internet of things services in manufacturing, healthcare, and education.
The ministry, which is encouraging the public sector to use cloud services provided by private firms, will launch a support center to assist small and medium-sized enterprises and venture companies in developing new blockchain services and advance local testbeds for IoT technologies.
South Korea will support local companies in developing open metaverse platforms.
