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Trump admin eases export controls for UAE; Warren blasts 'corrupt' provision

The Commerce Department on Friday moved toward easing export controls on the United Arab Emirates, including by saying it will "favorably review" export license applications for MGX, the UAE-backed investment firm that used a stablecoin linked to President Donald Trump's family for its $2 billion investment in Binance.

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SK Group Chair Chey says Nasdaq debut 'historical moment,' expects huge AI investment

WASHINGTON, July 10 (Yonhap) -- SK Group Chairman Chey Tae-won said Friday that South Korean chip giant SK hynix Inc.'s debut on the tech-heavy Nasdaq is a "historical moment" and a "dream come true," expressing his expectation for the group's large-scale investment in the artificial intelligence (AI) sector.

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AI moves to the factory floor as automakers embrace smart manufacturing

ARTIFICIAL intelligence (AI) is emerging as a driving force behind the next generation of automotive manufacturing, with new research showing the technology is helping automakers improve productivity, reduce equipment failures and strengthen quality control as factories become increasingly connected and data-driven.

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Agri trade deficit widens

THE country’s agricultural trade deficit of $988.65 million in May was 6.4 percent narrower than the $1.06 billion a year earlier, the Philippine Statistics Authority reported, but was larger than April’s $667.35 million and also the highest since March’s $1.25 billion.

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The Manila Times to host Maritime Forum on offshore wind supply chain

As the Philippines positions itself to become a major offshore wind market in Southeast Asia, The Manila Times will convene government officials, industry executives and maritime experts to discuss one of the sector’s biggest challenges — building the maritime infrastructure needed to support offshore wind development.

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