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Korea Eximbank commits $170m to Tanzania's first EDCF AI project

The Export-Import Bank of Korea will provide a $170 million loan to build an artificial intelligence education center in Tanzania, marking the first AI project financed through South Korea's Economic Development Cooperation Fund. The state-run lender said Thursday that its Senior Executive Vice President Lee Dong-ho…

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Scare campaigns: Victoria’s major parties trade blows over AI-generated videos of leaders in election ads

Transparency and advertising experts say trust in politics could be further eroded as a result of ‘lies, deepfakes and AI-generated politicians’Get our daily political email, free app or daily news podcastIt’s the night of Halloween and Jess Wilson has appeared on social media feeds with a warning about a scary pros…

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A Chinese medicine’s popularity drove up donkey prices in Africa

The demand for donkey hides has grown exponentially over the past 15 years, driven mainly by demand from China. Lauren Johnston is a specialist on China trade with Africa. She has spent several years looking into the donkey trade, and has just published a book, China, Africa and the Market for Donkeys. She answers q…

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[Anne O. Krueger] Tariff fiasco may save free trade

In the nearly two years since he returned to the White House, US President Donald Trump has picked up where he left off in his first term, shredding the open multilateral trading system that has served the world so well since the end of World War II. He has imposed sweeping tariffs on dozens of countries, repeatedly…

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Brand USA appoints 19 Global Travel Trade Ambassadors across Singapore, Taiwan, PH, Vietnam

BRAND USA, the destination marketing organization for the United States, has selected 19 travel trade professionals across Singapore, Taiwan, the Philippines and Vietnam as Global Travel Trade Ambassadors, formally introducing a regional network of trusted US travel specialists who will support destination education…

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Bad to worse? Europe’s relief over US midterms tempered by prospect of Trump backlash

Follow the SCMP’s live coverage here After almost two years in which the transatlantic alliance verged on collapse, a Democratic landslide in the US midterm elections was welcomed in Europe on Wednesday, even if few believed it would be a panacea for ailing ties. The Democratic Party swept both chambers of the US Co…

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At China’s annual import fair, EU firms test Beijing’s promise to open up its markets

European firms are heading to this year’s China International Import Expo (CIIE) in Shanghai, China’s biggest annual import fair, in search of new trade opportunities, with many treating the event as a test of Beijing’s promise to open up its market as frictions persist between Beijing and Brussels and the EU’s defi…

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How China accidentally broke the West’s arms trade monopoly

As Russia has intensified its attacks on Ukraine’s energy infrastructure in recent months, the deployment of fiber-optic drones has proven devastatingly effective. The drones use hair-thin cables to maintain direct connections with operators, making them highly resistant to electronic jamming and essential to both s…

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Andy Burnham to unveil EU trade deals worth billions of pounds

Agriculture, youth visas and emissions agreements nearly tied up under PM’s plan for a much closer relationship with BrusselsThe UK-EU food produce deal: what was agreed and will it affect shoppers?Andy Burnham is preparing to announce billions of pounds of trade deals with the EU covering everything from youth visa…

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Trump administration will cut South Africa and Rwanda from the AGOA trade program

JOHANNESBURG — U.S. President Donald Trump will cut South Africa and Rwanda from a quarter-century-old Africa trade agreement at the end of the year as punishment for not meeting certain criteria, including policies on trade barriers and alignment with U.S. foreign policy, the Office of the U.S. Trade Representative…

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Why a midterm mauling for Trump will not bring Asia trade relief

Since returning to the White House in January last year, US President Donald Trump has upended the global trading order with his scattergun approach to tariffs and launched a war on Iran that sent oil prices soaring. On Tuesday, American voters hurting from nagging inflation and the high cost of living that have def…

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