August 13, 2026
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Tag : semiconductors

Business

Developing Asia FDI reaches $644 billion in 2025

omandailynews.com
GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient among developing regions. The increase......
News

India and Japan expand AI and economic security ties

omandailynews.com
NEW DELHI, INDIA / MENA Newswire / – India and Japan broadened their Special Strategic and Global Partnership at the 16th India-Japan Annual Summit in New Delhi, adding cooperation in artificial intelligence, economic security, energy resilience, defence and mobility. Prime Minister Narendra Modi hosted Japanese Prime Minister Takaichi Sanae during......
Business

Bank of Korea keeps rate at 2.5% for seventh hold

omandailynews.com
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure, weaker growth risks and heightened market volatility. The decision by the seven-member Monetary Policy Board......
Technology

India weighs $11 billion fund to boost chipmaking

omandailynews.com
NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide subsidies for chip design projects, manufacturing equipment and the development of a local semiconductor supply......
Business

India joins Pax Silica initiative, signs AI pact with US

omandailynews.com
NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the margins of the AI Impact Summit. The documents were signed by S. Krishnan, secretary at......