VC – ThePakistanInsights.com

South Korean robot AI startup draws funding from ANA, KDDI, VC firms

April 16, 2025

Indonesia raises alert to highest level for Lewotobi Laki Laki volcano
JAKARTA, Indonesia — Indonesia raised the alert level of Mount Lewotobi Laki Laki to the highest after it erupted eight times over the weekend, its volcanology agency has said. Lewotobi Laki Laki, located on Flores island in eastern Indonesia, spewed volcanic ash between 1.86 and 3.42 miles high on Sunday, agency head Muhammad Wafid said in a statement…
2 killed, at least 1 missing after train hits pedestrians in northern Ohio, officials say
FREMONT, Ohio — Two people were killed and at least one person is missing after multiple pedestrians were struck by a train Sunday evening in northern Ohio, authorities said. The incident occurred around 7 p.m. in Fremont, near Lake Erie between Toledo and Cleveland, WTOL-TV reported. Fremont Mayor Danny Sanchez confirmed two fatalities. Emergency crews…
Chinese banks in a pinch as consumer loans fall despite lending push
SHANGHAI — Despite a record-low interest rate environment, Chinese banks are struggling to boost lending as they confront the country’s trade war with the U.S. and other hurdles. Outstanding yuan-denominated loans at the end of April grew 7.2% year-on-year to 265.7 trillion yuan ($36.9 trillion), according to data published by the People’s Bank of China…
Thailand and Indonesia agree to promote trade as uncertainties loom
BANGKOK — Thailand and Indonesia will set up a joint government committee to promote bilateral trade, the countries’ leaders agreed on Monday, as global uncertainties cloud Southeast Asia’s two biggest economies. “The two countries will create a strategic partnership and stand ready to strengthen cooperation to benefit the people of Indonesia and Thailand,” Thai Prime…
BCCI decides to withdraw from Men’s Asia Cup
KARACHI: The Asia Cup scheduled for this year is unlikely to take place due to India’s refusal to participate, reportedly due to the ongoing tension between Pakistan and India. According to Indian media, the Board of Control for Cricket in India (BCCI) has decided to withdraw from both the Men’s Asia Cup and the Women’s…
The ‘Trumpcession’ is starting to hurt allies more than China
William Pesek is an award-winning Tokyo-based journalist and author of “Japanization: What the World Can Learn from Japan’s Lost Decades.” During the Trump 1.0 years from 2017 to 2021, the U.S. president’s tariffs targeted Xi Jinping’s China, but traditional U.S. allies such as Japan and South Korea found themselves at the center of collateral damage.…
Vingroup proposes new unit to build, run Vietnam’s $61bn bullet train
HANOI — The owner of Vietnamese conglomerate Vingroup has bid to build and operate a government-proposed 1,541-kilometer high-speed railway connecting Hanoi and Ho Chi Minh City that is expected to cost around 1,562 trillion dong ($61 billion). Vingroup founder Pham Nhat Vuong, the country’s first billionaire, submitted his plan to the government on May 6,…
Ishaq Dar departs for China on 3-Day visit
ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar departed for Beijing on a three-day visit to China. In Beijing, Ishaq Dar would hold comprehensive discussions with Chinese Foreign Minister Wang Yi, as well as other senior Chinese leaders, including key members of the Chinese Communist Party. The meetings would focus on current…