Empowering democracy: The expanding influence of representative institutions in Uzbekistan

As Uzbekistan stands on the brink of its 2024 elections, the nation is at a crucial juncture that will shape its future on both domestic and international fronts. These elections, scheduled for October, are not just another democratic exercise; they are a pivotal continuation of the irreversible reforms that began in late 2016. These reforms …

KEPCO’s reissuance of bonds feared to impact debt market

Korea Electric Power Corp. (KEPCO) is issuing bonds again following a nine-month hiatus, prompting speculation that it may hinder the efforts of private companies to raise money in the debt market. The country’s sole electricity supplier, KEPCO has a triple A rating in the bond market despite its snowballing losses, because the government guarantees recurring …

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surge

Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed. The company reported a net income of to $16.6 billion. Adjusted for one-time items, net income was …