South Korea is among the world’s biggest seller of green bonds, and one of its top issuers is planning to tap the global debt market more aggressively next year to provide sustainable funds to local companies operating abroad. Export-Import Bank of Korea, the nation’s second-largest issuer of green notes, plans to sell about $12 billion to $12.5 billion of bonds offshore in 2022, compared with a...

London is one of the most watched cities in the world: Its inhabitants are caught on camera about 300 times a day on average and the British capital has become a test bed for police use of live facial recognition. But the technology, which powers a multibillion-dollar market for security firms and building management, has troubling limitations. To show it up even more, a special team of human off...

When he stunned the Glasgow climate conference by committing India to achieving net-zero emissions by 2070, Indian Prime Minister Narendra Modi issued a crucial caveat. Without the “transfer of climate finance and low-cost climate technologies,” he said, developing nations such as India would never be able to achieve their ambitious targets. That’s not an idle worry. If we have learned anything ...

As we collectively hurtle into the era of climate change, international relations as we’ve known them for almost four centuries will change beyond recognition. This shift is probably inevitable, and possibly even necessary. But it will also cause new conflicts, and therefore war and suffering. Since the Peace of Westphalia in 1648, diplomats have -- in peacetime and war alike -- for the most par...

For decades, IT administrators have waged an endless war to protect their systems from hackers. That struggle started half a century ago with audio tapes and floppy discs the primary weapon, before faster wired and mobile communications allowed an adversary to breach a target’s network to steal credit card information or shut down oil pipelines. Take that battle 20,000 kilometers into space wher...

Stablecoins have gone from an obscure corner of crypto to near the center of it. Major institutions, such as Mastercard, are now trying to create alternate payment networks based on stablecoin and crypto. I am rooting for such efforts to succeed, but in the meantime I have news for you: Stablecoins aren’t always stable. Unlike a lot of critics, however, I view fluctuating prices for stablecoins ...

Too bad we as a species don’t have the luxury of worrying about just one existential threat at a time. We’re already rather busy with one -- a pandemic -- and about to talk our heads off about another -- climate change -- at the COP26 convention in Glasgow. Now we’re also reminded of a third, nuclear annihilation. This summer, China apparently tested new hypersonic missile systems -- as recently...

Russian hackers are still rummaging through global computer networks despite headline-grabbing Russian and Chinese attacks over the past several months that should have prompted corporations to tighten security and the White House to take more pointed and forceful action. Sure, some companies have said they want to communicate better about digital breaches and the Biden administration slapped so...

Plans to survey chipmakers and keep tabs on the supply chain to head off further disruption highlight just how disconnected the US government is from the realities of a $500 billion industry that spans the globe. Instead, American diplomats would do well to work with allies to build an integrated real-time database that will last well beyond the COVID-19 pandemic. A request last month by Commerc...

By going officially and formally rogue, Poland may unwittingly have done the European Union a favor. In blatantly challenging the bloc’s legal authority, Warsaw is forcing the EU to decide whether it wants to become the “ever closer union” it claims to be, or to remain the malleable club of nations it actually is. Union or club -- either way the EU will have to make fundamental changes if it inte...

If you want to know why nearly 40 million leaked documents on the salting away of assets in offshore financial centers have failed to result in comprehensive change since the revelations started eight years ago, Billie Holiday provides a clue: “Them that‘s got shall get; them that’s not shall lose. So the Bible said, and it still is news.” The latest set of leaks to the International Consortium ...

Is the specter of communism haunting Russia again? Not since the election of 1996, the only post-Soviet presidential race in Russia to result in a runoff, has the country’s Communist Party seemed like a real threat. In more than two decades since Vladimir Putin first took the helm, it has played the role of pliant opposition, helping the Kremlin to maintain a facade of democratic choice. The futu...

Indonesia’s tourist spot Bali will start allowing direct arrivals from China, Japan and South Korea as a receding Covid-19 outbreak lets the country ease restrictions further. Foreign visitors from New Zealand, Qatar and United Arab Emirates can also enter the country through the island’s Ngurah Rai International Airport starting from Oct. 14, said Luhut Panjaitan, coordinating minister for inve...

SoftBank Group Corp. sold about $1.69 billion worth of its stake in Coupang Inc., the South Korean e-commerce giant whose stock surged and then tumbled after its initial public offering in March. SoftBank sold 57 million shares at $29.685 on Sept. 14, the company said in a statement to the U.S. Securities and Exchange Commission. The Japanese company is still Coupang’s largest shareholder. Masa...

In the days before COVID-19, I’d often get frustrated by the response that doctors would give when I turned up at their clinics with some infection or other: “It’s just a virus,” they’d say. As someone who’s long been fascinated by the detective work that goes into tracing the origins and history of infections, the answer always seemed too perfunctory. Which virus was it? Where and when did this...