- Reuters
South Korea prepares support package worth over $7 billion for chip industry
South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a "war" in the semiconductor industry. Finance Minister Choi Sang-mok said the government would soon announce details of the package, which targets chip materials, equipment makers, and fabless companies throughout the semiconductor supply chain. The program could include offers of policy loans and the setting-up of a new fund financed by state and private financial institutions, Choi told executives of domestic chip equipment makers at a meeting, the finance ministry said in a statement.
- AFP
Indonesia school bus crash kills 11, dozens injured
At least eleven people were killed and dozens more were injured when a bus carrying high school students on a graduation trip crashed on Indonesia's biggest island, police said Sunday.The students had just celebrated their graduation and were on a school trip when the bus suddenly lost control and tilted to the left, crashing into a car and three motorbikes, West Java province police spokesman Jules Abraham Abast told AFP Sunday.
- Associated Press
Blues rise, Crusaders fall marks Super Rugby power shift in New Zealand
The 12th round of Super Rugby Pacific may have seen a changing of the guard in New Zealand rugby. The Auckland-based Blues surged to the top of the championship ladder with a 31-27 win over the formerly first-place Hurricanes while the seven-time defending champion Crusaders dropped further back in the playoffs race when they lost 32-29 to the Highlanders. The only remaining obstacle to the Blues finishing first at the end of the regular season appears to be a clash with the Hamilton-based Chiefs in the last round.
