Tag: Asia Economy
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Inside India newsletter: Hollywood is debating AI. India’s filmmakers are embracing it
Even as Hollywood remains the world’s most influential storyteller, experiments in AI filmmaking are increasingly happening in India.
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Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend
Lower costs, tax incentives and access to a larger market have seen a raft of companies shift operations to Malaysia from Singapore.
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Meta agrees to Indian AI data center deal as hyperscaler bolsters its infrastructure
Meta signs a deal with Mukesh Ambani’s Reliance Industries to lease an AI-enabled data center in India.
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China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.
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India’s growth story faces its toughest test yet in Modi’s third term
Prime Minister Narendra Modi faces his biggest test as India’s appeal as the world’s fastest-growing economy dims for global investors.
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Indonesia raises rates in surprise move as rupiah lingers near record lows
In a statement, the central bank said this was also a “pre-emptive measure” to maintain inflation within the government’s target range of 1.5% to 3.5%.
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China trade defies Iran war drag as exports, imports beat estimates in May
China’s economy has shown signs of faltering following a strong first-quarter.
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Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw
The Pentagon briefly posted a similar expanded list in February, then withdrew it without explanation before Trump’s China trip.
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China’s Xi to visit North Korea for first time in seven years as Beijing tests its influence over Kim
North Korea may use the summit as an opportunity to press for economic concessions or Beijing’s “tacit recognition” of its nuclear status, analysts say.
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India’s economy expands at 7.8% over January to March — faster than expected
The world’s fastest growing major economy, India, has been facing major headwinds due to the conflict in Middle East that began end of February.
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