Tag: Asia Economy
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UN agency pauses Hormuz ship evacuation plan after first vessel attack under peace deal
The pause follows a container ship being struck near the coast of Oman on Thursday, with a U.S. official saying that Iran was responsible for the attack.
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Chevron CFO says gas prices will normalize after Trump presses Big Oil
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of “gouging” consumers.
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Amazon adds new funding, lifting India AI and cloud investment to $48 billion
Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India, taking its total investment to $48 billion.
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One of India’s largest gold exporters paid its managing director just $180 a month, investigators say in accounting probe
Indian authorities have found accounting discrepancies in books of Indian gold company Rajesh Exports, and owner of Swiss refiner Valcambi.
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Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill dozens
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
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Anthropic’s latest hiring spree reveals where it’s building AI data centers next
The AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.
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Iran’s neighbor, U.S. ally: What Pakistan gains from being a peacemaker
Pakistan’s efforts to bring an end to the conflict in the Middle East are driven by the need to avoid a spillover across its borders.
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Iran declares new Hormuz route ‘unacceptable and dangerous,’ warns against ships transiting without approval
The stern warning underscores Tehran’s resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.
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Inside India newsletter: Meet the humans teaching robots to perform routine tasks, as India finds a way to enter the AI race
Several companies have cropped up in India providing video training data made by humans that is being used to teach robots in the U.S. and China.
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Morgan Stanley doubles China humanoid robot shipment forecast as commercialization accelerates
Morgan Stanley has sharply raised its outlook for China’s humanoid robotics market, as early commercial deployment in real-world scenarios accelerated.
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