India's 8.5% growth rate has some 'fluff,' former central bank chief Raghuram Rajan says
There is some 'fluff' in India's economic growth rate, according to former Reserve Bank of India Governor Raghuram Rajan.
Country asian news
Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia
Microsoft chairman and CEO Satya Nadella on Wednesday announced "significant commitments" to build a new regional data center in Thailand, among other initiatives, as the U.S. tech giant doubles down on Southeast Asia.
'Liquid gold': An olive oil shortage is fueling record prices and food insecurity fears
A shortage of olive oil, sometimes referred to as "liquid gold," has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.
Solomon Islands lawmakers elect former Foreign Minister Jeremiah Manele as new prime minister
MELBOURNE, Australia (AP) — Solomon Islands lawmakers elected former Foreign Minister Jeremiah Manele as prime minister Thursday in a development that suggests the South Pacific island nation will maintain close ties with China.
How the US can set standards on international deep-sea mineral mining
On land, China has used its power to drive mining and build processing infrastructure at a scale and pace unfathomable in Western markets. But polymetallic nodules in the deep sea offer an opportunity to flip this script. The International Seabed Authority (ISA), which governs the use of these resources, operates by consensus of 168 countries plus the European Union. This is drastically different from the influence China enjoys on land.
Over 40% of Americans see China as an enemy, a Pew report shows. That’s a five-year high
WASHINGTON (AP) — More than 40% of Americans now label China as an enemy, up from a quarter two years ago and reaching the highest level in five years, according to an annual Pew Research Center survey released Wednesday.
New US sanctions against Russia target weapons development, ban uranium imports for nuclear power
WASHINGTON (AP) — The United States on Wednesday imposed new sanctions on hundreds of companies and people tied to Russia’s weapons development program, more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties, and individuals linked to the death of Kremlin opposition leader Alexei Navalny.
Alibaba to build Vietnam data center to follow local storage law
HO CHI MINH CITY -- Alibaba plans to build a data center in Vietnam to store data locally in compliance with legal requirements, while it currently relies on government-owned facilities.