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Development asian news

Janet Yellen - Yellen says U.S., Europe must respond jointly to China's industrial overcapacity - cnbc.com - China - Usa - Russia - Ukraine - Iran - Eu

Yellen says U.S., Europe must respond jointly to China's industrial overcapacity

FRANKFURT - U.S. Treasury Secretary Janet Yellen said on Tuesday that the United States and Europe needed to respond to China's industrial policies in a "strategic and united way" to keep manufacturers viable on both sides of the Atlantic.

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Passenger Dies After Severe Turbulence on Flight From London to Singapore - nytimes.com - Singapore -  London -  Bangkok -  Singapore

Passenger Dies After Severe Turbulence on Flight From London to Singapore

At least one person died and multiple others were injured after a plane encountered severe turbulence on a flight between London and Singapore, Singapore Airlines said on Tuesday.

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Tshering Tobgay - Monica Pitrelli - Think Bhutan’s $100 daily tourism fee is pricey? It could go even higher, says prime minister - cnbc.com - India - Bhutan

Think Bhutan’s $100 daily tourism fee is pricey? It could go even higher, says prime minister

Bhutan may reconsider its controversial $100 daily tourism fees if the country's tourism industry recovers soon, Bhutan's Prime Minister Tshering Tobgay told CNBC on May 10.

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Nikkei staff writers - Top China chipmakers SMIC and CXMT push to scrap foreign inputs - asia.nikkei.com - China -  Beijing -  Taipei

Top China chipmakers SMIC and CXMT push to scrap foreign inputs

TAIPEI/BEIJING -- China's top chipmakers are pushing hard to localize the supply of key chip materials and chemicals to counter U.S. export controls, sources with direct knowledge of these efforts told Nikkei Asia.

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KIM JAEWON - Nikkei staff writer - Samsung names new chip unit head as AI race heats up - asia.nikkei.com -  Seoul

Samsung names new chip unit head as AI race heats up

SEOUL -- Samsung Electronics has replaced the head of its semiconductor division as competition in developing artificial intelligence chips heats up.

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Corn, millet and ... rooftop solar? Farm family’s newest crop shows China’s solar ascendancy - apnews.com - China - province Shandong

Corn, millet and ... rooftop solar? Farm family’s newest crop shows China’s solar ascendancy

JINAN, China (AP) — Shi Mei and her husband earn a decent enough living by growing corn and millet on their small farm in eastern China’s Shandong province. In 2021, they diversified by investing in solar energy — signing a contract to mount some 40 panels on their roof to feed energy to the grid.

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Jeff Cox - Ebrahim Raisi - 'Black Swan' author Taleb says people should worry about Middle East events but not investors - cnbc.com - Usa - Israel - Iran

'Black Swan' author Taleb says people should worry about Middle East events but not investors

People should pay attention to the events in the Middle East from a humanitarian perspective but disregard them as investors, according to author Nassim Taleb.

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Bloomberg - Reuters - AstraZeneca to build US$1.5 billion cancer drug plant in Singapore, reduce industry’s reliance on China - scmp.com - Japan - China - Usa - Indonesia - India - Singapore - Sweden -  Singapore

AstraZeneca to build US$1.5 billion cancer drug plant in Singapore, reduce industry’s reliance on China

AstraZeneca plans to build a US$1.5 billion manufacturing facility in Singapore to produce a promising category of cancer-killing drugs called antibody-drug conjugates (ADCs), the Anglo-Swedish drug maker said on Monday.

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