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Development asian news

OECD upgrades global growth outlook as U.S. outperforms - asia.nikkei.com - Japan - China - Usa - Britain - Germany

OECD upgrades global growth outlook as U.S. outperforms

PARIS (Reuters) -- The global economy is growing faster than expected only a few months ago thanks to resilient U.S. activity while inflation is converging more quickly than expected with central banks' targets, the OECD said on Thursday, upgrading its outlook.

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Anwar Ibrahim - Satya Nadella - Microsoft will invest $2.2 billion in cloud and AI services in Malaysia - apnews.com - Japan - Philippines - Indonesia - Thailand - Malaysia - Vietnam -  Abu Dhabi -  Kuala Lumpur, Malaysia

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

KUALA LUMPUR, Malaysia (AP) — Microsoft is investing $2.2 billion over the next four years in Malaysia’s new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday.

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Srettha Thavisin - Sheila Chiang - Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia - cnbc.com - Indonesia - Thailand - Malaysia - Singapore

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.

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Manasseh Sogavare - ROD McGUIRK - Matthew Wale - Jeremiah Manele - Solomon Islands lawmakers elect former Foreign Minister Jeremiah Manele as new prime minister - apnews.com - China - Taiwan - Australia -  Beijing, Taiwan - Solomon Islands -  Melbourne, Australia

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.

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Joe Biden - Janet Yellen - Alexei Navalny - New US sanctions against Russia target weapons development, ban uranium imports for nuclear power - apnews.com - China - Usa - Russia -  Moscow - Washington - Ukraine -  Sanction

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.

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Natasha Turak - BlackRock is opening a Saudi investment firm with initial $5 billion from PIF - cnbc.com - Saudi Arabia -  Riyadh

BlackRock is opening a Saudi investment firm with initial $5 billion from PIF

Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.

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Nikkei staff writers - Japan weighs regulating AI developers, following U.S. and EU - asia.nikkei.com - Japan -  Tokyo - Washington - Eu -  Brussels

Japan weighs regulating AI developers, following U.S. and EU

TOKYO/BRUSSELS/WASHINGTON -- Japan is considering regulating large domestic and international AI developers to limit risks to society such as the spread of misinformation, following steps taken by the U.S. and the European Union.

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NANA SHIBATA - Nikkei staff writer - China's BYD, Neta eye growth in Indonesia with new EV investments - asia.nikkei.com - Japan - China - Indonesia -  Jakarta

China's BYD, Neta eye growth in Indonesia with new EV investments

JAKARTA -- Chinese electric vehicle makers BYD and Neta Auto are poised to challenge Japan's dominance in Indonesia's car market, announcing new investment plans and rolling out their latest models at an auto show in Jakarta.

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