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Development asian news

Narendra Modi - CGTN - Explainer: What you need to know about India's general elections - cgtn.com - India -  Delhi

Explainer: What you need to know about India's general elections

India's general elections, which kicked off on Friday, will see nearly 1 billion voters deciding whether incumbent Prime Minister Narendra Modi from the Bharatiya Janata Party (BJP) can secure a third term in office.

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Edna Tarigan - Satya Nadella - Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia - apnews.com - China - Indonesia - India -  Jakarta, Indonesia - region Asia-Pacific

Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia

JAKARTA, Indonesia (AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday.

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Bloomberg - Samsung reports chip profits after a year of losses, as AI boom drives fourfold surge in overall income - scmp.com - Usa - South Korea -  Seoul

Samsung reports chip profits after a year of losses, as AI boom drives fourfold surge in overall income

The world’s largest memory chip maker reported net income of 6.62 trillion won (US$4.8 billion) in the March quarter, versus the average analyst projection for 5.63 trillion won. That is more than four times the company’s earnings a year earlier.

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Dan Murphy - Natasha Turak - Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back - cnbc.com - Saudi Arabia -  Riyadh

Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back

Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans.

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Chris Maccarthy - Shari Redstone - Bob Bakish - Lillian Rizzo - Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives - cnbc.com

Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives

Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue.

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Associated Press - Deforestation in Indonesia spiked last year – but data analysis suggests better overall trend - scmp.com - Indonesia - Germany - state Maryland

Deforestation in Indonesia spiked last year – but data analysis suggests better overall trend

From trees felled in protected national parks to massive swathes of jungle razed for palm oil and paper plantations, Indonesia had a 27 per cent uptick in primary forest loss in 2023 from the previous year, according to a World Resources Institute analysis of deforestation data. But the loss is still seen as historically low compared to the 2010s, it said.

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Nikkei staff writers - Nikkei Group Asia and Sunway University to establish a cooperative relationship - asia.nikkei.com -  Tokyo - Malaysia

Nikkei Group Asia and Sunway University to establish a cooperative relationship

TOKYO -- Nikkei Group Asia (NGA), a group company of Nikkei Inc., and Sunway University, a leading private university in Malaysia, have signed a memorandum of understanding to establish a long-term cooperative relationship.

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Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream - cnbc.com - Eu - Norway

Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream

A cargo tanker off the coast of Norway completed a 13-hour journey last year — but it wasn't a regular ship. 

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