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Development asian news

Novartis lifts guidance after first-quarter results beat expectations - cnbc.com - Switzerland

Novartis lifts guidance after first-quarter results beat expectations

Swiss drugmaker Novartis on Tuesday raised its full-year guidance after reporting better-than-expected first-quarter results.

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AI can be a great leveller for the Global South. Just look at Bangladesh - scmp.com - Bangladesh

AI can be a great leveller for the Global South. Just look at Bangladesh

This may be the doomsday fear. While this technology poses risks, we mustn’t ignore the opportunities it presents too. AI can be a transformative tool for wealth creation and public service delivery in the developing world.

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CNBCcom staff - CNBC Pro Talks: Amazon, LVMH and more — fund manager will reveal the consumer stocks to buy right now - cnbc.com

CNBC Pro Talks: Amazon, LVMH and more — fund manager will reveal the consumer stocks to buy right now

When trying to assess the growth prospects of companies, portfolio manager Jack Dwyer says the consumer is king.

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Anthony Albanese - Industrial policy won't bring about a 'Future Made in Australia' - asia.nikkei.com - Australia

Industrial policy won't bring about a 'Future Made in Australia'

Satyajit Das, a former banker, is the author of "A Banquet of Consequences: Reloaded" and "Fortune's Fool: Australia's Choices."

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Rafizi Ramli - Nikkei staff writers - Malaysia rolls out 'Golden Pass' to lure unicorns and VC firms - asia.nikkei.com - Malaysia -  Kuala Lumpur

Malaysia rolls out 'Golden Pass' to lure unicorns and VC firms

KUALA LUMPUR -- Malaysia has rolled out new incentive packages to attract the world's leading startups and venture capital firms to the country, hoping to build a robust startup ecosystem that will spur growth.

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Dylan Butts - Global energy transition will require $4 trillion annually by next decade, BlackRock says - cnbc.com - Singapore -  Singapore

Global energy transition will require $4 trillion annually by next decade, BlackRock says

BlackRock estimates that the world's green energy transition will require $4 trillion annually by the mid-2030s, calling for more public-private partnerships, especially in Asia-Pacific.

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Here are the top 10 smartest cities in the world — and none are in the U.S. - cnbc.com - Usa - South Korea -  Seoul, South Korea

Here are the top 10 smartest cities in the world — and none are in the U.S.

Smart cities in Europe and Asia are gaining ground globally while North American cities have fallen down the ranks, according to the 2024 Smart City Index released April.

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Nikkei staff writers - SoftBank to spend $960m to boost computing power for generative AI - asia.nikkei.com - Japan -  Tokyo

SoftBank to spend $960m to boost computing power for generative AI

TOKYO -- Japanese telecom company SoftBank is investing 150 billion yen ($960 million) by 2025 to give its computing facilities the number crunching power needed to develop world-class generative artificial intelligence, Nikkei has learned.

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