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“We believe this year is when a lot more momentum will be gained, with some of these [initiatives] becoming bigger in terms of projects,” Siva Ganesan, head of AI cloud business unit at Tata Consultancy Services (TCS), told This Week in Asia.
BEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to analysis published Thursday by the U.S.-based Center for Strategic and International Studies.
GIP, Malaysian sovereign wealth fund Khazanah Nasional and others are part of a consortium that has offered to take over Malaysia Airports Holdings Berhad (MAHB) in a privatisation deal that would value the airport operator at US$3.9 billion.
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BEIJING (AP) — Nine people have died and six are missing after downpours caused historic flooding in rural parts of Guangdong province in southern China, while authorities warned Friday of more flooding ahead in other parts of the country.
WELLINGTON, New Zealand (AP) — New Zealand’s government will overhaul the tighter gun laws introduced after a deadly mass shooting by a white supremacist five years ago, because they put excessive burdens on gun owners who feel vilified by law enforcement and the public, the lawmaker leading the changes said.
A Jeju hotel receptionist accused of raping a Chinese traveller in her room has been arrested on the charge of sexual assault, according to South Korea’s police on Friday.
BEIJING — Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial public offerings in the near future.