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Reliance affiliate, Vedanta among top bond donors to Indian PM Modi's party - asia.nikkei.com - India -  Mumbai

Reliance affiliate, Vedanta among top bond donors to Indian PM Modi's party

MUMBAI/BENGALURU (Reuters) -- Top donors to Indian Prime Minister Narendra Modi's Bharatiya Janata Party since 2019 under an opaque funding scheme that has now been scrapped included Megha Engineering, Reliance affiliate Qwik Supply Chain, MKJ Enterprises and Vedanta, data made public on Thursday showed.

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SHUNSUKE TABETA - Nikkei staff writer - China chip expo shows investment buildup amid plans for huge new fund - asia.nikkei.com - China -  Shanghai

China chip expo shows investment buildup amid plans for huge new fund

SHANGHAI -- China is expanding semiconductor supply chain investments to sustain double-digit growth in homegrown chip production capacity, focusing on mature technology while eyeing a massive new national fund to support further advances.

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DOMINIC FAULDER - Nikkei Asia associate editor - Myanmar's failed auction of Suu Kyi's home creates conundrum - asia.nikkei.com - Burma -  Bangkok

Myanmar's failed auction of Suu Kyi's home creates conundrum

BANGKOK -- The rancorous relationship between Aung San Suu Kyi, Myanmar's imprisoned elected leader, and Aung San Oo, her estranged older brother, reached a new impasse on Wednesday when no bidders showed up for the court-ordered auction of their famous family home in Yangon.

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Nikkei staff writers - KENSAKU IHARA and PEGGY YE - Hong Kong's CK Hutchison takes 36% hit to profit amid inflation - asia.nikkei.com - Hong Kong -  Hong Kong

Hong Kong's CK Hutchison takes 36% hit to profit amid inflation

HONG KONG -- CK Hutchison Holdings, a sprawling conglomerate founded by Hong Kong tycoon Li Ka-shing, logged a 36% drop in net profit for 2023 as it grappled with inflation as well as rising energy and labor costs.

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Arvind Kejriwal - Supporters of arrested Indian opposition politician protest in New Delhi - apnews.com - India -  New Delhi -  Delhi -  Sanjay

Supporters of arrested Indian opposition politician protest in New Delhi

NEW DELHI (AP) — Supporters of an anti-corruption crusader and one of India’s most consequential politicians of the last decade in India held protests Friday against his arrest, which opposition parties say is part of a crackdown by Prime Minister Narendra Modi’s government before national elections.

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In One Key A.I. Metric, China Pulls Ahead of the U.S.: Talent - nytimes.com - China - Usa

In One Key A.I. Metric, China Pulls Ahead of the U.S.: Talent

When it comes to the artificial intelligence that powers chatbots like ChatGPT, China lags behind the United States. But when it comes to producing the scientists behind a new generation of humanoid technologies, China is pulling ahead.

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Australia's central bank warns of another tough year for borrowers, businesses - cnbc.com - Australia - state Oregon

Australia's central bank warns of another tough year for borrowers, businesses

Australia's central bank expects another tough year for households and businesses, signaling little rate relief in months ahead, but judged the banking sector was well capitalized to absorb any losses from rising arrears.

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Elliot Smith - Bank of England holds rates but says 'moving in the right direction' for cuts - cnbc.com

Bank of England holds rates but says 'moving in the right direction' for cuts

LONDON — The Bank of England on Thursday held interest rates steady at 5.25%, but hinted at cuts on the horizon as inflation falls faster than expected.

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