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The report concludes that more FDI from China would have numerous benefits, such as enhancing local manufacturing and export market access. Analysts agreed, arguing India should not let geopolitics stand in the way of economic progress despite the risks Beijing’s increased financial influence might bring.
NEW DELHI (AP) — India and the United Kingdom launched a new technology security initiative expected to boost economic growth and deepen collaboration, the two countries announced during the first official visit to India by the new British foreign secretary.
From a nondescript seventh-floor office at 135 Bonham Strand near Hong Kong’s financial district, at least four companies are operating with a shadowy mission: facilitating the illicit trade of Western technology to Russia.
Chester Cabalza, president of the International Development and Security Cooperation, told This Week in Asia that New Zealand’s desire to strengthen ties with Manila aligned with the West in “their strong position of rules-based order in the tense region”.
China’s central bank on Thursday cut a key interest rate, in Beijing’s second move this week to try to offset a weakening economy and a housing market crisis.
Stock futures rose Wednesday night after a sharp tech-driven sell-off dragged the Nasdaq Composite and the S&P 500 to their worst session since 2022.
TOKYO -- Japan's stock market rally has slowed since mid-July, and in early trade Thursday, the benchmark Nikkei Stock Averagewas down 3%, as professional investors turn their attention to the adverse impact of the weak yen.
IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts' predictions.