South Korea-Czech nuclear deal advances despite court injunction
The deal was postponed after a court injunction was granted in response to a legal challenge by French energy company EDF, an unsuccessful bidder in the tender.
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New lifts, pipes, cafes: China doubles down on urban upgrades to buck ‘consumption downgrade’
But getting people to spend has been a challenge amid a “consumption downgrade”, arising from an expected slowdown in the global economy due to geopolitical tensions.
Indonesia courts Bill Gates for sovereign wealth fund board to anchor philanthropy push
The Gates Foundation has pitched a strategic collaboration with Danantara Trust, the philanthropic arm of Indonesia’s state asset fund, which is being set up to manage…
China’s central bank cuts interest rate as US tariffs threaten economy
People’s Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to commercial banks would be reduced by 0.25 percentage points to 1.5 percent.
Tests reveal alarming levels of banned pesticide in vegetables sold in Kathmandu
Dangerous levels of organophosphates can cause nerve damage.
Indonesia’s GDP growth drops below 5% in President Prabowo’s first quarter
The Ramadan boost failed to significantly jack up consumer spending, investors fretted about global uncertainty, and government spending contracted.
Tik Tok faces uncertain future over ban in US
The Trump administration granted the app its second 75-day extension this year so that it could find a US buyer. The reprieve will expire in mid-June.
China reaffirms commitment to supporting foreign businesses
China aims to continue to provide a world-class business environment characterised by market-oriented policies, rule of law, and international standards.
Prices of everyday foods in Malaysia have almost doubled in 13 years, says Statistics Department
The department's report showed that the price of roti canai rose by 71.1%, from an average of 90 sen per piece in 2011 to RM1.54 in 2024, while nasi lemak increased by 81.3% from…
LGBTQIA+ community emerges as Thailand’s new economic powerhouse, generating over USD4.5 billion
The study projects an influx of 4 million LGBTQIA+ tourists, contributing 152 billion baht and raising Thailand’s GDP by 0.3%.