17 h. ago China’s footprints in LATAM fuels US concerns but economic grip weaker

China’s footprints in LATAM fuels US concerns but economic grip weaker  Investing.com

Economics

4 d. ago From pledges to policy: Indonesia’s Prabowo marks 1 year in office

As Prabowo Subianto marks his first year as Indonesia’s president, the former general is grappling with the challenge of turning his populist campaign promises into lasting policy. While early initiatives such as free meals for children have drawn praise, concerns over civil liberties, economic sluggishness and foreign policy decisions threaten to overshadow his administration’s achievements. Prabowo, who was sworn in on October 20 last year, campaigned on a platform of ambitious social...

Events

8 d. ago Indonesia’s Bali subway plan stalls over investor concerns and feasibility

A US$20 billion plan to build an underground light rail in Indonesia’s Bali has stalled due to wary investors and concerns over land scarcity, throwing into question whether the island’s long-promised solution to solve its notorious traffic gridlock would ever get off the ground. More than a year after its ceremonial groundbreaking, the “Bali Urban Subway” remains in the feasibility-study phase. Officials once hailed the project as a game changer that would ease congestion and preserve the...

Economics

2 w. ago ‘Peaky Blinders’ Dance Production Heads to China as ROYO Expands Asian Footprint

‘Peaky Blinders’ Dance Production Heads to China as ROYO Expands Asian Footprint  Variety

Politics

3 w. ago China tests underwater data centres to reduce AI carbon footprint

Power-hungry data centres run hot, so one Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of solving computing’s energy woes. On a wharf near the city, workers were finishing off the large yellow capsule – a foray into alternative tech infrastructure that faces questions over its ecological impact and commercial viability. The world’s websites and apps rely on physical data centres to store information, with the growing use of artificial intelligence...

Politics

3 w. ago Illinois Ag Director: Lack of soybean sales to China raises major economic concerns

Illinois Ag Director: Lack of soybean sales to China raises major economic concerns  Brownfield Ag News

Economics

3 w. ago China rate cuts likely in fourth quarter amid growth concerns: Goldman Sachs

China’s central bank appears increasingly likely to ease its monetary stance in the fourth quarter, according to Goldman Sachs, as economic momentum slows and policymakers face mounting pressure to support growth. The forecast includes a 10-basis-point policy rate cut and a 50-basis-point reduction in the reserve requirement ratio, which could come as year-on-year growth slows sharply towards 4 per cent from a high base last year, a note released on Saturday said. “But the data-dependent nature...

Politics