Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast ...
USAID projects in India in 2023-’24 were unrelated to ‘voter turnout’, shows finance ministry report
The projects that the agency implemented in partnership with the Centre were about agriculture, water, renewable energy and health, among others.
Indonesia’s Prabowo officially establishes new sovereign wealth fund
President Prabowo Subianto on Monday signed a regulation that officially established a new sovereign wealth fund, "Danantara Indonesia", which will hold government stakes in state firms and is ...
False posts about Ronaldo ‘visiting Indonesia’ misuse New Year’s Eve video
An Indonesian charity's claim it had invited Cristiano Ronaldo to the Southeast Asian nation has sparked misinformation online, including an old clip falsely presented as showing the Portuguese ...
Indonesia launches new multibillion dollar Danantara sovereign wealth fund
Indonesia’s Prabowo officially establishes Danantara, which is modelled on Singapore’s investment arm Temasek.
DeepSeek has stoked a rotation out of India stocks into Chinese equities — but experts advise caution
Chinese stocks, led by a tech rally, have been on a tear since the release of DeepSeek's R1 model that challenged the U.S.-led AI ecosystem on costs and performance.
India’s annual palm oil imports to fall behind soft oils for first time, industry official says
Palm oil's share of India's annual edible oil imports is set to drop below soft oils for the first time as its rising premium over soyoil and sunflower oil pushes refiners toward more affordable ...
China’s fiscal deficit target will likely rise to 4% from 3% of GDP last year: Goldman Sachs
Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, discusses the outlook for China's economy in the lead-up to Premier Li Qiang's announcements on March 5.
Trump Targets China With Biggest Salvo So Far in Second Term
The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival.
Vietnam and the AI race: learning from DeepSeek’s success
The launch of DeepSeek is just one piece of China’s larger AI puzzle. With a clear roadmap and strong state-backed initiatives, China is positioning itself as an AI superpower. What steps can Vietnam ...