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Posted on January 28, 2025

L&T bags up to Rs 2,500 crore order to build Uzbekistan’s first AI-enabled data centre

L&T will deliver the data centre through the engineering, procurement and construction route, adding the facility will be equipped with advanced AI capabilities, with minimal environmental impact and ...

Posted on January 28, 2025

Energy ministers of Saudi Arabia, Iraq and Libya discuss market stability

Saudi Energy Minister Prince Abdulaziz bin Salman held talks on Monday with his Iraqi and Libyan counterparts, Hayan Abdel-Ghani and Khalifa Abdulsadek, in Riyadh on efforts to support the stability ...

Posted on January 28, 2025

Saudi Arabia ramps up EV charging with new EVIQ-BYD partnership

The collaboration aims to accelerate EV adoption in Saudi Arabia by integrating EVIQ’s expertise in fast-charging infrastructure with BYD’s expanding customer base ...

Posted on January 28, 2025

Here’s why South Korea’s growth is a casualty of its political impasse

South Korea really ought to be doing better. Inflation is easing nicely and, as a major exporter, the nation stood to benefit from an upswing in global growth. The American economy is outperforming, ...

Posted on January 28, 2025

Vietnam anticipates stock upgrade to emerging market this year

FTSE Russell, which says it is currently spending six to nine months considering such an upgrade, estimates the move would bring roughly $1 billion of foreign investment to Vietnam via passive funds ...

Posted on January 28, 2025

Growth prospects for Vietnam’s event tourism in 2025

Indronil Sengupta, chairman of the Indian Business Chamber in Hanoi, shared his insights with VIR’s Khanh Linh on Vietnam’s strategic initiatives to capitalise on these growing opportunities.

Posted on January 28, 2025

Japan’s Ishiba faces crunch over budget, meeting with Trump

Japan’s Prime Minister Shigeru Ishiba sought support for his minority government with the opening of parliament on Friday, as he aims to pass a record 115.5 trillion yen (S$1 trillion) annual budget ...

Posted on January 28, 2025

How Pakistan’s military is taking over its economy

The country’s armed forces have become intimately involved in everything from canal projects to energy contracts. Investors are increasingly nervous ...

Posted on January 28, 2025

Indonesia’s new leader expands military’s role in test of fragile democracy

Nearly three decades after the fall of Indonesia's authoritarian leader, General Suharto, the nation's new president is causing unease among liberals and others by increasingly turning to the once-all ...

Posted on January 28, 2025

Oil hits 2-week low as China’s DeepSeek AI spurs demand fears

Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost artificial intelligence (AI) model prompted concerns over energy demand to power data centers.

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