Thailand halts Italian-Thai projects after deadly crane accidents, deepening pressure on construction giant

Thailand halts Italian-Thai projects after deadly crane accidents, deepening pressure on construction giant

Thailand’s Ministry of Transport on Friday ordered a 15-day suspension of construction across 14 contracts involving Italian-Thai Development Plc (ITD), following two fatal crane accidents in as many days that have intensified scrutiny of safety standards on state-backed infrastructure projects....
Taiwan Secures “Best Tariff Deal” with US, Winning 15% Tariffs for Key Industries as China Condemns Agreement

Taiwan Secures “Best Tariff Deal” with US, Winning 15% Tariffs for Key Industries as China Condemns Agreement

Taiwan has reached a significant trade agreement with the United States, securing a 15% tariff rate with no additional fees for its automotive and wood furniture industries, and zero tariffs on certain aerospace components. The deal, hailed by Taiwan’s Prime...
Yoon Suk Yeol

South Korean Court Sentences Former President Yoon Suk Yeol to Five Years in Prison Over Failed Martial Law Attempt

A South Korean court on Thursday sentenced former President Yoon Suk Yeol to five years in prison for obstructing authorities’ attempts to arrest him following his failed attempt to impose martial law in December 2024. The ruling marks the first...
Indian Coast Guard seizes Pakistani boat with 9 crew members for illegally entering Indian waters

Indian Coast Guard Seizes Pakistani Boat Near Maritime Boundary, Detains Nine Crew

The Indian Coast Guard (ICG) has seized a Pakistani fishing boat and detained nine crew members after intercepting the vessel inside Indian waters near the International Maritime Boundary Line (IMBL) in the Arabian Sea, officials said on Thursday. According to...
Infosys

Infosys Shares Surge 4% After Raising Fiscal 2026 Revenue Guidance Amid Strong AI Adoption and Deepening Client Engagement

Shares of Indian IT giant Infosys Ltd. (NYSE: INFY) jumped as much as 4% on Friday, marking their best intraday gains in four months, after the company unexpectedly raised its revenue guidance for fiscal 2026. Analysts said the firm is...
High-Frequency Trading (HFT)

China Moves to Curb HFT Advantage, Ordering Servers Out of Exchange Data Centers to Level the Playing Field for Investors

China is taking decisive steps to curb the speed advantage enjoyed by high-frequency trading (HFT) firms, ordering servers used by these traders to be removed from data centers operated by local exchanges. The move, reportedly led by regulators, is set...
Taiwan Semiconductor Production

Taiwan Pledges $500 Billion in Investments to U.S. to Strengthen Semiconductor Production and Forge Strategic AI Partnership

Taiwan is positioning itself to become a strategic partner with the United States in artificial intelligence (AI), following a landmark trade and investment agreement designed to bolster technology collaboration and semiconductor production, Taiwan Vice Premier Cheng Li-chiun said Friday. The...
China

China’s “National Team” Sees Record ETF Outflows as Authorities Seek to Cool Market Rally

Some of the exchange-traded funds (ETFs) most closely associated with China’s so-called “national team” experienced record outflows on Thursday, signaling a possible intervention by state-backed investors to temper a stock market rally fueled by AI enthusiasm and corporate earnings optimism....
China Population

China Turns Population Policy Into Economic Strategy as Costly Pro-Birth Push Targets Fourth Year of Population Decline

China’s long-running experiment with population control has entered a dramatic reversal, with demographic policy now taking centre stage in Beijing’s economic planning as authorities confront a shrinking and rapidly ageing society. Official population data due on January 19 is expected...
China AI

China Moves to Cap Imports of Advanced AI Chips, Exploring Controlled Purchases From Nvidia Instead of an Outright Ban

China is moving to establish new rules governing how many advanced artificial intelligence (AI) chips domestic companies can purchase from foreign suppliers such as Nvidia, a step that could reshape Beijing’s approach to managing access to critical U.S. technology amid...
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