Gold-backed loans in India surge as import duty hike lifts domestic gold prices India’s sharp increase in gold import duties on May 13 has pushed domestic bullion prices higher, making …
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domestic
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Business
China tech giants hit as weak domestic demand erases AI rally gains
by Sato Asahiby Sato AsahiChina tech cools as Tencent, Alibaba and BYD see growth fade amid weak domestic demand China tech stocks, led by Tencent, Alibaba and BYD, have lost momentum as deflationary pressures …
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Business
China targets 70% domestic silicon wafer production by year-end
by Sato Asahiby Sato AsahiChina Pursues 70% Domestic Production of Silicon Wafers Led by Eswin Expansion China accelerates silicon wafers self-sufficiency drive, aiming for over 70% domestic supply this year through rapid factory builds …
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Business
Indonesia faces domestic backlash over US fighter jets transiting national airspace
by Sato Asahiby Sato AsahiJakarta Considers Allowing US Fighter Jets in Indonesian Airspace, Provoking Backlash Jakarta weighs US fighter jets in Indonesian airspace as lawmakers, analysts and regional partners voice security and diplomatic concerns …