India public works spending drives 7.7% growth, powers highways, high-speed rail and chip plants India public works spending on highways, high-speed rail and chip plants helped lift real GDP to …
spending
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Zhipu and MiniMax Shanghai listing plans point to mainland dual listings amid AI spending pressures Zhipu and MiniMax Shanghai listing plans highlight a push by the two Chinese AI startups …
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Business
Nvidia announces $150 billion annual Taiwan spending, to hire 4,000
by Sato Asahiby Sato AsahiNvidia in Taiwan: Huang Pledges Up to $150 Billion Annual Supply-Chain Spend, Plans 4,000 Local Staff Nvidia in Taiwan drew renewed attention after CEO Jensen Huang announced on May 27 …
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Business
Marcos orders 10 percent spending cuts as Iran war deepens stagflation risk
by Sato Asahiby Sato AsahiMarcos Orders 10% Budget Cuts as Iran War Deepens Stagflation Fears Philippine President Ferdinand Marcos Jr. on May 18, 2026 ordered at least a 10% cut in government spending, saying …
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Business
Indonesia posts 5.61% Q1 growth as subsidies boost spending, rupiah hits new low
by Sato Asahiby Sato AsahiIndonesia economic growth rises 5.61% in Q1 2026 as subsidies and Eid spending lift demand Government subsidies helped tame inflation and supported household spending during Ramadan and Eid, while the …
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Politics
Japan launches panel to revise National Security Strategy and consider defense spending
by Sui Yuitoby Sui YuitoGovernment launches expert panel to revise National Security Strategy ahead of 2026 deadline Japan convenes an expert council to revise its National Security Strategy, sparking debate over defense spending increases, …
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TSMC Reports Record Quarterly Profit as AI Infrastructure Drives Up to $56bn Capex Plan TSMC posts record quarterly profit, up 58.3% year-on-year, as AI infrastructure demand rises; the company plans …