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Asia-Pacific News India

  • President Donald Trump in the Oval Office at the White House on May 10, 2017 in Washington, DC.

    Trump doesn't have a plan — or people — in place for key domestic and foreign policies, writes National Review's Kevin Williamson.

  • PARIS/ TOKYO, May 15- Renault-Nissan said on Monday that output had returned to normal at nearly all its plants, after a global cyber attack caused widespread disruption including stoppages at several of the auto alliance's sites. However, manufacturing remained suspended at the Douai plant in northern France, where Renault builds pricier models including...

  • May 15- Canada Pension Plan Investment Board, the country's biggest public pension fund, said on Monday it would invest $500 million in a joint venture with Indian property developer IndoSpace. The joint venture, IndoSpace Core, will buy and develop logistics facilities in India, the companies said. The joint venture will buy 13 industrial and logistics parks...

  • NEW DELHI, May 15- India said on Monday its computer systems have largely escaped a massive global ransomware attack, and that state organisations managing government websites and building supercomputers have installed security patches issued by Microsoft Corp.. Aruna Sundararajan, secretary of India's Ministry of Electronics and Information...

  • *Asia companies, govts report minor disruptions from cyberattack. *Payment system, govt services knocked offline in China. Disruptions were low in the rest of Asia, including Japan, India, South Korea and Australia.

  • Xi'an, China - May 14 2015: India Prime Minister Narendra Modi visits Emper Qins Terra - cotta Warriors and Horses Museum on May 14, 2015 in Xi'an, Shaanxi province.

    India has indirectly criticized one of China's flagship policy programs as the two nations seek to assert their power in Asia.

  • OBOR: 'No initiative in history has been perfect'

    Victor Gao, chairman of the China Energy Security Institute, addresses India's concerns over sovereignty regarding China's "One Belt One Road" initiative.

  • Vishal Harnal, 500 Startups, weighs in on consolidation in the Indian e-commerce market as companies deal with Amazon's entry to the market.

  • NEW DELHI, May 14- India has not sent an official delegation to attend the "Belt and Road Forum" in Beijing and instead criticised China's global initiative, warning of an "unsustainable debt burden" for countries involved. Indian foreign ministry spokesman Gopal Baglay, asked whether New Delhi was participating in the summit, said India could not accept a project...

  • BEIJING— Pledging more than $100 billion in financing, Chinese President Xi Jinping called Sunday for closer cooperation across Asia and Europe in areas from anti-terrorism to investment as leaders from 29 countries gathered to promote a Chinese initiative that could increase Beijing's global influence. Other countries welcome the investment, but...

  • This photo taken on February 12, 2017 and released on February 13 by North Korea's official Korean Central News Agency (KCNA) shows North Korean leader Kim Jong-Un (C) surrounded by soldiers of the Korean People's Army as he inspects the test-launch of a surface-to-surface medium long-range ballistic missile Pukguksong-2 at an undisclosed location.

    The U.S. doesn't have the officials in Asia to manage North Korea's nuclear threat and other issues in East Asia, policy experts say.

  • MUMBAI, May 12- Indian conglomerate Piramal Enterprises said it is looking to expand its real estate development business and also expects to have a licence to start providing home mortgages by July. The Mumbai- based group, whose interests range from pharmaceuticals to financial services and real estate financing in India's big cities, said it now plans to...

  • HYDERABAD, India _ Dr. Reddy's Laboratories Ltd. on Friday reported fiscal fourth-quarter profit of $48 million. On a per-share basis, the Hyderabad, India- based company said it had net income of 29 cents. For the year, the company reported profit of $186 million, or $1.11 per share.

  • Douglas McMillon, president and CEO of Wal-Mart.

    Wal-Mart CEO Douglas McMillon was ordered to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery in Mexico.

  • NEW DELHI, May 12- India is likely to be represented by local embassy staff or academics this weekend at a major gathering of leaders and ministers on China's " Silk Road" initiative, reflecting deep unease in New Delhi about the far-reaching project. India's main objection to China's plan to build ports, railways and power links across Asia and on to Europe is that...

  • NEW DELHI/ SINGAPORE, May 12- India's state-run Bharat Petroleum Corp Ltd is revising the formula it uses to price naphtha exports to include the mean prices from Argus Media instead of only relying on S&P Global Platts, a tender document showed. The refiner is looking to sell 33,000 tonnes of naphtha for June 4-6 loading from Mumbai and another 55,000 tonnes for...

  • Oil market dancing between OPEC cuts and US production: Pro

    Jonty Rushforth, global head of oil pricing at S&P Global Platts, speaks about factors affecting the oil price and demand in India.

  • An employee drives a Tesla Model S electric automobile, equipped with Autopilot hardware and software, hands-free on a highway.

    In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers.

  • MUMBAI/ NEW YORK, May 11- Trade protectionism is a "dead end" that may score political points but will ultimately hurt the U.S. economy, one of the most influential Federal Reserve officials said on Thursday in the central bank's strongest defense yet of open borders in the face of a skeptical Trump administration. William Dudley, head of the New York Fed, did not...

  • MUMBAI, May 11- New York Federal Reserve President William Dudley said on Thursday the U.S. central bank will normalise its balance sheet in a "very careful way", while leaving "sufficient" excess reserves in the financial system. Dudley, in a speech in Mumbai, also told the audience not to expect any "dramatic change" in monetary policy in the United States.