The Caixin/S&P Global services purchasing managers' index (PMI) rose to 54.0 from 52.5 in April, expanding for the 17th straight month and growing at the fastest pace since July 2023
Read MoreAs part of an election pledge to transform India into a global manufacturing hub, Modi wants to offer subsidies for domestic production modelled on recent packages for semiconductor firms and electric vehicle makers
Read MoreSpeaking at the opening of the Shangri-La Dialogue defence summit in Singapore, Marcos said that the Philippines and other Southeast Asian countries had a vision for "peace, stability and prosperity" in the South China Sea
Read MoreShehbaz Sharif will also address the Pakistan-China Business Forum in Shenzhen with leading business entrepreneurs and investors from both countries
Read MoreLeaders from US and China met here on the margins of the Shangri-La Dialogue to discuss US-China defence relations, as well as regional and global security issues
Read MoreThe two leaders were meeting for the first time since 2022 and were expected to discuss contentious issues such as Taiwan and the South China Sea, as well as other topics
Read MoreBeyond territorial and sovereign issues, China’s aggressive posture is seen as a response to the growing closeness between Taiwan and the US
Read MoreShipments of foreign-branded phones in China increased by 52 per cent in April to 3.495 million units from 2.301 million a year earlier
Read MoreThe hundreds of billions of yuan invested in the sector puts into perspective President Xi Jinping's drive to achieve self-sufficiency for China in semiconductors
Read MoreThe countries will strive to hold the trilateral summit and ministerial meetings on a regular basis and work to ensure that people in the three countries can enjoy substantive benefits emanating from this cooperation, the statement said
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