Also in today’s newsletter, Indonesia’s president-elect plans sharp rise in debt, and Hong Kong regulator clears PwC over whistleblower claims
Plans include boosting food and energy stockpiles and raising hospital capacity
Prabowo Subianto’s brother is confident country can retain investment-grade rating if government boosts tax revenue
Accounting and Financial Reporting Council rejects quality control allegations
Smartphone maker adds new capabilities in niche premium segment to combat being undercut on price
Chinese group’s Apollo has drawn strong opposition from local taxi drivers
Factory deflation eases but Beijing’s reliance on exports and industrial output is stoking trade tensions
Many in the region fear all-out conflict but calculations on the Israeli side are not straightforward
Repudiation of candidates came after their mishandling of the economy and power struggles among them
People’s Bank of China tries to stem rush into sovereign debt amid weakening economy
Tesla chief prioritised talks in China but has eye on long-term potential in world’s most populous country
Volodymyr Zelenskyy calls Indian PM’s trip to Russia a ‘devastating blow to peace efforts’
The nation can play a big part in shaping the world’s future but its internal challenges are formidable
Fast-fashion group faces allegations over its supply chain and lack of sustainability
US, UK, Germany and Japan back report alleging APT40 conducted ‘malicious’ cyber espionage activities
The longer bottlenecks last, the higher the risk of another inflationary jolt for the world
Singapore’s state-owned investor ‘not in a hurry’ to invest in artificial intelligence and warns of ‘hype’ in sector
Chief executive of Nasdaq-listed Indian renewables group says companies are mispriced as they struggle to raise cash
Beijing rolls out huge investment to upgrade transmission system as shift from coal piles pressure on creaking grid
The country’s problems are both cyclical and structural and need tackling on multiple fronts
Second-largest EV maker expands EU production as bloc clamps down on access for China imports
Neil Shen’s HongShan creates renminbi vehicle with more scope to invest in sensitive technologies than previous $9bn fund
For whom the cell tolls
Hungarian premier has rattled EU and Nato allies with recent diplomatic forays to Kyiv and Moscow
Reciprocal access agreement will allow armed forces to train and conduct military exercises in each other’s countries
International Edition