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KUALA LUMPUR: Malaysia has put on hold a $2 billion (£1.5 billion) plan to replace its ageing fleet of combat aircraft, looking instead to upgrade its aerial surveillance capabilities to confront the growing threat of militancy inspired by the Islamic State group, a source with knowledge of the matter said.
JAKARTA: Indonesian President Joko Widodo started his second five-year term on Sunday pledging faster infrastructure development and more investment opportunities to create jobs and growth in Southeast Asia's biggest economy.
IN upsetting everyone’s best-laid plans, the pandemic has made us aware of the fallibility of our single-minded pursuit of peak efficiency.
NEW DELHI: Prime Minister Narendra Modi has set in motion the first major revamp in decades of India's archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs.
ON WEDNESDAY, as most investors expected, the Federal Reserve left interest rates unchanged for now, but said the case for cuts later in the year is stronger than before. That judgment looks reasonable, all things considered.
HONG KONG: The United States on Tuesday sharply criticized the movement of a huge Chinese oil rig that Vietnam says has entered its waters, the latest show of Beijing's growing assertiveness to raise alarm among smaller countries in the region.
KABUL, Oct 4 (Reuters) - The Chinese passengers boarding the weekly Ariana Flight 332 from the remote western city of Urumqi to Kabul speak volumes about ties between a rising China, the world's number two economy, and its desperately poor and unstable neighbour, Afghanistan.
MADRID: A rare advisory for U.S. travelers to beware of potential terrorist threats in Europe drew American shrugs from Paris to Rome, but tourism officials worried that it could deter would-be visitors from moving ahead with plans to cross the Atlantic.