Sri Lanka’s Chinese-built port city stirs white elephant fears
Sri Lankans are questioning the feasibility of Port City Colombo as their country faces its worst economic crisis.
Economy
Tesla to recall 362,000 US vehicles on full self-driving software
Software allows vehicles to ‘exceed speed limits or travel through intersections in an unlawful’ manner, says regulator.
Official: Iran, China to launch Green Customs Corridor, booost trades
A senior Iranian official says Iran and China plan to launch a Green Customs Corridor aimed at facilitating growing trade between the two strategic partners.
North Korea’s Kim Jong-un breaks ground for apartments, farm
North Korean leader attends groundbreaking ceremonies amid concerns for isolated country’s food situation.
Petronas units in Luxembourg ordered seized in colonial-era row
Luxembourg court bailiffs issue new seizure orders for units of Malaysian state oil firm in long-running land dispute.
World Bank head criticised over climate stance to step down early
David Malpass led lender through crises including the war in Ukraine but faced criticism over stance on climate change.
US Republicans subpoena Big Tech CEOs over censorship claims
House Judiciary Committee writes to top Silicon Valley executives amid claims conservative speech is being suppressed.
Modi ally says BJP has ‘nothing to hide’ amid Adani controversy
India’s home minister Amit Shah makes comments after ruling party accused of favouritism towards embattled conglomerate.
Japan names university academic as next central bank governor
Economics professor Kazuo Ueda’s nomination comes after outgoing governor’s deputy reportedly turned down the role.
Japan’s economy rebounds less than expected amid COVID recovery
Asia’s second-largest economy grows 0.2 percent during the October-December period, falling short of expectations.