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☆ I've traveled to 9 out of 10 countries in Southeast Asia. Here are the 5 biggest mistakes I made along the way.
▼ + stars: | 2024-04-09 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

Going during monsoon season and not planning for the weather. Bangkok during the monsoon season. Marielle DescalsotaIn July, I traveled to Thailand on a reporting trip to cover the budding cannabis industry. I didn't plan for the weather, so I didn't have an umbrella or poncho with me and had to rush to get one at the last minute. This is a common occurrence in countries like Laos, Thailand, and the island of Borneo, which is shared between Brunei, Indonesia, and Malaysia.

Persons: Marielle Descalsota Locations: Bangkok, Thailand, Chakkrawat, Southeast Asia, Philippines, Laos, Borneo, Brunei, Indonesia, Malaysia

☆ China says innovations, not subsidies, are powering EV edge as Yellen raises 'overcapacity' concerns
▼ + stars: | 2024-04-08 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

(Photo by BAY ISMOYO / AFP) (Photo by BAY ISMOYO/AFP via Getty Images)China's Minister of Commerce Wang Wentao said that the speedy rise of the country's electric vehicle firms was not because of subsidies, but due to "constant innovations." The allegations about "overcapacity" by the U.S. and Europe are without merit, he said, China's Ministry of Commerce reported Monday. Wang also attributed China's EV edge to "well-established supply chain system and market competition." The roundtable discussion centered around the European Union's anti-subsidy probe into electric vehicle imports from China, among other topics, according to the statement. Wang noted that the Chinese EV industry has "made an important contribution to the global response to climate change as well as green and low-carbon transformation."

Persons: ISMOYO, Commerce Wang Wentao, Wang Organizations: Getty, Commerce, U.S, China's Ministry of Commerce, EV, Commerce Ministry, EU Locations: Jakarta, Indonesia, AFP, Europe, Paris, China

☆ These are the best stocks to play the 'explosive' up move in copper, according to Strategas
▼ + stars: | 2024-04-07 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Copper prices are in the midst of a sharp rally, and there are a few stocks investors could check out to play the trend, according to Strategas. In a Thursday report, he called out the "explosive move from copper" and identified stocks with exposure to the metal that are breaking out of their multi-year ranges. The average price target suggests downside of about 3% from current levels. The average price target suggests 29% downside from current levels. He also raised his price target to $130 from $91, implying that shares could rally about 17% from their Friday close.

Persons: Chris Verrone, Bernstein, Bob Brackett, Brackett, Jefferies, Alejandro Anibal Demichelis, Demichelis Organizations: Copper, Southern Locations: U.S, Freeport, McMoRan, McRoRan, Indonesia, Mexico

☆ Why the Boeing 737 Max has been so problematic
▼ + stars: | 2024-04-06 | by ( Erin Black | ) www.cnbc.com time to read: +1 min

Both were Boeing 737 Max 8 planes. Then in January 2024, a near catastrophe occurred when a door plug blew off an Alaska Airlines 737 Max 9 plane at 16,000 feet, shortly after it took off from Portland, Oregon. The Department of Justice has opened a criminal investigation into the Alaska Airlines incident, and the Federal Aviation Administration said it found quality control problems in its audit of Boeing and fuselage maker Spirit AeroSystem 's 737 Max production process. The FAA has said it won't let Boeing expand production until it is satisfied with its quality control. CNBC explores how Boeing's 737 Max crisis unfolded and what the future holds for Boeing's best-selling jet.

Persons: Max, AeroSystem, Dave Calhoun Organizations: Boeing, Max, Alaska Airlines, of Justice, Federal Aviation Administration, FAA, CNBC Locations: Indonesia, Ethiopia, Portland , Oregon, U.S, Alaska

☆ McDonald's will buy all 225 restaurants from Israel franchise following pro-Palestinian boycott fallout
▼ + stars: | 2024-04-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

McDonald's signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced, following months of dramatically lower sales due to pro-Palestinian boycott action amid the Israel-Hamas war. "An agreement to sell Alonyal to McDonald's Corporation has been signed," the McDonald's statement said Thursday. "Upon completion of the transaction, McDonald's Corporation will own Alonyal Limited's restaurants and operations, and employees will be retained on equivalent terms." "We are dismayed by the disinformation and inaccurate reports regarding our position in response to the conflict in the Middle East," McDonald's Corp. said in a November statement. "McDonald's Corporation is not funding or supporting any governments involved in this conflict, and any actions from our local Developmental Licensee business partners were made independently without McDonalds' content or approval."

Persons: McDonald's, Omri Padan, Israel —, —, Chris Kempczinski Organizations: Israel, Alonyal Ltd, McDonald's Corporation, McDonald's, Consumers, Gaza, enclave's Health Ministry, World Health Organization, McDonalds Locations: Israel, East, Malaysia, Indonesia

☆ Indonesia's and India's economies are 'more insulated than before' to global risks, economist says
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia's and India's economies are 'more insulated than before' to global risks, economist saysPaul Gruenwald, global chief economist at S&P Global Ratings, says both countries have "great growth stories" and "good domestic demand stories."

Persons: Paul Gruenwald

☆ While many flock to see the eclipse, these cultures are doing something different
▼ + stars: | 2024-04-05 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +8 min

CNN —For many people, the upcoming total solar eclipse is a joyous and celebratory occasion. But in other cultures and faith traditions, an eclipse is less spectacle and more spiritual. Having drunk the nectar, Rahu becomes immortal while Ketu dies. Some Christians believe it signals the second coming of ChristPeople visit the Bald Knob Cross near Alto Pass, Illinois, on August 19, 2017 ahead of a total solar eclipse. The New Testament of the Bible contains several mentions of the sky darkening while Jesus was hung on the cross, which some believers associate with a solar eclipse.

Persons: Sanjay Kanojia, Sangeetha Kowsik, Kowsik, Vishnu, Mohini, Ketu, Rahu, Hanuman, ” Kowsik, Ganesha, Lord Hanuman, Fachrul Reza, NurPhoto, Akif Aydin, Muhammad’s, Ibrahim, Aydin, —, Prophet Muhammad, ”, Scott Olson, Jesus Christ, Jesus, Matthew, “, “ Eli, Eli, lema, Joel, Andrea L, Robinson, Brian van der, Evelyn Bahe, ” Bahe, Bahe, Institute’s Nancy C, Maryboy, David Begay, Kristin Fisher Organizations: CNN, Getty, New York University, Atlantic Institute SC, Christ People, Christianity, “, Los Angeles Times, Department of Diné, Sun, Institute’s Locations: Mexico, Canada, Prayagraj, Yamuna, AFP, South India, Lhokseumawe, Indonesia, South Carolina, Alto Pass , Illinois, American, America, it’s, Navajo, Rock , Arizona

☆ Nvidia plans to build a $200 million AI center in Indonesia amid push into Southeast Asia
▼ + stars: | 2024-04-05 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California, on Feb. 11, 2015. Nvidia is planning to build a $200 million artificial intelligence center in Indonesia in partnership with local telco giant Indosat Ooredoo Hutchison, as the U.S. tech darling continues its push into Southeast Asia. Indosat did not respond to a request for comment, while Nvidia declined to comment on the matter. Indosat Ooredoo Hutchison is Indonesia's second-largest mobile telco after a 2022 merger between Qatar's Ooredoo and Hong Kong's CK Hutchison. Nvidia's increased presence in Indonesia represents a broader push into Southeast Asia this year as data demand in the region booms on the back of the growing digital economy.

Persons: Ooredoo Hutchison, Budi Arie Setiadi, Indosat, Blackwell, Indosat Ooredoo Hutchison, Kong's CK Hutchison Organizations: Nvidia, Indonesia's, Information Technology, Qatar's, Kong's Locations: Santa Clara , California, Indonesia, U.S, Southeast Asia, Surakarta, Central Java, Nvidia's

☆ How India is challenging China as Asia's tech powerhouse
▼ + stars: | 2024-04-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +30 min

New Delhi has sought to woo foreign tech companies and has been increasingly successful, with giants like Apple increasing their presence in the country. Tom Chitty: For years China has been Asia's tech powerhouse where the world's electronics and some of the biggest companies on the planet are located. And I think India is in the very early stages, to put it quite bluntly, of trying to do that. Tom Chitty: India have got an election this year as well, which is going to be interesting to see what happens there. You know, India has aligned itself slightly more to the countries that are currently a bit more anti-China, shall we say?

Persons: Tom Chitty, Arjun Kharpal, It's, Let's, I'm, Arjun, You'll, We're, we've, what's, gunning, Narendra Modi, it's, Tom, Modi, Trump, Apple, COVID, there's, Taiwan's, that's, Karen Tso, China's, Tim Cook, Raghuram Rajan, We've, feasibly, India's, let's, he's, you've, we'll, I've, We'll Organizations: Apple, CNBC, China, India's, Foxconn, Micron, Tata Electronics, Taiwan's Powerchip Semiconductor Manufacturing Corp, Reserve Bank of India, CCP, Samsung, Bain, India, London Locations: China, Tencent, Asia, India, Delhi, Washington, Beijing, American, COVID, U.S, Brazil, Vietnam, Indonesia, Thailand, Taiwan, South Korea, Bangalore, Goa, Kolkata, Mumbai, Europe, Silicon, New York, Germany

☆ Taipei 101: How Taiwan’s tallest skyscraper withstands earthquakes
▼ + stars: | 2024-04-04 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But in a triumph of modern engineering, the soaring Taipei 101, once the world’s tallest skyscraper, emerged from the island’s latest seismic event undamaged. A 660-ton spherical device called a tuned mass damper swings like a giant pendulum in the skyscraper's upper floors. “It’s essentially a very large counterweight,” explained Stefan Al, author of “Supertall: How the World’s Tallest Buildings Are Reshaping Our Cities and Our Lives,” in a phone interview. “In the case of Taipei 101, it’s 660 tons. Lee & Partners, Taipei 101 was the world’s tallest building from 2004 until 2007, when it was surpassed by the Burj Khalifa in Dubai.

Persons: Richard Chung TW, “ It’s, ”, Stefan Al, “, it’s, ” Al, Al, Lee Organizations: CNN, National Fire Agency, Lee & Partners Locations: Taiwan, Hualien County, Taipei, New York, Burj Khalifa, Dubai, ”, Indonesia, Chile

☆ U.S. loses its spot to China as Southeast Asia's most favored ally, survey finds
▼ + stars: | 2024-04-03 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

This is the first time Beijing has edged past Washington since 2020 when the annual survey first posed the question. China's aggressive behavior in the South China Sea is the Philippines' (90.2%) and Vietnam's (72.5%) top concern, the region's two frontline South China Sea claimant states. The Philippines President Ferdinand Marcos Jr. told Bloomberg last month that his government's claims on certain parts of the South China sea should not be viewed as provoking China. Vietnam has also asserted sovereignty over islands in the South China Sea though Beijing has brushed aside those claims. ASEAN should build up its resilience and unity to fend off pressures from the two major powers, the U.S. and China, nearly half of the survey respondents said.

Persons: ISEAS – Yusof, Ferdinand Marcos Jr, Kenddrick Chan Organizations: ASEAN Studies, Jan, Association of Southeast Asian Nations, ASEAN, China, Bloomberg, Philippines, U.S, LSE, London School of Economics, Political Science Locations: China, U.S, Washington, Beijing, Singapore, ISEAS, Indonesia . China, Japan, South China, Philippines, Vietnam, Southeast Asia

☆ 'A fantastic market': Strategist names one under-the-radar stock to play in Japan right now
▼ + stars: | 2024-04-03 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +1 min

Several investors have been looking favorably at Japanese stocks in the past few months, and market strategist Matt Orton is no exception. "Japan overall, has been a fantastic market ... Japan was the top performer within the Asian equity market complex," the chief market strategist at asset management firm Raymond James Investment Management told CNBC's " Squawk Box Asia " on April 1. One stock that stands out to Orton is Sumitomo Mitsui Financial Group . Of the 14 analysts covering the stock, 10 give it a buy or overweight rating, while four have a hold rating, according to FactSet data. Analysts' average price target for the stock is 9,537.50 Japanese yen ($62.89), giving it around 11% potential upside.

Persons: Matt Orton, Raymond James, CNBC's, levered, they've, Orton Organizations: Raymond James Investment Management, Japan's Nikkei, Tokyo Exchange, Orton, Sumitomo Mitsui Financial Group, Sumitomo Locations: Japan, Tokyo, Indonesia, India, Vietnam, Philippines

☆ Opinion | José Andrés: Let People Eat
▼ + stars: | 2024-04-03 | by ( José Andrés | ) www.nytimes.com time to read: 1 min

In the worst conditions you can imagine — after hurricanes, earthquakes, bombs and gunfire — the best of humanity shows up. The seven people killed on a World Central Kitchen mission in Gaza on Monday were the best of humanity. They are not generic aid workers or collateral damage in war. Saifeddin Issam Ayad Abutaha, John Chapman, Jacob Flickinger, Zomi Frankcom, James Henderson, James Kirby and Damian Sobol risked everything for the most fundamentally human activity: to share our food with others. These are people I served alongside in Ukraine, Turkey, Morocco, the Bahamas, Indonesia, Mexico, Gaza and Israel.

Persons: Saifeddin, Abutaha, John Chapman, Jacob Flickinger, Zomi Frankcom, James Henderson, James Kirby, Damian Sobol Locations: Gaza, Ukraine, Turkey, Morocco, Bahamas, Indonesia, Mexico, Israel

☆ These bird nests sell for such a high price in China that huge bird hotels have sprung up to harvest the 'caviar of the East'
▼ + stars: | 2024-04-03 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Bird hotels in Indonesia try to attract swiftlets, whose edible nests are a delicacy in China. The swiftlet nests, made of dried saliva, are used to make bird's nest soup. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The nests, made of dried swiftlet saliva, sell for high prices and are used to make bird's nest soup, which involves dissolving the nest in water.

Persons: — Organizations: Service, Business Locations: Indonesia, China

☆ A Lifetime Under the Moon’s Shadow
▼ + stars: | 2024-04-02 | by ( Dennis Overbye | ) www.nytimes.com time to read: +1 min

A total solar eclipse, when the cosmos clicks into place with the worlds aligned like cue balls, may be one of the most profoundly visceral experiences you can have without ingesting anything illegal. Eight times, I’ve been through this cycle of light, darkness, death and rebirth, feeling the light melt and seeing the sun’s corona spread its pale feathery wings across the sky. As you read this article, I will be getting ready to go to Dallas, along with family and old friends, to see my ninth eclipse. One old friend won’t be there: Jay M. Pasachoff, who was a longtime astronomy professor at Williams College. I’ve stood in the shadow of the moon with him three times: on the island of Java in Indonesia, in Oregon and on a tiny island off Turkey.

Persons: I’ve, won’t, Jay M, Pasachoff, Jay Organizations: Williams College Locations: Dallas, Java, Indonesia, Oregon, Turkey

☆ Taiwan earthquake: Tsunami warnings issued after 7.4 magnitude quake strikes of east coast
▼ + stars: | 2024-04-02 | by ( Wayne Chang | Helen Regan | ) edition.cnn.com time to read: +1 min

CNN —A major earthquake with a magnitude of 7.4 struck off Taiwan’s eastern coast Wednesday, according to the US Geological Survey, prompting tsunami warnings for the island and southern Japan. Taiwan’s Central Weather Administration issued a tsunami warning following the quake. The Japan Meteorological Agency also issued a tsunami warning for Miyakojima and Okinawa islands, warning of waves up to 3 meters expected imminently. Several aftershocks were felt in Taiwan, including one that registered a magnitude of 6.5, according to the USGS. A magnitude 6.2 quake hit near Hualien in 2018, killing at least 17 people and injuring more than 300 others.

Organizations: CNN, Geological Survey, Weather Administration, CWA, Japan Meteorological Agency Locations: Japan, Hualien, Taiwan’s, Okinawa, Taiwan, Indonesia, Chile, Hualien County, Taroko

☆ I lived in Bali for 2 months. These 7 popular tourist spots were not worth the hype.
▼ + stars: | 2024-04-02 | by ( Jonathan Levin | ) www.businessinsider.com time to read: +7 min

I spent two months living in one of my bucket-list destinations — the tropical island of Bali. The beaches were mostly a letdownThe beaches in Bali aren't necessarily bad, and some are really nice. But walking anywhere in Ubud felt far more chaotic than the romantic drama "Eat, Pray, Love" depicts. Jonathan LevinIndonesia's Gili Islands are not technically part of Bali, but ferry trips to it are popular among Bali visitors, so it feels worth mentioning. AdvertisementOn one side of the island, there's a very narrow strip of sand that seemed to be mostly privatized.

Persons: —, Hugo Amaral, Jonathan Levin, Ubud, I'm, Canggu, pesky, Jonathan Levin Indonesia's Organizations: Service, Business, Gili Locations: Southeast Asia, Bali . Bali, Bali, it's, Nusa Penida, Ubud, Central

☆ I wanted to make quick money and travel the world — so I moved to Australia and became a FIFO worker
▼ + stars: | 2024-03-30 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

AdvertisementThis as-told-to essay is based on a conversation with Cal Mcilwaine , a 29-year-old FIFO worker in Australia. So in June 2023, I left Ireland and moved to Perth, Australia to become a FIFO worker, which stands for "fly in, fly out." Landing a FIFO job in a new country wasn't easyFIFO is an industry that largely exists only in mining fields in Australia, Canada, and Alaska. Within a month of arriving in Australia, I secured a FIFO job. Once I'm done, I plan to get right back into FIFO work for my second year and do it all over again.

Persons: Cal Mcilwaine, —, I, I've, Cal McIiwaine, I'm Organizations: Cal, Service, Alaska . Mining, Cal McIiwaine Locations: Pilbara, Australia, Ireland, Perth, Canada, Alaska, Port Hedland, China, Cal McIiwaine Australia, Bali, Esperance, Vietnam, Thailand, New Zealand, Indonesia, Philippines

☆ Meme stocks are back as Trump Media and Reddit surge upon their debuts
▼ + stars: | 2024-03-28 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

What do Reddit , Trump Media & Technology Group and GameStop all have in common? Trump Media made its market debut on Tuesday under the ticker DJT, following its merger with shell company Digital World Acquisition Corp. Reddit, which is not in the S & P 500, also has a market cap of about $9 billion Market capitalization Trump Media & Technology $9.4 b. Reddit $9.2 b. Caesars Entertainment $9.4 b. American Airlines $10 b. Mosaic $10.3 b. This is rather remarkable, considering Trump Media had revenues of roughly $3.3 million. What meme stocks have in common What Trump Media, GameStop and Reddit have in common is a high retail base.

Persons: Reddit, Michael Pachter, Pachter, Arch Crawford Organizations: Trump Media & Technology Group, GameStop, Trump Media, Corp, Caesars Entertainment, American Airlines and, Technology, American Airlines, The New York Times, Trump Media & Technology, JPMorgan, East India Company, Microsoft Locations: Moluccas, Indonesia

☆ Malaysia Open to Extending China-Led Rail Project to Thai Border
▼ + stars: | 2024-03-28 | by ( March | At A.M. | ) www.usnews.com time to read: +2 min

KUALA LUMPUR (Reuters) - Malaysia's government has said it would consider extending a $10 billion China-led rail project to its border with Thailand to boost economic ties between the Southeast Asian neighbours. Part of China's Belt and Road Initiative, the 665-kilometre (413-mile), 50.27 billion ringgit ($10.63 billion) railway is on track to connect the east and west coasts of peninsular Malaysia by the end of 2026. Malaysia's Transport Minister Anthony Loke said on Wednesday the government was open to proposals to extend the track to the border with Thailand, for further integration into existing railway networks or future infrastructure developments. Thailand also has plans to invest in a massive land bridge project in the country's south to boost growth and global trade. The bridge would bypass the congested Strait of Malacca, a narrow sea lane between Malaysia and Indonesia.

Persons: Anthony Loke, Loke, Danial Azhar, Panu, Kanupriya Kapoor Organizations: Reuters, Initiative, Malaysia's, Malaysia's Senate, Malaysian, China Communications Construction Co Locations: KUALA LUMPUR, China, Thailand, Malaysia, Malacca, Indonesia, Bangkok

☆ A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential
▼ + stars: | 2024-03-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Geologic hydrogen, sometimes referred to as white, gold or natural hydrogen, refers to hydrogen gas that is found in its natural form beneath Earth's surface. Last year, researchers found what may be the world's largest geologic hydrogen deposit to date in France's eastern Lorraine region. The unexpected discovery further boosted interest in its clean energy potential. Some have expressed skepticism about the clean energy potential of natural hydrogen. Grey hydrogen — produced using natural gas and the most common form of hydrogen production — leads to large greenhouse gas emissions.

Persons: Alex Halada, Le, Canada's Hydroma, Ousmane Makaveli, Geoffrey Ellis, Ellis, we've, Minh, Energy's Le, Ana Maria Jaller, Makarewicz, Sebastien Salom Organizations: Geological Agency of, Ministry of Energy, Mineral Resources, Nurphoto, Afp, Getty, Research, Rystad Energy, CNBC, Energy Resources Program, . Geological Survey, U.S . Department of Energy, Institute for Energy Economics, videoconference, Carbon Trust Locations: Pute Jaya, Morowali Regency, Central Sulawesi Province, Indonesia, U.S, Canada, Australia, France, Spain, Colombia, South Korea, Gampern, Upper Austria, Mali's, Bamako, Malian, Bourakébougou, France's, Lorraine, Niger, Mali, gomis

BANGKOK (AP) — Vietnamese automaker VinFast announced Tuesday that it plans to sell its electric vehicles in Thailand and said it had tied up with auto dealers to open showrooms in the country. VinFast, which only began exporting its EVs last year, faces stiff competition in Thailand from Chinese automakers like BYD. The Thai EV market is small but growing fast, buoyed by incentives and subsidies from the government. VinFast hopes to start selling both its electric scooters and electric SUVs in the country in the next two months, Vu Dang Yen Hang, chief executive officer of VinFast Thailand, told The Associated Press. But the EV market remains small, accounting for only 0.5% of EV sales worldwide in 2022.

Persons: VinFast, Tesla, Vu Dang, Hang, Pham Nhat Vuong, EVs, Vuong Organizations: Thai EV, Associated Press, Research, EV, Green SM, Nasdaq, General Motors Corp, Ford Motor Co, AP Locations: BANGKOK, Thailand, Bangkok, Thai, EVs, Southeast Asia, Vietnam, Indonesia, Ukraine, United States, North Carolina, India, Laos, U.S

☆ Why Palm Oil Is Still a Big Problem
▼ + stars: | 2024-03-26 | by ( Manuela Andreoni | ) www.nytimes.com time to read: +1 min

Palm oil — the ubiquitous ingredient for all things spreadable, from toothpaste to ice cream — is now the commodity consumed by Americans that contributes most to the loss of tropical forests. Researchers looked at import data and deforestation rates and found that palm oil bought by Americans may have caused 103,000 acres of deforestation, mostly in Indonesia. I want to focus on palm oil today because we’ve known about this problem for a long time. Palm oil is environmentally destructive, grown on vast plantations after rainforests have been flattened and burned. And after years of hard-won progress, the deforestation associated with palm oil production in Indonesia is ticking up again.

Organizations: Global Witness Locations: Brazil, Australia, Indonesia, That’s, New York City

☆ China is trying to connect Southeast Asia by high-speed rail. Here’s how that’s going
▼ + stars: | 2024-03-25 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

CNN —Imagine jumping on a train in southwestern China, traveling some 2,000 miles and arriving in Singapore – less than 30 hours later. Southeast Asia is the “obvious” choice because of its “proximity to China,” Bowerman adds. “Beijing, I think, ultimately wants to see Southeast Asian countries within its sphere of geopolitical influence. A staff member waits for passengers to board the Jakarta-Bandung high-speed train during a week-long public trial phase at the Halim station in Jakarta on September 17, 2023. “In the example of a high-speed railway line between Malaysia and Singapore, Singapore would likely have just one stop – Malaysia would have more,” Wong told CNN.

Persons: China’s, Gary Bowerman, ” Bowerman, ”, Pon Souvannaseng, Peerapon Boonyakiat, Bowerman, Pan Wenbo, Pan, Mei Wei, Wei, “ I’m, Xi Jinping’s, Souvannaseng, Hong Kong –, Hong Kong’s, Yasuyoshi Chiba, Wong Muh Rong, ” Wong Organizations: CNN, Initiative, China Railway, Reuters, East Japan Railway Co, Malaysian, Bentley University, of, Communist Party, Laos Railway, Laos Railway cumulatively, Orient Express, Getty Locations: China, Singapore, Asia, Laos, Kunming, Vientiane –, Indonesia, Jakarta, Bandung, West Java, Thailand, Bangkok, Thai, Malaysia, Kuala Lumpur, Southeast Asia, “ China, Peerapon, Cities, Penang, Malacca, Phuket Old Town, Beijing, Vietnam, Philippines, Cambodia, Wat, Siem Reap, ”, Kowloon, Hong Kong, Shanghai, Halim, AFP, “

The American plane maker has been under intense pressure since early January, when a panel blew off a brand-new Alaska Airlines 737 Max midflight. Photos You Should See View All 60 ImagesTHE CRASHESThe bulk of criticism and investigations swirling around Boeing today center on the company's Max jets. Boeing agreed to pay $2.5 billion to settle a Justice Department investigation, admitting that employees misled regulators about the safety of the 737 Max. Last year, Boeing reported a problem with fittings on Max jets where the fuselage meets the vertical section of the tail. Also under investigation is what prompted the emergency landing in Wichita, Kansas, of a Denver-bound United Airlines flight in December.

Persons: Max midflight, That's, Max, shakeups, David Calhoun, Calhoun, —, “ Organizations: Boeing, Alaska Airlines, Delta Air Lines, United Airlines, Airbus, Indonesia’s, Ethiopian Airlines, Department, MORE, FBI, FAA, Spirit, United Airlines Boeing, Max, Passengers, National Transportation Safety, American Airlines, Southwest Airlines, NTSB Locations: Arlington , Virginia, Addis Ababa, Oregon, Wichita , Kansas, Newark , New Jersey, Denver, San Francisco, Los Angeles, —

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