Organisation for Economic Cooperation and Development’s (OECD) stern caution on Wednesday is another fresh warning that the global economy could slip into recession if the top and emerging economies do not step up spending on development. The wariness follows weak recovery since the global economic crisis in 2008 and signs of global economic growth slowdown sparked by poor performance …

  Dingding Chen SPECIAL TO EMIRATES BUSINESS U.S. Defense Secretary Ashton Carter recently made some controversial comments about China’s actions in the Asia-Pacific, especially the South China Sea, saying that China is “erecting a great wall of self-isolation” there. Not surprisingly, Chinese foreign ministry spokeswoman Hua Chunying refuted Carter’s comments by referring to them as reflective of a ‘Cold War’ …

While some parts of Asia are setting the pace for the global Internet, other areas are being left far behind. For example, while Indonesia may have over 90 million people on the Internet, this number is far short of the true potential in a country with a population of over 250 million. The “digital divide” is real and it encompasses …