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Taiwan marks crackdown anniversary amid China tensions

  TAIPEI / AP Taiwanese President Tsai Ing-wen said on Tuesday the island’s democracy is mature enough to handle a thorough investigation into a bloody crackdown on anti-government protesters 70 years ago, an event seen as a rallying point by those who reject China’s claim to the self-governing island. Tsai, speaking at a gathering in Taipei, pledged to take a “rigorous ...

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No end in sight to India’s slow-motion bank crisis

  India’s slow-moving banking crisis continues to drag on, as ponderous and unstoppable as the state-controlled banking sector itself. A recent study found that the gross “non-performing assets” of state banks rose 56% in 2016, and 135% in the last two years. They now account for 11% of all state bank loans. These are hardly reassuring numbers. Yet the government—which, ...

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For Thailand, the future draws nearer

  An aging, fading, military-controlled Thai economy is on the cusp of its long-delayed infrastructure revolution, but you wouldn’t know it from the share prices of the big four in the nation’s construction industry. Ch. Karnchang Pcl, the largest by market value, fell to a four-month low last Friday after tepid results at its power and transportation units. While rising ...

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