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Thai court suspends PM Prayuth, stoking intrigue as vote nears

  Bloomberg Eight years ago, then-army chief Prayuth Chan-Ocha staged a coup in Thailand and ripped up the constitution. On Tuesday, he was suspended as prime minister until a court determines whether he violated the new charter produced by his allies. The surprise action by Thailand’s Constitutional Court puts Prayuth on the sidelines at least temporarily until it rules on ...

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India’s Modi nuclear push gains traction with new plants on way

  Bloomberg India’s largest power producer is looking to develop another massive nuclear project just weeks after announcing its entry into the sector, a sign that Prime Minister Narendra Modi’s expansion into atomic energy is gaining momentum. A venture between NTPC Ltd., which relies mostly on coal to supply energy to the world’s fastest growing population, and India’s monopoly nuclear ...

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China plans $29bn in special loans to troubled developers

  Bloomberg China will offer 200 billion yuan ($29.3 billion) in special loans to ensure stalled housing projects are delivered to buyers, people familiar with the matter said, ramping up financing support for its beleaguered property sector. The previously unreported size of the lending program, which was announced with scant details by China’s housing ministry, finance ministry and the central ...

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