Southeast Asia’s growth next year will be decided at meetings its finance ministers won’t attend. A few executives in California will soon settle next year’s spending on data centers. Their decisions will do more to shape growth in Vietnam, Malaysia, Thailand and the Philippines than any budget those governments pass. The World Bank has just […]

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Diesel in the US has climbed to more than US$6.50 a gallon, up about 75% from a year ago, and Asia is likely to pay for it in the form of higher interest rates. Expensive diesel keeps American inflation elevated, which gives the Federal Reserve reason to keep raising interest rates. Higher US rates lift […]

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