For two decades, data centers were relatively safe, lucrative real estate investments. They attracted investors because they served as digital infrastructure — the essential plumbing that keeps the internet running. The growth of artificial intelligence (AI) and its increased demands on computing power has meant data centre builders are in a race to build out […]

The post Australia’s NextDC stock collapse fires a global AI warning appeared first on Asia Times.

China’s development of specialized naval auxiliaries designed to transport, launch and recover submarine-sized uncrewed vessels signals an assertive push to project autonomous undersea power beyond the First Island Chain and systematically challenge US submarine dominance in the Western Pacific. This month, multiple media outlets reported visual evidence showing that China has constructed a second dedicated […]

The post China’s new drone mothership targets US undersea edge appeared first on Asia Times.

When MSCI floated the idea of downgrading Indonesia to a Standalone Market, anxiety quickly swept through Jakarta’s financial community. Predictably, alarming headlines immediately pointed to foreign capital flight, stock prices dropped and local regulators quickly moved to calm jittery investors. Yet, treating this stock market tremor as a proxy for Indonesia’s overall economic health represents […]

The post Don’t mistake Indonesia’s MSCI scare for economic weakness appeared first on Asia Times.

In late August, President Donald Trump announced what he called the “biggest oil deal in world history.” Since then, the full text of the accord — which grants the U.S. sweeping access to Venezuela’s oil reserves — has been one of the most sought-after secrets in Washington, DC.  ProPublica has reviewed a copy of the […]

The post The secret terms of Trump’s Venezuelan oil deal appeared first on Asia Times.

In July 1971, Henry Kissinger developed a convenient stomachache in Pakistan, vanished from public view and turned up in Beijing. The secret trip that led to Nixon’s opening to China rested on a simple piece of geometry: in a world of three great powers, the smart move is to stand closer to each of your […]

The post A Trump-Putin-Xi summit would put Xi at the apex appeared first on Asia Times.