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Asian Development Bank Launches $70 Billion Plan to Upgrade Regional Power and Internet Grids

Key Points: The Asian Development Bank announced a massive $70 billion infrastructure package to modernize the Asia-Pacific region by 2035. The plan dedicates $50 billion to build the Pan-Asia Power Grid Initiative, connecting borders with 22,000 circuit-kilometers of transmission lines. Another $20 billion will fund the Asia-Pacific Digital Highway, providing fast broadband access to hundreds...

Asian Tech Stocks Explode as Nvidia Expands Its Artificial Intelligence Empire

Key Points: Asian manufacturers now cover 90% of Nvidia's total production costs. LG Electronics and Nanya Technology experienced massive stock gains after revealing new partnerships. Nvidia shifts its strategy toward physical artificial intelligence, including smart robots and autonomous cars. Top American technology companies will spend hundreds of billions of dollars this year to build new...