Crises in Middle East could change Asia’s energy security dynamic

India and China are not only trying to reduce their dependence on oil from the Middle East, but also considering renewable energy alternatives; meanwhile, China-Russia-Iran-Pakistan could become a new energy supply axis in the near future By Alam Srinivas   Crises brewing in the Middle East could have major ramifications for energy security in Asia, … Continue reading Crises in Middle East could change Asia’s energy security dynamic

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India Considers Its Own ‘Silk Road’, Invites Iran to Join In

India has pitched the idea of a transport corridor to Iran, Russia, the Caucasus region and Central Asia as an alternative to China’s “One Belt, One Road” project The proposed corridor, dubbed North-South, would stretch to Russia via Iran and connect the Persian Gulf and the Indian Ocean with the Caspian Sea, thus making the Islamic Republic a … Continue reading India Considers Its Own ‘Silk Road’, Invites Iran to Join In

India and Japan Form Their Own Economic Corridor

Indian Prime Minister Narendra Modi made a proposal for the Asia Africa Growth Corridor (AAGC) at the annual meeting of the African Development Bank in May, a proposal that won strong support from Japan We believe that the two countries are trying to counterbalance the Belt and Road (B&R) initiative with the AAGC plan, which China should … Continue reading India and Japan Form Their Own Economic Corridor

With an eye on China, Australia-India warily embrace

New Delhi's decision to exclude Canberra from upcoming trilateral Malabar naval exercises with Japan and the US underscores the Indian Ocean's delicate strategic balance By Helen Clark When India recently decided against allowing Australia to join the upcoming Malabar joint naval exercises it holds annually with the United States and Japan, the move immediately sparked … Continue reading With an eye on China, Australia-India warily embrace

Wave of foreign fund flows lifts all boats in Asian equities

The MSCI Emerging Markets Asia Index surged 14.3% this year through March 29, outpacing a 6% gain in MSCI World By Nick Westra Asian equity markets have been world-beaters so far this year as global investors unwind record positions in the US dollar and pump the proceeds into cheaper, higher-yielding assets throughout the region. The … Continue reading Wave of foreign fund flows lifts all boats in Asian equities