|Foxconn to Build 10-12 Plants in India|
The world's largest contract electronics manufacturer, Foxconn Technology, is looking to develop 10-12 facilities in India by 2020. The company says it will invest a few billion dollars to build factories and data centers in the country.
|Chinese Exchanges Seal JV with Deutsche Boerse|
Shanghai Stock Exchange and China Financial Futures Exchange have agreed to set up a joint venture with Deutsche Boerse. The new company will be called "China Europe International Exchange" and will be incorporated in Germany.
|HSBC Cuts 2015 China Growth Forecast|
HSBC has cut its forecast for China's GDP growth this year to 7.1 percent, down from 7.3 percent. It has also raised the expected interest rate from 25 basis points (bps) to 50 bps.
|'Most Expensive' Wechat Plagiarism Case Under Investigation|
A recent case concerning Wechat plagiarism is currently being investigated in the city of Shenzhen in South China's Guangdong Province.
|Malaysia Exhumes 139 Mass Graves with Bodies of Migrants|
Malaysian authorities have begun exhuming bodies from graves close to the Thai border. There are 139 sites believed to contain the remains of migrants, including ones being moved by human traffickers.
|19th China International Software Expo Opens|
The 19th China International Software Expo has opened in Beijing, aiming to highlight the role of the software industry in the country's effort to boost the development of intelligent manufacturing and internet security technologies.
|Heat Wave Claims over 1,100 across India|
The heat wave in India has killed more than 1,100 people. The weather office predicts the temperature will continue to soar this week with substantial relief expected only when the first monsoon of the season hits the Indian mainland, expected around May 31.
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