Australia Opens New PNG Naval Base Amid $300 Million Cost Blowout
Australian taxpayers have footed a $500 million redevelopment bill for Papua New Guinea’s (PNG) Lombrum Naval Base—over double the $175 million price tag initially...
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Global investors pivot to China’s US$25 trillion bond market amid de-dollarisation
Published: 5:45pm, 12 Aug 2025Updated: 5:52pm, 12 Aug 2025 Global investors’ search for alternatives to US-dollar assets is driving more capital into China’s domestic...
Chinese State Media Urges Companies to Avoid Buying Nvidia H20 Chips
A Chinese state-affiliated social media account on Aug. 10 urged companies to avoid buying Nvidia’s H20 graphics processing units, or GPUs, over an alleged...
Australia's Fortescue agrees Rmb14bn syndicated loan
August 12, 2025 Australian iron ore giant Fortescue has agreed a syndicated term loan facility of Rmb14.2 billion ($2 billion) with participation from Chinese,...
‘Stay in your lane’: US tariffs stir debate on India’s economic destiny
For decades, India’s economic rise has been intertwined with the fortunes of its trading partners, none more so than the United States. Now, as...
Frenzied McDonald’s Pokemon promotion in Japan ends in chaos
A promotional tie-up between McDonald’s and Pokemon in Japan had to be halted just hours after its launch after numerous reports of fights breaking...
Huawei’s new algorithm could cut China’s reliance on foreign memory chips
Huawei Technologies has unveiled a software tool designed to accelerate inference in large artificial intelligence models, an advancement that could help China reduce its...
‘Window dressing’? Australia, New Zealand revisit recognising Palestine
Published: 4:32pm, 12 Aug 2025Updated: 4:35pm, 12 Aug 2025 The move by Australia and New Zealand to consider Palestine as a state is a...
Hong Kong residents in need avoid heat shelters, poll finds
Published: 4:31pm, 12 Aug 2025Updated: 4:32pm, 12 Aug 2025 About 65 per cent of Hong Kong residents in need have never used the government’s...