Australia’s trade tensions with China “are its own fault”. And the soured relationship serves “as a lesson not only for Australia but also for other Western countries in how to handle their relations with China”. That was the message being broadcast by Communist Party-controlled media outlets the South China MorningContinue Reading
China’s biggest property developer is on the brink of ruin after revealing a record first-half loss of $A11 billion. Country Garden was previously named by Forbes as one of the 500 largest companies in the world and until recently, boss Yang Huiyan was one of the richest women in Asia.Continue Reading
China is rolling out panicked measures in a desperate bid to boost confidence as the world’s second-largest economy grapples with a drastic downturn that’s sparking fears across the globe. In one of the biggest moves, Beijing slashed a tax on trading for the first time in 15 years on Monday.Continue Reading
University students in Australia are sharing beds with strangers because they cannot afford to rent a room of their own due to sky-high rental prices. What they are doing is called ‘hot-bedding’, where people split the rent of a bedroom with strangers to use a bed that is only availableContinue Reading
Multi-billion dollar mining conglomerate Adani Group has released a desperate 413-page document as it scrambles to salvage its sinking share price. Last week, US activist short-seller investment group Hindenburg Research released a bombshell report that accused the Adani corporation of carrying out fraud for years on end. The public’s reactionContinue Reading
King Charles and Prince William have not spoken to Prince Harry since he publicised his book Spare in damaging TV interviews. The Duke of Sussex and his wife Meghan Markle are now waiting to find out if they are invited to the Coronation in May, The Sun has revealed. TalksContinue Reading
The fallout from the collapse of FTX continues to cascade through the cryptocurrency market, with fears one of the industry’s biggest names is in financial strife. Speculation is swirling around the health of Digital Currency Group, a sprawling $US10 billion ($A15 billion) crypto empire which includes brokerage Genesis, asset managerContinue Reading