Shares fell more than 3 percent in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai closed. Other regional benchmarks also fell after Wall Street wrapped up last week with another decline. Investors are watching to see whether the Federal Reserve will take any action to address…
Hong Kong Shares Lead Asia Lower; Tokyo and Shanghai Closed
September 20, 2021
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AmericasAsia & PacificBusiness & EconomyCompaniesEconomiesEuropeHong KongInternationallowermarketMarketsShanghaiSharesTokyoWorld
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65,000 Sign Petition Calling on Australian Drug Regulator to Release Vaccine Documentation
Over 65,000 Australians have signed a petition to the federal Parliament calling for the nation’s drug body, the Therapeutic Goods Administration (TGA), to release documentation supporting its decision to approve the use of COVID-19 vaccines. The petition, “Immediately release all TGA submission documents for publicly funded vaccines,” which is due to close on Sept. 22,…
‘World’s Lightest’ Baby, Born the Weight of an Apple, Goes Home After 13 Months in Hospital
A baby girl born in Singapore weighing the same as an apple is believed to be the world’s lightest baby to survive a premature birth and be discharged healthy. She finally headed home with her grateful parents after 13 months of fighting for her life in the hospital. Kwek Yu Xuan was born at 24…
US Treasury’s Yellen: Debt Default Would ‘Permanently’ Weaken America
September 20, 2021
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AMERICABusiness & EconomydebtdefaultEconomieseconomyExecutive BranchJanet YellenPoliticsUSUS Newsweaken
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WASHINGTON—U.S. Treasury Secretary Janet Yellen issued a fresh plea for Congress to raise the federal debt ceiling on Sunday, arguing a default on U.S. debt would trigger a historic financial crisis. In a Wall Street Journal opinion piece, Yellen said that the crisis triggered by a default would compound the damage from the continuing coronavirus…
AUKUS Benefits Both the US and Australia
September 20, 2021
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ArchivedAsia & PacificAUKUS pactAustraliaChinachina-australiaChina-Australia Relationschina-united statesChinese RegimeNational SecurityNewsnuclear subsUSUS NewsWorld
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Analysis The transfer of Washington’s most sensitive undersea technologies constitutes the most significant upgrade in defence cooperation between the two countries since the first Australian-United States Joint Facilities commenced operation in Pine Gap more than 50 years ago. For Australia the benefits are apparent. It will join six other countries, globally, that operate nuclear-powered submarines,…
AUKUS Benefits Both the U.S. and Australia
September 20, 2021
admin
ArchivedAsia & PacificAUKUS pactAustraliaChinachina-australiaChina-Australia Relationschina-united statesChinese RegimeNational SecurityNewsnuclear subsUSUS NewsWorld
0 Comment
Analysis The transfer of Washington’s most sensitive undersea technologies constitutes the most significant upgrade in defence cooperation between the two countries since the first Australian-United States Joint Facilities commenced operation in Pine Gap more than 50 years ago. For Australia the benefits are apparent. It will join six other countries, globally, that operate nuclear-powered submarines,…
Protest Erupt In Australia Again as Construction Workers Call Union to ‘Stand Down’ over Vaccine Mandate
Hundreds of construction workers have called on John Setka, state secretary of the Victorian Construction, Forestry, Maritime, Mining and Energy Union (CFMMEU), to stand down as mandatory vaccination rules take effect across all construction sites from Sept. 23. The move follows a protest held last week where groups of construction workers took their morning tea…
China Evergrande Shares Plummet to 11-Year Low on Default Risks
HONG KONG—Shares of Evergrande on Monday plunged as much as 19 percent to their lowest in over 11 years, extending losses as investors take a dim view of its business prospects with a fast-approaching deadline for payment obligations this week. By noon, the stock had touched HK$2.06, the weakest level since May 2010. The company’s property…
Budget Provision by Democrats to Grant Amnesty to 8 Million Illegal Immigrants Blocked
Senate parliamentarian Elizabeth MacDonough on Sunday ruled that Democrats can’t include in their $3.5 trillion spending bill a provision aimed to give millions of illegal immigrants a pathway to citizenship. MacDonough in her guidance said that the Democrats’ provision is “by any standard a broad, new immigration policy,” and that it does not meet the stringent…
Taiwan Threatens to Take China to WTO in New Spat Over Fruit
TAIPEI/BEIJING—Taiwan threatened to take China to the World Trade Organization on Sunday after Beijing said it would suspend sugar apple and wax apple imports from the island on pest concerns, in the latest spat between the two over fruit. Relations between Taipei and Beijing, which claims democratically ruled Taiwan as its own territory, are at…
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