34 y. ago The Sydney Morning Herald from Sydney, New South Wales, Australia • Page 12

The Sydney Morning Herald from Sydney, New South Wales, Australia • Page 12  Newspapers.com

Politics

3 h. ago Why China may be better placed than US in tussle for rare earths

During his Southeast Asia trip in October, US President Donald Trump sealed deals with Malaysia and Thailand on the same day – both aimed at securing and diversifying America’s supply chains for critical minerals and rare earths. Trump and Malaysian Prime Minister Anwar Ibrahim agreed to step up cooperation on building and expanding critical minerals supply chains, according to a White House statement. They also agreed to strengthen the security of critical minerals and rare earths supplies in...

Politics

3 h. ago US judge orders release of grand jury transcripts in Epstein case

A US federal judge on Friday ordered the release of the grand jury transcripts from the investigation in Florida of convicted sex offender Jeffrey Epstein. The Justice Department requested the unsealing of the transcripts after US President Donald Trump signed a bill last month requiring the public release of all government records regarding Epstein. Grand jury proceedings are generally kept secret and a previous Justice Department request to unseal the transcripts from Epstein’s Florida case...

Events

8 h. ago US Treasury Secretary Bessent holds constructive call with China

US Treasury Secretary Bessent holds constructive call with China  Investing.com

Society

9 h. ago Kering Joins Investors Betting on China’s Gold Jewellery Boom

Kering Joins Investors Betting on China’s Gold Jewellery Boom  The Business of Fashion

Economics

10 h. ago Legco election hopefuls scale back campaigning in Hong Kong fire aftermath

Candidates started campaigning again this week for Hong Kong’s coming Legislative Council election, but opted for a more subdued approach, including fewer street booths and volunteers, in the aftermath of last week’s deadly fire in Tai Po. Some Legco hopefuls also unveiled new policy platforms in the run-up to Sunday’s poll, such as calling for a thorough investigation into the fire and enhanced building safety oversight. As of Friday, two major political parties also said they were facing...

Politics

10 h. ago French President urges more Chinese investment and balanced trade

French President urges more Chinese investment and balanced trade  Investment Monitor

Politics

11 h. ago ‘If Jesus were born in America now’: church’s nativity challenges ICE policy

Mother Mary wearing a respirator mask to protect herself from tear gas. Baby Jesus with zip-tied hands, wrapped in a thin blanket that looks like aluminium foil. Masked centurions with sunglasses and green vests labelled “ICE”. This is how the Lake Street Church of Evanston in suburban Chicago chose to assemble its nativity scene for the Christmas season. The church and its leaders have been vocal critics of the Trump administration’s Operation Midway Blitz and expressed a message with their...

Events

12 h. ago Huawei’s founder makes subtle dig at lofty pursuits in AI by the US

The United States and China are pursuing artificial intelligence in “different directions”, and the divergence is being reflected in the strategies that the governments and companies are adopting, according to the founder of one of the world’s largest technology investors. The US is focusing on supercomputing power and large models in the lofty pursuit of artificial general intelligence (AGI) and artificial superintelligence (ASI), while China was adopting a more practical approach, using AI to...

Politics

12 h. ago Some Hong Kong fire survivors reluctant to relive horror for judge

Some survivors of Hong Kong’s deadliest fire in decades have voiced concerns over reliving the tragedy and sharing personal information if they take part in an investigation ordered by the city’s leader, with psychologists calling for a balance between justice and compassion. A number of residents from Tai Po’s Wang Fuk Court, which was engulfed in flames last week, told the Post they wanted a fair, just and open investigation that took the feelings and privacy of the survivors into...

Events

13 h. ago Australia on high alert as PLA naval fleet in Philippine Sea sails south

China’s deployment of a naval fleet, led by a Type 075 amphibious assault ship in the Philippine Sea this week, has triggered a rapid response from Australia. Canberra deployed a P-8 maritime patrol aircraft to track the flotilla, reviving security concerns raised after an unprecedented circumnavigation of the Australian continent by a People’s Liberation Army (PLA) fleet nine months ago. US satellite images, first reported by Australian media on Wednesday, confirmed the presence of the Chinese...

Events

13 h. ago Australia on high alert as PLA Navy fleet in Philippine Sea sails south

China’s deployment this week of a naval fleet led by a Type 075 amphibious assault ship in the Philippine Sea has triggered a rapid response from Australia. Canberra deployed a P-8 maritime patrol aircraft to track the flotilla, reviving security concerns raised after an unprecedented circumnavigation of the Australian continent by a People’s Liberation Army (PLA) fleet nine months ago. US satellite images, first reported by Australian media on Wednesday, confirmed the presence of the Chinese...

Events

15 h. ago China’s Xiaomi says returns from AI investments ‘far exceed expectations’

Chinese tech firm Xiaomi reaped returns from its artificial intelligence spending in 2025 that “far exceeded expectations”, the company’s president Lu Weibing said in a recorded video posted on Chinese social media platform Douyin. Lu said the Beijing-based company was pivoting to embodied AI after heavy investment in general AI over the past few quarters. The Beijing-based company’s efforts to apply AI in electric vehicles (EVs) and robotics are similar to Elon Musk’s plan of using the advanced...

Politics

15 h. ago China’s central bank reaffirms commitment to digital asset ban

China’s central bank reaffirms commitment to digital asset ban  CoinGeek

Economics

17 h. ago Europe ‘fighting the China dragon’ as export pressures build, says Goldman

Europe ‘fighting the China dragon’ as export pressures build, says Goldman  Investing.com

Events

18 h. ago China’s risky shadow banks back in spotlight after debt crackdown

China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap costly credit from non-bank lenders, a stopgap that is increasing risk in an opaque corner of the financial system. The borrowing marks a return of China’s shadow-banking market, which is more loosely regulated than traditional lenders and had been reined in over the past few years in a bid to reduce risk. Since September, industrial investment arms and financing...

Economics

19 h. ago Investigations reveal combat stress a key factor in costly US Navy mishaps

New investigative reports into a series of high-profile and costly US Navy mishaps during a US-led campaign against Yemen’s Houthi rebels reveal that the most intense running sea battle that the military service has faced since World War II took a toll on ships and personnel. The four reports released on Thursday cover a “friendly fire” incident in December 2024 that saw the cruiser USS Gettysburg shoot at two fighter jets from the aircraft carrier USS Harry S. Truman, downing one, as well as...

Economics

20 h. ago Aukus deal to move ‘full steam ahead’ after surviving Trump review

The Pentagon said on Thursday it has endorsed the tripartite Aukus security pact with the United Kingdom and Australia, which would involve Canberra’s acquisition of at least three Virginia-class nuclear submarines within 15 years. The administration of Donald Trump said earlier this year it was reviewing a 2021 deal for the nuclear-powered attack submarines signed under his presidential predecessor, Joe Biden. The Department of Defence completed its five-month review, which endorsed the Aukus...

Politics

20 h. ago CSRC vows deeper reforms to open China’s capital market and boost tech listings

China’s top securities regulator has pledged to widen foreign investors’ access to the mainland’s capital market while further lowering the fundraising threshold for technology firms, after a key indicator slumped nearly 4 per cent from a 10-year high in mid-November. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), set out guidance for the equity and bond markets in an article published by the Communist Party mouthpiece People’s Daily on Friday, three weeks after he was...

Politics

20 h. ago China’s November exports expected to have rebounded off US tariff truce By Reuters

China’s November exports expected to have rebounded off US tariff truce By Reuters  Investing.com

Politics