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China seeks security deals with Pacific Island countries

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China’s foreign minister is jetting off on a blitz of Pacific Island nations

China is seeking security deals with almost a dozen Pacific Island countries according to fresh reports from Reuters.

The deals will focus on policing, security and data communication.

Reuters reports the nation’s foreign minister, Wang Yi is set to host a meeting in Fiji next week.

One of the nations on China’s list has reportedly voiced concerns saying their intent to control the region “threatens stability”.

David Panuelo, the President from the Federated States of Micronesia (FSM) fears this could lead to a new “Cold War” between China and the West.

Yi will visit eight Pacific island nations that China has diplomatic ties with.

It comes as the nation secured a deal with the Solomon Islands, which drew condemnation from Australia, New Zealand and the US.

Allan Behm from the Australian Institute says “to spend over a week with small island states in the Pacific is a very big investment of China’s diplomatic capital.”

“It’s a dramatic move for China to take.”

Behm says these visits also make people nervous about the future.

“It looks a bit to me like video game diplomacy, a kind of gotcha moment where the size of the visit, that is the length of it, and the surprise of the visit, come together to make people feel a bit nervous about what it’s all for.”

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Meanwhile, Australia’s Foreign Minister will travel to Fiji today to counter China’s influence in the region. 

The country’s newly elected Prime Minister says Australia is an obvious partner for these island nations.

But China says the Solomon’s pact focuses on domestic policing and that any criticism was interference in their decision-making.

In Washington, US State Department spokesman Ned Price said he was aware of the plans.

Foreign ministers will meet next week to discuss the plans.

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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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Tech stocks on edge ahead of Nvidia

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.

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Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.


With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.

Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.

#TechStocks #Nvidia #Markets #Investing #FinanceNews


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