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Concerns for Press Freedoms as Apple Daily announces closure date

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Hong Kong’s pro-democracy newspaper Apple Daily will stop operating on Thursday

The tabloid’s parent company, Next Digital said confirmed the news after national security police arrested another employee of the troubled newspaper.

The recent events bring the 26 year operations of the popular tabloid to a close.

Apple Daily is popular within Hong Kong. The newspaper, which mixes pro-democracy discourse with racy celebrity gossip and investigations of those in power, has escalated alarm over media freedom and other rights in the Chinese-ruled city.

In a statement on its website, Next Digital stated that the decision to close the newspaper, which employs about 600 journalists, was taken “due to the current circumstances prevailing in Hong Kong.”

Last weeek authorities in Hong Kong froze assets of companies linked to the newspaper and arrested five executives.

On Wednesday, it arrested a columnist on suspicion of conspiring to collude with a foreign country or foreign forces.

Authorities have revealed their concern over dozens of Apple Daily pieces that may have violated the security law, the first instance of authorities taking aim at media articles under the legislation.

There has now been an outcry from rights groups, media organisations and Western governments, who have criticised last week’s raid of the Apple Daily newsroom. Those who state press freedom has been violated.

The Apple Daily has come under increasing pressure following the arrest of its since tycoon owner and Beijing critic, Jimmy Lai.

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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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