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China airshow leaves fans in ore as drones and new tech unveiled

Published

3 years ago

September 29, 2021

ticker NEWS

Visitors were bursting with pride as China’s biggest air show opened after almost a year’s delay

Airshow China kicked off on Tuesday with a flight demonstration during which multiple signature planes from China’s air force, including the J-20 stealth fighter jet were presented.

The six-day event, which will showcase China’s homegrown aviation and space tech, was postponed from its original November 2020 date due to COVID.

A military drone whose manufacturer says it can cruise for 20 hours at 15,000 metres was among Chinese warplanes, missiles and other weapons technology shown in public for the first time today at the opening of the country’s biggest air show.

The Chinese space program planned to unveil a rocket for crewed space flight capable of carrying a 25-ton payload to lunar orbit at the 13th China International Aviation and Aerospace Exhibition.

The ruling Communist Party is pouring billions of dollars into developing fighter jets, stealth technology, drones and other hardware for its military wing, the People’s Liberation Army, as it presses claims to disputed seas and other territory.

Many avgeek have taken to social media to share the epic pics captured at the event.

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Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending