China and Australia pushing the Pacific’s pulse

Published

4 years ago

June 2, 2022

China’s Foreign Minister is on his seventh stop in Pacific, as tensions continue to rise

Wang Yi has travelled to Papua New Guinea, which is the seventh stop in his diplomatic push in the Pacific.

PNG is heading into a national election, and local media is reporting Beijing’s plans for a regional security deal are causing conflict in the island-nation.

The nation’s former Prime Minister Peter O’Neill is on the campaign trail and has criticised the timing of Wang’s visit.

O’Neill believes no agreements should be signed with China before the election.

Meanwhile, Yi has been on a diplomatic tour of the Pacific, as he seeks to drum up support for greater security cooperation among island states.

The Chinese foreign minister will travel to eight countries, with Timor-Leste next on his list.

His tour has sparked concern among the U.S., New Zealand and Australia, who are fearful of China’s growing dominance in the region.

Allan Behm from The Australia Institute describes China’s strategy as “noticeable, big [and] highly theatrical”.

Australia’s foreign minister Penny Wong, who recently returned from Fiji, is visiting Samoa and Tonga.

Australia is focussing on humanitarian support, and action on climate change.

Senator Wong has laid out an eight-year deal with Samoa to address human development and maritime support.

“China is focussed on security, and I think in the circumstances in which the Pacific countries find themselves, they’re more likely to be attracted to the options that Senator Wong is putting forward.”
ALLAN Behm, THE AUSTRALIA INSTITUTE

China is seeking a security and trade deal with 10 Pacific nations. Its foreign minister has so far signed a dozen bilateral agreements.

But Senator Wong says Australia is also seeking greater relations with its close neighbours.

“We understand that we need to work together like never before, for our peoples and for generations to come.”

“We want to make a uniquely Australian contribution to help build a stronger Pacific family,” she says.

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

Published

6 hours ago

December 2, 2025

Harvey Vargas

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Published

7 hours ago

December 2, 2025

Harvey Vargas

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews

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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Published

7 hours ago

December 2, 2025

Harvey Vargas

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews