U.S. to intervene in Indo-Pacific region

Published

4 years ago

October 8, 2021

ticker NEWS

CIA opening new centre to suppress China’s dominance in Asia

The CIA will house a new ‘China Mission Centre’, in a bid to counter China’s dominance in the Indo-Pacific region.

CIA Director William Burns says the centre will facilitate a whole-of-agency response to China, as a “key rival”.

Burns says the unit will “further strengthen collective work on the most important geopolitical threat we face in the 21st century”.

It comes as Washington asserts that it is not seeking a “new Cold War” with Beijing.

But the initiative follows a string of new branch units dedicated to countering Beijing.

The CIA’s classification of China as a “key rival” is likely to anger Beijing.

Chinese officials told their U.S. counterparts that they rejected the term of “competition” to define the relationship between the two nations.

RBA holds rates as investors shift from property to stocks

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

Published

2 hours ago

November 26, 2025

Harvey Vargas

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.

The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.

We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.

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News

U.S. retail sales slowdown sparks new fears ahead of Fed decision

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

Published

2 hours ago

November 26, 2025

Harvey Vargas

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.

The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.

Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.

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#RetailSales #USEconomy #FederalReserve #ConsumerSpending #EconomicOutlook #MarketUpdate #InterestRates #TickerNews

News

xAI’s $15 billion raise, deadline pressure and Grokipedia launch

Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.

Published

2 hours ago

November 26, 2025

Harvey Vargas

Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.

Elon Musk’s artificial intelligence startup xAI is preparing to close a huge $15 billion funding round next month, valuing the company at $230 billion pre-money. The raise highlights the intense investor appetite for advanced AI platforms as competition heats up across the sector.

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#xai #elonmusk #ai #startupnews #grok #grokipedia #technews #fundinground