China's Economic Boom Days Have Passed, According to Australia’s Biggest Pension Fund

China’s Economic Boom Days Have Passed: Australia’s Biggest Pension Fund

China’s latest stimulus measures, aimed at stabilizing its faltering property market, may provide short-term relief, but long-term economic growth prospects are less promising, according to Mark Delaney, Chief Investment Officer (CIO) of AustralianSuper, Australia’s largest pension fund. Delaney, speaking at...
Putin-Kim

Russia Accuses South Korea of Heightening Tensions with North Korea

Russia’s Foreign Ministry raised concerns about rising tensions between South Korea and North Korea, urging diplomatic solutions to restore peace and security on the Korean Peninsula. The statement comes amidst escalating verbal clashes between Seoul and Pyongyang, which have stoked...
Smoke rises after North Korea blows up sections of inter-Korean roads on its side of the border between the two Koreas, according to South Korea's military, as seen from the South Korean side, October 15, 2024. South Korean Defence Ministry

North Korea Destruction of Inter-Korean Roads and Railways: South Korea Fires Warning Shots

North Korea destroyed sections of inter-Korean roads and railways on its side of the heavily fortified border with South Korea on Tuesday, leading to an immediate military response from Seoul. The South Korean military fired warning shots south of the...
Narendra Modi-Justin Trudeau

India-Canada Diplomatic Standoff Intensifies: Expulsions Over Allegations of Assassinated Sikh Leader

India and Canada have reached an unprecedented low as both countries expelled each other’s top diplomats, escalating a row over the assassination of Hardeep Singh Nijjar, a prominent Sikh separatist leader. The ongoing tension between the two nations, once marked...
Google AI

Google Embraces Nuclear Energy to Power AI Data Centers, Partnering with Kairos Power

In the growing energy needs of its artificial intelligence (AI) data centers, Google has signed a deal with Kairos Power, a nuclear energy startup, to employ small nuclear reactors as a clean and reliable power source. The agreement marks a...
7-Eleven

7-Eleven: Retail Giant Prepares for Battle Amid Couche-Tard’s $47 Billion Acquisition Bid

In a dramatic effort to unlock shareholder value and ward off an aggressive $47 billion takeover bid from Canadian giant Alimentation Couche-Tard Inc., Seven & i Holdings Co., the Japanese retail conglomerate behind the global 7-Eleven chain, is reshaping its...
Shigeru Ishiba

Japan Parliamentary Election: Shigeru Ishiba Seeks Mandate Amid Political Funds Scandal

Official campaigning for Japan’s upcoming parliamentary election on October 27 began Tuesday, with newly appointed Prime Minister Shigeru Ishiba seeking a public mandate for his administration's policies and political reforms. This election comes at a critical time for the Liberal...
European Stock Market

Greece Sells Off Bank Stakes, Reflecting Europe’s Shift to Private Ownership

In a striking turnaround, Greece has sold off the majority of its holdings in the banking sector over the past year. This aggressive program, which has brought in €3.5 billion ($3.8 billion), is part of a broader movement across Europe,...
International Monetary Fund (IMF)

Global Public Debt Surges Past $100 Trillion Amid Rising Political and Economic Pressures: IMF Warns of Future Risks

In a landmark report released on Tuesday, the International Monetary Fund (IMF) warned that the world’s total public debt is set to exceed $100 trillion for the first time in history this year, marking a significant shift in global financial...
King Charles III

King Charles III’s Australia Tour: Reconnecting with Australia, and Leading the Fight Against Climate Change

At 75 years old and recently diagnosed with cancer, King Charles III is preparing for a pivotal moment in his reign. This October, he will embark on a journey that spans half the globe, traveling to Samoa and Australia. The...
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