While in the past German policies have been guided by business interests rather than strategic factors, surely Germany, Europe’s biggest and strongest economy, has gained from history’s strategic insight and will take the right decision. Senior German officials are telling… Read More ›
Australia
Australia to exclude telecom equipment suppliers with ties to foreign governments from its 5G market
Given that 5G will become a critical infrastructure since it will connect everything ranging from smart gadgets to automobiles, telecom equipment suppliers will be scrutinized for their ties to foreign governments. In what could possibly explain Australia’s move to ban… Read More ›
Switzerland’s enters into an era of banking transparency
Swiss authorities have begun sharing account data with countries who meet international requirements on confidentiality and data security. This strategic move has placed Switzerland in fierce competition with fast-growing economies including Singapore and Hong Kong. In a significant development that… Read More ›
Oxford Properties Group offers $2.4 billion for Australian office landlord Investa Office Fund
By pitching its $2.4 billion offer for Australian office landlord Investa Office Fund, Oxford Properties Group has bested Blackstone’s A$90 million offer. On Wednesday, Investa Office Fund, an office landlord in Australia stated, it is adjourning a planned shareholder… Read More ›
Indonesia and Australia set to announcement completion of negotiations for CEPA this Friday
The completion of negotiations for Comprehensive Economic Partnership Agreement (CEPA) is set to be announced this Friday following a visit by Australian Prime Minister Scott Morrison to the Indonesia. As per an official from Indonesia’s foreign ministry, President Joko Widodo… Read More ›
Here is why wheat prices are set to rise globally
Several of the world’s leading wheat exporters, including Australia, the European Union, Argentina, Canada, the United States, Kazakhstan, Ukraine, and Russia, are seeing their wheat crop suffer this year. The last time this happened there were food riots in Asia… Read More ›
China flexes it financial muscles in the South Pacific
China’s lending program to the island nations of the South Pacific has gone from zero to more than $1.3 billion over a decade. The relatively high cost of debt-servicing in these tiny economies have stoked fears that the entire region… Read More ›
S&P settles class action lawsuit in Australia over awaring high ratings to SCDOs
Much of the turmoil that shook the world’s capital markets in 2007-2009 can be traced back to the assigning of high ratings to synthetic collateralized debt obligations (SCDOs). On Friday, U.S.-based rating agency Standard & Poor stated it has settled… Read More ›
Australia’s energy strategy clouded by coal-friendly lobbies
With elections looming for the state of Victoria in November, a lucid, clear cut energy policy could be a challenge for the coalition government. Australian states are set to vote on a new energy policy this coming Friday which could… Read More ›
Mining giant BHP facing class-action lawsuit over Samarco dam in Brazil
BHP has provisioned $650 million in 2018-2019, which was at the lower end of their expectations. On Monday, Melbourne, Victoria-based BHP, formerly known as BHP Billiton, an Anglo-Australian multinational mining, metals and petroleum company stated, it has been served with… Read More ›