No need for an Asian NATO to counter China
This article was originally published by Pacific Forum, a Honolulu-based foreign policy research institute founded in 1975. It is republished with permission.
Asian news from Australia
Asia-Pacific faces fallout from CrowdStrike outage: ‘It will continue to happen’
However, insurers and IT experts said the outages’ impact on the region was limited and would not lead to an overhaul of cybersecurity protocols, although they recommended businesses strengthen their backup systems and continuity plans in case similar incidents strike again in the future.
Australia debates building first nuclear plant ahead of 2025 election
SYDNEY -- Construction of nuclear power plants is emerging as a key policy topic ahead of 2025 general elections in Australia, as voters, who had long resisted adopting nuclear energy, shift their views amid inflation.
Tiger Brokers’ AI chatbot saves investors time but still comes with inaccuracies
“We’re focusing on using our TigerGPT to help users pick individual stocks … and go through a great quantity of financial news more efficiently,” Wang said.
Vietnam bids farewell to late party leader Nguyen Phu Trong
HANOI - Vietnam on Thursday (July 25) began a two-day state funeral service to bid farewell to Nguyen Phu Trong, 80, the leader of its ruling Communist Party who died a week earlier.
Australia’s ANZ faces fire for alleged market manipulation
ANZ is being investigated by the Australian Securities and Investments Commission (ASIC) amid serious allegations the bank manipulated markets when it facilitated a A$14 billion (US$9.2 billion) sale of government bonds in April last year.
China Unexpectedly Cuts Interest Rate as World Markets Sag
China’s central bank on Thursday cut a key interest rate, in Beijing’s second move this week to try to offset a weakening economy and a housing market crisis.