County Pacific Financial News

Tropical Storm Philippe has been downgraded to a post-tropical cyclone as it lashes Bermuda with heavy rains and wind

Taiwan is looking forward to joining hands with India and other like-minded partners to strengthen the global supply chain and safeguard peace and stability across the Taiwan Strait and Indo-Pacific, Taipei's de-facto Ambassador Baushuan Ger has said. Without naming China, the envoy said Taiwan, confronted by «unceasing cross-Strait military intimidation and grey-zone threats», has continued to strengthen its self-defence capabilities and has consistently strived to serve as a force for good.

Canada and India, with some officials concerned it could upend the U.S. strategy toward the Indo-Pacific that is directed at blunting China’s influence there and elsewhere. Publicly, the administration has maintained that Canadian Prime Minister Justin Trudeau's allegations that the Indian government may have been involved in the killing of a Sikh separatist near Vancouver are a matter between the two countries. But U.S.

Warner Bros. Discovery's international division, issued a memo to the company's staff today outlining the new global leadership structure. Following the recent departure of France division head Pierre Branco, Warner Bros.

Japan issued an advisory for a tsunami of 1 metre for the islands off of Izu peninsula on the eastern coast of the country. The warning followed an earthquake that had a preliminary magnitude of 6.6 that struck at 11 a.m. near Torishima island, according to the Japan Meteorological Agency.

The World Bank says South Asia is expected to grow by 5.8% this year, making it the fastest-growing region in the world even as the pace remains below pre-pandemic levels

Westpac will maintain a presence in the South Pacific after the federal government indicated it wants to see Australian companies playing a role in the region.

Kommersant newspaper reports. The move will pave the way for the Russian leader to stay in power until at least 2030. Putin has led Russia since the turn of the century, winning four presidential elections and briefly serving as prime minister in a system where political opposition has become virtually non-existent.

UK companies a 4 billion pound ( USD 4.9 bn) contract to design and manufacture a nuclear-powered attack submarine as part of the country's AUKUS programme with Australia and the United States, Al Jazeera reported. The first of the submarines will be delivered into service in the UK in the late 2030s and the first Australian ones will follow in the early 2040s. The SSN-AUKUS program aims to enhance the capabilities of the UK, Australia, and the US to counter regional security challenges, particularly from China in the Asia-Pacific region, Al Jazeera reported. UK's Defence Ministry in a statement on Sunday said that the contract with BAE Systems, Rolls-Royce and Babcock «represents a significant milestone for both the UK and the trilateral AUKUS programme as a whole». It said that the new submarines, known as SSN-AUKUS, «will be the largest, most advanced and most powerful attack submarines ever operated» by the Royal Navy and will «combine world-leading sensors, design and weaponry in one vessel». The plans for SSN-AUKUS were unveiled in March by the leaders of Australia, the UK and the US and came as the three countries ramped up their efforts to counter China in the Asia Pacific region. The nuclear-powered vessels — which have far greater stealth and range and mark the first time Washington has shared nuclear-propulsion technology with a country other than the UK — represent a significant upgrade to Australia's current diesel-powered fleet, as per Al Jazeera. Previously, Australian Defence Minister Richard Marles described the AUKUS deal as «the biggest step forward in our military capability that we've had since the end of World War II». Through the AUKUS, Washington intends to sell Canberra up to five of its

Seattle-based Coldstream Wealth Management has added Seidman Capital Group, a wealth management firm overseeing $250 million in client assets, and Hersman Serles Almond, an accounting and consulting firm, it announced Monday.

Goldman Sachs Asset Management and Canadian DB pension plan OMERS will jointly invest in private credit opportunities in Asia Pacific having established a new partnership.

Also Read: Asian markets mixed as China’s factory activity expands, US govt shutdown averts; dollar gains China’s GDP growth estimates for next year have been cut to 4.4% from the 4.8% previously projected. “In 2024, improving external conditions will help growth in the rest of the region but persistent domestic difficulties in China – the fading of the bounce back from the re-opening of the economy, elevated debt, and weakness in the property sector, structural factors such as aging – will weigh on growth in China, slowing it to 4.4% in 2024," World Bank said.

A parcel of 2.18 million shares in ASX-listed funds management business Pacific Current, representing 4.2 per cent of the company, changed hands after market close on Friday evening.

World War II aircraft carriers that played a crucial role in the Battle of Midway. This discovery holds the potential to shed light on the mysteries surrounding this pivotal event that marked a turning point in the Pacific theater, shifting control from Japanese to U.S.

SYDNEY (Reuters) — One man died and another was in hospital on Saturday in Australia after a whale struck and flipped their boat during a fishing expedition, authorities said.

Advent International on Friday announced the completion of its majority acquisition of Hyderabad-based listed contract development and manufacturing organisation (CDMO) Suven Pharma. Advent acquired 50.1% stake in Suven at an agreed price of Rs 495/share in December last year a firm promoted Venkat Jasti and his family members for Rs 6,313 crore paying ₹495 per share.

A typical Web3 developer has a median salary of $128,000 in 2023.

Regal Partners says it is walking away from a potential acquisition of Pacific Current because it is disappointed with the level of engagement from the company.

French Army, General Pierre Schill Wednesday expressed concern on Indo-Pacific's safety and said that Prime Minister Narendra Modi's participation in the Bastille Day is a sign of deepening strategic partnership between India and France. Pierre Schill, in an exclusive interview, said, «So France, as a nation of Pacific is also concerned in free movements and open space in the Pacific and the fact that through the multilateral coordination between nations and also armies to have the right and the laws been forced and for a free access to Pacific.» He was speaking on the sidelines of the Indo-Pacific Armies Chiefs Conference (IPACC) at Manekshaw Centre in Delhi. On India's ties with France, he said, «We were very proud to welcome Prime Minister Modi for the Bastille Day in France and some of your units that were opening the big parade we have on those days. This is a sign of some kind of strategic partnership we have, which is very important because we have some very close strategic assessment of the world.

Army chiefs and senior officers from 30 countries including the United States met in India Tuesday to discuss threats facing the Asia-Pacific region, in the face of concern at an increasingly assertive China. US Army chief Randy George said the region was «critically important», speaking to reporters alongside his Indian counterpart Manoj Pande, and vowed to boost cooperation to «maintain a free and open Indo-Pacific». Generals from Japan and Australia, which make up the «Quad» defence cooperation forum alongside Washington and New Delhi, also took part, as did Britain and France. As the generals met, China's Foreign Minister Wang Yi said that Beijing would oppose the «wanton expansion of military alliances», the latest in a string of warnings as Washington deepens security ties in the Asia-Pacific. Beijing has long said that any effort to establish a NATO-like military alliance in the Asia-Pacific would provoke conflict. Nations present at the two-day conference in New Delhi included Vietnam and the Philippines, both of which have longstanding pending territorial disputes with China. The conference, which launched in 1999, brings together army chiefs and top officers from 30 countries. India's Pande said the region faced challenges on both land and at sea. «These range from territorial disputes over land masses, or in some cases, even over artificially expanded islands to acquire real estate and establish military bases,» Pande added, in an indirect reference to China. India has also had to balance its traditional alliance with Russia — the provider of most of its arms imports, and now a source of cut-price oil — with growing ties to Washington. «The partnership between India and the US armies is vital for