China says Philippines ‘illegally’ flew planes over South China Sea islands | South China Sea News

China says Philippines ‘illegally’ flew planes over South China Sea islands | South China Sea News

The incident marks the second confrontation this week between Manila and Beijing over disputed South China Sea islands. China’s military said it drove away three Philippines aircraft “illegally” flying over the disputed Spratly Islands, marking the second aerial incident this week involving Beijing and Manila in the South China Sea. A spokesperson for the Chinese…

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The Australian and New Zealand militaries are monitoring 3 Chinese warships off Australia

The Australian and New Zealand militaries are monitoring 3 Chinese warships off Australia

MELBOURNE, Australia (AP) — The Australian and New Zealand militaries were monitoring three Chinese warships moving unusually far south along Australia’s east coast on an unknown mission, officials said Thursday. The Australian government revealed a week ago that the warships had traveled through Southeast Asia and the Coral Sea and were approaching northeast Australia. Defense…

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Asian infrastructure bank raises US$549 million in Hong Kong dollar bond sale

Asian infrastructure bank raises US$549 million in Hong Kong dollar bond sale

The three-year senior unsecured fixed-rate sustainable-development bonds pay an annual coupon of 3.847 per cent, and will settle locally in Hong Kong’s Central Moneymarkets Unit (CMU), which tracks and manages Hong Kong-dollar debt securities and other financial products. The bonds attracted investors domestically and across Asia-Pacific, with the final order book reaching HK$9 billion with…

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Australia, New Zealand monitor ‘unusual’ movement of three Chinese warships | Military News

Australia, New Zealand monitor ‘unusual’ movement of three Chinese warships | Military News

Three Chinese navy ships have charted a course along Australia’s eastern coast in a move described as ‘unusual’ by the country’s defence minister. Australia and New Zealand are monitoring the “unusual” presence of a group of Chinese naval vessels spotted in international waters off the Australian eastern coast, defence ministers of the two countries said….

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US condemns ‘dangerous’ moves by Chinese navy helicopter in South China Sea | South China Sea News

US condemns ‘dangerous’ moves by Chinese navy helicopter in South China Sea | South China Sea News

Manila says it will lodge a diplomatic protest after a Chinese helicopter flew deliberately within 3 metres (10 feet) of a Philippine aircraft. The United States ambassador to Manila has condemned “dangerous” manoeuvres by a Chinese navy helicopter that threatened the safety of a Philippine government aircraft patrolling a disputed shoal in the South China…

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South Korea removes DeepSeek from app stores pending privacy review | Technology News

South Korea removes DeepSeek from app stores pending privacy review | Technology News

Personal Information Protection Commission says Chinese start-up accepted proposal to suspend downloads of AI chatbot. South Korea has suspended downloads of DeepSeek’s artificial intelligence-powered chatbot pending a review of the Chinese start-up’s privacy standards. South Korea’s privacy watchdog said on Monday that DeepSeek’s R1 chatbot was removed from the local versions of Apple’s App Store…

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China’s Xi hosts summit with business leaders, including Alibaba’s Jack Ma | Business and Economy News

China’s Xi hosts summit with business leaders, including Alibaba’s Jack Ma | Business and Economy News

Chinese leader meets corporate leaders amid economic challenges, including slowing down and high youth unemployment. Chinese President Xi Jinping has met top corporate leaders, including Alibaba co-founder Jack Ma, at a business symposium in Beijing, state media reported. Since coming to power more than a decade ago, Xi has consistently sought to bolster the role…

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