Hong Kong utility company CLP Holdings said its 2024 net profit rose 76 per cent from a year earlier thanks to a strong showing from its operations in Australia. The company, which operates the larger of Hong Kong’s two electricity providers,
Australia said Saturday it has not received a satisfactory explanation from Beijing after Chinese warships off its east coast broadcast a "disconcerting" live-fire warning that forced commercial fligh
Three Chinese warships have been spotted in international waters off the coast of Australia’s largest city, Sydney, in a rare show of military might that will likely test diplomatic ties between Canberra and Beijing.
Australia spotted three Chinese warships sailing near its coast as Beijing accused Canberra of sending a spy plane into its "territorial airspace" over the contested South China Sea. Newsweek has contacted the Australian and Chinese militaries for comment by email.
Asia-Pacific markets were set to open mixed Tuesday, a day after Chinese President Xi Jinping signaled support to the country's private sector and urged businesses to "show their "talents." Australia's S&P/ASX 200 started the day up 0.
Beijing responds indignantly to the uproar in Australia as well as New Zealand following a week of military exercises staged by three Chinese warships
New Zealand raised fresh concerns Monday over nearby live-fire drills conducted by Chinese warships armed with “extremely capable” weapons, an unprecedented show of firepower last week that analysts say are part of Beijing’s ongoing plan to build a blue-water navy with global reach.
The Australian government is demanding answers from Beijing after commercial flights had to divert over the Tasman Sea after they received last-minute alert of Chinese warship exercises.
BEIJING >> China accused Australia today of deliberately provoking it with a maritime patrol in the disputed South China Sea this week, saying the latter was spreading “false narratives”, though Australia maintained its action adhered to international law.
Canberra’s claim that Beijing failed to give enough notice is ‘completely inconsistent with the facts’, Chinese defence ministry says.
I was very clear in that.” Australian military officials have reportedly raised concerns with their Chinese counterparts about a midair incident over the South China Sea, as senior officials met in Beijing.
Australia learned about Chinese live-fire naval drills off the country’s coast that forced dozens of flights to be diverted via an alert from a commercial pilot, authorities said on Monday. The People’s Liberation Army (PLA) Navy’s unprecedented show of firepower in waters between Australia and New Zealand has raised alarm in both countries in recent days as a clearer picture emerges of how much warning Beijing gave about the exercises.