Latest Sydney News
China's declining aid to Pacific islands increasingly goes to allies, think tank reports
CANBERRA, Australia (AP) — China’s declining aid to the South Pacific is increasingly targeted toward its political allies in the region as appetite there for Chinese credit declines and competition grows with the U.S. for influence, an independent Australian think tank reported Tuesday. ...
Australian police charge 7 with laundering hundreds of millions for Chinese crime syndicate
MELBOURNE, Australia (AP) — Australian authorities have charged seven people with helping launder hundreds of millions of dollars for a Chinese crime syndicate. Police said Thursday the arrests came after a 14-month investigation that involved multiple Australian agencies and the...
Australian hydrogen company outlines US expansion in New Mexico, touts research
SANTA FE, N.M. (AP) — An Australia-based company plans to build a campus in New Mexico to expand its research into hydrogen fuel as a heat source for industry, touting a proprietary chemical process without greenhouse gas emissions. Hydrogen-technology research and developer Star...
Stock market today: World shares mixed after China pledges more support for slowing economy
BANGKOK (AP) — World shares were mixed Wednesday after China pledged more spending to energize its economy. Benchmarks fell in Paris, Frankfurt, Sydney and Seoul but rose in London, Tokyo and Hong Kong. U.S. futures were mixed and oil prices turned higher. China...
Carnival ruled negligent over cruise where 662 passengers got COVID-19 early in pandemic
CANBERRA, Australia (AP) — A cruise operator that failed to cancel a voyage from Sydney that led to a major COVID-19 outbreak was ruled negligent in its duty of care to passengers in an Australian class-action case Wednesday. The Ruby Princess ocean liner left Sydney on March 8,...
Stock market today: Asian shares mixed after US stocks wobble as US Treasury bond yields veer
TOKYO (AP) — Shares were mixed Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%. Benchmarks fell in Tokyo, Seoul and Hong Kong but rose in Shanghai, Sydney and Taiwan. Rapidly rising...
Sydney court postpones extradition hearing of former US military pilot until May
SYDNEY (AP) — A Sydney court on Monday postponed an extradition hearing for a former U.S. military pilot accused of illegally training Chinese aviators until May as his lawyers attempt to further build their case. Boston-born Dan Duggan, 55, was scheduled to fight his extradition...
Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil prices
TOKYO (AP) — Asian shares advanced Thursday after a plunge in oil prices aided a recovery on Wall Street. Benchmarks rose in Tokyo, Sydney, Seoul and Hong Kong. Chinese markets were closed for a holiday. Market sentiment was helped by a $5 decline in oil prices on Wednesday. Lower...
Wildfire destroys 3 homes in southeastern Australia and a man is injured by a falling tree
CANBERRA, Australia (AP) — Three homes were destroyed by a forest fire and a man was injured by a falling tree in the Bega Valley region of southeastern Australia, prompting a government leader to warn on Wednesday that a “horror” wildfire season was approaching. Scores of...
Former US military pilot's lawyer tells Sydney court that extradition hearing should be delayed
SYDNEY (AP) — A lawyer for a former U.S. military pilot accused of illegally training Chinese aviators told a Sydney court on Wednesday that an extradition hearing scheduled for next month should be postponed due to delays in government agencies handing over crucial material. ...
