Regional

12th August

Disaster risk finance opportunities to be discussed at FEMM

Climate and disaster risk finance opportunities in the region, among other things, are to be discussed at the 2022 Forum Economic Ministers Meeting (FEMM). Pacific Islands Forum (PIF) secretary general Henry Puna mentioned this while...

11th August

Australia, China not yet ready to tackle trade disputes – Chinese envoy

SYDNEY (Reuters) – Australia and China have not yet reached the point of talking about how to resolve their trade disputes, the Chinese ambassador to Australia, Xiao Qian, said on Wednesday. “Currently, there have been top level communications … even face-to-face contacts but we have not yet come to the stage to discuss about how...

FDA says found possible carcinogen in certain samples of Merck’s Januvia

(Reuters) – The U.S. Food and Drug Administration said on Tuesday certain samples of sitagliptin, a compound in Merck’s diabetes drug Januvia, were contaminated with a possible carcinogen. The agency said it would not object to the temporary distribution of sitagliptin containing the impurity above the acceptable intake limit to avoid a shortage. Shares of...

New Zealand’s endangered kakapo parrot gets a big population boost

WELLINGTON (Reuters) – The population of New Zealand’s kakapo, an endangered flightless parrot, has increased 25% in the last year to 252 birds following a good breeding season and success with artificial insemination, the conservation department said Tuesday. The kakapo have been nearly wiped out by introduced predators such as stoats as the birds cannot...

10th August

Marape returns as Papua New Guinea prime minister after poll

SYDNEY (Reuters) -James Marape, who was sworn in as prime minister of Papua New Guinea on Tuesday after a national election, vowed to reform electoral processes and “get more from our resources” without scaring away investors. Voting in PNG’s general election, held every five years, ran across three weeks in July but counting was extended...

In Australia, tributes pour out for pop star Newton-John

SYDNEY (Reuters) – Australians expressed shock and sadness on Tuesday as they woke up to the news that 1970s and ’80s pop icon Olivia Newton-John, star of the hit movie musical “Grease”, had died at age 73 at her home in Southern California. From the Prime Minister on down, tributes flowed for the four-time Grammy...

Solomons PM’s absence from memorial service was a ‘missed opportunity’ – U.S. official

SYDNEY (Reuters) -Solomon Islands Prime Minister Manasseh Sogavare did not attend a weekend dawn service for a key World War Two battle organised by the United States, with local media reporting it as a “snub”. The Solomon Star News said Sogavare was due to give a speech on Sunday at the memorial service attended by...

Australia business activity booms in July, costs surge

SYDNEY (Reuters) – A measure of Australian business confidence rebounded in July as sales and profits held up surprisingly well in the face of rising interest rates and high inflation, though firms also reported record costs amid supply constraints. Tuesday’s survey from National Australia Bank Ltd (NAB) showed its index of business conditions climbed 6...

9th August

Australia’s central bank launches digital currency project

SYDNEY (Reuters) – Australia’s central bank on Tuesday said it was launching a one-year research programme into the case for a central bank digital currency (CBDC) in Australia, focusing on what potential economic benefits it might bring. The Reserve Bank of Australia (RBA) is partnering with the Digital Finance Cooperative Research Centre (DFCRC), a government-backed...

Sherman, Australia’s Wong reaffirm commitment to maintaining peace across Taiwan Strait

(Reuters) – U.S. Deputy Secretary of State Wendy Sherman and Australian Foreign Minister Penny Wong discussed China’s recent actions and reaffirmed their countries’ commitment to maintaining peace and stability across the Taiwan Strait in a meeting on Monday, the U.S. State Department said. Sherman was visiting Australia as part of a trip to Pacific nations.

Solomons leader did not attend U.S. war memorial service in “snub” – media report

SYDNEY (Reuters) – Solomon Islands Prime Minister Manasseh Sogavare did not attend a weekend dawn service for a key World War Two battle organised by the United States, with local media reporting it as a “snub”. The Solomon Star News said Sogavare was due to give a speech at a memorial service that was attended...

E-Edition