logo
Australian Company Takes Loan in Chinese Dollars in Corporate First

Australian Company Takes Loan in Chinese Dollars in Corporate First

Epoch Times08-08-2025
Australian company Fortescue has secured a 14.2 billion Renminbi ($US2 billion) loan from a range of Chinese, Australian, and other international lenders.
Fortescue, formerly known as Fortescue Metals Group, is a publicly traded company owned by a number of investors and shareholders.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Microsoft Scales Back Chinese Access to Cyber Early Warning System
Microsoft Scales Back Chinese Access to Cyber Early Warning System

Epoch Times

timean hour ago

  • Epoch Times

Microsoft Scales Back Chinese Access to Cyber Early Warning System

WASHINGTON—Microsoft said on Wednesday it has scaled back some Chinese companies' access to its early warning system for cybersecurity vulnerabilities following speculation that Beijing was involved in a hacking campaign against the company's widely used SharePoint servers. The new restrictions come in the wake of last month's sweeping hacking attempts against Microsoft SharePoint servers, at least some of which Microsoft and others have blamed on Beijing. That raised suspicions among several cybersecurity experts that there was a leak in the Microsoft Active Protections Program (MAPP), which Microsoft uses to help security vendors worldwide, including in China, to learn about cyber threats before the general public so they can better defend against hackers.

Behind Australia's Billionaire List: Who's Winning in 2025?
Behind Australia's Billionaire List: Who's Winning in 2025?

Bloomberg

time3 hours ago

  • Bloomberg

Behind Australia's Billionaire List: Who's Winning in 2025?

This week on the Bloomberg Australia Podcast: Who's climbing — and slipping down — the ranks in the nation's billionaires' club? Never miss an episode. Follow The Bloomberg Australia Podcast today. Australia's richest are getting richer — with Gina Rinehart and Harry Triguboff climbing higher in the Bloomberg Billionaires Index, while others like Atlassian's founders take a hit. Together, the nation's top ten fortunes are now worth $144 billion. So where's the money being made and what does it say about the broader economy?

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store