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28 Jul 2020

NZ Foreign Minister Peters announces suspension of its extradition treaty with Hong Kong

In a statement released on Tuesday, New Zealand (NZ) Foreign Minister Winston Peters announced that they have suspended its extradition treaty with Hong Kong (HK) and made a number of other changes, in the face of China’s forceful national security legislation for HK.

Key quotes

“New Zealand can no longer trust that Hong Kong’s criminal justice system is sufficiently independent from China.”

“If China in future shows adherence to the ‘one country, two systems’ framework then we could reconsider this decision.”

“New Zealand will treat military and dual-use goods and technology exports to Hong Kong in the same way as it treats such exports to China as part of a review of its overall relationship with Hong Kong.”

more to come ....

Jul 28, 2020

AUD/USD Price Analysis: Eyes fresh monthly high after Monday's bullish marubozu

AUD/USD is currently trading at 0.7164, representing a 0.20% gain on the day, having hit a session high of 0.7177 a few minutes before press time. The

The ASX 200 Index talles-up over 60 points in gains, risk-on

The ASX 200 Index has been in the hands of the bulls on Tuesday, following in the hooves on Wall Street's bulls where indexes closed higher for the st