Sunday, December 22

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China spent $15.3 billion on Pacific exercises in 2023, internal Taiwan estimates show
World News

China spent $15.3 billion on Pacific exercises in 2023, internal Taiwan estimates show

By Yimou Lee for Reuters Combat exercises and training of the navy of the Eastern Theater Command of the Chinese People's Liberation Army (PLA) in the waters around the Taiwan Island, 2022. Photo: AFP / Xinhua China spent about US$15 billion, or 7 percent of its defence budget, on exercises in the Western Pacific in 2023, according to a previously unpublished Taiwanese estimate, showing Beijing's investment in military activity around Taiwan and its neighbours. The internal research by Taiwan's armed forces, reviewed by Reuters, offers a rare look into a slice of China's defence spending as Beijing has ramped up its military presence amid rising tensions in the region. China claims Taiwan as its own and has never renounced the use of force to bring the democratically governed island ...
Cancer treatment aligned with body clock may boost outcomes: Study
Health

Cancer treatment aligned with body clock may boost outcomes: Study

Time of day when medications are administered can have a significant impact on cancer treatment outcomes, claimed a study.  Researchers at Charite-Universitatsmedizin Berlin, Germany explained that it is because human bodies follow the cycle set by their internal clock, also known as circadian rhythm. To tailor medication schedules to an individual patient’s body clock, the team developed a method for determining the optimum time of cancer treatment. The method, based on certain breast cancer cell lines, is described in the journal Nature Communications. The internal clock in the human body sets the rhythm for different bodily functions and metabolic processes, such as sleep and digestion. In addition to organs that depend on the body’s clock, individual cells also follow the cycle and...
Tourism Holdings meets expectations in difficult environment
Business

Tourism Holdings meets expectations in difficult environment

Photo: 123RF Campervan company Tourism Holdings (THL) says its underlying profit of $52 million has met expectations, despite a difficult trading environment. However, the net profit for the year ended June fell 21 percent to $39.4m, with revenue up 39 percent $921.7m. "There is no doubt that the last six months have been particularly difficult for parts of the business, chair Cathy Quinn said. However, she said the New Zealand and Australian rental businesses, had each delivered strong profit results and were well positioned for growth. Chief executive Grant Webster said the overall performance was mixed with the underlying profit less than what the company hoped to achieve, given weak economic conditions. He said New Zealand rentals and sales, Action Manufacturing, and New Zealand tour...
More than 70 dead after militant attacks in Pakistan’s Balochistan
World News

More than 70 dead after militant attacks in Pakistan’s Balochistan

By Saleem Ahmad and Saud Mehsud, Reuters Security personnel stand near charred vehicles at the site of a shooting on a highway in Musakhail district, Balochistan province on 26 August 2024. Photo: AFP At least 73 people were killed in Pakistan's province of Balochistan when separatist militants attacked police stations, railway lines and highways and security forces launched retaliatory operations, officials said on Monday. The assaults were the most widespread in years by ethnic militants fighting a decades-long insurgency to win secession of the resource-rich southwestern province, home to major China-led projects such as a port and a gold and copper mine. "These attacks are a well thought-out plan to create anarchy in Pakistan," Interior Minister Mohsin Naqvi said in a statement. ...
BNZ trims mortgage rates again
Business

BNZ trims mortgage rates again

The BNZ is making further cuts to its home loan rates. Photo: RNZ / Nate McKinnon The BNZ is making further cuts to its home loan rates. The bank has cut its fixed rates by between four and 20 basis points, with longer term rates seeing the biggest fall. Read more: After OCR cut which home loan rate should you choose? OCR coming down - how far will home loan rates fall? It comes as wholesale interest rates move lower following the Reserve Bank's official cash rate cut on 14 August. Some banks lowered their lending rates immediately after the OCR announcement and others followed suit. The BNZ's popular 18-month rate was now 5.99 percent, and the two-year rate was at 5.89 percent. It followed a cut to its home loan rates on 20 August, and a move to stop charging first-home buyers and ot...
Mariah Carey reveals her mother and sister died on the same day
World News

Mariah Carey reveals her mother and sister died on the same day

"My heart is broken," Mariah Carey said in a short statement to People. Photo: Wikimedia Commons Mariah Carey has confirmed that her mother Patricia and sister Alison died on the same day over the weekend. No other details, including their cause of death are known at this time. "My heart is broken that I've lost my mother this past weekend. Sadly, in a tragic turn of events, my sister lost her life on the same day," the Grammy-winner told People in a short statement. "I feel blessed that I was able to spend the last week with my mum before she passed," Carey wrote. "I appreciate everyone's love and support and respect for my privacy during this impossible time." Carey's mum, Patricia, was a Juilliard-trained opera singer and vocal coach before she and husband Alfred Roy Carey welcomed A...
Bathurst Resources eyes fast track process for new projects
Business

Bathurst Resources eyes fast track process for new projects

Bathurst Resources says customers want long-term assurances of supply. Photo: Supplied / Bathurst Resources Ltd The country's biggest coal miner Bathurst Resources is seeing another 20 years of development work. It will use the fast track approvals process for two new projects near existing sites to supply local and export markets. Bathurst Resources chief executive Richard Tacon said 90 percent of its sales were for coking coal used in steel making, with some coal supplied to the domestic market for industrial heating. Pre-feasibility work was taking place at the Buller Plateau on the South Island's West Coast to produce coal for overseas export used in steel making. Another project in the early stages is the Rotowaro Extension near Huntly to mine coal for domestic use. Tacon said its ...
Why do wraps last so long and are they actually healthy?
World News

Why do wraps last so long and are they actually healthy?

Wraps are a popular emergency pantry food. Photo: 123rf By Nelli Saarinen, ABC Lifestyle When you need a lunch on the go or something quick for a dinner, few things are as convenient and versatile as wraps or tortillas. They're also a popular emergency pantry food, thanks to their incredibly long shelf-life, even at room temperature. But how do wraps last so long and are they actually healthy? How come wraps last so long?' The longevity of wraps is thanks to several factors, including their packaging, pH and moisture levels as well as ingredients, says Jayani Chandrapala, Associate Professor in Food Science at RMIT University. "It depends on the moisture content that the wraps are within, and also the air levels, because wraps are in airtight sealed bags." Anti-fungal and antimicrobial ...
Brewery told to remove its Kupe beer from sale
Business

Brewery told to remove its Kupe beer from sale

A series of craft beers released by Te Aro Brewing Company have come under fire after Polynesian navigator Kupe featured on its labels alongside colonial explorers Magellan and Columbus. Photo: Te Aro Brewing Company An Upper Hutt Brewery has been told to remove its Kupe beer from sale and take down associated promotion, after it was found to be in breach of advertising standards. Te Aro Brewing named its Kupe New Zealand IPA after the Polynesian navigator as part of its Age of Discovery series - a limited range of beers showcasing historical explorers including Christopher Columbus and Ferdinand Magellan. It also promoted the Kupe beer on its Facebook and Instagram accounts, including associating it with the Matariki holiday in June. Concern about the product and its promotion was firs...
US election: Donald Trump threatens to pull out of Kamala Harris debate
World News

US election: Donald Trump threatens to pull out of Kamala Harris debate

Republican presidential candidate Donald Trump has threatened to pull out of a debate on ABC. Photo: AFP The campaigns of Donald Trump and Kamala Harris clashed over next month's US presidential debate, with the vice president's team seeking a return to open microphones while her Republican rival threatened to pull out entirely, suggesting the previously agreed-upon ABC network was biased. "Why would I do the Debate against Kamala Harris on that network?" Trump, who is making his third bid for the White House, wrote in a social media post late Sunday night that also accused the network of bias. "Stay tuned!!!" Harris spokesperson Brian Fallon said on Tuesday the vice president's campaign wanted the broadcaster to keep the candidates' microphones on throughout the event, not muted when t...