AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market. AMP Wealth Management, one of Australia‘s largest wealth managers with billions in assets under management, has invested $27 million in Bitcoin btc1.85%Bitcoin, becoming the first major superannuation fund in the country to do so, the Australian...
Australia has established a task force to crack down on cryptocurrency ATM providers that do not comply with the nation’s anti-money laundering laws. The Australian Transaction Reports and Analysis Centre has issued a warning for crypto ATM operators via a Dec. 6 statement, noting that non-compliance with anti-money laundering laws will result in enforcement actions and penalties. Coin...
It has been two years since Malaysia reopened to international tourists. The tourism sector, which took a hit when the borders were closed from 2020 to 2022 due to the Covid-19 pandemic, has yet to fully recover. However, the tourism industry continues to show positive signs of recovery as tourist arrivals doubled over the past year. Based...
MELBOURNE, Australia (AP): A light plane with three people aboard landed safely without landing gear Monday after circling an Australian airport for almost three hours to burn off fuel. The pilot, Peter Schott, and his passengers, a 60-year-old man and a 65-year-old woman, walked unaided from the twin-turboprop Beechcraft Super King Air after landing at Newcastle...
BEIJING (Reuters): China's military took necessary measures to warn Australia, the foreign ministry in Beijing said, after Australia said a Chinese fighter jet endangered an Australian military helicopter during an "unsafe" confrontation over the Yellow Sea. "The Australian military aircraft flew near China's airspace in a threatening way," said Lin Jian, a spokesperson for China's foreign...
SYDNEY (Reuters) - An Australian counter terrorism team arrested seven teenagers on Wednesday linked to a boy charged with a religiously-motivated terror attack on a Sydney bishop and questioned another five people. Police said a team of more than 400 police and security personnel were involved in the operation, which arrested associates of a 16-year-old boy...
Kraken Australia's Managing Director Jonathon Miller said institutional crypto demand is lagging in Australia, but stablecoins and the right policy moves could help it catch up. Australia’s crypto industry is in a good spot to benefit from a global “inflection point” for crypto demand as long as its lawmakers make the right decisions, according to a...
SYDNEY (Reuters) - Australia on Monday said it would tighten visa rules for international students and low-skilled workers that could halve its migrant intake over the next two years as the government looks to overhaul what it said was a "broken" migration system. Under the new policies, international students would need to secure higher ratings on...
PETALING JAYA: Malaysian murder convict Sirul Azhar Umar, who was released from detention just three weeks ago, could see his freedom shortlived and be back in prison within days. The Australian government is rushing to pass a preventive law to detain immigrants with a criminal history for up to three years. Sirul was among 148 foreign detainees...
PETALING JAYA: Sirul Azhar Umar says he received RM1mil from unnamed sources for his silence on the Altantuya Shaariibuu murder during his detention in Australia. He said a prominent politically-linked lawyer and a top Cabinet leader were involved in the payment. ALSO READ: Altantuya’s father shocked over decision to release Sirul from detention In an interview with Al-Jazeera's 101...
