Bloomberg Australian Prime Minister Anthony Albanese has ruled out complying with a list of demands from the Chinese government to improve relations between the two countries, complicating attempts to repair diplomatic ties between Canberra and Beijing. Speaking to the press in Canberra on Monday, Albanese said Australia “doesn’t respond to demands” when asked about a statement by China’s Foreign Minister ...

  Bloomberg New Zealand Prime Minister Jacinda Ardern plans to attend the Pacific Islands Forum Leaders’ Meeting in Fiji this week, just days after the head of state called for more regional co-operation to counter China and amid reports one island member has withdrawn on the conference’s eve. Ardern will go to Fiji from Tuesday to Thursday where she plans ...

Bloomberg Risks are skewed towards the Australian dollar declining even further in 2022 after touching a two-year low this month amid concerns over slowing economic growth. Commonwealth Bank of Australia sees the currency declining to 65 cents versus the greenback by December, from about 68.6 cents last week. Leveraged funds, which were betting on gains as recently as May, are ...