Australia probes Nauru-China business deal

Australia was Tuesday investigating whether Pacific microstate Nauru breached a security treaty by inking a lucrative business deal with a Chinese company. Nauru. File photo: SlimMars/Pexels. Nauru last week announced it had signed a US$650...

FFA receives US$6m from US under Economic Assistance Agreement

HONIARA: The Pacific Islands Forum Fisheries Agency (FFA) on Friday received the US$60 million payment for 2024, under the Economic Assistance Agreement (EAA) associated with the Treaty on Fisheries with the Government of the United States of...

Australia to probe $1b Chinese company deal with Nauru

Commonwealth takes Nauru bank service

PORT development in Palau will boost the United States military capabilities in the region. The US Department of Defence announced plans to rehabilitate an 80-year-old dock at a cost of $USD12 million. This is one of several infrastructure...

Nauru secures $651M socio-economic development project with Chinese company

YAREN/BEIJING (Government of Nauru/Pacnews) — Nauru Minister for Foreign Affairs Lionel Aingimea, and chairman of the China Rural Revitalization and Development Corporation, Zhang Yong signed on Aug. 5 a phase 1 investment project proposal valued...

Pacific Water Ministers Meeting Concludes with Strong Regional Commitments

Wednesday 27 August 2025, Honiara – The Ninth Pacific Water and Wastewater Ministers (PWWM) Meeting concluded yesterday in Honiara, with ministers from 14 Pacific Island countries and territories committing to urgent action to strengthen water and...

PM Rabuka’s Visit Adds New Momentum to India-Fiji Relations

India and Fiji’s bilateral relations are deeply rooted in shared history, cultural ties, and a strong diaspora presence. Overlapping strategic concerns, shared economic interests, and efforts to integrate with the Indo-Pacific economic...

US Sides with Nauru on Deep-Sea Mining, Splitting Pacific Leaders

By: Bernadette Carreon NAURU – The United States has thrown its weight behind Nauru’s push to fast-track deep-sea mining, backing a Canadian partner’s bid despite warnings from other Pacific nations about risks to fragile ocean ecosystems. The...

Americans trade snow for sand — and a second passport

United States buyers are heading to the Caribbean not only for a seasonal and enjoyable vacation but also to purchase properties. Americans’ purchase of properties on some islands has increased significantly. While making these purchases, the...

Showcasing the ‘Hidden Treasures of the South Pacific’ to Australian travel trade

PTI Australia is supporting some of the Pacific’s most remote nations to strengthen their presence within the Australian travel trade through participation in the 2025 Treasures of the South Pacific (ToSP) Roadshow. By equipping travel agents with...

The Metals Company (TMC) Stock Sinks On Q2 Earnings Miss

The Metals Company Inc TMC shares are tumbling in Thursday’s after-hours session after the company reported financial results for the second quarter. Here’s what you need to know. TMC is down after-hours. Watch the momentum here. Q2 Highlights:...

Nauru sells first passports to help fund relocations as sea levels rise

Australia's Pacific neighbour, Nauru, has sold its first passports as part of a program raising funds for the relocation of residents affected by rising sea levels. The tiny island nation launched the scheme in February but it only approved its...

FinCEN Targets Three Mexican Financial Institutions for Fentanyl Trafficking

[co-author: Andrew Bonney] Summary: Situation Overview: The U.S. Financial Crimes Enforcement Network (FinCEN) cited recent fentanyl-related legislation to impose a previously unused sixth special measure, prohibiting the transmittal of funds by...

Biomanufacturing: Scale-up vs Scale-out Economics

Thank you for your interest in the webinar! Check your inbox for an email with instructions on viewing the on-demand presentation. Oops something went wrong. Watch Now {"LSQLeadFields":[{"Seq":1,"Name":"First...

Nauru grants first citizenship through investment scheme

The Nauru citizenship by investment scheme allows investors to secure Nauru citizenship for US$105,000 within four months of their application. Photo: RNZ Pacific/123RF Nauru has announced its first "climate citizens" - people taking up...

Donald Trump trade tariffs: Country-wise, product-specific taxes. Check full list

U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10 per cent on all imports to the United States, as well as additional duties on...

Pacific news in brief for 27 August

Last week, the Nauru government announced it signed a project proposal of about $1 billion with a Chinese company. Photo: Facebook / The Government of the Republic of Nauru Nauru/Australia - security Australia is pushing to ratify a security...

Bendigo bank cease operations in Nauru, Commonwealth Bank of Australia opens...

Last Friday, Nauru’s only banking service, Bendigo Bank officially concluded its operations in the island nation, making way for the Commonwealth Bank of Australia (CBA) to begin services today. Bendigo began winding down its services last week,...

Economic stability key in Pacific: Australian Foreign Minister Wong

— Australian Foreign Minister Penny Wong has recommitted to maintaining the regional processing centre on Nauru, which accounts for more than half of the island country’s budget. Revenue from the processing centre accounts for $135 million (US$95...

US Tariff Rates

US President Donald Trump on Thursday signed a sweeping executive order imposing higher tariffs on several nations and the 27-member European Union, significantly escalating his administration’s global trade offensive. The order, titled "Further...