Australia-based Airwallex is the latest tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion.
As the US-China trade war rages on, two Chinese tech companies are facing a new headache: Australia’s government has joined the US in effectively banning its wireless carriers from buying gear for 5G networks from Huawei and ZTE.
(CNN)Australia’s Malcolm Turnbull has been ousted as prime minister following a week of chaos in the capital, as the nation watched the ruling Liberal Party tear itself apart over ideological differences.
Asian stocks fell with U.S. equity-index futures and the yen advanced as investors assessed prospects for continuing trade tensions between U.S. and China. Turkey’s lira climbed after Recep Tayyip Erdogan claimed victory in the weekend’s election.
(CNN)Australians trust US President Donald Trump less than Chinese President Xi Jinping, and many view Trump’s presidency as a “critical” threat to their country, according to a national survey published Wednesday.