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On August 19th, Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology, stated at the opening ceremony of the 2026 World Robot Conference that the operating revenue of large-scale robotics enterprises will exceed 300 billion yuan by 2025, with an average annual growth rate of over 20% in the past five years. In the first half of this year, revenue reached 165.5 billion yuan, a year-on-year increase of 24.5%. Robotics technology and products have been widely applied in all aspects of national economic and social development, becoming an important force driving high-quality development. The Ministry of Industry and Information Technology will focus on key industries with broad application space and strong demonstration effects, such as agriculture, healthcare, elderly care, and emergency response, and will organize categorized collaborative research and development between industry and application, conduct on-site application verification, and promote mature scenarios to accelerate the iteration and upgrading of new technologies and products through large-scale application in new scenarios.According to the official measurement of the China Earthquake Networks Center, a 3.7-magnitude earthquake occurred at 13:22 on August 19 in Haixi Prefecture, Qinghai Province (37.84 degrees north latitude, 95.62 degrees east longitude), with a focal depth of 10 kilometers.On August 19, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, held talks with Chilean Foreign Minister Pérez in Beijing. Wang Yi stated that China and Chile should maintain exchanges at all levels, consolidate high-level mutual trust, and continue to support each other on issues involving their core interests. China is willing to deepen cooperation with Chile around the APEC "Year of China" and accelerate the construction of the Asia-Pacific Community and the Asia-Pacific Free Trade Area. Both sides should strengthen the alignment of development strategies, steadily advance existing cooperation projects, further explore the potential for cooperation in areas such as artificial intelligence and the digital economy, and promote the upgrading of cooperation. They should enhance communication and collaboration, jointly advocate and practice genuine multilateralism, safeguard the international system with the United Nations at its core, play a constructive role in world peace and development, and promote the building of a community with a shared future for mankind.According to Al Arabiya TV: Iranian Parliament Speaker Qalibaf has arrived in Baghdad and will meet with Iraqi officials.On August 19th, the Zhuque-3 reusable launch vehicle successfully sent the "Honghu 03" satellite into its predetermined orbit from the Dongfeng Commercial Aerospace Innovation Test Zone, and also completed my countrys first-ever land-based recovery of the first stage landing gear of a launch vehicle. More than 1,000 kilometers from the launch site in Yizhuang, Beijing, the nations first open commercial aerospace tracking, telemetry, and command (TT&C) sharing platform—the Beijing Rocket Street Commercial Aerospace Intelligent TT&C Center—was officially launched that day, and conducted full-process tracking and control of the satellite and launch vehicle for this historic launch mission, achieving "Yizhuang rocket, Yizhuang satellite, Yizhuang TT&C."

The Australian Authority Suspends Orders For Two Permanent Investment Funds

Charlie Brooks

Nov 25, 2022 14:27

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Friday, the Australian securities regulator ordered a unit of asset management firm Perpetual Ltd to temporarily halt promoting or delivering two products to individual investors due to elevated market risks.


Perpetual is aiming to conclude a deal with EQT-owned Barings Private Equity Asia (BPEA) and Regal Partners, while being compelled by the court to launch its own takeover proposal for rival Pendal Group.


The Australian Securities & Investments Commission (ASIC) has ordered Perpetual Investment Management's Perpetual Pure Microcap Fund and Perpetual Geared Australian Share Fund to halt distributing interest and giving advice to retail investors for 21 days.


According to the regulator, the portfolios of the funds are exposed to extreme market volatility and carry substantial risks, increasing the potential that investors would sustain enormous losses.


"ASIC issued the interim measures to protect retail investors from engaging in funds that may not be appropriate for their financial objectives, circumstances, or needs," the regulator noted.


"The Australian Securities and Investments Commission is concerned that Perpetual did not appropriately consider these features and risks when choosing the wide target markets for the products."


The government expects Perpetual to take "immediate measures" to ensure compliance.


Reuters requested a response from Perpetual but did not receive a prompt reply.