Brookfield emerges as the third suitor for Insignia, also offering A$3.07 billion and sparking a three-way bidding war for the Aussie wealth manager. Copyright 2025 Thomson Reuters.
Australia has granted Papua New Guinea a $570 million loan with conditions for stricter foreign investment screening to curb risky projects and China's influence.
Papua New Guinea's 2024 saw the country hit with civil unrest, natural disasters, political turmoil and inter-group violence.