Fixed rates for home loans are down and likely to fall further, experts say

SINGAPORE: Interest rates on home loans have been declining since the start of the year and observers expect the trend to continue.

Fixed-rate home loans – which have interest rates that remain unchanged throughout a lock-in period – shot up past 4 per cent last year in Singapore, as the US Federal Reserve went on a rate-hike race to quell surging inflation. 

With the Fed poised to pause or even reverse policy tightening, banks have been cutting their rates on these loans, industry experts said.

DBS, Singapore’s largest lender, is offering fixed-rate packages at 3.75 per cent a year with lock-in periods of two to five years, a check of its website on Tuesday (May 30) showed. 

This is 0.5 percentage points lower than the 4.25 per cent offered by the bank in January.

At OCBC, two- and three-year fixed-rate mortgages are priced at a “promotional” 3.8 per cent. These loans were previously set at 4.25 per cent and 3.9 per cent respectively in January.

The rate for the bank’s one-year loan remains unchanged at 4.3 per cent.

UOB did not provide its rates when approached by CNA, but property portals listed its two- and three-year loans at 4 per cent per annum, down from last year’s peak of 4.5 per cent.

Among foreign lenders, HSBC has lowered its two-year fixed-rate mortgage to 3.6 per cent, while the three-year equivalent is set at 3.5 per cent.

Both packages were previously offered at 4.25 per cent in January.

Mortgage advisory firm Mortgage Master said loan rates are going as low as 3.38 per cent, although it declined to say which bank was offering the rate, citing privileged information.

“With inflation and employment data in the US softening, the US Federal Reserve has indicated a less hawkish stance,” said Mr Paul Wee, vice-president of PropertyGuru’s finance division. “Hence, it is likely that fixed rates will soften further.”

NO CHANGE IN FLOATING LOAN RATES

Fixed-rate mortgages tend to see bigger adjustments as banks weigh their hedging costs, experts said.

Hedging costs depend on market expectations for interest rates, with the cost going up as rates rise and vice versa, said Mr Wee.

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CNA Explains: Drier, warmer weather and possibly haze – What exactly is El Nino?

What is the impact of El Nino on the weather in Singapore?

During an El Nino event, Singapore can expect its rainfall to be affected significantly.

“El Nino events tend to have the biggest influence on Singapore’s rainfall during the southwest monsoon season from June to September, with rainfall up to 45 per cent below average,” the Met Service said.

“During the last strong El Nino event in 2015/2016, Singapore’s total rainfall from June to September 2015 was about 35 per cent below the long-term average.”

Temperatures will also rise during such an event.

“El Nino events also bring warmer temperatures to Singapore, with the warmest temperatures often occurring when El Nino events weaken typically in March to April the year following the start of the event,” the Met Service said.

“During the 2015/2016 El Nino event, Singapore’s average temperature over the June to September 2015 period was 28.8 degrees Celsius or 0.6 degree Celsius above its long-term average for that period.

“For the period from March to April 2016, Singapore’s average temperature was 29.2 degrees Celsius or 1.2 degrees Celsius above its long-term average for that period.”

The Met Service added that 2016 was one of Singapore’s hottest years on record, along with 2019.

Should Singapore expect transboundary haze?

The southwest monsoon period between June and September is typically the dry season for Singapore and the surrounding region.

An El Nino event and a positive IOD event could raise the intensity of this dry season and extend it into October, increasing the risk that haze will impact Singapore.

“Drier and warmer conditions are conducive to the development of peatland and vegetation fires,” the Met Service said.

“Therefore, hotspots could escalate from June 2023 under extended periods of drier weather, particularly in fire-prone areas.

“This will increase the risk of transboundary haze affecting Singapore if fires develop in close proximity and prevailing south-easterly to south-westerly winds blow smoke haze from the fires towards Singapore.”

On Monday, the meteorological centre of the Association of Southeast Asian Nations (ASEAN) also flagged a higher risk of escalated hotspot activity and transboundary haze in the southern ASEAN region from June to October.

The ASEAN Specialised Meteorological Centre (ASMC) made this announcement as it issued Alert Level 1, indicating the start of the dry season associated with the Southwest Monsoon in the southern ASEAN region.

Hotspot activity in the southern ASEAN region is presently still subdued, however, with 14 and 13 hotspots detected in the southern ASEAN region on May 27 and May 28 respectively, ASMC said.

A few localised smoke plumes were detected in parts of the region on some days in May, but no transboundary smoke haze occurrence has been observed so far.

NEA has convened the Inter-Agency Haze Task Force to review and prepare Singapore’s responses in case of transboundary haze, Minister for Sustainability and the Environment Grace Fu said in a Facebook post on Tuesday.

“As a precaution, Singaporeans may wish to make preparations to protect your loved ones, such as by ensuring that you have an adequate supply of N95 face masks and your air purifiers are in good working condition.”

Is climate change affecting El Nino?

According to the Royal Meteorological Society, it is unclear what effect climate change is having on ENSO.

“Because of the large event-to-event variations of El Nino, we don’t have enough past years of observations to show a clear impact of climate change on its properties,” the society said on its website.

“However, there is now some evidence that the effects of El Nino on rainfall may increase in the future and that we may even see more extreme ENSO events, but these remain active research questions.”

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Commentary: Think ChatGPT can write as well as a human? My students disagree

Others have argued that AI-powered writing tools can help users in several ways. They can check grammar and tackle writer’s block by generating an outline for an article. Outsourcing these tasks to AI allows writers to focus on the substance and content of their arguments or stories.

QUESTIONS OF HONESTY AND ACCOUNTABILITY

In addition to the Fort Siloso article that my students critiqued as impersonal, I also asked ChatGPT to write another version using a first-person perspective. It was similarly logical and decently written, but more engaging.

However, the article it generated was dishonest. In one paragraph, it wrote: “Upon entering the fort, I was greeted by a knowledgeable guide who gave me a brief overview of the fort’s history.” How can an AI programme write about a first-hand experience it never had, describing sights it never saw?

A few of my students also pointed out factual mistakes. Indeed, when my colleagues tested ChatGPT by asking it to write short bios of faculty members, many details included were wrong.

When I prompted it to write a literature review and to include a reference list, it listed references that I could not find, and cited articles for information not discussed in them.

If I had used ChatGPT to generate this commentary and it included factual errors, who should be held accountable for any mistakes?

Bylines are not just about acknowledging the efforts and unique voices of authors – they are also about accountability. They identify the writer responsible for what is communicated in the article.

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Commentary: Don’t dismiss the fury over Fukushima’s water

Pacific nations have a similar history. Though no country has suffered the death toll that Japan endured from nuclear weapons, the dozens of bombs tested in the Marshall Islands released energy about 5,000 times greater than that of those dropped on Japan. It left a grim legacy of cancers and birth defects.

Most Pacific nations became independent from their former colonial powers in the late 1970s and early 1980s, at a time when both the US and Japan were looking to the region’s vast spaces as a dump for radioactive waste. Fighting against those policies and establishing a nuclear-free zone south of the equator was a foundational event for many young nations, quite as much as pacifism was in post-war Japan.

Some circumspection earlier in the process might have paid off. It took China’s aggressive diplomacy in the region before Japan, the US and Australia started to reverse decades of neglect and began making serious attempts to woo and listen to Pacific island governments. 

As recently as 2015, then-prime minister Shinzo Abe told a delegation of island leaders meeting some 40km from the Fukushima plant “to support Japan’s effort without being misled by rumours”.

That sort of scolding response was thankfully absent in his successor Fumio Kishida’s summit on the sidelines of the Group of Seven meeting earlier this month with Prime Minister Mark Brown of the Cook Islands. Pacific leaders, in turn, appear to have been mollified by the greater transparency and dialogue.

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Ukraine is the loser in mutual overhead attacks

Everyone is excited that Ukrainian drones attacked a Moscow southern suburb on May 30th, but the excitement is much ado about nothing. Those drones did little damage, according to Russian reports: There were no serious casualties; one building was evacuated temporarily as a precaution.

The drone attacks on Moscow were puny when compared with massive Russian attacks on Ukraine the night before. According to reports from Russia of what happened in Moscow:

“A drone hit the upper floors of a residential building on Profsoyuznaya Street 98. The façade and glazing of the house were destroyed. There were no casualties.” 

“A drone also hit a 24-story residential building on Atlasova Street. The façade and glazing of the upper floors were destroyed. There were no casualties.” 

A UAV carrying three explosives flew into an apartment on the 14th floor of a building in Leninsky Avenue, but failed to detonate.

Moscow’s Mayor Sergei Sobyanin said that in all there were eight drones, of which five were shot down by the Pantsir air defense system and three jammed, thus going out of control and hitting the apartment buildings.

President Vladimir Putin had ordered Pantsir systems installed around Moscow this past January. A Pantsir system also was installed at the Putin summer residence in Sochi. Some of these installations are on rooftops, meaning that the Pantsir vehicles were removed for rooftop installations. By placing Pantsir on rooftops the field of view in urban areas is significantly improved

There is a video of one of the Pantsir units shooting down a drone over Moscow. That drone exploded in a fireball when it was hit.

According to Moscow, the type of drone is new and was produced by the Ukrainians. The Russians estimate these drones are long range and the drone’s wings were located on the drone body forward to allow the drone to carry more explosives.

Ukraine says it had nothing to do with the drone attack on Moscow. Ukrainian authorities also leaked that the drones were Chinese. Last year there were reports of some Chinese drones in Ukraine.

Most of those who saw this attack regarded it as retaliation for the intense drone and missile attacks on Kyiv. Concurrently with the drone attack on Moscow, the Ukrainians upped the shelling across the border areas in the direction of Belgorod, hitting at least three settlements.  

The real action, however, was over Ukraine, where Russian drones and missiles pounded Kyiv and a number of other locations.

The map below shows the targets of the Russian attack on the 29th of May:

The attack was heavy and, apparently, effective. There are reports that the US Patriot system in Kyiv was destroyed. The Patriot system was supposed to be sited at the Kyiv Zhuliany Airport and also near the Kyiv Zoo. Another location allegedly struck that may be a Patriot site is the Vasylkiv military air base, which was previously destroyed by the Russians on March 12, 2022. 

These reports are not confirmed as yet. Putin says that one of the successful Russian strikes was on the building in Kyiv housing Ukrainian military intelligence. According to the Russian government RT outlet, a number of Ukrainian command centers were destroyed in these attacks across the country.

One of the most important targets for the Russians was the 7th Tactical Air Brigade, which is based at a military airfield near Starokonstantinov in the Khmelnitsky area. The location in western Ukraine included Su-24M and Su-24 MR fighter-bomber jets that had been modified by the UK to carry Storm Shadow cruise missiles.

The Storm Shadow was developed by the UK and France and is a low-observable, long-range, air-launched cruise missile. It was designed by  Matra BAe Dynamics. That company was formed in August 1996 by merger of half the missile business of Matra Defense of France and BAe Dynamics (a division of British Aerospace) of the UK  Today Stormshadow is manufactured by MBDA Missile Systems. Stormshadow carries a 990 lb. (450 kg) conventional warhead.  The cost per missile is $2.7 million.

Own goal? Darwin Award candidate?

A story going around says that Ukrainian Defense Minister Oleksii Reznikov and his UK counterpart, Ben Wallace, the UK secretary of state for defense, published a celebratory postcard showing a picture of an Su-24 sporting the Storm Shadow cruise missile. A problem arose, however, because the postcard also showed, in the upper right-hand corner, the insignia of the 7th Tactical Air Brigade, thus enabling the Russians to know which aircraft had the Storm Shadow and where they were based.

On May 29 the Russians attacked the 7th Tactical Air Brigade in Starokonstantinov.  Five Su-24s were damaged or destroyed, and storage facilities for Storm Shadow missiles were hit in the Russian attack.  It isn’t clear if this is the only Storm Shadow-equipped unit but, in any event, the loss of the aircraft and missiles is a significant blow to Ukraine.

Stormshadow Postcard Signed by Ben Wallace, UK secretary of state for defense. Photo: Twitter

The Russian attack was something – a big enough deal to inspire, in the words of the Bard, “much ado.”

Stephen Bryen is a senior fellow at the Center for Security Policy and the Yorktown Institute. This article was originally published on his Substack, Weapons and Strategy. Asia Times is republishing it with permission.

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Myanmar coup: The soldiers refusing to fight

Defected soldiers in ThailandKevin Kim/BBC

The Myanmar military is suffering defections from its forces and is finding it hard to recruit. In exclusive interviews, newly-defected soldiers tell the BBC that the junta, who seized power in a coup two years ago, is struggling to suppress the armed pro-democracy uprising.

“No-one wants to join the military. People hate their cruelty and unjust practices,” says Nay Aung. The first time he tried to leave his base he was badly beaten with a rifle butt and called a “traitor”.

He managed to escape the second time and flee across the border to Thailand with the support of opposition groups.

“One of my friends is in the resistance,” he says. “I called him and he told people here in Thailand about me. I arrived here with their help.”

He’s now living in a safehouse along with 100 other newly-defected soldiers and their families. These men, who refused to fight their own people, are now in hiding so we are not using their real names. They’re being housed and protected by the very resistance movement they were ordered to fight.

A defected soldier lights a cigarette

Kevin Kim/BBC

Since the military seized power in a coup in February 2021, more than 13,000 soldiers and policemen have defected, according to the exiled National Unity Government of Myanmar (NUG). They are offering cash incentives and support to try and get more soldiers and police officers to switch sides.

At 19, Maung Sein is the youngest in the safehouse. He joined the military when he was just 15 years old.

“I admired the military,” Maung Sein says, and he wanted to make his family proud. But the military’s violent crackdown on the nationwide uprising demanding democracy has dramatically changed people’s view of men in uniform.

“We saw online people calling us ‘military dogs’,” he says – the animal term is one of the biggest insults in Myanmar. “That made me sorry and sad.”

Maung Sein says foot soldiers like him couldn’t disobey “orders from above” to “kill civilians and burn villages”.

But he also left because he thinks the military is in a weak position.

Ethnic armed organisations in the border regions alongside a network of civilian militia groups, called the People’s Defence Forces (PDF), are proving to be a much stronger force than many expected and the Myanmar military has lost control of large parts of the country.

In Magway Division and Sagaing Division, places that previously provided the military with many recruits, young people are instead joining the civilian militia.

Members of ethnic rebel group Ta'ang National Liberation Army (TNLA) take part in a training exercise at their base camp in the forest in Myanmar's northern Shan State

Getty Images

Before managing to defect, Maung Sein’s unit was ordered to “attack and destroy” a PDF training camp.

The operation didn’t go well. Seven of his fellow soldiers were killed before they were ordered to retreat. “They [the PDF] have a better strategy,” he says, “which makes them stronger.”

The PDF enjoys widespread public support and villagers provide intelligence about the military’s movements and shelter the young militia fighters.

Capt Zay Thu Aung

Andre Malerba/BBC

Capt Zay Thu Aung spent 18 years in the air force. He defected a year after the coup in February 2022.

“They are under attack across the country,” he says, reflecting on the state of Myanmar’s army, “and they don’t have enough men to fight back.”

This is why, he says, the military is increasingly using the air force.

In recent months the military has carried out devastating air strikes across the country. Since January there have been more than 200 reports of air attacks. The deadliest airstrike hit the Pa Zi Gyi village in Sagaing region in April, killing more than 170 people, including many women and children.

“Without the air force, it’s very likely that the military will fall,” Capt Aung predicts.

Like the other defectors, everyone in his family was proud of him when he was chosen as an air force cadet. In those times, he says, it was an honour to be part of Myanmar’s military. The coup, he says, “pulled us down the abyss”.

“Most of the people I lived with in the air force were not bad people. But since the coup, they’ve been acting like monsters.”

He’s the only one in his unit who has defected, though. Most of his friends have “kept fighting against my people”, he says.

Women holding banners, emergency flare sticks and fire sticks as they march during a demonstration against the military coup in Yangon in July 2021

Getty Images

Despite the Myanmar military’s critical role in the country’s affairs, its exact size is unknown. Most observers estimate at the time of the coup it was around 300,000 but now is much lower.

The resistance has used new technologies like video games alongside traditional crowdfunding mechanisms to raise money, much of it individual donations from the diaspora.

They have managed to raise significant sums this way but they lack access to military grade weapons or fighter jets.

The National Unity Government has offered to pay $500,000 (£405,000) to regime pilots or sailors who defect with a military aeroplane or navy vessel, but so far no-one has done this.

BBC iPlayer

With the Myanmar military strategy turning increasingly to the air, with devastating consequences, the BBC follows those fighting back.

And on BBC News on Sat 3 Jun at 04:30, 23:30 and Sunday 4 Jun 02:30 BST

Or listen to Assignment on BBC World Service

BBC iPlayer

Capt Aung says it’s not easy to leave after being “indoctrinated for years” and that he, too, feared being seen as a traitor.

“There is a saying in the Myanmar military that you leave when you’re dead.”

Russia’s role

Before defecting, Capt Aung worked on a major upgrade of the capital Naypyidaw’s airport to prepare for the arrival of advanced fighter jets from Russia, the Sukhoi Su-30M.

Capt Aung takes us through the satellite imagery of the airport. He shows us where he used to live and where he helped build three open sheds to house the six Sukhoi Su-30M’s ordered.

Satellite image of the sheds build for the Su-30 M's

Google Earth

These fighter jets represent “the most advanced aircraft in the arsenal of the Myanmar military,” says Leone Hadavi from Myanmar Witness, who has been monitoring the aircrafts the military is using.

He says the Sukhoi Su-30M is an advanced multi-role fighter jet that has both air-to-air and air-to-ground capabilities in the version that was exported to Myanmar.

It has a greater capacity to carry weapons than the Russian-made Yak-130s that have been regularly sighted in recent airstrikes.

Capt Aung says as part of the agreement two test pilots from Russia and a repair crew of 10 people would stay for “one year during the entire warranty period”. He was involved in building their accommodation.

Others from the Myanmar air force were sent to Russia. “Altogether more than 50 people were sent to be trained to operate these planes,” he tells us.

Two of the six fighter jets have arrived in Myanmar and been put on display at military parades. They have not yet been sighted in the conflict.

In the face of international sanctions and condemnation from its neighbours, the Myanmar military has become increasingly isolated. The latest round of UK sanctions in March attempted to target the military’s access to fuel.

But Russia – who has long-running ties with the Myanmar military – has stepped up to become their strongest foreign backer.

Russian President Vladimir Putin met Myanmar junta leader Min Aung Hlaing on the side lines of the 2022 Eastern Economic Forum in Vladivostok in 2022

Getty Images

The United Nations Special Rapporteur for Myanmar, Tom Andrews, says Moscow is by far Myanmar’s largest arms dealer. According to his report released in May, Russia has shipped over 400 million dollars’ worth of arms to Myanmar since the coup.

These come from 28 Russian entities, including state-owned ones. The report says 16 of those suppliers have been sanctioned by some countries for their role in Russia’s war in Ukraine. And that these weapons have been used to “commit probable war crimes and crimes against humanity” in Myanmar.

In the air, the people’s resistance is trying to fight back with drones.

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Khin Sein, 25, leads a team of female drone pilots who adapt civilian drones to drop home-made bombs on military targets.

She was a university student and took part in the mass protests sparked by the coup before taking up arms.

“We don’t have the resources like the military but we don’t dwell on this,” she says from her jungle camp.

“Compared with a plane, our drone is like a sesame seed. It can go far when you have many sesame seeds,” she says.

“If we fly high, like 300 metres above, they don’t even know that we are coming. So we can attack them effectively and they are scared of drones.”

Capt Aung in front of a laptop

Andre Malerba/BBC

From his hideout across the border in Thailand, Capt Aung now shares his air force intelligence with those like her, fighting for democracy.

“By listening to the sound at night, can we distinguish between a fighter jet and a civilian plane?” comes the crackled voice over Zoom in the back room of his house.

“We share our knowledge in the best way we can”, Capt Aung says after the meeting.

It is complex for him, “on a personal level, my brothers, friends and teachers whom I lived with, I have no hatred for them,” he tells us.

But this cause is bigger. “It’s not about individuals, we are fighting an institution.”

And he’s happy, he says because “I’m working for my country. I’ll support the revolution in whatever way I can until it’s over.”

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Ben Roberts-Smith: How war hero's defamation case has rocked Australia

Ben Roberts-SmithGetty Images

For months on end, Australia’s most-decorated living soldier sat stoically in a Sydney courtroom as dozens of witnesses accused him of war crimes, bullying peers, and assaulting his mistress.

But Ben Roberts-Smith was not the one on trial.

The 44-year-old had brought the case, suing three Australian newspapers over a series of articles in 2018 which he says defamed him. He argues they ruined his life by painting him as a callous man who had broken the moral and legal rules of war, disgracing his country in the process.

But the media outlets say they reported the truth, and have set out to prove it.

It is the first time in history any court has been tasked with assessing allegations of war crimes by Australian forces.

Warning: This article contains descriptions of violence which readers may find upsetting.

Lasting 110 days and costing up to an estimated A$25m ($16.3m, £13.2m), the trial has heard extraordinary and at times bizarre evidence about every facet of Mr Roberts-Smith’s life.

It sparked a media frenzy, captured national attention, and has made Mr Roberts-Smith the public face of accusations of Australian war crimes in Afghanistan.

After sifting through volumes of evidence, this week a judge is due to deliver a verdict in the historic case.

Hero or criminal?

When Mr Roberts-Smith finished his final tour of Afghanistan in 2012, he returned home a hero.

He received Australia’s highest military award – the Victoria Cross – for having single-handedly overpowered Taliban machine-gunners who had been attacking his Special Air Service (SAS) platoon.

More accolades and admiration followed. He was crowned Father of the Year in 2013, appointed to high-profile executive positions, given prestigious speaking engagements and featured in massive portraits in the Australian War Memorial.

But Mr Roberts-Smith’s shiny public image was shattered in 2018 when journalists Nick McKenzie, Chris Masters and David Wroe started publishing articles about his alleged misconduct in The Sydney Morning Herald, The Age and The Canberra Times.

The Queen meeting Ben Roberts-Smith

Getty Images

The newspapers claim Mr Roberts-Smith was involved in six murders of unarmed prisoners or civilians while deployed in Afghanistan between 2009 and 2012 – which he strenuously denies.

According to the newspapers, these included a handcuffed farmer the soldier had kicked off a 10m cliff – a fall which knocked out the man’s teeth, before he was subsequently shot dead.

Another was a captured Afghan teenager so terrified a witness recounted him “shaking like a leaf”. He told the court Mr Roberts-Smith later claimed to have shot him in the head, boasting it was “the most beautiful thing I’ve ever seen”.

The Federal Court also heard that Mr Roberts-Smith had used a machine gun to kill a captured fighter whose prosthetic leg was then taken as a trophy, and later used by troops as a drinking vessel. Other murders were ordered by him to initiate or “blood” rookies, the papers claim.

The Geneva Convention – international rules intended to limit the savagery of war – prohibits the torture, killing or cruel treatment of prisoners, while also offering protections to wounded and sick soldiers.

“Not a single one of the murders we allege… involved decisions that were made in the heat of battle… the ‘fog of war,'” said Nicholas Owens, a barrister for the newspapers.

But Mr Roberts-Smith says he has always honoured the rules of engagement. He argues five of the killings occurred legally during combat, and a sixth didn’t happen at all.

The former SAS corporal’s legal team argues the most serious allegations Mr Roberts-Smith faces were made up by jealous colleagues – “liars” and “gossips” – to smear him.

“What he did not expect was that having been awarded the Victoria Cross, he would have a target on his back,” his barrister Arthur Moses told the court.

The journalists had “jumped on the rumours like salmon jumping on a hook”, publishing them as fact, they said, arguing that the trial evidence – once weighed – would exposed them as inconsistent, “fanciful” and “salacious”.

A view of the village of Darwan in Afghanistan

Federal Court of Australia

To support their claims, the newspapers called witnesses including Afghan villagers, a federal minister, and many former or serving elite soldiers.

They ended up unearthing even more damaging allegations. One of Mr Roberts-Smith’s close friends – who gave evidence anonymously – said there were another three alleged murders in Afghanistan that Mr Roberts-Smith was accused of being involved in, in addition to those outlined in the newspapers’ case.

Much evidence was also devoted to claims Mr Roberts-Smith bullied peers. The war hero conceded he had punched a fellow soldier in the face in front of their entire patrol, but denied threatening another with “a bullet in the back of the head” if his performance didn’t lift.

But Mr Roberts-Smith’s versions of events were at other times corroborated by witnesses, along with official field reports, though the newspapers allege these were falsified to cover up crimes.

Astonishing evidence on other issues also emerged during the defamation case, including:

  • Admissions from Mr Roberts-Smith that he had set fire to several laptops to wipe his data
  • Claims he had buried classified information inside a child’s lunchbox in his backyard
  • Testimony from a private investigator that Mr Roberts-Smith had asked him to take the blame for anonymous, threatening letters to soldiers who were co-operating with war crimes inquiries.

Mr Roberts-Smith also watched on as his ex-wife Emma described the moment a woman with whom he’d had an extra-marital affair turned up at the family home, unannounced and nursing a black eye, saying she had become pregnant with his baby.

The woman – whose identity is protected – cried on the witness stand as she recounted the evening when she alleges Mr Roberts-Smith punched her in a hotel room, after she had embarrassed him at an event. He denies this and claims her injury was caused by a fall at the event.

Mr Roberts-Smith has not been charged over any of the allegations and no findings have been made against him in a criminal court.

‘Code of silence’

But the evidence also put a spotlight on the usually hidden world of the SAS.

In November 2020, a landmark report found credible evidence that Australian forces had unlawfully killed 39 civilians and prisoners in Afghanistan from 2007 to 2013.

The head of the Australian Defence Force said it laid bare an unchecked “warrior culture” among some soldiers – particularly within the SAS – who had allegedly taken “the law into their own hands”.

The trial heard from retired and serving SAS soldiers who said any potential misconduct was rarely reported due to a “code of silence” within the regiment, while others defended their actions as necessary.

Many giving evidence were there unwillingly, having been subpoenaed, and three refused to speak about some allegations fearing self-incrimination.

One soldier, who testified that he witnessed Mr Roberts-Smith execute someone, said he resented being compelled to give evidence against him.

“I still don’t agree with the fact [Mr Roberts-Smith] is here, under extreme duress, for killing bad dudes we went over there to kill,” he said.

Almost three years after the landmark Brereton Report, local media have reported more than 40 soldiers are being investigated for their roles in alleged war crimes, but charges have only been laid against one.

Angus Campbell

Getty Images

And so the judgement in Mr Roberts-Smith’s defamation trial is a huge moment for Australia – both legally and culturally – says Peter Stanley, the former principal historian at the Australian War Memorial.

Soldiers serving under Australia’s banner have almost certainly committed war crimes over the last century, he says, but up until this year none had ever been charged.

And while the broader population may not always agree with the wars Australia has fought, there has long been “great pride in the way in which [it] has fought – this is what’s known as the Anzac legend”.

“The Ben Roberts-Smith episode is just a precursor to the major series of war crimes investigations, allegations, prosecutions, and possibly convictions that we’ll see over the next few years,” he told the BBC.

“It certainly made [him] the litmus test.”

What happens now

The judge – Anthony Besanko – will first decide if the articles are defamatory, and if so, he’ll then consider any defences.

In Australia defamation is a civil matter, meaning the burden of proof is lower than the “beyond a reasonable doubt” standard required during criminal cases. The newspapers only have to prove the allegations are more likely to be true than not.

They argue that proving even one of the six murders alleged, to that standard, could be enough to win the case.

But the law says Judge Besanko must take particular care in weighing the strengths and weaknesses of the evidence if there are grave consequences for those involved.

The criminal allegations being made by the media outlets fell “at the very highest end of objective seriousness… [and] strike at the very heart of Mr Roberts-Smith’s morality and humanity,” the soldier’s barrister Arthur Moses said in closing.

The stakes are also high for the newspapers, with experts saying a loss could result in the highest defamation payout in Australian history.

“We need to remind ourselves that the legal case is not a war crimes trial,” Mr Stanley says.

“[But] there’s a lot riding on this outcome – it’s not just the reputation of one man, it’s our faith in the defence force… and our faith in the system of media that we rely on to give us a truthful and accurate version of the world.”

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Macau facing increased restrictions under expanded security law

A man wearing protective mask walks across a street in front of the Grand Lisboa Hotel in a residential district on February 5, 2020 in Macau, ChinaGetty Images

A new national security law has come into effect in the Chinese territory of Macau, widening punishments for any opposition to Beijing.

The legislation puts greater emphasis on preventing foreign interference in the special administrative region.

It expands on legislation first introduced in Macau in 2009.

Macau’s government says the changes are in line with legislation in Hong Kong, where Beijing has strictly tightened control following political turmoil.

The original national security law laid out seven major crimes such as treason, subversion, theft of state secrets and foreign collusion – with punishments of up to 25 years in jail.

Another of these offences, secession, has now been expanded to cover non-violent acts.

Meanwhile, opposition to any central government department and the ideology in Beijing can be punished under the updated definition of subversion.

Macau police also now have the power to target suspects outside the city itself.

Critics say the new law severely restricts people’s liberties and rights in the territory.

Jason Chao, former president of pro-democratic political party the New Macau Association, called it “deeply concerning”.

“Local journalists described the current situation as the ice age and unfortunately the ice age is going to get colder,” he told BBC World Service’s Newshour programme.

“The most worrying point is that people would not know whether or not they were committing a crime if they tried to criticise the government. We have observed how the national security law in Hong Kong has been vaguely interpreted,” he said.

Mr Chao added that it was unclear whether the authorities of Macau or those of mainland China would come after those deemed to have broken the law.

The former Portuguese colony of 682,000 people occupies a small peninsula and two islands off China’s southern coast.

It has a separate legal system from the Chinese mainland and the city has capitalised on its long history as a gambling centre, drawing many visitors from China and Hong Kong.

Since the handover from Portugal in 1999, Macau’s legislature has largely rubberstamped Beijing’s orders.

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Nvidia to turn Taiwan into a world-class AI hub 

Nvidia, a California-based graphic processing unit maker, is going to build a world-class artificial intelligence research center in Taiwan to accelerate its Omniverse project, a computing platform that supports 3D applications.

The announcement was made after the United States firm’s share price surged 24.6% to US$380.6 in a single day on May 24. On Tuesday, the valuation of Nvidia hit $1 trillion, making it the first US chipmaker to join the trillion-dollar club.

Because of this, Nvidia’s founder and chief executive Jensen Huang quickly gained the nickname “One-trillion man” in Taiwan, on top of his reputed status as the “godfather of AI.”

Nvidia’s shares had dropped by 50.3% to $146.14 at the end of last year from $291.11 a year earlier as the US kept tightening the export of high-end chips to China. Last August, the US government banned Nvidia from selling its A100 and H100 chips to China and Russia.

The shares have rebounded by 166% so far this year as the company vowed to invest in AI technology.

Nvidia will hire 1,000 people and invest up to TWD24.3 billion (US$790 million) in its new AI research center, or AI University, which will be jointly managed by the National Taiwan University. It has secured a subsidy of TWD6.7 billion from the Taiwanese government for this project.

Chip war takes a toll

Meanwhile, Huang told the Financial Times that further escalation of the chip war between China and the US would cause enormous damage to US companies . 

He said China will make more semiconductors itself if it can’t buy them from US companies. He said US lawmakers should be thoughtful while regulating or they will hurt the technology sector.

Huang also told a global media roundtable at the Computex Taipei industry expo on Tuesday that existing chip makers should continue to work hard to stay competitive and not underrate China’s ability to catch up in the industry.

He said China will cultivate its own chip companies amid the US sanctions, and that is why many GPU startups have been created in the country.

Currently, key Chinese GPU and AI chip makers include MetaX, Birentech, Enflame and Horizon. Many of these companies outsource their chip production to overseas foundries such as Taiwan’s TSMC.

Last October, media reports said Washington asked TSMC not to produce high-end chips for Birentech after the Shanghai-based firm claimed that its BR100, a 7 nanometer GPU chip, is faster than the A100 in AI processing.

China’s markets

In August 2022, Nvidia’s A100 and H100 chips were added to a US export control list as the government said the products could be routed to or utilized by a “military end use” or “military end user” in China and Russia. Nvidia was also barred from shipping its DGX, an AI server, to China if a unit contained one of the two chips.

Nvidia’s DGX system. Photo: Nvidia

At the same time, the US government also restricted sales of AMD’s MI250 Accelerator AI chip to China.

Last November, Nvidia said it would relocated its regional warehouse from Hong Kong to Taipei. It also introduced to the Chinese markets the A800, which is similar to the A100 but works at 400 gigabytes per second while the A100 operates at 600 gigabytes per second. Due to this difference, the A800 satisfies the US government’s export requirements.

Nvidia has a 60–70% share in the global GPU market while some cloud service providers, which develop application-specific integrated circuit chips, seize over 20% of the market, according to TrendForce, a Taiwan-based industry data provider.

Nvidia will be able to maintain its market dominance with a strong demand of its A100 in the US and A800 in China, as well as the growing demand arising from the development of chatbots and AI computations, said TrendForce analysts. Globally, GPU chip shipments will grow 46% year-on-year in 2023, they added.

Currently, Nvidia can still sell or ship high-performance computing hardware to China by obtaining a special export license. However, it remains possible that Nvidia will be banned from selling its A800 to the country one day.

Anton Shilov, a columnist at Tom’s Hardware, wrote in March that Nvidia will lose hundreds of millions of dollars in revenue if it cannot get licenses to sell the A800 and other products to Huawei and Inspur. He said it will not be easy for the company to replace these two Chinese customers with others.

His comments came after Inspur, the world’s third largest server maker, was added to the US Department of Commerce’s “entity list” in early March this year. Huawei has been on the list since 2019.

Two-year preparation

Nvidia has spent two years preparing for the launch of its Taiwanese AI project, which will help Taiwan nurture AI talents and offer a platform for academic use, said the Ministry of Economic Affairs. The project will be implemented within the five years ending March 2027, it said.

Separately, the company said Monday that it will build an AI cloud supercomputer in Israel for several hundred million dollars. The facility, supported by 800 technology startups and tens of thousands of software engineers, is expected to commence operation by the end of this year.

In a two-hour speech at 2023 Computex Taipei on Monday, Huang told an audience of 3,500 people about Nvidia’s AI development plan.

He said Taiwanese electronic makers can use Nvidia’s Omniverse, Isaac Sim and Metropolis to build virtual factories, simulate robots and conduct automated inspections, respectively. He also displayed how AI technology can be applied in online games, content generation and music production.

Read: China leads US in tech that matters most: report

Follow Jeff Pao on Twitter at @jeffpao3

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