Australia to purchase U.S.-made 'killer drones'
SYDNEY -- Australia will equip troops with U.S.-made Switchblade 300 drones, the government announced on Monday, amid a broader effort to increase unmanned military aerial systems.
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HSBC lends $23m for Malaysian firm's Vietnam solar project
HO CHI MINH CITY -- HSBC and Leader Energy of Malaysia have inked a financing deal worth 593 billion Vietnamese dong ($23.3 million) for a solar power plant in the southern Vietnamese seaside province of Binh Thuan.
Tesla shares wipe out loss for the year with 27% rally this week
Tesla's stock price rose enough on Friday to wipe out its loss for the year and bring its gain for the week to 27%.
Indonesia and US seal US$35 million coral reef debt swap
The United States has agreed to forgive US$35 million of Indonesian debt over the next nine years, the US Treasury said on Monday, in return for the Southeast Asian country restoring and preserving coral reefs in what experts estimate is the world’s most biodiverse patch of ocean.
Japan Navy helicopters’ fatal crash caused by inadequate instructions to crew, says probe report
TOKYO (AP) — Lack of instructions to the crew and their failure to keep a lookout and communicate led two Japanese navy helicopters to collide during training, killing all eight people on board, a Japanese navy report said Tuesday.
Australia accuses Hainan-based hackers of prowling sensitive computer networks
The Australian Signals Directorate singled out the APT40 hacking group in a detailed, technical advisory note that unpicked its evolving tradecraft.
Singapore’s US$288 billion Temasek stays bullish on China – targets US, India for growth
In its annual review, the fund announced a S$7 billion (US$5.18 billion) increase in its net portfolio this week, cementing its status as the world’s 11th largest sovereign wealth fund, according to Global SWF, a platform that tracks such funds.
Malaysia mulls ‘suitable timeline’ on petrol subsidy cut plan after poll rout
Malaysia’s government said it was still evaluating its plan to slash petrol subsidies, barely a week after it was routed at a state by-election when voters expressed their discontent over persistently high living costs linked to earlier subsidy cuts.