Oceania

US, Australia Introduce Uncrewed Underwater Manta Ray Drone

A new underwater drone has successfully completed its first trial, showcasing its ability to navigate through the depths of the sea without being detected.


Australia: Small Plane with 3 Aboard Takes Emergency Landing in Newcastle Airport Without Landing Gear After Burning Off Fuel

A small plane with failing landing gear landed safely after nearly four hours of circling a regional airport...

RBNZ Expects 2.3% Drop in New Zealand’s Q2 Inflation Rate

The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%...

Prominent Australian Businessman Dies After Head Repeatedly Hit With 'Blunt Object' Inside Home; Killer Still on the Loose

A man brutally beaten in his home in Queensland, Australia, before dying in a hospital 10 days later, has been identified as prominent businessman Jim Hill, and his killer is still on the loose...


Latest News

Australia's RBA cuts rates to record low, market hankers for more
Australia's central bank cut its cash rate to an all-time trough of 2.25 percent on Tuesday, breaking an 18-month hiatus on stimulus as it seeks to spur a sluggish economy while keeping downward press
Australia’s Crown Resorts drops Sri Lanka $400 million casino plan
Australian gaming mogul James Packer’s Crown Resorts Ltd. (CWN.AX) has scrapped a proposed $400 million luxury hotel and resort development in Sri Lanka after Colombo's new government withdrew approva
Asia shares inch ahead, euro steady as Fed meets
Most Asian share markets firmed on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece's election outcome without too much disruption.
Copper suffers meltdown on growth anxiety, euro on defensive
Unease over the global economy engulfed commodities and dented Asian equities on Wednesday, while the euro loitered near nine-year lows as investors bet the European Central Bank was just a week away
Dollar slips with yields, oil still dropping
The U.S. dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, though turnover was light with Tokyo on holiday.
Macquarie in exclusive talks to buy planes from lessor AWAS for more than $4 billion: sources
Australian bank Macquarie Group Ltd's aircraft leasing subsidiary is in exclusive talks to buy a portfolio of new planes from Dublin-based lessor AWAS for more than $4 billion, according to people fam
Euro dives to nine-year low as U.S. dollar surges
The euro tumbled to its lowest since early 2006 in Asia on Monday as a wave of stop-loss sales were tripped on the break of major chart support, sending the U.S. dollar flying higher against a range o
China factory slowdown a force for disinflation, Asia faces softer demand
China's growth engine looks to have ended last year on a flat note as its massive factory sector sputtered in December, though ebbing price pressures also offered scope for more policy stimulus from B
Euro starts new year at new lows in Asia
The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, so underlining the
China stocks top performers in 2014, oil plunges, dollar sees best gain in nine years
Chinese stocks were celebrating their best year in five on Wednesday while markets elsewhere in Asia were ending 2014 on a cautionary note as worries about Greece's future in the euro zone served as a
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