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Asia-Pacific News Southeast Asia

  • WASHINGTON— The Trump administration has authorized the sale of unarmed surveillance drones to India, the manufacturer said Friday, as the two nations' leaders prepare for their first face-to-face meeting. India initiated its request to buy 22 Guardian MQ-9B unmanned aircraft for maritime surveillance last year. India reportedly wants the drones for...

  • MONDAY, JUNE 26 ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The...

  • June 23- The United States government has approved the sale of a naval variant of the Predator drone made by General Atomics Aeronautical Systems Inc to India, the U.S.-based company said on Friday. India has been looking to buy 22 of the unarmed surveillance aircraft, MQ-9B Guardian, worth more than $2 billion to keep watch over the Indian Ocean.

  • WASHINGTON— The Trump administration has authorized the sale of unarmed surveillance drones to India, the manufacturer said Friday, as the two nations' leaders prepare for their first face-to-face meeting. India initiated its request to buy 22 Guardian MQ-9B unmanned aircraft for maritime surveillance last year. India reportedly wants the drones for...

  • BERLIN, June 23- Berlin is lobbying for German firms to win business revamping India's creaking railway network, one of several countries attracted by the scale of India's transport needs and which are campaigning to export their technology. The economy ministry said on Friday it had agreed to finance a government feasibility study into a high-speed rail...

  • BERLIN, June 23- Berlin is lobbying for German firms to win business revamping India's creaking railway network, one of several countries attracted by the scale of India's transport needs and which are campaigning to export their technology. The economy ministry said on Friday it had agreed to finance a government feasibility study into a high-speed rail...

  • BERLIN, June 23- Berlin is lobbying for German firms to win business revamping India's creaking railway network, one of several countries attracted by the scale of India's transport needs and which are campaigning to export their technology. The economy ministry said on Friday it had agreed to finance a government feasibility study into a high-speed rail...

  • BERLIN, June 23- Berlin is lobbying for German firms to win business revamping India's creaking railway network, one of several countries attracted by the scale of India's transport needs and which are campaigning to export their technology. The economy ministry said on Friday it had agreed to finance a government feasibility study into a high-speed rail...

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • COLOMBO, Sri Lanka— State hospitals in Sri Lanka were paralyzed Friday as doctors went on strike to demand that a private medical university be shut down, saying it could jeopardize health care standards in the island nation. Thilak Prasanna, a retired government employee, said he had to return home without undergoing a minor stomach operation at a government...

  • KUALA LUMPUR, Malaysia— The Chinese owner of Sweden's Volvo Cars will inject $40 million into Malaysia's Proton as part of its purchase of a key stake in the automaker, an executive of the Malaysian company said Friday. Geely will bring its Boyue SUV platform, estimated to cost 290 million ringgit to Malaysia as part of its acquisition, DRB-HICOM group managing...

  • *Indonesia has ambitious plans to overhaul port network. JAKARTA, June 23- With its towering new cranes and wharves that can handle some of the world's biggest ships, Indonesia's main international port has been shaking off its reputation for inefficiency and congestion with a $2.5 billion upgrade. President Joko Widodo wants Indonesia to become a "global...

  • Travis Kalanick's resignation as Uber CEO could dent the company's ambitions in Asia amid stiff competition from local ride-hailing players, WSJ reported.

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • KUALA LUMPUR, Malaysia— The Chinese owner of Sweden's Volvo Cars says it has signed the final contract to buy a stake in Malaysian automaker Proton, gaining a platform to expand in Southeast Asia. Geely Holding Group's announcement Friday gave no financial details. Proton Holdings Bhd. was founded in 1983 by the Malaysian government to create a domestic auto...

  • Authorities around the world, including the United States, Switzerland and Singapore have looked into anti-money laundering breaches relating to 1MDB.

    Malaysia's sovereign rating may be in trouble in the near-to-medium term amid the nation's ongoing corruption saga, S&P Global Ratings has warned.

  • ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth...

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • PARIS, June 22- Boeing won a race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus. "The MAX stole the show," Ihssane Mounir, vice president of sales and marketing at Boeing's commercial aircraft division, said. Asked if Airbus had lost momentum after years in which...

  • *OPEC sources determined not to rush to deepen cuts. OPEC members appear determined not to rush into deeper output curbs despite market pressure. As a result, the oil market posted its worst performance in the first six months in two decades effectively signaling its refusal to accept the effectiveness of the OPEC statement and its desire for further...