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Labourers work at the installation site of a new railway track on the outskirts of Agartala, capital of India's northeastern state of Tripura, on Wednesday.  Picture: REUTERS

India pledges $137bn to modernise railways

India to spend $137bn to modernise crumbling railways, pledging to end vicious cycle of underinvestment

Sony plans to separate more businesses

Kazuo Hirai. Picture: AFP PHOTO/YOSHIKAZU TSUNO
1 day(s) ago

CEO Kazuo Hirai targets Sony’s highest earnings in 20 years with an emphasis on games, image sensors and entertainment to underpin a turnaround

Foreigners to pay penalties on Australian real estate

A resident in Sydney's newly developed suburb of Green Hills walks her dog on February 2.  Foreigner investors will have to pay new fees to buy Australian real estate, says Prime Minister Tony Abbott. Picture: REUTERS/JASON REED
1 day(s) ago

Wealthy foreigners, many from China, are blamed for driving up prices in Australian property markets

North Korean nuclear arms capacity set for rapid expansion

Kim Jong-un. Picture: REUTERS/KYODO
1 day(s) ago

Moderate projection for North Korea’s nuclear stockpile is for reach 50 bombs by 2020, says Johns Hopkins University researcher

Malaysian first lady draws flak

Rosmah Mansor, wife of Malaysia's Prime Minister Najib Razak, poses as she casts her vote during the general elections in Pekan. File picture: REUTERS
1 day(s) ago

Wife of Prime Minister Najib Razak widely mocked over reports she complained about pricey house calls from hairdressers and tailors


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