Telcos are talking up efforts to transform themselves into tech players, touting advances in AI, 5G and 6G networks, ...

Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder in the company, as the Korean defense firm aims to bolster its reach.

South Korean conglomerate Hanwha said Monday it will invest 337 billion won (US$232.9 million) in its Australian subsidiary ...