(Bloomberg) -- Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder of the US Navy contractor ... higher in Sydney on Tuesday ...

Australia faces a 2025 deadline to pay the US $2.6 billion to assist with submarine shipyard improvement. Read more at ...

PERTH, March 16 (Reuters ... describing its deterrent role. Around 50-80 United States navy personnel will arrive by the middle of the year at Western Australia's HMAS Stirling base, which ...