Japan H3 rocket fails, destruct command issued

JAPAN’S next-generation H3 rocket failed after liftoff today, with the space agency issuing a destruct command after concluding the mission could not succeed. The failure is a blow for Japan’s space agency Jaxa, after the rocket failed to even lift off on its first try last month. 

MCMC mulling action against Awesome Broadcasting

THE Malaysian Communications and Multimedia Commission (MCMC) is considering regulatory action against Awesome Broadcasting Sdn Bhd following a possible violation of section 36 of the Communications and Multimedia Act 1998. In a statement today, MCMC said any broadcasting operation by television stations must comply with the rules and licensing conditions set out in the Content Application Service Provider Individual […]

Australian central bank lifts rates to 11-year high

AUSTRALIA’S central bank today hiked interest rates to a 11-year high, putting mortgage holders under mounting pressure as it tries to curb inflation.  The Reserve Bank of Australia lifted borrowing costs by 25 basis points to 3.6%, marking the 10th successive increase.