Despite China’s talk, the South Korean news report reiterates suspicion by Tokyo, Seoul and Washington that China has been actively aiding, bolstering and conducting business with its ally – North Korea. Following a South Korean news report that Chinese vessels… Read More ›
military
Trump pulls up China over cheap steel import
The Trump administration has taken China to task for its strategy of dumping cheap imports, in this case steel, into other countries as a policy. Citing national security concerns, U.S. President Donald Trump has launched a probe against exporters of… Read More ›
South Korean court allows Italy’s Fincantieri to become a preferred bidder for STX France
The French state has a 33% stake in STX France. Last year, STX France delivered the largest passenger ship ever built – the ‘Harmony of the Seas’. A spokesman for South Korea’s court has reported that the court had given… Read More ›
Lockheed Martin wins contract worth $1.45 billion for Patriot missiles system: Pentagon
The contract includes providing ground support, supplying spare parts and provide Patriot missiles for a host of countries. The Pentagon has disclosed that Lockheed Martin Corp has won its contract worth $1.45 billion to manufacture Patriot missiles, for spare parts… Read More ›
Europe to boost defence spending
Facing threats from several fronts, military commanders from NATO and EU have decided to boost military spending. Top European military & NATO officials gathered in Berlin to discuss ways to deal with threats facing Europe and address concerns raised by… Read More ›