The agreement, finalized in November, involves the sale of Cheongung M-SAM II to the Saudi defence ministry. This marks the second international sale of Cheongung-II missiles, following a previous deal with the United Arab Emirates (UAE) in January 2022.
Despite a decline of 8.2 per cent in worldwide sales to $526.8 billion last year, the industry is expected to experience a robust recovery in 2024, with sales projected to soar to nearly $600 billion.
Financial instability in the real estate sector has global implications, as evidenced by recent events involving Japanese lender Aozora Bank Ltd. and New York Community Bancorp.
The decision to reconsider the Bank of Japan's holdings of risky assets, a key component of its quantitative easing strategy, comes at a crucial juncture. The central bank has been striving to achieve a 2% inflation target, a goal that has proven elusive in the face of economic challenges and global uncertainties.
Netflix is set to captivate audiences in 2024 with a stellar lineup of Korean content, including new seasons of hits like Squid Game and Single's Inferno, along with highly anticipated films like Parasyte: The Grey and My Name Is Loh Kiwan.
Traditionally, these joint exercises between Japan and the U.S. have refrained from explicitly naming potential adversaries, opting for generic scenarios. However, in a significant shift, this iteration of Keen Edge has chosen to centre its hypothetical scenario around Taiwan, with sources indicating that China is the presumed adversary.
Popular models such as the Land Cruiser and the Hiace are among those impacted by the production halt, which was initially scheduled until Monday. Toyota will decide on Thursday whether it can resume production from Feb 12.
One of the key components of the Coast Guard's strategy involves the intensification of patrolling activities. The deployment of 55-60 surface assets on a daily basis underscores the organization's unwavering commitment to ensuring the safety of maritime traffic.
Kazakhstan is actively seeking higher foreign direct investment (FDI) from India following a substantial increase in foreign investments in the country during the first half of 2023.
The Indian government's focus on fostering a conducive environment for smartphone exports is seen as crucial amid global tensions, positioning the country as a significant player with a large internal market and a capable labour force for device production.
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