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Markets 15 Sep 2017 | 1:25 AM Premium

Asian and US stocks drop, yen gains after N. Korea's missile launch

TOKYO: U.S. stock futures and Asian stocks dipped and the yen rose after North Korea fired another missile over Japan into the Pacific Ocean on Friday, in a sign that Pyongyang remains defiant despite tightening international sanctions.

Forex 29 Aug 2017 | 12:59 AM Premium

Asian markets tumble, yen gains after N.Korea fires missile over Japan Tuesday

TOKYO: U.S. stock futures and Asian share markets tumbled on Tuesday, while the yen jumped to four-month highs against the dollar after North Korea fired a missile over northern Japan, setting up a tense start to trading for markets in the region.

Markets 15 Apr 2018 | 10:42 PM Premium

Wall Street futures rise, shrug off allied missile attack on Syria

NEW YORK: U.S. equity index futures rose on Sunday as financial market trading resumed for the first time since the United States, Britain and France hit Syria with missile strikes in retaliation for a suspected poison gas attack.

M&A 19 Sep 2017 | 12:00 AM Premium

Northrop Grumman to buy missile maker Orbital for US$7.8bil

BENGALURU: US defence contractor Northrop Grumman Corp said it would buy missile and rocket maker Orbital ATK Inc for US$7.8bil in cash, giving it access to lucrative contracts with NASA and the US Army.

Markets 29 Aug 2017 | 7:58 AM Premium

Stocks tumble, yen gains after N.Korea fires missile over Japan

TOKYO: U.S. stock futures and Asian share markets tumbled on Tuesday, while the yen jumped to four-month highs against the dollar after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang.

Forex 30 Aug 2017 | 9:19 AM Premium

Dollar recovers, world stocks gain as N.Korea missile fears recede

LONDON: The dollar came off a 2-1/2 year low and world stocks rose on Wednesday after the United States' measured response to North Korea's missile test soothed jittery investors who turned their focus to positive economic data.

Markets 03 Mar 2017 | 1:52 AM Premium

South Korean stocks hammered over fears of Chinese retaliation for missile system

SEOUL: South Korean stocks were pummeled in early trade on Friday after media reported China had ordered tour operators to stop selling trips to the country, amid rising tensions over the deployment of a U.S. missile defence system.

Corporate News 18 Apr 2018 | 5:17 AM Premium

Norway's Kongsberg secures RM600m missile job from Malaysian navy

KUALA LUMPUR: Norway's Kongsberg Defence & Aerospace AS has secured a 124mil euros (RM597.23mil) from the Malaysian navy to deliver naval strike missile (NSM) to the latter's six new littoral combat ships.

Markets 15 Sep 2017 | 2:41 PM Premium

Wall St unmoved by economic data, N. Korea missile test

NEW YORK: US stocks were little changed on Friday, but the Dow eked out another record high, as investors shrugged off North Korea’s latest missile test and domestic economic data that did little to move the needle on the timing of an interest rate hike.

Markets 11 Sep 2017 | 4:46 AM Premium

Asean stocks edge up as N. Korea holds back on missile test

SINGAPORE: Southeast Asian stock markets ticked up on Monday as investors heaved a sigh of relief after North Korea held back on a missile test, with Vietnam hitting an over 9-1/2-year high.