Shipyard worker at the Austal USA yard in Mobile, Ala., looking on Independence-class Littoral Combat Ship Augusta (LCS-34). USNI News Photo A South Korean shipbuilder this week purchased a stake ...

(Bloomberg) — Hanwha Aerospace Co., one of Asia’s top-performing stocks this year, plunged after disclosing a plan to raise 3.6 trillion won ($2.5 billion) in what would be South Korea’s biggest share ...

Hanwha Group has acquired a 9.9% shareholding in Austal as the Group seeks to become a long-term strategic partner with Austal in developing Australia’s defence industry capability. Hanwha has today ...

THE Filinvest Land Inc. (FLI) listed last Wednesday its P12-billion bonds at the Philippine Dealing and Exchange Corp., as the company said it completes a fund raising activity for its development ...

In extended retail trade, which encompasses vehicles, motorcycles, parts and pieces and construction material, volume of sales increased by 2.3% in January. The quarterly moving average was -0.2%.