Headlines

S Korea muscling into SE Asia’s open arms market

South Korea’s Hanwha Aerospace has agreed to export 20 K9 howitzers to Vietnam in a deal worth US$250 million, according to multiple news reports in mid-August. The first indicators of a potential deal emerged in March 2023, when Vietnam’s Minister for Defense, General Phan Van

GAAP gap: US reporting rules tripping up Japan Inc

As major Japanese multinationals continue to expand in the US, one critical but underappreciated issue has come to the fore: a significant lack of Generally Accepted Accounting Principles (GAAP) expertise within their American subsidiaries. A recent KPMG analysis highlights

Giuliani out of the hospital after car crash, son says

Former New York City Mayor Rudy Giuliani left the hospital Monday after undergoing treatment for injuries from a car crash in New Hampshire over the weekend, his son said. “I'm happy to report that he got out of the hospital today. He’s walking, thank God," the former mayor's

UK sets out support for Afghanistan earthquake victims

LONDON (Reuters) -Britain set out emergency funding support for those affected by the recent earthquakes in Afghanistan, saying it would ensure that the aid does not go to the South Asian country's current Taliban administration by channelling it through its partners. Sunday's