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Hanwha Aerospace Stock Rallies on GE Deal, U.S.-South Korea Missile Agreement


Provided by
Dow Jones
By Kwanwoo Jun
Hanwha Aerospace Co. s shares rallied Tuesday after the South Korean company struck a $322.3 million deal to supply engine parts to General Electric Co.
The defense and aircraft-engine company s stock closed 13% higher at 48,950 won ($43.57), notching its biggest daily percentage gain since June 17, 2020.
Hanwha Aerospace said in a regulatory filing that it has signed a letter of intent to supply aircraft-engine parts to GE from 2023 to 2026.
The rally was also driven by the U.S. and South Korea agreeing over the weekend to lift Washington s restrictions on Seoul s missile development, IBK Securities analyst Lee Sang-hyun says. ....

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Introducing nuclear weapons not ideal against North Korea's nukes


Introducing nuclear weapons not ideal against North Korea s nukes
Posted : 2021-05-14 16:59
Updated : 2021-05-14 19:27
Moon Chung-in, chairman of the Sejong Institute and vice chairman of Asia Pacific Leadership Network for Nuclear Nonproliferation and Disarmament, delivers a keynote speech during a webinar titled Assessing Northeast Asia Nuclear Domino: North Korean Nuclear Threat and South Korean Responses. Friday (KST). Captured during the webinar
By Jung Da-min
Military buildup such as introducing U.S. tactical nuclear weapons or a NATO-style nuclear sharing system is not the right answer for South Korea to deal with growing nuclear threats from North Korea, according to diplomatic experts, Friday. ....

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