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Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT

Asia Financial LogoAsia Financial1d ago

Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT - Asia Financial

Quick Summary:

Shares in Asian defence suppliers have soared amid expectation Europe will buy more military equipment, while Trump is also looking ramp up US shipbuilding to narrow the vast output and capacity gap with China

The post Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT appeared first on Asia Financial.

Hanwha announced on Tuesday that it has acquired a 9.9% stake in Australian shipbuilder Austal, which provides support to the US Navy and has a service centre in San Diego.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 15:50:20 (1 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 27194238

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 3 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 12 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

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  • URL: https://chronographically.beamstart.com/news/asian-defence-stocks-soar-as-17424867691245

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