No cryptocurrency ban: South Korea backtracks after wave of criticism
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(NYSE:JPM) Rating Increased to Buy at Buckingham Research
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Lockheed enhances capability of its Aegis missile-defense system
12 January 2018, 10:26 | Joann Bryant
State Department Approves Possible $133.3 Million Missile Deal With Japan
A State Department official said the potential sale would enhance Japan's Maritime Self Defense Force's ability to "defend Japan and the Western Pacific from ballistic missile threats".
Onodera said he did not discuss in detail with Greaves expenses for introducing the Aegis Ashore, but felt USA "efforts to reduce the costs".
Japan's only current land-based ballistic missile defense is the Patriot system, including Patriot Advanced Capability 3 missiles-and the PAC-3 is more of a point defense system, with much shorter range.
A majority of Japan's spending will go towards US-built equipment, a move sure to placate the Trump administration which called on Japan and other USA allies to increase their defence spending.
The White House has greenlighted the sale of four interceptor missiles that Tokyo wants to buy from Washington to "fundamentally" improve its defenses.
"As North Korea has not changed its stance of continuing nuclear and missile development, Japan believes that it is important to increase the global community's pressure on North Korea under the leadership of Japan, the United States and the ROK while maintaining close co-operation between the three countries", the minister said. Each can hold a maximum of eight SM-3 interceptors. North Korea has twice flown two ballistic missile tests over Japanese territory and landed its last ICBM test on November 28 in the Sea of Japan within 200 nautical miles of the Japanese coast. He argued that the continuation of a nuclear-armed North Korea was "absolutely unacceptable". The engage-on-remote system will be introduced to the two new vessels scheduled to be completed in fiscal 2019 and 2020 at a cost of about ¥170 billion each.
Japan will have a fleet of eight Aegis destroyers in 2020, following the construction of new ships and upgrades to others.
Moscow criticized Japan's plans to expand its missile shield with Aegis systems, saying it could undermine bilateral relations "including negotiations on a peace treaty" that has not been concluded between Russian Federation and Japan since WWII.
Kenya Airways Celebrates First Steps of Nairobi-New York Flight
This convenient schedule will allow connections to and from over 40 African destinations through Kenya Airways hub in Nairobi. The announcement cements Kenya as a top investment hub in East Africa and firmly positions JKIA as the region's aviation hub.
ASUS is releasing an $1700 SKT T1 laptop in 2018
The backlit keys are individually programmable and there is a swappable, illuminated acrylic insert emblazoned with the ROG badge. The ROG Aura Terminal is a quad-channel addressable RGB controller that can enable synchronised lighting throughout your system.
Mormon church head Thomas Monson dies at 90
Though Prop 8 passed, it was eventually struck down as being unconstitutional, and that wasn't the end of Monson's anti-gay work. He lowered the qualifying age of missionaries for both men and women, sparking an increase in the number of missionary members.
Marathon Oil (MRO) Stock Rating Upgraded by Bank of America
Chico's FAS Inc. (CHS) in the last quarter reported its actual EPS of $0.13/share where the analyst estimated EPS was $0.13/share. It improved, as 73 investors sold MDT shares while 392 reduced holdings. 35 funds opened positions while 107 raised stakes.
Japanese PM kicks off six-nation European tour in Estonia
Japan's Chief Cabinet Secretary Yoshihide Suga said his participation in the games would depend on his parliamentary schedule. Security Council sanctions resolutions imposed over Pyongyang's nuclear and missile development programs, they said.