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Finance & Markets

Exosens's Photonis Defense Secures Contract From US Army

(RTTNews) - Exosens (EXENS.PA), a manufacturer of electro-optical technologies, Tuesday announced that its US subsidiary Photonis Defense has secured a first delivery order for 1,600 complete systems under the U.S. Army's Binocular Night Observation Device or BiNOD program.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Government's 800 Trillion-Won Budget Plan Clashes with BOK Rate Hikes

The South Korean government's decision to draw up an unprecedented budget exceeding 800 trillion won, or approximately $577.53 billion, is raising concerns over a potential clash with the Bank of…

  • South Korea plans 800 trillion won budget, 10% increase from previous year
  • Government budget aims to boost growth via major projects and household support
  • BOK's rate hikes conflict with fiscal stimulus, risking inflation

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