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STX France lands major luxury liner order

An ailing French shipyard landed a multi-million-dollar contract Thursday as a US cruise company announced it was ordering a massive luxury liner from STX France at Saint Nazaire.
28 December 2012 15:17

S. Korea cuts growth outlook for 2012, 2013

The South Korean government on Thursday slashed the nation's growth outlook for 2012 and 2013, citing the eurozone debt crisis and US fiscal woes that continue to dampen global demand.
28 December 2012 14:36

Storm leaves five dead in Philippines

Tropical Storm Wukong left five people dead and three missing as it cut through the central Philippines, following devastating Typhoon Bopha that killed hundreds earlier this month.
28 December 2012 12:22

Philippines to buy three naval helicopters

The Philippines said Thursday it would buy three naval helicopters from an Anglo-Italian manufacturer as part of its military modernisation programme amid a territorial dispute with China.
28 December 2012 10:45

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