A decision about the submarines is as much about foreign policy as defence, now that Mr. Carney is looking to greater trade and ties with Europe and Asia as a way to reduce reliance on the U.S., which has launched a damaging trade war on Canada.

South Korea launched its first 3,600-ton-class submarine, the ROKS Jang Yeong-sil, as Pyongyang ramps up efforts to build a nuclear-powered submarine and expand its naval power.

Navy and the Defense Acquisition Program Administration (DAPA) held a launching ceremony for the ROKS Jang Yeong-sil, the first KSS-III Batch-II submarine

South Korea launched its first 3,600-ton Changbogo-III Batch-II submarine, ROKS Jang Yeong-sil, in Geoje to strengthen naval deterrence against North Korea. Equipped with upgraded combat, sonar, and lithium-ion systems, it offers enhanced stealth, strike capabilities, and endurance. Delivery is set for 2027, with two more under construction.

The new 3,600-ton vessel represents a technological and strategic leap in South Korea’s submarine capabilities

A submarine, built by Germany's ThyssenKrupp Marine Systems (TKMS), moves through the Kiel Fjord, heading toward the Baltic Sea, off the coast of Kiel, Germany, on Sept. 1. TKMS is one of two companies shortlisted by Ottawa to compete on a multibillion-dollar contract to build up to 12 new submarines. Annegret Hilse/Reuters

US President Donald Trump wants to “Make American Shipbuilding Great Again.” And leaders at two South Korean shipyards say that, given the chance, they could do just that.

A multinational team monitoring the implementation of UN sanctions on North Korea says the country stole around 2.8 billion dollars in cryptocurrency from around the world between 2024 and September 2025.