South Korea announces major ambitions for its defence industry. What does Seoul’s focus on American ships and locally produced chips tell us? Then: European retailers are creating communities in the US market. Is this the future of luxury? 

<p dir="ltr">South Korea announces major ambitions for its defence industry. What does Seoul&rsquo;s focus on American ships and locally produced chips tell us? Then: European retailers are creating communities in the US market. Is this the future of luxury?&nbsp;</p>

A pacy round-up of the day’s main news stories, anchored from London by a Monocle editor. The show features informed reporting, prescient business analysis and invaluable industry reports covering everything from technology to aviation and retail to media.

<p>A pacy round-up of the day’s main news stories, anchored from London by a Monocle editor. The show features informed reporting, prescient business analysis and invaluable industry reports covering everything from technology to aviation and retail to media.</p>