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Aerospace & DefenseS.Korea’s defense order backlog reaches record $73.1 billion at end-2024
South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 bill...
Feb 17, 2025 (Gmt+09:00)
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E-commerceKorean e-commerce platforms’ growth cools; Naver Shopping sales down
South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of C...
Feb 17, 2025 (Gmt+09:00)
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Shipping & ShipbuildingKorean shipbuilders to benefit from rising LNG, oil tanker demand
South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil...
Feb 17, 2025 (Gmt+09:00)
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Corporate restructuringLotte Chemical nears offloading Pakistani unit as part of restructuring
Lotte Group, South Korea’s sixth-largest conglomerate, is speeding up its business streamlining efforts amid mounting debt...
Feb 17, 2025 (Gmt+09:00)
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EconomyS.Korea’s default risk dips below pre-martial law levels
South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of i...
Feb 17, 2025 (Gmt+09:00)