FA-50 fighter

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, has inked a formal deal worth $3 billion to export light ...

South Korea’s SK Ecoplant Co., formerly SK Engineering & Construction Co., signed a stock purchase agreement (SPA) on Aug. 31 to invest $5...

Samsung Electronics Co. and other major South Korean companies have reduced their plant operations and capital expenditures as weakening demand amid...

South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp., clinched export dea...

Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...

South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...

KF-21 Boramae, South Korea’s first advanced supersonic jet fighter, successfully completed its first flight test on Tuesday more than six year...

South Korea plans to spend more cash on attracting foreign investments in high-tech and core supply chain industries as foreign direct investment to...

South Korea’s central bank on Wednesday took the most aggressive measure with a 50-basis-point policy interest rate hike for the first time in...

South Korea’s central bank is expected to raise interest rates by 50 basis points (bps) on Wednesday for the first time in history to cool dow...

South Korea’s inflation accelerated to a 24-year high last month, reinforcing expectations that the central bank may raise interest rates by 5...

Korea Aerospace Industries Ltd. (KAI), South Korea’s military aircraft manufacturer, is emerging a winner in South Korea’s sagging stock...

Hyundai Mobis Co., South Korea’s largest auto parts producer, expected orders from global carmakers excluding Hyundai Motor Group affiliates t...

South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...

Poland is moving closer to clinching a megadeal to buy South Korean weapons such as fighter jets, tanks and artillery amid the ongoing Russian war o...

South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...

Korea Aerospace Industries Ltd. (KAI), South Korea’s aerospace manufacturer, has agreed to join forces with Lockheed Martin Corp. to enter the...

South Korea’s leading fabless startup Rebellions Inc. announced Friday it raised 62 billion won ($50 million) in Series A or the first round o...

SK Group, South Korea’s second-largest conglomerate after Samsung, on Thursday announced a plan to invest 247 trillion won ($195 billion) in k...

South Korea’s major farm machinery maker is set to invest $20 million in manufacturing facilities in the US state of Georgia, to expand its bu...

South Korea's traditional winemaker Kook Soon Dang Co. has sold a total of 700 million bottles of its flagship Bekseju since its launch in 1992 as i...

US private equity investment giant KKR & Co. and IGIS Asset Management Co., the largest real estate fund manager in South Korea, will set up a j...

Kakao Entertainment Co. will launch a webtoon platform in Indonesia, the most populous country in Southeast Asia, to expand the business in the regi...

Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...

Samsung Biologics Co., a global contract development and manufacturing organization (CDMO) and a biotech division under the Samsung Group, is set ...

Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for two closed-end comming...

Nexon Co.'s Dungeon & Fighter Mobile has elbowed out NCSoft Corp.'s Lineage W to rank as the most popular Korean mobile game in the week since i...

Major South Korean companies such as Samsung Electronics Co. and Hyundai Motor Co. have accumulated more cash than ever before amid growing uncertai...

South Korean and overseas institutional investors are eyeing offices in Gangnam District, Seoul, amid concerns over inflation and market volatilit...

The share prices of the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc. each have room to rise by about 50% ov...