defense export
Scope
Date
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Automobiles
Exports of Korea-made used cars to hit record high in 2025
South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand ...
Apr 29, 2025 (Gmt+09:00)
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Business & Politics
Seoul, Washington agree on July tariff deal framework in '2+2' trade talks
WASHINGTON, D.C. – South Korea and the US have agreed to work together to craft a comprehensive tariff-liberalization package by July 8, marki...
Apr 25, 2025 (Gmt+09:00)
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Economy
Korea’s Q1 economic contraction adds to stimulus expectations
South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...
Apr 24, 2025 (Gmt+09:00)
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Aerospace & Defense
South Korea’s renewed stock market darlings: Weapons makers
South Korea’s defense industry is once again capturing investor attention, as exports of tanks, armored vehicles and other weapons systems soa...
Apr 24, 2025 (Gmt+09:00)
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Economy
Trump’s tariffs are hitting exports, early Korean data show
The effects of President Trump’s new tariffs are starting to be felt across the world, preliminary South Korean trade data suggest, as Seoul p...
Apr 23, 2025 (Gmt+09:00)
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Economy
China bans export of Korean goods containing its rare earth metals to US
The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military con...
Apr 22, 2025 (Gmt+09:00)
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Aerospace & Defense
South Korean defense industry thriving on strong overseas demand
The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...
Apr 15, 2025 (Gmt+09:00)
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Korean stock market
NPS pours $3.9 bn to buttress Korean stock market
South Korea’s National Pension Service, the country’s largest institutional investor, has come to the rescue of the domestic stock marke...
Apr 14, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korea launches $27 mn fund to invest in K-beauty startups
South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty...
Apr 10, 2025 (Gmt+09:00)
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Beauty & Cosmetics
K-beauty defies trade headwinds as exports to China, US lead sales growth
South Korea’s beauty industry is mounting a powerful global push, defying trade pressures and economic uncertainties with a surge in exports t...
Apr 08, 2025 (Gmt+09:00)
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Beauty & Cosmetics
K-beauty exports to China rebound after 4-month slump
South Korea’s beauty industry is showing signs of recovery in China, with exports rebounding after four months of decline.The turnaround follo...
Apr 04, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...
Apr 03, 2025 (Gmt+09:00)
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K-pop
K-pop exports boom as end of Chinese K-wave ban looms large
Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, accordi...
Mar 31, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...
Mar 20, 2025 (Gmt+09:00)
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Business & Politics
Korea sees record February auto exports before looming Trump tariffs
South Korea enjoyed record February auto exports on strong demand in the US ahead of its looming tariffs, the government said on Tuesday, while the ...
Mar 18, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s Hanwha acquires 9.9% in Australia’s Austal
South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Aust...
Mar 18, 2025 (Gmt+09:00)
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Food & Beverage
Korean snacks mesmerize global consumers amid K-pop popularity
South Korea’s snack exports soared to a record high in February, surpassing $40 million for the first time, as global demand surged amid the s...
Mar 10, 2025 (Gmt+09:00)
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Automobiles
Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off
South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...
Mar 10, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Palantir chiefs discuss AI shipyard, defense technology
Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...
Mar 09, 2025 (Gmt+09:00)
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Economy
S.Korea logs current account surplus in Jan; Growth slows
South Korea reported a current account surplus for 21 straight months in January but with a moderated gain largely due to a contraction in the goods...
Mar 07, 2025 (Gmt+09:00)
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Business & Politics
Asia’s defense stocks climb on hopes of more European arms spending
Defense stocks in key Asian markets jumped on Tuesday, buoyed by expectations that European nations will boost security spending amid fears that the...
Mar 05, 2025 (Gmt+09:00)
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Korean food
China under spell of Korean spicy instant noodles; Samyang leads
South Korea’s spicy instant noodles are poised to captivate China, the world’s largest ramen market, with their shipments to the neighbo...
Mar 03, 2025 (Gmt+09:00)
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Economy
Korea’s weak exports add to Trump tariff risk woes
South Korea’s exports in the first two months skidded as sales to the world’s two largest economies China and the US fell, adding to con...
Mar 02, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
US Defense Secretary Pete Hegseth eyes March visit to Seoul
US Defense Secretary Pete Hegseth is arranging a visit to South Korea next month to inspect shipyards and discuss cooperation on naval vessel constr...
Feb 26, 2025 (Gmt+09:00)
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Steel
Korea to probe Chinese, Japanese steel imports over anti-dumping claims
South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...
Feb 19, 2025 (Gmt+09:00)
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Aerospace & Defense
S.Korea’s Hanwha eyes L-SAM exports with UAE’s EDGE
Hanwha Group’s Vice Chairman and heir apparent Kim Dong-kwan is on the front line to export South Korea's latest homegrown air defense system ...
Feb 19, 2025 (Gmt+09:00)
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Aerospace & Defense
S.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 billion) at the end of 2...
Feb 17, 2025 (Gmt+09:00)
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Economy
South Korean state think tank cuts 2025 growth forecast, flags US tariff risk
South Korea’s state-run think tank has cut its growth forecast for the country this year, citing President Donald Trump’s trad...
Feb 12, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha agrees to buy 60% stake in Ourhome for $599 mn
South Korea’s Hanwha Group, which is seeking to re-enter the catering market five years after leaving the sector, has agreed to buy a nearly 6...
Feb 11, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s HBM exports plummet, now susceptible to seasonal demand
Exports of SK Hynix Inc.'s multi-chip packages (MCP), including high-bandwidth memory (HBM) AI chips, are rapidly dropping as the South Korean chipm...
Feb 10, 2025 (Gmt+09:00)
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