Ministry of National Defense

Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...

The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advi...

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...

The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...

South Korea's LIG Nex1 Co. said Tuesday it signed a memorandum of understanding (MOU) with the US-based Electroninks Inc. to research and develop ne...

Latvian President Edgars Rinkēvičs, who is on a four-day working trip to South Korea, said on Friday he hopes for deeper cooperation between the two...

South Korea's Hanwha Ocean Co. said on Friday it signed a strategic partnership with the UK-based global defense industry giant Babcock Internationa...

La Defense Partners is expected to exercise a casting vote over the ongoing management dispute at Hanmi Science Co. after the Seoul-based private eq...

The companies founded by South Korean nationals abroad will be recognized as domestic companies if they contribute to the Korean economy, making it ...

South Korea has designated Korea Zinc Inc.'s precursor manufacturing process as a national core technology and advanced industrial technology, effec...

South Korea's home appliance giant LG Electronics Inc. announced on Wednesday that it has signed a memorandum of understanding (MOU) with the Nation...

LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...

Lunit, a South Korean cancer diagnostics AI company, said on Monday its US subsidiary Volpara Health secured a 10 billion won ($7.5 million) contr...

US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...

South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...

Defense companies will stand to gain the most among South Korean companies if US Vice President Kamala Harris wins the US presidential election next...

South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate, a most urgent task ...

Hyundai Motor Group said on Thursday that it plans to jointly develop the unmanned firefighting robot vehicle with the South Korean National Fire Ag...

42Maru, South Korea's generative AI and language AI startup said on Friday that it was selected as the lead organization for the Defense Technolog...

SEOUL—After pushing a stroller to a park near her home in a Seoul suburb, Kang Seung-min plopped down on a bench. Then an elderly woman ap...

South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in...

South Korea's LG CNS Co. signed an agreement with Seoul National University's Department of Industrial Engineering on Tuesday to develop talent in d...

South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...

Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...

Kazakhstan, a Central Asian country 27 times the area of South Korea, did not have any modernized convenience stores until early this year.The count...

South Korea has decided to extend the range of missiles for export to 500 kilometers from the current 300 km after accepting requests to do so from ...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, has decided to separate its non-core units to concentrate on the defen...