SEOUL-- South Korean shipyard Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has bagged a 278.3 billion-won (US$225 million) order to build a liquefied natural gas (LNG) carrier.Under…
SEOUL-- Samsung Heavy Industries Co., the world's third-largest shipbuilder by orders, said Thursday it will sell four drill ships to take advantage of higher oil prices.Samsung Heavy plans to sell…
SEOUL-- South Korean shares closed higher on Thursday as institutional investors picked up large-cap chipmakers. The Korean won weakened against the U.S. dollar.After a choppy session, the benchmark Korea Composite…
SEOUL-- South Korea's Defense Minister Suh Wook held talks with Ghana's top envoy in Seoul on Thursday to discuss bilateral maritime security cooperation and other issues, his ministry said.During the…
SEOUL-- U.S. President Joe Biden is likely to visit Seoul from May 20-22 for his first-ever summit with incoming President Yoon Suk-yeol, sources said Thursday.Biden has widely been expected to…
SEOUL-- President Moon Jae-in formally appointed a former veteran International Monetary Fund official, Rhee Chang-yong, as new head of the Bank of Korea (BOK) on Thursday after the National Assembly…