Seoul: POSCO International on Thursday reported its first-quarter net income of 277.3 billion won (US$186.8 million), up a solid 36.1 percent from a year earlier.
Seoul: Hanhwa Aerospace Co., a defense affiliate of Hanwha Group, announced the signing of a memorandum of understanding with Canada’s Automotive Parts Manufacturers’ Association (APMA)
Gyeryong: The South Korean Army is reviewing deploying “suicide drones” to battalion-level units as part of its modernization push, according to Army officials.
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Seoul: LG Energy Solution on Thursday reported a first-quarter net loss of 944 billion won (US$635.8 million), turning from a profit of 226.6 billion won
Washington: The U.S. Federal Reserve on Wednesday decided to maintain its benchmark interest rate for the third consecutive time, citing ongoing inflation concerns and heightened
Seoul: South Korea will take on a significant role in the upcoming U.S.-led Rim of the Pacific Exercise (RIMPAC) by commanding the multinational naval forces
Seoul: Australian Foreign Minister Penny Wong on Thursday called for stronger energy security cooperation with South Korea amid the uneven impact of the ongoing Middle
Seoul: Samsung Electronics Co. announced Thursday that its first-quarter net profit surged more than fivefold compared to the previous year, fueled by strong demand for