Seoul: HD Hyundai Electric Co., a South Korean electric equipment manufacturer, reported its fourth-quarter net profit of 245.3 billion won (approximately US$167 million), marking a

Seoul: LG Energy Solution Ltd. announced plans to acquire the full stake in its joint venture with multinational automaker Stellantis N.V., transforming the firm into

Seoul: Korea Aerospace Industries (KAI) Ltd. announced it has obtained a 101.4 billion-won (US$69.1 million) performance-based logistics (PBL) contract from the Philippines to provide maintenance

Seoul: The U.N. special rapporteur on North Korea’s human rights emphasized Ukraine’s obligation to ensure the safety of North Korean soldiers captured during the conflict

Seoul: Hanwha Systems Co., a defense solutions unit under South Korea’s Hanwha Group, announced a 51.5 percent decrease in its net profit for 2025, recording

Seoul: South Korean shares closed lower for the second consecutive session Friday as investors sought to lock in profits amid concerns over the long-term profitability