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.

According to

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