South Korean shipbuilder Hanwha Ocean formally pitched to Philippines' President Ferdinand Marcos Jr. its bid to build KSS-III PN submarines for the Philippine Navy.

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Hanwha Aerospace, Korea’s leading defense company, reported a record third-quarter operating profit of 856.4 billion won ($600 million) on Monday, underscoring ...

Chipmakers soar, defense stocks jump, and Seoul's AI ambitions go global as Wall Street turns bullish on Korea.

Hanwha Group announced on the 3rd that Michael Coulter, CEO of Hanwha Aerospace, has been appointed as the new CEO of HDUSA, ...

Last month, the Chinese Ministry of Commerce applied the Anti-Foreign Sanctions Law to place five U.S. subsidiaries of Hanwha ...

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The defense chiefs of South Korea and the United States were set to hold their annual security talks in Seoul on Tuesday to ...

On Friday, major U.S. indexes closed higher, led by sharp gains in Amazon Web Services (AWS) and Tesla. The Dow Jones ...

Caterpillar has installed its new system on several container ships operated by Europe’s Rambow Shipping Company to improve bunker fuel efficiency and reduce emissions.

President Trump met with President Xi on the sidelines of the Asia-Pacific Economic Cooperation summit last week. APEC's host ...

South Korean shares surged nearly 2.8 percent Monday to again set an all-time high, led by sharp gains in big-cap chip and ...