Seoul: South Korea's major defence firms reported record earnings in the first half of the year on the back of massive arms ...

SEOUL, Aug. 17 (Yonhap) -- South Korea's major defense firms reported record earnings in the first half of the year on the ...

South Korean shares finished marginally higher Thursday as gains in defense and cosmetics offset weakness in chip and pharmaceutical names.The benchmark Korea Composite ...

Seoul shares rose slightly amid mixed sector performances, with defense and cosmetics stocks gaining while semiconductors and pharmaceuticals declined. The won dipped against the dollar, and trading ...

Expanding on the release of details of the new “EX” version of the KF-21 fighter that will equip the South Korean Air Force, Korea Aerospace Industries (KAI) has revealed that the aircraft’s design ...

Hanwha Systems has started mass production of South Korea’s first domestically developed active electronically scanned array (AESA) radar for the KF-21 Boramae multirole fighter. Forty units are ...

The benchmark Korea Composite Stock Price Index lost 17-point-67 points, or zero-point-55 percent, Friday to close at three-thousand-210-point-01.Investors cashed ...

Shares closed lower Friday as investors offloaded defense and other major stocks on profit-taking amid lingering concerns ...

LIG Nex1 attributed the earnings improvement to increased orders following the company's increase in production of core ...

South Korea’s Hanwha Systems has rolled out the first mass-produced active electronically scanned array (AESA) radar for the ...

LIG Nex1 recorded its highest profit ever in the first quarter of this year due to a defense industry boom, but dissatisfaction among employees is rising. Despite achieving its highest results ...

JPMorgan’s outlook suggests that while LIG Nex1 may face increased cost pressures due to development expenses and capital expenditures, the company’s domestic margin profile has strengthened compared ...