Indian Ministry of Defense

WASHINGTON, D.C. – South Korea and the US have agreed to work together to craft a comprehensive tariff-liberalization package by July 8, marki...

LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...

Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to...

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...

South Korea’s National Pension Service, the country’s largest institutional investor, has come to the rescue of the domestic stock marke...

LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 bil...

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...

South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Aust...

South Korea’s finance ministry will hold its largest-ever investor relations (IR) event for global institutional investors at the end of this ...

Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...

Defense stocks in key Asian markets jumped on Tuesday, buoyed by expectations that European nations will boost security spending amid fears that the...

LG Group Chairman Koo Kwang-mo visited LG Electronics Inc.'s factory and research center in India in late February as it plans to list its Indian ar...

US Defense Secretary Pete Hegseth is arranging a visit to South Korea next month to inspect shipyards and discuss cooperation on naval vessel constr...

Hanwha Group’s Vice Chairman and heir apparent Kim Dong-kwan is on the front line to export South Korea's latest homegrown air defense system ...

South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...

South Korea’s Hanwha Group, which is seeking to re-enter the catering market five years after leaving the sector, has agreed to buy a nearly 6...

Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...

South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...

Kia Corp. started mass production of the Syros, a versatile sports utility vehicle (SUV) specifically designed to meet the needs of customers in I...

South Korea's HD Hyundai Heavy Industries Co. officially launched the Peruvian navy's four warship project on January 10. The Peru Warship Pr...

India will acquire 100 units of the K9 self-propelled howitzers developed by South Korea’s Hanwha Aerospace Co. from Larsen & Toubro (L&am...

South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...

LG Electronics Inc. will retire 761,000 shares in 2025, or around 0.5% of its outstanding shares, to increase shareholder returns, the South Korean ...

Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...

South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manag...

LG Electronics India Pvt., wholly owned by LG Electronics Inc., has embarked on the process of going public to raise up to 2.6 trillion won ($1.8 bi...

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...

The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...

South Korea's LIG Nex1 Co. said Tuesday it signed a memorandum of understanding (MOU) with the US-based Electroninks Inc. to research and develop ne...