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Exclusive: Russia becomes Korea’s top aluminum supplier as West tightens sanctions on Moscow
Record imports are raising supply-chain and sanctions risks, particularly for Korea's defense industry.
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Hanwha Group surpasses 15 percent stake in Korea Aerospace Industries
Fifteen percent is the threshold at which a conglomerate buying into a publicly listed company must file for an antitrust review with the Fair Trade Commission (FTC).
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Navy carries out first AI-led minesweeping trial using unmanned vessels
The test near Busan was conducted to practice combining AI-supported combat missions with manned and unmanned crew operations.
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Lee says Korea hopes to expand cooperation with Romania beyond defense sector
At a summit with Romania’s president, Lee Jae Myung said Seoul aims to expand cooperation from defense into nuclear power and other sectors.