The stock prices of Korean defense firms have been battered in recent days, as concerns grow that the fallout of President ...

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

A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms ...

SEOUL, Dec. 3 (Yonhap) -- LIG Nex1 Co., a major defense firm in South Korea, said Tuesday it has partnered with U.S.-based ...

The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently ...

South Korea's alleged refusal to sell defensive systems like KM-SAM is already unexpectable but as if that weren’t surprising ...

Ukraine wanted to buy weapons from South Korea that would help in the confrontation with the Russian army, but Seoul refused, ...

HD Hyundai Heavy Industries (HD HHI) has selected LIG Nex1 as its partner for a naval ship export initiative in Peru, marking a significant shift in alliances as the company positions itself to ...

The chief of the state arms procurement agency has said Korean shipbuilders could seize new opportunities under U.S. President-elect Donald Trump's second term in areas ranging from naval maintenance ...

** South Korean shares fell on Tuesday as U.S. President-elect Donald Trump's pledge to impose tariffs weighed on investor sentiment. ** The benchmark KOSPI tumbled 0.9% during the day, but cut losses ...

Defence stocks declined, with LIG Nex1 falling 8.7% and Hanwha Aerospace plunging 11%, tracking losses in U.S. peers. ** Of the total 939 traded issues, 487 advanced and 391 declined.