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December 12, 2025
Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security. Treasurer Jim Chalmers stated that the decision…
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December 10, 2025
The South Korean shipping giant Hanwha Group and U.S. defense start-up Vatn Systems have teamed up to develop autonomous underwater drones (AUU) for the U.S. Navy. This is the latest bilateral effort by the two companies to counter China's expanding naval presence.
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December 8, 2025
The share of Pentagon contracts held by U.S. Defense Technology companies has roughly doubled over the last year. However, they are still facing growing pains in their efforts to transform from startups to heavyweights that can build weapons at scale.
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November 26, 2025
The Science Ministry announced that South Korea launched its fourth space rocket, Nuri, on Thursday, putting more than 12 satellites in orbit. This was the first joint launch with a private firm. South Korea launched the Nuri rocket program in 2021.
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November 26, 2025
Poland announced on Wednesday that it had selected Sweden to provide it with three subs. The multi-billion dollar deal is a crucial element in Warsaw's effort to strengthen its defenses in the Baltic Sea. Warsaw is increasing its investments…
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November 16, 2025
Kim Yong Ho, a South Korean Kim, thought he was going to die in seconds when a 200 kilogram (441 pound) industrial presses at a Hyundai steel plant exploded during maintenance. The press crushed Kim's legs and his back. Kim, in 2019, said that…
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November 13, 2025
The White House announced that the U.S. released details of a deal with South Korea on Thursday. It included a Korean investment of $150 billion in the shipbuilding industry, which Washington had approved, and an additional $200 in Korean investment through a Memorandum of Understanding.
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November 6, 2025
Philly Shipyard, owned by South Korea in the United States, does not have the capacity to build ships at the moment. Kim Min-seok, the Prime Minister of South Korea, said this on Thursday at a hearing in parliament. Donald Trump, the U.S. president, wrote on Twitter last week about his remarks.
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November 1, 2025
Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a dinner and summit hosted at President Lee Jae Myung's home. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee's stakes are high.
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November 1, 2025
On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for a bilateral summit. This is the first time the two leaders have met. It's also the first time Xi has visited his Asian neighbor in over ten years.
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October 31, 2025
Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a visit by President Lee Jae Myung. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee, who took office in June after…
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October 31, 2025
Data showed that South Korea's October exports rose unexpectedly on the back of a robust demand for ships and chips, even though businesses were cautious due to a clouded global outlook caused by Washington's trade policies. In October, exports from Asia's 4th largest economy…
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October 31, 2025
On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for talks. This is the first bilateral meeting between the two leaders. It's also the first time Xi has visited his Asian neighbor in over a decade.
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October 28, 2025
In talks between Prime Minister Sanae Takayi and President Donald Trump, the U.S. revealed that 20 companies were interested in key projects such as critical minerals and AI. Tokyo may have agreed to invest $550 billion in the U.S. as part of an agreement on tariffs.
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October 27, 2025
On Tuesday, U.S. president Donald Trump will be in Tokyo for his first trip to Japan since 2019. They are discussing security and trade. On Tuesday, Trump and Takaichi agreed to a framework that would secure the supply of critical minerals and rare earths.
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October 27, 2025
On Tuesday, U.S. president Donald Trump will be in Tokyo for his first trip to Japan since 2019. They are discussing security and trade. A source familiar with this plan has confirmed that Japan and the U.S. are set to sign a Memorandum of Understanding for Tokyo to expand U.S.
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October 26, 2025
The South Korean shipbuilder HD Hyundai Heavy Industries announced on Sunday that it had reached an agreement with Huntington Ingalls, a U.S. military vessel builder, to jointly construct auxiliary ships for the U.S. Navy. In order to further…
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October 16, 2025
The Chinese sanctions on U.S. Hanwha Ocean affiliates this week are intended to undermine South Korea's cooperation with the United States and "to force" Washington's Asian allies, according to a spokesperson for the U.S. State Department on Friday.
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October 16, 2025
Daewoo Engineering & Construction, a South Korean company, has started work on a $780 million project in Turkmenistan. Local television reported that Turkmenistan’s President Serdar Berndymukhamedov was present at a ceremony to mark the opening of the plant.
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October 14, 2025
The oil prices dropped on Tuesday. They settled 1.5% lower, as the International Energy Agency warned about a massive supply glut in 2026 and trade tensions between the U.S., China and other major economies continued. Brent crude futures dropped…
