The Ministry of Trade, Industry and Energy will invest 260 billion won ($179 million) in research and development (R&D) for the shipbuilding industry this year.

Hanwha Aerospace's shares rallied after posting strong fourth-quarter earnings and increasing its stake in its promising ship-making sibling. The South Korean defense company's stock jumped 21% ...

PT Lippo General Insurance Tbk announces the release of MyGo+, a telematics-based app intended to promote safer driving ...

Hanwha Precision Machinery Co. has changed its name to Hanwha Semitech, accelerating its transition into a comprehensive semiconductor company. The rebranding, announced on Feb. 10, reflects the ...

Jongmoo Lee, who is SVP and head of shipyard operations, previously led the planning and management team and PMI team for ...

Retirement Systems of Alabama cut its position in Hancock Whitney Co. (NASDAQ:HWC – Free Report) by 0.2% during the 4th ...

Hanwha Systems' project to build a combat management system (CMS) for the Philippine Navy's first new offshore patrol vessel ...

Hanwha Aerospace Co., a major South Korean defense equipment manufacturer, said Monday its 2024 sales reached a record high ...

SEOUL, Feb. 10 (Yonhap) -- Hanwha Aerospace Co., a major South Korean defense equipment manufacturer, said Monday its 2024 ...

Korea and Australia signed an initial agreement to create an environmentally friendly shipping route between the two ...