Korea Joongang Daily
Korea JoongAng Daily

Hanwha offers to build ground weapons in Canada to help submarine megadeal bid

Hanwha Group is offering to bring production of Hanwha Aerospace's ground weapons to Canada to help its fellow subsidiary, Hanwha Ocean, win a 60 trillion won ($40.4 billion) megadeal to build submarines for the Canadian Navy.

2026-04-30

Business, government leader gather for Poland-Korea Business Forum 2026 to expand economic cooperation

More than 150 business leaders and government officials gathered in Seoul for the Poland-Korea Business Forum 2026 to map concrete steps to expand economic cooperation between the two countries.

2026-04-24

KAIST tech startup becomes first in Korea to get investment from Nvidia

A tech startup founded by researchers at KAIST drew in $76 million in investment from major tech firms, including the U.S. chip giant Nvidia.

2026-04-23

Bessent says Korea-U.S. critical minerals framework finalized

U.S. Treasury Secretary Scott Bessent has said that Korea and the United States have finalized a cooperation framework on critical minerals, expressing expectations that it will help address nonmarket policies and unfair trade practices.

2026-04-21

Korea Inc. makes push in Global South with president's India-Vietnam trip

Korean business leaders are using President Lee Jae Myung's visits to India and Vietnam this week to accelerate their push into the Global South in search of new growth engines.

2026-04-20

Kofia head discusses investment cooperation with Indonesian ambassador

The head of the Korea Financial Investment Association (Kofia) met with Indonesian ambassador to Seoul Cecep Herawan on Wednesday to discuss bilateral investment cooperation, the association said.

2026-04-15

Samsung SDS draws $820 million from KKR for AI expansion

Samsung SDS, the IT service arm of the conglomerate, is accelerating its shift to an AI-centered business structure after securing an $820 million investment from global investment firm Kohlberg Kravis Roberts (KKR).

2026-04-15

College kids are all-in on investing. ‘FOMO’ and global mayhem wreak all-out havoc on their accounts.

When Korea Investment & Securities held a lecture on "How to become rich by investing in ETFs" at Hongik University at 5 p.m. on March 18, the lecture room was filled with some 300 students trying to get expert advice on how to do just that.

2026-04-06

Korean investment projects in U.S. to be unveiled 'over coming weeks': Senior U.S. official

A senior official of U.S. President Donald Trump's administration said Thursday that Korea's investment projects in the United States will be announced "over the coming weeks."

2026-04-03

Korean gov't, investors pour 640 billion won into AI chip startup Rebellions in pre-IPO funding

Korea’s government and private investors have backed AI chip startup Rebellions with a 640 billion won ($420 million) pre-IPO funding round, valuing it at 3.4 trillion won, the company said Tuesday.

2026-03-31