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South Korean and Romanian leaders pledged on Tuesday to boost defence industry cooperation as Seoul pushes to establish itself as the world's fourth-largest arms exporter amid reports of huge additional contracts in the works. President Yoon Suk Yeol hosted his Romanian counterpart, Klaus Iohannis, for a summit and pledged to increase cooperation in the defence industry, including joint production of weapons, a statement said. South Korea's defence minister Shin Won-sik separately hosted Poland's deputy defence minister, Pawel Bejda, amid reports of an impending contract for ...

HD Hyundai Marine Solution is set to price its shares at the top of an indicative range to raise 742 billion won , two people with direct knowledge of the matter said, in South Korea's largest...

Major North Korean hacking groups have mounted "all-out" cyber attacks against South Korean defence companies for more than a year, breaching the firms' internal networks and stealing technical data, South Korea's police said on Tuesday. Hacking teams linked to North Korea's intelligence apparatus and known as Lazarus, Kimsuky and Andariel planted malicious codes in data systems of the defence companies either directly or through contractors working with them, the police said. The police, working with a team of national spy agency and private sector experts, traced t...

By Jack Kim SEOUL (Reuters) - Major North Korean hacking groups have mounted "all-out" cyber attacks against South Korean defence companies for more than a year, breaching the firms' internal networks and stealing technical data, South Korea's poli...

Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, said the country will continue to build overwhelming and the strongest military power to protect its sovereignty and regional... -April 23, 2024 at 05:44 pm EDT - MarketScreener