Hanwha Hotels & Resorts acquired a five-star resort that faced 390 billion won ($282 million) in debt for 30 billion won, ...

South Korea has promptly begun taking action to advance its US shipbuilding cooperation project dubbed “Make American ...

Visit is forerunner to South Korea-US presidential meet this month with shipyard chiefs set to be in delegation ...

An official at Hanwha Ocean confirmed the plan, saying the company is engaging with Brazilian companies on potential ...

Ryu Hyun-jin and Chae Eun-sung, who congratulate Hanwha manager Kim Kyung-moon on his 1,000th win, delivering gifts. Photo ...

Hanwha Ocean establishes marine plant base in Brazil to enhance market presence Hanwha Ocean aims to strengthen its foothold ...

Furthermore, Yeochun NCC, a joint venture between Hanwha and DL, is facing bankruptcy due to years of accumulated losses.

DL Group will inject 200 billion won or around 143 million U.S. dollars into Yeochun NCC, one of the nation's leading naphtha-cracking facilities, to avert bankruptcy as the ...

Shares of South Korean arms makers dropped sharply Friday amid expectations that the upcoming US-Russia summit would include ...

SEOUL, Aug. 11 (Yonhap) -- Seoul shares ended slightly lower Monday as investors stayed cautious ahead of U.S. inflation data ...

SEOUL, Aug. 8 (Yonhap) -- Seoul shares closed lower Friday as investors offloaded defense and other major stocks on ...

HD Hyundai's impressive shipbuilding capacities may allow it to benefit from a pair of new bills allowing the U.S. Navy to ...