June 10, 2025

Hanwha Receives U.S. Approval for Full Acquisition of Austal

Addis Ababa: South Korea’s Hanwha Group announced its receipt of approval from the U.S. government to acquire up to a 100 percent stake in Australia-based shipbuilding and defense firm Austal. This approval marks a significant step in Hanwha’s strateg…

Seoul Shares Surge for Fifth Straight Session on Foreign Buying

Seoul: South Korean stocks extended their winning streak to a fifth consecutive session Tuesday on the back of foreign buying, with investors’ eyes now on the ongoing trade talks between the United States and China. The local currency lost ground agai…

Seoul Shares Open Tad Lower on Profit Taking

Seoul: South Korean stocks opened slightly lower Tuesday as investors moved to cash in gains after Seoul shares spiked to an 11-month high the previous day, with their eyes on the ongoing trade talks between the United States and China. The benchmark …