News
Hanwha Aerospace halts review of Poongsan's ammunition unit acquisition
2+ hour, 42+ min ago (134+ words) The Korea Times Hanwha's exhibition booth is shown during the Egypt Defense Expo (EDEX) 2025 in Cairo from Dec 1 to 4, 2025 Courtesy of Hanwha Aerospace Hanwha Aerospace, Korea's leading defense systems manufacturer, said Thursday it has halted its review of acquiring the…...
Defense chief says plan to cut border unit troops to be executed 'gradually' by 2040
3+ hour, 3+ min ago (271+ words) Defense Minister Ahn Gyu-back, center, answers questions from lawmakers during a plenary session at the National Assembly in Seoul, Thursday. Yonhap Defense Minister Ahn Gyu-back said Thursday that his ministry plans to reduce the number of troops deployed to border…...
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2+ hour, 43+ min ago (14+ words) Seoul urges immediate departure of Korean nationals in Lebanon amid ongoing strikes'The Korea Times...
ALD1 member Geonwoo halts activities over hot mic controversy
5+ hour, 51+ min ago (343+ words) ALPHA DRIVE ONE member Kim Geonwoo / Courtesy of Wake One ALPHA DRIVE ONE (ALD1) member Kim Geonwoo is suspending group activities indefinitely following a predebut hot mic incident, according to his agency, Wake One. Wake One issued a formal apology on…...
Na Hong-jin's sci-fi film 'Hope' heads to Cannes main competition
3+ hour, 8+ min ago (262+ words) A scene from director Na Hong-jin's new film "Hope" / Yonhap Director Na Hong-jin's new film, "Hope," will compete for the top honor at this year's Cannes Film Festival. The sci-fi film was named one of the 21 titles invited to the…...
Finland orders 112 more K9 howitzers in $635 mil. follow-up deal
2+ hour, 51+ min ago (392+ words) Hanwha Aerospace's K9 self-propelled howitzer / Courtesy of Hanwha Aerospace Finland signed a deal worth 940 billion won ($635 million) to purchase additional K9 self-propelled howitzers from Korea, placing a follow-up order after operating the system for several years. According to the Defense Acquisition Program…...
POSCO Holdings completes lithium brine acquisition in Argentina
12+ hour, 5+ min ago (269+ words) Executives of POSCO Holdings and Lithium South Development pose during a closing agreement ceremony in Buenos Aires, Argentina, Tuesday. Courtesy of POSCO Holdings POSCO Holdings' Argentine subsidiary has completed the acquisition of full ownership of the Hombre Muerto North brine…...
ICT minister, telecom CEOs pledge trust, cheaper 5 G, AI network investment
5+ hour, 32+ min ago (585+ words) Deputy Prime Minister and Science and ICT Minister Bae Kyung-hoon, second from left, poses with LG Uplus CEO Hong Bum-shik, left, SK Telecom CEO Jung Jai-hun, third from left, and KT CEO Park Yoon-young during a meeting in Seoul, Thursday....
CJ Cheil Jedang, Binggrae among 145 firms to lead Korea's food exports
2+ hour, 56+ min ago (430+ words) CJ Cheil Jedang and Binggrae have been selected for the government's new food export initiative, "Global Next K-Food," along with 143 other companies, according to the Ministry of Agriculture, Food and Rural Affairs, Thursday. CJ Cheil Jedang, the food subsidiary of…...
BTS launches 'ARIRANG' world tour in Goyang, kicking off record-breaking global run
4+ hour, 54+ min ago (594+ words) BTS / Courtesy of Big Hit Entertainment BTS will open its world tour at Goyang Stadium on Thursday, with additional shows scheduled for Saturday and Sunday, marking the start of what the group's label described as the largest concert tour by…...