Hanwan Ocean wins $1.4 bn order from Yang Ming to build 7 containerships
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has bagged an order to build seven containerships, valued at about 2 trillion won (...
Hanwha seeks to buy Paraspara Seoul from developer tied to Banyan Tree Busan fire
Hanwha Hotels & Resorts Co. is in talks to acquire Paraspara Seoul, a five-star hotel and resort, up for sale by a property developer facing lia...
Hanwha-owned burger chain Five Guys Korea up for sale two years after launch
South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...
Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet
South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...
South Korean airlines bank on China routes for profit recovery
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...
SK Innovation to restore Vietnam’s mangrove forests in ESG initiative
SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local soci...
Hanwha acquires Indonesian bank, first foreign banking venture by Korean insurer
Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...
Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome
Hanwha Systems Co. is preparing to muscle into a strategic stronghold of South Korea’s missile defense industry, challenging long-time rival L...
Hanwha Ocean to team up with Polish shipyards for Navy project bid
Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...
Hanwha Aerospace to build defense plant in Germany as European base
Hanwha Aerospace Co. plans to build a precision missile manufacturing plant in Germany as part of its global strategy to expand its presence across ...
Europe looms large as K-beauty brands look to blue ocean; shares rise
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...
Hanwha Q Cells eyes tandem cell mass production in 2027
Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...
Hanwha Philly Shipyard to localize LNG builds, expand capacity
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility...
Hanwha acquires Ourhome for $622 million in push to revive food business
South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...
Hanwha's 'Sea Ghost' makes waves as Greece eyes unmanned naval tech
GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...
Korean firms rush to issue bonds ahead of presidential election
South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...
Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million
Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...
Hanwha Ocean shares sink after KDB's sale of 4.2% stake
Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...
HD KSOE secures $1.8 bn in container ship orders
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...
Kakao shares sink on SK Telecom’s stake sell-off news
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era
Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea&rsquo...
Hylium to supply liquefied hydrogen storage tanks to AirFirst
Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage ta...
With domestic dockyards fully booked, Korean shipbuilders turn overseas
As order books swell amid green shipping mandates, LNG demand and military naval modernization, South Korean shipbuilders are extending their global...
Hanwha Aerospace slashes planned rights offering size to $1.6 billion
Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...
Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...
Hanwha Aerospace, General Atomics to build unmanned aerial vehicles
Hanwha Aerospace Co., a leading South Korean defense company, has joined forces with US-based General Atomics Aeronautical Systems Inc. (GA-ASI) to ...
Hanwha gears up for 3rd-generation leadership with chairman’s stake gift
South Korea’s chemical-to-defense conglomerate Hanwha Group Chairman Kim Seung-youn will hand over half of his holdings in the conglomerate&rs...
Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...
S.Korea’s Hanwha acquires 9.9% in Australia’s Austal
South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Aust...
Hanwha wins $1.6 billion order to build 6 container ships for Evergreen
Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly,...
