Photo=VATN Systems South Korean defense conglomerate Hanwha has invested in Vatn Systems, a U.S. developer of autonomous underwater vehicles (AUVs), as part of its strategy to secure next-generation maritime unmanned technologies and expand its footprint in the U.S. defense market. Vatn Systems said on Tuesday (local time) that it has raised $60 million in a Series A round backed by

Photo=Rio2 Canadian gold mining company Rio2 said it will acquire a Peruvian copper mine for $241 million, signaling a strategic push to expand its presence in Latin America and increase its exposure to base metals. On December 8, Rio2 announced that it would purchase a 99.1% stake in the Condestable copper mine from Southern Peaks Mining, which is backed by

Photo=Motionelements The number of single-person households in South Korea passed 8 million for the first time in 2024, setting a new record and underscoring how delayed marriage, longer life spans and rapid aging are redrawing the country’s social fabric. According to a report released Tuesday by the National Data Office, individuals living alone represented 8.045 million households last year, a

Photo=Motionelements A resurgent global semiconductor market has turbocharged cash generation at South Korea’s largest companies, with free cash flow soaring by more than $15 billion in the first nine months of the year. According to data from corporate research firm CEO Score, the country’s top listed non-financial companies posted a combined free cash flow of $47.4 billion in the January–September

(Photo=BIGHIT MUSIC X) BTS, the South Korean pop group that has become one of the world’s most influential music acts, returned to headlines after Jungkook posted a late-night update involving fellow member RM. Early on December 10, Jungkook reshared RM’s social post featuring a bowl of ramen and a tag to Jungkook, signaling that the two had met quietly for