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  • Cheongung-IIs maker survives worst-ever rout in Seoul as it debuts on Iranian borders Cheongung-II's maker survives worst-ever rout in Seoul as it debuts on Iranian borders SEOUL, March 04 (AJP) - The bombshell from the 2026 Middle East conflict has flown to Seoul and crashed the party in a big way — sending the benchmark KOSPI plunging a record 12 percent and the KOSDAQ 14 percent. One stock, however, defied the sweeping rout: LIG Nex1, the maker of the Cheongung-II. The sudden spotlight came after the missile defense system reportedly saw its first real combat use int
  • Asian markets in second rout while Seoul bourses suffer worst collapse Asian markets in second rout while Seoul bourses suffer worst collapse SEOUL, March 04 (AJP) - The spiraling war in the Middle East sent shockwaves across Asian markets Wednesday, triggering a historic collapse on the Seoul bourse. Global energy markets remained volatile as tensions centered on the Strait of Hormuz — a critical artery for global oil shipments — fueled fears of supply disruptions and renewed inflation pressure. The narro
  • Korean industry minister flies to Canada after Team Korea submits bid for submarine deal Korean industry minister flies to Canada after Team Korea submits bid for submarine deal SEOUL, March 04 (AJP) -South Korea’s industry minister will head to Canada this week to lend a final push to Team Korea’s bid for Ottawa’s multibillion-dollar submarine program, as Seoul throws its weight behind a national effort to secure one of the world’s largest naval procurement deals. Industry Minister Kim Jung-kwan is scheduled to depart Thursday for Canada to support a South Korea
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