Business

Korea signs $1bn-plus Chunmoo rocket deal with Norway
SEOUL, January 31 (AJP) - South Korea has secured a major defense export deal with Norway, with presidential chief of staff Kang Hoon-sik saying in a Facebook post on Saturday that the Norwegian government had signed a contract to purchase the Chunmoo multiple rocket launcher system. The contract is worth about 1.3 trillion won ($970 million). Kang Hoon-sik, chief of staff to President Lee Jae-myung, said the agreement was finalized following approval by the Norwegian governmen
January 31, 2026-

LG Elec profit slumps in 2025 on restructuring costs, media business losses
January 30, 2026 -

Samsung SDI signs major battery deal in US, possibly with Tesla
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Hyundai Rotem posts record profit on K2 tank exports to Poland
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Korean Economy/Business Calendar
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HD Korea Shipbuilding wins order for liquefied CO2 carriers
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