WASHINGTON - South Korea is unlikely to finalize any orders for the Lockheed Martin Corp F-35 stealth fighter jet until the summer or fall of 2014, after it redoes a complicated acquisition process, according to three sources familiar with the issue.
SEOUL - General Motors Co plans to slash its headcount in South Korea next year as it prepares to withdraw its Chevy brand in Europe, a major export market for South Korean-made cars.
SEOUL - South Korean defense contractor Korea Aerospace Industries Ltd (KAI) has signed a deal with Iraq to export 24 light fighter jets valued at $1.1 billion, the company said on Thursday.
SEOUL - Samsung Electronics Co Ltd on Thursday lost its bid to ban sales of Apple Inc's older iPhone and iPad in South Korea after a court dismissed a lawsuit claiming the U.S. firm had infringed on three of Samsung's mobile patents.
SEOUL/BEIJING - Ssangyong Motor Co , a small, Indian-owned, South Korean sport utility vehicle maker, says it expects to invest nearly $1 billion on its line-up as part of a new strategic plan to break into the United States and Asian markets.
BEIJING - China expressed "regret" on Monday that South Korea had extended its air defense zone to partially overlap with a similar zone declared by Beijing two weeks ago that has raised regional tensions.
HONG KONG - KKR & Co LP and Bain Capital are among suitors which have placed initial bids for Tyco International Inc's South Korean security systems unit, a business valued at about $1.6 billion, people familiar with the matter said.
SEOUL - South Korea said on Sunday it has extended its air defense zone to partially overlap with a similar zone declared by China two weeks ago that has sharply raised regional tensions. | Video
SEOUL - South Korea was scheduled to make an announcement on Sunday amid anticipation that it will expand its air defense zone south into a zone newly declared by China that has spurred regional tensions. | Video
BEIJING - Australian Foreign Minister Julie Bishop downplayed tensions over China's controversial air defense zone, which has also rankled the United States, Japan and South Korea, after meeting her Chinese counterpart on Saturday.
JUBA - Three U.S. aircraft came under fire from unidentified forces on Saturday while trying to evacuate Americans from a spiraling conflict in South Sudan. The U.S. military said four of its members were wounded in the attacks. | Video
The criminal complaint against Ross William Ulbricht, known as "Dread Pirate Roberts."