(Photo=Hanwha Systems) Cheap drones are changing the economics of air defense, and South Korea’s Hanwha Systems is trying to turn that shift into an overseas business. The South Korean defense electronics company is preparing to export Cheongwang, a laser based air defense system already deployed by the South Korean military, while developing mobile versions for international customers. Hanwha Systems has

(Photo=Korea Football Association) South Korea requires most able bodied men to serve in the military. The Korean War ended with an armistice in 1953 rather than a peace treaty, and the country has maintained conscription while facing North Korea across the border. For young South Korean men, that can mean putting college, a job or a professional career on hold

Photo=warnerbros.korea Hollywood studios are looking for ways to turn global star power and high-profile directors into theatrical demand as audiences become increasingly selective about paying for movies outside established franchises. For U.S. studios, distributors and investors, Tom Cruise’s 13th visit to South Korea for “Digger” highlights the international value of major movie stars in promoting original films beyond established franchises.

Photo=Hyundai The global SUV market is entering a new phase as automakers use hybrids, artificial intelligence and software to keep buyers engaged while demand for fully electric vehicles develops unevenly. For U.S. automakers, suppliers and investors, Hyundai Motor’s redesigned Tucson offers a look at how manufacturers are combining electrification with familiar gasoline-powered SUVs to compete for mainstream consumers. Hyundai unveiled

Photo=motionelements A proposed Alaska LNG project is facing a fresh test of commercial viability as South Korea pushes back against U.S. claims that its participation has been settled. For U.S. energy companies, infrastructure developers and investors, the dispute highlights a central question for one of the country’s most ambitious LNG projects: whether Washington can reduce the project's costs and regulatory