Photo=Motionelement South Korea’s per-capita gross domestic product (GDP) is projected to fall three spots this year, dropping from 34th to 37th place globally, according to the latest World Economic Outlook released by the International Monetary Fund (IMF). In contrast, Taiwan is expected to climb from 38th to 35th, overtaking South Korea for the first time in 22 years. According to

(Photo=GCC LAB) As the U.S. and its allies race to stabilize global energy supply chains amid rising demand and geopolitical tensions, South Korea’s Taihan Electric Wire — a leading manufacturer of high-voltage cables and power transmission systems — is deepening its footprint in the Middle East through a partnership with Saudi Arabia’s GCC Lab, an energy research institute backed by

(Photo=Global Ordnance LLC) As the United States rushes to expand its munitions production amid global conflicts and mounting demand from allies, South Korea’s Hanwha Aerospace — the country’s leading defense manufacturer known for its artillery systems, armored vehicles, and propulsion technologies — is emerging as a critical partner in rebuilding America’s defense supply base. The company’s U.S. subsidiary, Hanwha Defense

Photo=The University of Chicago Library Chey Choi, chairman of South Korea’s SK Group, has departed for a business trip to the United States, pledging to contribute to the economy just hours after the Supreme Court issued a key ruling in his high-profile divorce case. Speaking to reporters before leaving Seoul Gimpo Business Aviation Center on Wednesday, Choi said, “There are

Photo=Samsung Samsung is making a major push into precision medicine, investing $110 million in U.S.-based biotech company GRAIL, which specializes in early cancer detection through a simple blood test. The investment, announced Thursday local time, comes jointly from Samsung C&T and Samsung Electronics, positioning the Korean conglomerate as a strategic partner in one of the fastest-growing areas of healthcare technology