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The South Korean company pursuing a multi-billion dollar contract to build submarines for Canada has unveiled an industrial benefits package which proposes alliances with some of the top firms in the ...

Ottawa is looking to replace its aging fleet of submarines and has whittled down the field of bidders for the contract to Hanwha Ocean and German firm ThyssenKrupp Marine Systems. A delegation from ...

The BBC has gained access to a North Korean phone which has been smuggled out of the country. The phone doesn’t have access to the internet and is designed to make sure its users follow the rules in ...

South Korean biotech company SK Bioscience has completed a deal to acquire a controlling stake in the German company IDT Biologika, one of the ten largest global vaccine companies. This is reported in ...

South Korean shipbuilding company HD Hyundai Heavy Industries Co. has entered into a merger agreement with HD Hyundai's affiliated company Mipo Dockyard in a 7.63 trillion won ($5.5 billion) share ...

OTTAWA — South Korean submarine maker Hanwha Oceans says it has signed a series of partnership agreements with Canadian companies, including Sault Ste. Marie’s tariff-battered Algoma Steel. Hanwha ...

National Defence Minister David McGuinty, South Korea Prime Minister Kim Min-seok, Prime Minister Mark Carney and Hahnwa Group Vice-Chariman Kim Dong Kwan speak among themselves after touring a ...