Shifts in traditional security alliances and heightened global concern have been driving a new commitment to defense spending ...

Jay-Z’s MarcyPen Capital Partners has signed a memorandum of understanding with South Korea’s Hanwha Asset Management to launch a $500 million “K-culture” investment fund. Via the fund, the companies ...

Hanwha Group is set to become the largest shareholder of Austal, an Australian global defense company that builds warships ...

Australia clears Hanwha to lift Austal stake. Find the latest news from the maritime industry on the PortNews website.

Australian shares closed higher on Friday, amid raised concerns of "lofty" valuations and AI spending among US tech giants.

Hanwha Group received final approval from the Australian government on the 12th for the acquisition of a 19.9% stake in ...

SEOUL, Dec. 12 (Yonhap) -- Hanwha Group has received approval from the Australian government to acquire an additional stake ...

Shares of Hanwha Group affiliates rallied after Australia greenlit the South Korean defense conglomerate's bid to raise its ...

Jim Chalmers, Australia’s treasurer, said on Friday that he had accepted a recommendation from the Foreign Investment Review Board to allow Hanwha to increase its shareholding in Austal to 19.9 per ...

Hanwha, which has a 9.9% stake in Austal, wants to boost its shareholding to 19.9%. It has said it aims to become a long-term partner to Austal, which the Australian government has designated as its ...

Treasurer Jim Chalmers has given approval for South Korean defence giant Hanwha to increase its ownership of WA-based ...

Hanwha Asset Management is expanding into private credit, an asset class still in its early stages in South Korea but continues to attract some of the nation’s largest money managers.