July 10, 2024

S. Korea begins production of KF-21 fighter jet

South Korea began production of the homegrown KF-21 fighter jet Wednesday, the defense procurement agency said, in the latest milestone in the country’s efforts to build an advanced fighter aircraft.

A ceremony marking the assembly of the first KF-2…

Investment funds gain 98 tln won in H1

The value of investment funds in South Korea rose sharply in the first six months of the year, data showed Wednesday.

The net asset value of investment funds here came to 1,069.5 trillion won (US$771.8 billion) as of end-June, up 98.1 trillion won f…

Hyundai Motor Group’s British sales up 1.3 pct on-year in H1

Hyundai Motor Group’s sales in Britain rose 1.3 percent on-year in the first half of the year, the South Korean automotive giant said Wednesday, citing industry data.

According to Britain’s Society of Motor Manufacturers and Traders (SMMT), Hyundai …