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Digital stock market tickers in Seoul showing KOSPI record high numbers
EconomyEN
KOSPI Hits Record 4,552: Defense and Shipbuilding Drive 2026 Market Rally

KOSPI hits a fresh record high of 4,552.37 on Jan 8, 2026, as defense and shipbuilding gains offset profit-taking in tech stocks like Samsung Electronics.

A large LNG carrier ship built by Samsung Heavy Industries at sea
EconomyEN
Samsung Heavy Industries LNG Order 2026: Secures $499M Deal to Kick Off New Year

Samsung Heavy Industries starts 2026 with a $499M LNG ship order from Oceania. Learn how their $28.6B backlog and 2025 performance impact future growth.

Samsung Heavy Inks $500 Million LNG Carrier Deal, Pushing 2025 Orders to $7.4 Billion
EconomyEN
Samsung Heavy Inks $500 Million LNG Carrier Deal, Pushing 2025 Orders to $7.4 Billion

Samsung Heavy Industries has secured a $500 million order for two LNG carriers, bringing its 2025 order total to $7.4 billion, or 76% of its annual target. The company's backlog now stands at $28.3 billion.

Trump Vows 'Biggest, Most Powerful' Warship, Colliding with Navy's Budget Realities
PoliticsEN
Trump Vows 'Biggest, Most Powerful' Warship, Colliding with Navy's Budget Realities

Donald Trump claims he will build the most powerful warship ever, but the promise clashes with the U.S. Navy's recent cancellation of a smaller ship due to cost overruns, raising questions about feasibility.

South Korea Breaks Stalemate on $5 Billion Destroyer Project with New Bidding Rules
PoliticsEN
South Korea Breaks Stalemate on $5 Billion Destroyer Project with New Bidding Rules

South Korea's DAPA has decided on a selective bidding process for its ₩7 trillion ($5B) next-gen destroyer project, aiming to end a stalemate caused by a legal feud between Hanwha Ocean and HD Hyundai.

South Korea Launches Push to Build Its Own LNG Ship Tech, Targeting Foreign Dependence
PoliticsEN
South Korea Launches Push to Build Its Own LNG Ship Tech, Targeting Foreign Dependence

South Korea has launched a government-industry partnership to develop proprietary LNG cargo tank technology, aiming to reduce its dependence on foreign firms and cut trillions of won in licensing fees.