Seoul, March 29 (IANS) The market capitalisation of defence stocks rose while that of auto and shipbuilding shares fell on the benchmark Korea Composite Stock Price Index (KOSPI) about a month after U.S.-Israeli air strikes on Iran, bourse data showed on Sunday.According to data by the Korea Exchange (KRX), Samsung Electronics Co. retained the top spot in market capitalization, with 1,063.8 trillion won (US$705 billion) as of Friday, followed by SK hynix Inc. with 657.1 trillion won, reports Yon…
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Seoul, Feb 5 (IANS) South Korea’s Defence Minister Ahn Gyu-back on Thursday held talks with Stephen Fuhr, Canada’s secretary of state for defence procurement, in Seoul to discuss arms cooperation, the defence ministry said, as Seoul seeks to win a major deal to supply naval submarines to Canada. The meeting came as Fuhr is in South Korea for a weeklong trip that includes visits to South Korean shipyards and defence firms. His trip comes as Ottawa is set to pick a supplier for the Canadian Patrol…