South Korean Defense Stocks Surge Amid U.S.-Ukraine Tensions and European Military Buildup

SEOUL, March 4 (Korea Bizwire) —  Shares of South Korean defense companies surged on March 4 following heightened geopolitical uncertainty after a failed summit between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky, fueling expectations of increased military spending in Europe. According to the Korea Exchange, Hanwha Aerospace [012450] soared 18.01% to close at 701,000 [...]