In this handout image released by the South Korean Defense Ministry via Dong-A Daily, a missile is fired during a joint training between the United States and South Korea on June 6, 2022 in East Coast, South Korea.South Korean Defense Ministry | Getty ImagesSouth Korean defense stocks have recorded stellar gains over the past 12 months, with one stock soaring more than 60% as tensions on the Korean Peninsula accelerate.Demand for arms — spurred partially by Russia’s invasion of Ukraine — has also propelled military spending, with global military spending worldwide increasing since 2018 to reach $2.1 trillion as of 2021, according to SIPRI Arms Transfer Database.related investing news 11 hours ago 2 days agoShares of Hanhwa Aerospace, a subsidiary of South Korean conglomerate Hanhwa Group, saw a whopping 66% rise since the start of the year, and a nearly 90% …
