S&P lowers KEPCO’s stand-alone credit rating to non-investment grade

S&P lowers KEPCO’s stand-alone credit rating to non-investment grade

Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...

Korea Hana teams up with British developer Nick Candy in Chelsea bid

Korea Hana teams up with British developer Nick Candy in Chelsea bid

South Korea’s Hana Financial Group has joined the race to buy English Premier League club Chelsea in a consortium with British property develo...

SK units at risk of rating cuts on aggressive investments

SK units at risk of rating cuts on aggressive investments

South Korea’s SK Group units focusing on investments in new eco-friendly industries are facing risks of credit rating downgrades.Investors hav...

KTB PE earns 100% return from US brand sold to P&G

KTB PE earns 100% return from US brand sold to P&G

South Korea-based KTB Private Equity has earned a 100% return from Farmacy Beauty, just a year after its investment, following Procter & Gamble'...

Contrarian leader's bets drive Kumho Petrochem's record profits

Contrarian leader's bets drive Kumho Petrochem's record profits

At the end of last year, executives of Kumho Petrochemical Co. were in a heated debate on whether or not to expand the capacity of nitrile butadiene...

POSCO International, Petronas sign PSC for Malaysian gas development

POSCO International, Petronas sign PSC for Malaysian gas development

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has signed a production sharing contract (PSC) for the development of an...

SK Innovation officially launches battery, E&P split-offs

SK Innovation officially launches battery, E&P split-offs

South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...

POSCO Chem, OCI to produce previously imported battery material in Korea

POSCO Chem, OCI to produce previously imported battery material in Korea

POSCO Chemical and OCI plan to produce in South Korea a key material for electric vehicle batteries, which has so far been imported.POSCO Chemical s...

KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk

KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...

POSCO International, Pertamina seek joint oil, gas development off Indonesia

POSCO International, Pertamina seek joint oil, gas development off Indonesia

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has agreed with Indonesia’s PT Pertamina Hulu Energi (PHE) to look...

Korea’s stock markets rise most among majors; beat S&P 500, Nasdaq gains

Korea’s stock markets rise most among majors; beat S&P 500, Nasdaq gains

South Korean bourses on Wednesday wrapped up this year's trade at their highest levels of the year, rising the most among major equity markets and b...

J.P. Morgan lifts 2021 Kospi target to 3,200

J.P. Morgan lifts 2021 Kospi target to 3,200

Global investment firm J.P. Morgan projects South Korea’s benchmark Kospi will climb to 3,200 next year, up nearly 18% from the current 2,72...

Kospi's 12-month P/E ratio hits a 13-year high

Kospi's 12-month P/E ratio hits a 13-year high

Kospi has posted a 13-year high with 12-month forward price-earnings ratio recording 12.84 times on August 6, according to financial data provide...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale