US credit rating

The Korean won is forecast to continue its downward spiral and soften past the 1,400 threshold against the greenback this year, while the Bank of Ko...

South Korea's SK Innovation Co. announced on Wednesday that it will host the “SK Innovation Global Forum” on July 13 in San Jose, Califo...

LG Electronics Inc. announced on Tuesday that it renewed a three-year expansion to its official partnership with the Tennessee Titans, an NFL team b...

South Korea’s major pharmaceutical company GC Biopharma Corp. announced on Monday that it shipped the initial volume of Alygro, its immunoglob...

South Korean individual investors are strongly betting on a drop in domestic share prices, in contrast to foreign investors’ aggressive buying...

South Korea’s Public Officials Benefit Association (POBA) is set to commit 150 billion won ($108.5 million) in preferred stocks for offices in...

South Korean oil refiner SK Innovation Co. secured an AA rating in the environmental, social, and governance (ESG) assessment by Morgan Stanley Capi...

South Korea’s household names Samsung, SK and LG have entered a new race to win the glass substrate market set to surge in the artificial inte...

Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is set to provide batteries for energy storage systems (ESS) to NextEr...

Kakao Enterprise, an AI-based cloud solutions service subsidiary of South Korea's Kakao Corp., announced on Thursday that it started the Rocket La...

South Korea's Air Premia Inc. announced on Thursday that it partnered with Alaska Airlines, the fifth-largest US carrier, through an interline agr...

South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combined 27.2 billion won...

PhyxUp Health Inc., an early stage South Korean digital healthcare startup, will soon close a pre-seed funding round, said its founder and chief, wh...

The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...

South Korea’s Hana Bank is set to reduce new corporate loans despite rising demand to improve profitability and soundness after having increas...

The Korea Tourism Organization (KTO) announced on Friday that the number of foreign tourists visiting South Korea in May was 1.42 million, an increa...

Flexell Space, an in-house space solar cell-developing startup under South Korea’s Hanwha Systems Co., will supply its tandem flexible batteri...

South Korea’s No. 2 petrochemicals maker Lotte Chemical Corp. has taken a hit from a lowered credit-rating outlook of the company and its majo...

South Korea's Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business agreement to develop and...

Samsung Electronics Co. announced on Thursday it launched an Internet of Things (IoT) credit card in collaboration with KB Kookmin Card. The card us...

South Korea will inject 274.4 billion won ($200 million) into a state-run R&D project for semiconductor packaging technology, a key to producing...

US e-commerce juggernaut Amazon.com Inc. will offer South Korean cosmetics producers one-stop support to enable them to reach millions of customers ...

South Korea's low-cost carrier (LCC) Jin Air announced on Wednesday that it received an A in the Sustinvest ESG (Environmental, Social, Governance) ...

SK On Co. has inked an MOU with ExxonMobil Corp. to buy lithium extracted by the US oil giant from a salt well in the US state of Arkansas. The deal...

South Korean private equity investments declined last year for the first time since 2016 due to interest rate hikes, high inflation and the Korean w...

Marine Innovation Co., a South Korean eco-friendly social venture company sponsored by the country’s top energy firm SK Innovation Co., is par...

SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, becoming the first domes...

Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its credit rating upgrade as the holding company ...