benchmark interest rate

MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potenti...

BGF Retail Co., the operator of South Korea’s leading convenience store chain CU, said on Thursday that it signed a memorandum of understand...

South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...

Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...

South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...

Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-, with a Stable outlook for both c...

South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...

The South Korean won on Monday touched a five-month high as the central bank may not immediately cut its policy interest rate due to rising property...

Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...

South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, bettin...

South Korea’s corporate bond markets are having an unusually busy summer as companies are rushing to sell debts to lock in lower interest cost...

LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced the country’s first open-sourced artificial intelligence la...

South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...

Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...

South Korea’s headline inflation remained in the 2% range for the fourth straight month in July despite a reacceleration, complicating the Ban...

South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...

South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Ap...

South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil Corp., and HD Hyundai Oilbank—achieved a record high in petroleum pr...

Prime office transactions in Seoul hit a 10-year low in the second quarter due to delayed fundraising amid uncertainties of the central bank’s...

South Korea’s largest financial holding group KB Financial Group Inc. has logged its record quarterly profit in the April-June period, thanks ...

South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...

The sale of South Korean mid-sized insurer MG Non-Life Insurance Co. has been canceled as the financially distressed insurer failed to attract any b...

South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sharpest pace in three ...

The time is ripe to prepare an interest rate cut as consumer prices are holding around South Korea’s target of 2%. But it remains uncertain wh...

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 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...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is set to slash its overseas stocks under global i...

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