credit rating cuts

South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...

South Korea’s largest container line HMM Co. said on Thursday it had the lowest carbon emission intensity on East Asia–US West Coast rou...

Lotte Chemical Corp., a major South Korean petrochemical manufacturer, joined hands with CF Industries Holdings Inc., the world’s largest ammo...

South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...

South Korea’s central bank held its policy interest rate unchanged on Thursday as it slashed forecasts for economic growth and inflation altho...

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

South Korea saw its fertility rate, which has been already the world’s lowest in the past few years, hit its historic low of 0.78 last year, a...

South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authority may hold the polic...

South Korea's SK Chemicals said on Monday that it has joined a global initiative that aims to set science-based targets for reducing greenhouse gas ...

Lexus, the premium brand of Japanese carmaker Toyota Corp., offers the best after-sales service among imported cars in South Korea, followed by Swed...

South Korea’s low-income households are feeling the pinch of rising food prices amid the COVID-19 pandemic, according to a report by a local t...

SK Hynix Inc., the world’s second-largest memory chipmaker, will not significantly cut its semiconductor output this year, Vice Chairman Park ...

The yield on South Korea’s benchmark three-year treasury bonds has stayed below the base rate for a month, out of sync with monetary policies ...

South Korea’s sea flag carrier HMM Co. is expected to suffer an over-80% plunge in operating profit this year due to a downward spiral in cont...

Banks in South Korea last month saw deposits plummet over 45 trillion won ($35.5 billion) from the previous month due to a decline in deposit intere...

SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...

Apple and Hyundai Card on Wednesday officially announced the launch of the simple payment service Apple Pay in South Korea.The American tech giant s...

Samsung Electronics Co. and LG Electronics Inc. are vying for the North American market for air conditioners with their cutting-edge solutions in th...

SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...

SK Bioscience Co., a biopharmaceutical arm of South Korea's SK Group, announced it has received a BBB rating in its latest environmental, social, an...

South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...

Korean Air Lines Co. had its strongest performance ever in 2022, as it successfully cashed in on a thriving cargo business and a full recovery in pa...

MGRV Community & Space, a South Korean startup that operates co-living facilities under the brand "Mangrove," announced on Wednesday it has attr...

A research team at South Korea's top science and technology university has developed an anti-drone technology that can remotely neutralize a city-in...

The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...

Samsung Electronics Co. said on Tuesday it has no plans to cut semiconductor production even if it incurs temporary losses as the world’s larg...

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...

Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...

South Korean companies are making renewed pushes to go public this year even at the expense of reduced IPO values.Zaram Technology Inc., a chip desi...