credit rating model

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

The Korea Investment Corporation (KIC) is zeroing in on Asia’s real estate market by region, while targeting residential facilities and data c...

Hyundai Motor Co. has joined forces with the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, to build its first manufactur...

GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...

The Korean Teachers’ Credit Union (KTCU), a retirement fund operator for South Korean teachers, has picked 10 local private equity firms to ru...

China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...

The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...

S&P Global Ratings has reaffirmed South Korea’s sovereign credit rating at AA with a stable outlook, citing the country’s resilient ...

South Korean telecom service provider KT Corp. has built a large language model (LLM) platform tailored for the Thai market in collaboration with Ja...

South Korea’s National Pension Service (NPS), the country’s largest institutional investor, is set to overhaul its investment strategy w...

Kia Corp., South Korea’s second-largest carmaker, will build an electric pickup model tailored for North America to enter the world’s la...

KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...

SK Hynix Inc., the world’s largest supplier of high-bandwidth memory (HBM), aims to lock in orders for its entire 2026 HBM output by the end o...

South Korean solar cell company OCI Holdings Co. said on Thursday it will build a solar cell manufacturing plant in Texas through its US subsidiary ...

LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...

Even before South Korea’s second-largest hypermarket chain Homeplus Co. was put under court receivership due to its worsening financial woes, ...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has agreed to buy a stake in Australian asset mana...

Kia Corp. will release a new purpose-built vehicle (PBV) model every two years, with plans to launch the PV9 in 2029 and its first model, the PV5, t...

Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, said on ...

South Korea’s fertility rate bounced back last year for the first time in nearly a decade following a surge in marriages, raising hopes for a ...

South Korea’s central bank on Tuesday cut interest rates while sharply reducing its economic growth forecast as lingering political turmoil fo...

LG Innotek Co., a major South Korean electronics parts developer, has forayed into the automotive application processor (AP) module market, poised f...

South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), the parent of the world’s largest shipbuilder HD Hyundai Heavy Industries Co.,...

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...

South Korea’s economy expanded 2.0% last year, falling short of the central bank’s forecast on weaker-than-expected growth in the fourth...