Korean commercial act revision to drive reevaluation of equities: J.P. Morgan
J.P. Morgan, a leading US investment bank, has thrown its weight behind South Korea’s landmark commercial act revision, saying that the new go...
Korea’s top cinema chains seek merger to counter box office slump
South Korea’s two leading multiplex operators Lotte Culture Works Co. and Contentree JoongAng Corp. have tentatively agreed to merge in a bid ...
S&P reaffirms South Korea’s AA credit rating with stable outlook
S&P Global Ratings has reaffirmed South Korea’s sovereign credit rating at AA with a stable outlook, citing the country’s resilient ...
Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s
Global credit rating agencies are warning of looming downward pressure on South Korea’s sovereign credit rating about a month after Asia&rsquo...
South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch
South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...
S&P downplays martial law impact on S.Korean economy
Global credit rating agency Standard & Poor's (S&P) said on Thursday "the introduction and swift revocation of martial law in South Korea ...
Quick delivery war deepens Korean big-box retailer-Baemin ties
As competition for same-day delivery heats up in South Korea, traditional big-box retailers are rushing to join hands with the country’s No. 1...
KT unveils 8K resolution AI IPTV set-top box
South Korea's KT Corp. unveiled the first IPTV set-top box supporting 8K resolution (33.2 megapixels) with on-device AI capabilities on Tuesday. Ac...
S&P upgrades SK Innovation credit rating to BBB-
Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...
POSCO E&C gets ISMS-P Info Security certification
South Korea's POSCO E&C said on Thursday that it obtained the "Information Security Management System & Personal Information Protection Mana...
SK Earthon wins 2nd oil field exploration bid in Malaysia
SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korean energy giant SK Innovation Co., is accelerating its g...
POSCO Int'l wins first credit rating from S&P, Moody's
South Korea's POSCO International Corp. said on Thursday that it received its first-ever credit ratings from Standard & Poor's (S&P) and Moo...
POSCO to sell entire stake in P&O Chemical to OCI
POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...
Hyundai Motor, Kia gets A- credit rating from S&P Global
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...
BofA eyes its 1st Korean IPO management with K Bank deal
Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...
Kospi 200 firms' values sharply below MSCI developed market rivals
South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, according to the Kor...
HL Mando listed in S&P Sustainability Yearbook 2023
HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, announced on Tuesday that it has been i...
CJ Logistics builds logistics center for Crocs
South Korea’s CJ Logistics announced on Thursday that it has established a global logistics center for the renowned shoe brand Crocs in Icheon...
SKC to develop biodegradable eco-friendly paint containers
SK TBMGeoStone, a subsidiary of South Korea's SKC Ltd. for the investment of biodegradable material, plans to enter the eco-friendly container marke...
P&O Chemicals completes pitch plant for cathode materials
South Korea's P&O Chemical, a joint venture of POSCO Future M Co. and OCI Holdings Co. completed the pitch plant in Tancheon Industrial Complex,...
Neowiz, SK Hynix to team up for global marketing
South Korean game developer Neowiz announced on Friday it has signed a memorandum of understanding (MOU) with SK Hynix Inc. for global marketing col...
CU to sell souvenir snack set for foreign tourists
South Korean convenience store chain CU next month will launch a souvenir snack set for foreign tourists.This will be the first product of its kind ...
KFC Korea to start franchise business for faster growth
Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...
LG Display, LG Chem develop homegrown OLED material
South Korea’s LG Display Co. and LG Chem Ltd. have domestically produced a core material for organic light-emitting diode (OLED) that they pre...
Pulmuone launches unmanned instant cooking vending machine
South Korean food company Pulmuone announced on Tuesday that it developed an advanced robotic vending machine capable of preparing hot meals on dema...
Smilegate to launch video communication service
The face on a video call screen changes into a game character, making the conversation fun. This is the main function of P.Pool, a video communicati...
S&P expects BOK to cut rate by 100 bps in 2024 for growth
South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...
NH Property & Casualty Insurance inks MOU with Vietnam's PVI
South Korea's NH Property and Casualty Insurance announced on Wednesday its new comprehensive business cooperation agreement (MOU) with PVI Insuranc...
CJ Olive Young introduces Beauty Box filled with K-beauty products
South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...
POSCO's composite column building method gets green tech certification
South Korea's steelmaker POSCO on Sunday said its P-Box Column, the method of building a concrete-filled synthesized column jointly developed with P...
