South Korea taps BP for deep-sea gas drilling project in East Sea
South Korea has selected BP plc as a partner to develop a deepwater gas reserve in Korea's East Sea, according to people familiar with the matter on...
BP joins race for S.Korea’s East Sea gas development after ‘Great Whale’ project declared botched
BP plc., a British multinational oil and gas company, is bidding to develop deepwater gas reserves off South Korea, reviving hopes for the Asian cou...
BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved
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...
SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell
SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...
Shinhan, POSCO invest $20 mn in Australian hydrogen startup Hysata
South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian g...
BP, Corio to invest $1.1 billion in S. Korea as Seoul-London ties deepen
LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1....
BOK chief says tightening not over after rate freeze
South Korea’s central bank chief on Tuesday defied market views that the monetary authority may have ended its tightening campaign, citing gro...
BOK takes 25-bp rate hike as won rebounds against dollar
South Korea’s central bank raised the base interest rate by 25 basis points to 3.25% during its monetary policy board meeting on Nov. 24, slow...
BOK may raise rates by 50 bps again on Fed, inflation
South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...
BOK mulls 50-bp rate hike despite slower Sept inflation
South Korea’s headline inflation slowed in September for a second straight month on lower oil prices, but the central bank is still predicted ...
Korea’s mounting trade deficit knocks won to 13-year low
South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...
Korea inflation hits highest point since 1998 crisis, BOK to hike rates
South Korea’s inflation accelerated further last month to its highest point since the 1997-98 Asian financial crisis, adding to expectations t...
BOK delivers first-ever 50-bp hike to curb inflation
South Korea’s central bank on Wednesday took the most aggressive measure with a 50-basis-point policy interest rate hike for the first time in...
BOK likely to take 50-bp big step hike to curb inflation
South Korea’s central bank is expected to raise interest rates by 50 basis points (bps) on Wednesday for the first time in history to cool dow...
German urban logistics and light industrial assets promising, DLE says
The pandemic has brought logistical real estate and infrastructure into the spotlight driven by long-term underlying e-commerce trends. It is advant...
