credit rating agencies

SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank...

LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the 2024 environmental, ...

South Korean credit rating agency NICE Investors Service Co. (NICE) downgraded Hyosung Chemical's credit rating outlook from stable to negative on W...

South Korea's Kyobo Life Insurance Co. announced on Tuesday that it has received an A1 (stable) insurance financial strength rating from Moody's Rat...

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...

South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report that the country&rs...

Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

South Korea's Kyobo Life Insurance Co. announced on Thursday that it received the highest rating of AAA for insurer financial strength (IFS) from th...

South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...

The Bank of Korea said on Thursday it has grown more uncertain about when to cut interest rates despite expectations of easing the monetary policy g...

South Korean institutional investors favor private credit as interest rates are expected to remain higher for longer, said speakers at the chief inv...

South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...

The Export-Import Bank of Korea (Eximbank) said on Friday that it signed an agreement with the Ministry of Finance of Cambodia to provide a foreign ...

Eduwill Corp., South Korea’s leading provider of online and offline test prep courses for adults, has taken a hit from a series of credit-rati...

As the Federal Reserve signaled delays in rate cuts after meeting earlier this month, more investors have adopted for a wait-and-see attitude. Those...

South Korea's financing and finance leasing firm M Capital Co. is facing a growing risk of liquidity crunch as its attempts to refinance maturing de...

Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul las...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

HMM Co., South Korea’s flagship sea carrier, announced on Tuesday that it achieved the Platinum rating from EcoVadis, a global environmental, ...

South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 bil...

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...

South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...

South Korea named John Lee, a former senior executive of the US National Aeronautics and Space Administration (NASA), as the head of missions such a...

South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...

HYBE Co. is seeking to sack Min Hee-jin, the chief of ADOR, its label behind globally popular girl group NewJeans, as it investigates allegations th...

South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music magazine Billboard on W...

The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar lev...

South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by...