low fertility rates
Scope
Date
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Corporate bonds
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...
Aug 30, 2024 (Gmt+09:00)
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Central bank
Bank of Korea holds rate steady, signals pivot to easing soon
South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...
Aug 28, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis develops nickel-free inductor material
Hyundai Mobis Co. has developed the world's first nickel-free inductor material, which is expected to sharply cut the cost of manufacturing inductor...
Aug 27, 2024 (Gmt+09:00)
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Banking & Finance
Kookmin to tighten loan limits to cool housing market
Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...
Aug 26, 2024 (Gmt+09:00)
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Private equity
Korea’s Tmax Group buys back software developer for $612 mn
South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...
Aug 23, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain
Lotte Fine Chemical Co., a subsidiary of South Korea's Lotte Chemical Corp., said on Friday that it signed a Clean Ammonia Value Chain Agreement (JC...
Aug 23, 2024 (Gmt+09:00)
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Automobiles
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...
Aug 22, 2024 (Gmt+09:00)
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Central bank
BOK signals autumn rate cut as inflation, economic growth slow
South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...
Aug 22, 2024 (Gmt+09:00)
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Foreign exchange
Korean won at 5-mth high; BOK may not lower interest rate
The South Korean won on Monday touched a five-month high as the central bank may not immediately cut its policy interest rate due to rising property...
Aug 19, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Acquisition loan rates dip to pre-pandemic levels in S.Korea
Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...
Aug 15, 2024 (Gmt+09:00)
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Bio & Pharma
Costco sells Celltrion's Yuflyma Low WAC in US
South Korea's Celltrion Inc. announced on Tuesday that its autoimmune disease treatment Yuflyma (Low WAC, active ingredient adalimumab) is now avail...
Aug 13, 2024 (Gmt+09:00)
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Banking & Finance
Korean pension subscribers show ultra-low risk tolerance
South Korean pension plan subscribers prefer to protect their money rather than taking risks for capital gains despite the government's effort to en...
Aug 13, 2024 (Gmt+09:00)
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Korean stock market
Korea’s retail investors buy stocks on dips in turmoil
South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, bettin...
Aug 13, 2024 (Gmt+09:00)
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Construction
Korea’s Ssangyong C&E exports eco-friendly limestone cement to US
Ssangyong C&E Co., a leading South Korean cement maker, said on Monday it has exported 30,000 tons of low-carbon limestone cement to the US &nda...
Aug 12, 2024 (Gmt+09:00)
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Debt financing
Korean firms rush to sell bonds with yields at over 2-yr low
South Korea’s corporate bond markets are having an unusually busy summer as companies are rushing to sell debts to lock in lower interest cost...
Aug 08, 2024 (Gmt+09:00)
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Korean stock market
South Korean stocks rebound but still on rollercoaster
South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...
Aug 06, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung produces thinnest low-power DRAM for AI mobile devices
Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...
Aug 06, 2024 (Gmt+09:00)
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Airlines
Low-cost carrier Fly Gangwon rebranded as Parata Air
South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....
Aug 06, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Shinsegae buys low-cost cosmetics brand Amuse from Naver Snow
South Korea's Shinsegae International Inc. announced on Friday that it will acquire 100% of Amuse Corp., a cosmetics brand, for 71.3 billion won ($5...
Aug 05, 2024 (Gmt+09:00)
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Retail
GS25 to challenge Daiso in low-cost cosmetics market
South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic products, targeting ...
Aug 05, 2024 (Gmt+09:00)
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Real estate
Korea's warehouses suffer oversupply, rising vacancies
Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...
Aug 02, 2024 (Gmt+09:00)
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Economy
BOK in limbo on rate decison with July inflation below 3%
South Korea’s headline inflation remained in the 2% range for the fourth straight month in July despite a reacceleration, complicating the Ban...
Aug 02, 2024 (Gmt+09:00)
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Markets
Korean treasury yields fall to lowest level in over 2 years
South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Ap...
Jul 30, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank exports bio marine fuel blends
The Korea Customs Service announced on July 29 that domestic petroleum products were exported after being blended in a bonded zone for the first tim...
Jul 30, 2024 (Gmt+09:00)
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Petrochemicals
S.Korea's refining industry sees record export of 245.3 mn barrels
South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil Corp., and HD Hyundai Oilbank—achieved a record high in petroleum pr...
Jul 25, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia to hike prices of low-cost EVs for profitability
Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second hal...
Jul 25, 2024 (Gmt+09:00)
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Real estate
Seoul prime office deals at 10-year low on rate uncertainty
Prime office transactions in Seoul hit a 10-year low in the second quarter due to delayed fundraising amid uncertainties of the central bank’s...
Jul 24, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank adds Indonesian to banking platform
South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...
Jul 23, 2024 (Gmt+09:00)
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Economy
Korean banks raise mortgage rates despite looming rate cut
South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sharpest pace in three ...
Jul 17, 2024 (Gmt+09:00)
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Robotics
Lotte Innovate releases autonomous security robot Dooroo Eye
South Korea's Lotte Innovate will unveil its autonomous security robot, Dooroo Eye, at the upcoming Autonomous Driving Mobility EXPO 2024, the com...
Jul 16, 2024 (Gmt+09:00)
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