Korea Joongang Daily
Korea JoongAng Daily

S&P upgrades LG Electronics' long-term credit rating for first time in 12 years

S&P Global Ratings raised LG Electronics' long-term credit rating one notch to BBB+ from BBB on Tuesday, with a stable outlook, the company said Wednesday. It is the first time the agency has upgraded the rating in about 12 years.

2026-06-03

S&P maintains Korea's rating at 'AA,' gives stable outlook

Global credit appraiser S&P Global Ratings on Wednesday maintained its credit rating on South Korea at “AA,” with a stable outlook.

2026-04-29

점점 일본 닮아가는 한국 금융시장…중국·미국과는 멀어져

Korea’s market is breaking from longstanding patterns, moving more in step with the Japanese yen and Japanese equities while leaving behind its former ties to the Chinese renminbi and U.S. stocks.

2026-04-08

Korean currency, markets increasingly mirror Japan as they drift from China, U.S.

Korea’s market is breaking from longstanding patterns, moving more in step with the Japanese yen and Japanese equities while leaving behind its former ties to the Chinese renminbi and U.S. stocks.

2026-03-30

Wall Street posts biggest daily drop in three months, Trump's Greenland tariff threat triggers wide selloff

All three major Wall Street indexes ended Tuesday with their biggest one-day drops in three months, in a broad selloff triggered by concerns that fresh tariff threats from U.S. President Donald Trump could signal renewed market volatility.

2026-01-21

Kospi outperforms all other major global indexes in 2025, as non-U.S. markets overshadow S&P

Korea’s stock market outperformed other major global indexes in 2025, driving gains across non-U. S. markets as investors shifted their focus toward semiconductors, AI and emerging economies.

2025-12-30

More drops for AI stocks drag Wall Street to its worst day in nearly a month

More drops for AI stocks dragged the U.S. market lower Wednesday, and Wall Street sank to its fourth straight loss. The S&P 500 fell 1.2 percent for its worst day in nearly a month, though it’s still not far from its all-time high set last week.

2025-12-18

Kospi opens higher on chip, bio gains

Korean stocks opened higher Wednesday, as investors scooped up semiconductor, bio and other blue chips despite overnight losses on Wall Street.

2025-05-21

S&P maintains Korea's AA credit rating

Global credit rating agency Standard & Poor’s Global Ratings (S&P) maintained Korea’s long-term sovereign credit rating at AA on Tuesday, unchanged from its previous assessment.

2025-04-15

Seoul, S&P to begin annual consultation meetings next week

S&P officials will come to Korea to visit various government institutions as it begins its annual consultations to determine the country's credit rating.

2025-03-06