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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.

2026.6.3

A digital screen shows the Kospi, dolar-won exchange rate and Kosdaq at a Hana bank branch in Seoul on April 29. [YONHAP]

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.

2026.4.29

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Trader John Bishop, center, works with colleagues on the floor of the New York Stock Exchange in New York on Jan. 20. [AP/YONHAP]

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.

2026.1.21

Dilip Patel, right, and Bobby Charmak, left, work on the floor at the New York Stock Exchange in New York on Dec. 10. [AP/YONHAP]

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

The Standard & Poor's Global Ratings building in New York's financial district February 5, 2013. [REUTERS/YONHAP]

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.

2025.4.15

Acting President Choi Sang-mok speaks during a virtual meeting with global credit appraisers at his office in Seoul on Dec. 13, 2024. [YONHAP]

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.

2025.3.6

U.S. President-elect Donald Trump speaks during a meeting with the House Republican Party conference in Washington on Nov. 13. [REUTERS/YONHAP]

Trump’s potential tariff hike could slash Hyundai and Kia profits by up to 19%, S&P reports

U.S. President-elect Donald Trump's return to the White House next year could cut earnings before interest, taxes, depreciation and amortization for Hyundai Motor and Kia by up to 19 percent, according to a report released Friday by S&P Global.

2024.11.30

Jessica Fuk, a research analyst from S&P Global Market Intelligence [WOO SANG-JO]

Korean producers shouldn't lose hope in Netflix battle, S&P researcher says

The unprecedented success of Netflix original series “Squid Game” (2021) was cause for great celebration in Korea, but it was quickly followed by concern for the domestic market: Was Netflix hogging the fruits of the show's success?

2023.11.1

Finance Minister Choo Kyung-ho, left, speaks with an official from the global rating appraiser S&P Global Ratings Seoul on Aug. 28. [YONHAP]

Korea begins annual meetings with S&P to discuss credit, economy

Korea on Monday began annual consultation meetings with global rating appraiser S&P Global Ratings to discuss the country's credit valuation and economic circumstances, the Finance Ministry said.

2023.8.28

Electronic display boards at Hana Bank in central Seoul show stock and foreign exchange markets on Friday morning. [NEWS1]

Stocks open higher Friday on overnight Wall Street rallies

Stocks opened steeply higher Friday on overnight Wall Street rallies, as weaker-than-expected inflation data in the United States raised speculation of the Federal Reserve going easy on tightening.

2022.11.11