BP

Energy 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...

Corporate investment 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...

Business & Politics 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....

Central bank 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...

Central bank 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...

Central bank 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...

Economy 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 ...

Foreign exchange 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 ...

Economy 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...

Central bank 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...

Central bank 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...

Alternative investments 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...