Moody’s Pessimistic about South Korean Companies’ Future Credit Ratings

Business Korea | Sep 11, 2019 at 1:44 AM
  • Moody’s has forecast that the number of negative adjustments of South Korean companies’ credit ratings is likely to exceed the number of positive adjustments for the upcoming year.
  • The agency mentioned that the trade war would continue to adversely affect the performance of export-driven companies unlike Japan’s export curbs.