KEPCO Issues Electricity Cutoff Notices to Homeplus Stores
Korea Electric Power Corporation has issued notices to several Homeplus retail locations regarding potential electricity disconnections due to unpaid utility bills.
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Korea Hydro & Nuclear Power to Seek Replacement Contractor Following Stalled Negotiations
Korea Hydro & Nuclear Power (KHNP), a subsidiary of KEPCO, plans to initiate competitive bidding for a replacement contractor after negotiations regarding a settlement with Westinghouse Electric stalled.
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Korea Electric Power Stock Rises Friday: What's Going On?
Korea Electric Power is rising Friday as US-listed South Korean stocks rally on reports of a $100 billion Seoul-Washington energy deal.
Shares of U.S.-listed South Korean companies are trading higher amid reports suggesting that South Korea and the U.S. are nearing a deal to invest over $100 billion in the U.S. energy sector that may lead to better trade terms. Also, stabilizing bond yields and oil ticking lower help dollar-priced Korean stocks continue their late-summer rebound.