N.K. leader's death not to seriously affect S. Korea's rating
SEOUL, Dec. 19 (Yonhap) -- Global rating agencies said Monday that the death of North Korean leader Kim Jong-il would not immediately affect ratings assigned to South Korea despite increased market uncertainties and geopolitical risks.
According to Seoul's finance ministry, Standard & Poor's, Moody's Investor Service and Fitch Ratings said they would not adjust ratings on South Korea given its strong economic fundamentals and the soundness of the financial sector.