Korean Firms Delay Bond Sales as Tariffs Extend Asia Deal Slump

South Korean companies are delaying dollar bond sales as President Donald Trump’s tariff policies cause wild swings in markets, exacerbating a dry spell in new Asian deals outside of China.

Posco Holdings Inc., Hana Securities Co.Bloomberg Terminal and Shinhan BankBloomberg Terminal all delayed kicking off their debt offerings, originally scheduled for last week. Borrowers from emerging markets in Asia excluding China haven’t sold a dollar bond so far this month, based on data compiled by Bloomberg that exclude notes of under 18 months in maturity.