AL AIN / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today ...
Read More »South Korean pension fund clears Daewoo bailout plan
Bloomberg South Korea’s National Pension Service agreed to restructure 1.55 trillion won ($1.4 billion) of bonds issued by Daewoo Shipbuilding & Marine Engineering Co., helping the world’s largest shipbuilder tide over a payment crisis that had threatened to almost shut the company. An agreement came after Daewoo, the Korea Development Bank and Export-Import Bank of Korea took steps to ...
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