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Seoul / Bloomberg South Korea will bolster capital at policy banks through a fund …
Read More »South Korea to raise $9.5bn funds to restructure shipyards
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Prosecutors raid Daewoo Shipbuilding in fraud probe
Seoul / AFP Prosecutors on Wednesday raided Daewoo Shipbuilding and Marine Engineering Co., one …
Read More »Suzuki plans resignations, pay cuts
Tokyo / Bloomberg Suzuki Motor Corp. Chairman Osamu Suzuki ceded the role of chief …
Read More »Monsoon brings rain relief to drought-hit farms
New Delhi / Bloomberg India’s monsoon has finally arrived. The annual rains reached the …
Read More »Japan revises up Q1 growth
Tokyo / AFP Japan’s economy expanded at a slightly faster pace than first thought, …
Read More »ECB’s Draghi fires starting gun on corporate bond purchases in Europe
Bloomberg The European Central Bank started buying corporate bonds on Wednesday, according to people …
Read More »French business confidence drops to 14-month low
Bloomberg French business confidence fell its lowest level in more than a year in May …
Read More »Danske tells clients to hedge for FX losses ahead of Brexit
Bloomberg Denmark’s biggest bank is telling clients to hedge against currency losses that will …
Read More »Rosneft Q1 profit falls 75% as crude oil slumps to low
Bloomberg Rosneft OJSC, Russia’s largest oil producer, said profit slumped 75 percent in the …
Read More »Carney says new graduates are entering a lopsided job market
Bloomberg Bank of England Governor Mark Carney told hometown university graduates they are entering …
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