Seoul Shares Biggest Daily Loss in 4 Months

Tuesday, July 14, 2009

According to a Reuters report, Seoul shares fell 3.5 percent on July 13, their biggest daily percentage loss in more than four months, amid renewed U.S. financial and earnings worries, while North Korea-related news added pressure. The Korea Composite Stock Price Index (KOSPI) finished down 3.53 percent at 1,378.12 points, its biggest daily percentage decline since a 4.16 pct fall on March 2.

(Source: Reuters)


Finance

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

Australia Warns DCNS after Security Breach

Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0677 sec (15 req/sec)