Seoul Shares Close at Two Month Low

Monday, February 23, 2009

According to a Feb 20 Reuters report, Seoul shares fell 3.7 percent on Friday, posting their weakest close in more than two months, with the sliding won raising worries about higher funding costs, and shipbuilders sank on fears about possible contract cancellation.

(Source: Reuters)


Finance

SOS from Hanjin Shipping

The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

Skaugen Goes to Red Again

Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities

 
 
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