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Group allocates US$5bil for acquisitions over 3 years
SEOUL: The European Union’s (EU) antitrust regulator has not yet resumed its review of the proposed merger between South Korea’s two leading shipbuilders, putting its decision on hold for nearly a year.
SEOUL: South Korean steelmakers have raised prices of automotive steel for the first time in four years, people familiar with the matter said yesterday, a move that could boost their bottom lines.
SEOUL: Global funds have piled back into short selling South Korean stocks in the two weeks since authorities lifted a ban on the divisive investment strategy.
PETALING JAYA: Petronas LNG Ltd (PLL) has signed a Time Charter Party (TCP) for three newbuild liquefied natural gas (LNG) vessels with the shipowner, Hyundai LNG Shipping (HLS), bringing its global fleet presence to 27 vessels.
Demand-supply imbalance pushing car prices up
IN an article in The Star (Nov 17,2020), electric vehicle owners in Malaysia are limited as compared to Singapore, as pointed out by the Malaysian Electric Vehicle Owners Club (MyEVOC).
SEOUL: South Korea's Hyundai Motor Co said on Thursday first-quarter net profit jumped 187% to its highest in four years, in line with expectations, as demand for its high-margin sports-utility vehicles and premium Genesis cars boomed.