South Korean authorities pledged on Thursday to ensure liquidity at a local credit cooperative that has seen one of its branches hit by customer withdrawals after media reports about a rise in non-performing loans related to real estate projects.
Portuguese conglomerate Semapa has bought electric bike frame manufacturer Triangle's Cycling Equipments for 178.7 million euros ($195.2 million), part of its move into businesses geared towards decarbonisation, it said on Tuesday.
Struggling Swedish real estate group SBB is broadening a strategic review to include the options of a potential sale of the whole company or some of its business segments, it said on Monday, sending its shares up more than 9%.
Vietnam's VinFast is recalling all of its first batch of vehicles it shipped to the United States, the National Highway Traffic Safety Administration's (NHTSA) website showed on Thursday.