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Construction shares outlook downgraded due to project financing woes - Vimarsana News

Construction shares outlook downgraded due to project financing woes

A growing number of local brokerages are revising down their target prices for construction industry shares, in an attempt to better reflect the project financing risks highlighted by the case of Taeyoung Engineering & Construction's debt renegotiations, market watchers said Sunday.

Major conglomerates speed up generational shifts in leadership - Vimarsana News

Major conglomerates speed up generational shifts in leadership

Korea’s major conglomerates are moving to speed up generational shifts in leadership, in a strategic move to tackle economic uncertainties by injecting younger approaches to conventional businesses.