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Govt. urges Taeyoung to draw up additional self-rescue measures

The government called on troubled Taeyoung Engineering & Construction Co. on Monday to present additional self-rescue measures to gain the trust of creditors and initiate a debt workout process, the finance ministry said. Last month, the midsized builder applied for a debt restructuring program due to a liquidity shortage over real estate project financing loans and announced a set of self-rescue measures. But cr. ....

South Korea , Kang Seog Hoon , Rhee Chang Yong , Ecobit Co , Korea Development Bank , Taeyoung Industries , Taeyoung Engineering Construction Co , Blueone Co , Taeyoung Engineering , Finance Minister Choi Sang Mok , The Korea Herald , Orean News , Outh Korea News , Outh Korea News In English , Sia News , K Pop , 코리아 헤럴드 ,

South Korean shares edge lower; focus turns to US inflation data

Round-up of South Korean
financial markets:
South Korean shares eased on Monday as investors struggled
for direction, with focus on U.S. inflation data due later this
week for clues. ....

South Korea , Soult Ukpyolsi , South Korean , Cynthia Kim , Federal Reserve , Kia Corp , Samsung Electronics , Lg Energy Solution , Taeyoung Engineering , Hyundai Motor , Rashmi Aich ,

Gov't urges Taeyoung to draw up additional self-rescue measures

The government called on troubled Taeyoung Engineering & Construction on Monday to present additional self-rescue measures to gain the trust of creditors and initiate a debt workout process, the finance ministry said. ....

Soult Ukpyolsi , South Korea , Kang Seog Hoon , Rhee Chang Yong , Taeyoung Industries , Korea Development Bank , Taeyoung Engineering , Finance Minister Choi Sang Mok , Debt Restructuring Plan , Pf Loan , South Korea , He Korea Times , Orea Times , Orean News In English ,

S.Korea says will expand support fund if needed on builder Taeyoung risk

South Korea s finance minister
said on Monday the government will expand the size of a market
stabilizing fund from the current 85 trillion won if needed as risks related to builder.
-January 07, 2024 at 07:06 pm EST
- MarketScreener ....

Soult Ukpyolsi , South Korea , Cynthia Kim , Kim Coghill , Taeyoung Engineering ,