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SOUTH KOREAN CONGLOMERATES SUSTAIN HUGE FOREX LOSSES.
SEOUL, Dec 1 Asia Pulse - South Korea's top 30 business conglomerates have suffered over 10 trillion won (US$6.8 billion) in foreign currency-related losses in the first three quarters of the year, while their deficits are only expected to grow due to the weakening Korean won, an Internet-based analysis group said Sunday.
The group, Chaebol.Com, said a total of 164 listed businesses affiliated with the 30 largest conglomerates have suffered an aggregate foreign exchange loss of 10.7 trillion won as of the end of September.
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- S. KOREAN CONGLOMERATES SEE NO SIGN OF EARNINGS RECOVERY.
- News wire article from: AsiaPulse News June 1, 2009 700+ words
SEOUL, June 1 Asia Pulse - South Korean conglomerates expected their earnings to remain sluggish towards the end of this year, hit by a sharper decline in exports and stubbornly weak...
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- News wire article from: AsiaPulse News September 16, 2005 700+ words
SEOUL, Sept 16 Asia Pulse - South Korean conglomerates donated US$10 million to help those who suffered from Hurricane Katrina, their lobby group said Friday. According to the Federation...
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- News wire article from: AsiaPulse News October 31, 2006 700+ words
SEOUL, Oct 31 Asia Pulse - South Korean conglomerates' debt guarantees for their affiliates fell sharply this year, the country's corporate watchdog said Tuesday. According to...
- S. KOREAN CONGLOMERATES CUTTING DOWN ON RECRUITMENT: SURVEY.
- News wire article from: AsiaPulse News July 14, 2004 700+ words
SEOUL, July 14 Asia Pulse - The proposed job recruitment by South Korean conglomerates in the latter half of this year has decreased compared to the same period of 2003, an online employment information provider said...
- Korean conglomerates sustain huge foreign exchange losses.
- News wire article from: YON - Yonhap News Agency of Korea November 30, 2008 700+ words
...billion won for the same period last year, the analysts said. "The Korean conglomerates' unrealized foreign exchange losses stemming from their foreign...currency closed at 1,476 to the dollar on Friday. (THROUGH ASIA PULSE)
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- News wire article from: YON - Yonhap News Agency of Korea June 1, 2009 700+ words
SEOUL, June 1 (Yonhap) -- South Korean conglomerates expected their earnings to remain sluggish towards the end of this year, hit by...currency strengthens against the U.S. dollar, the federation said. (THROUGH ASIA PULSE)
- S. Korean conglomerates' debt guarantees nearly halve.
- News wire article from: YON - Yonhap News Agency of Korea November 1, 2006 700+ words
SEOUL, Oct. 31 (Yonhap) -- South Korean conglomerates' debt guarantees for their affiliates fell sharply this year, the country...affiliates or other companies in excess of 25 percent of their net worth. (THROUGH ASIA PULSE)
- S. Korean conglomerates chip in US$10 mln for Katrina victims.
- News wire article from: YON - Yonhap News Agency of Korea September 16, 2005 700+ words
SEOUL, Sept. 16 (Yonhap) -- South Korean conglomerates donated US$10 million to help those who suffered from Hurricane Katrina, their...controlled industrial groups in South Korea, called "chaebol" here. (THROUGH ASIA PULSE)