south korea

Exxon declares force majeure on Russian Sakhalin-1 operations

Exxon Mobil Corp (XOM.N) said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due…

4 years ago

EXCLUSIVE Major buyers of Russian oil struggle with bank guarantees -sources

The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil…

4 years ago

Hong Kong fund to sell Japan, S.Korea Burger King business in deal over $1bln – source

Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South…

4 years ago

Japan steel industry says EU extension of anti-dumping measures inappropriate

The head of Japan's main steel industry lobby said on Tuesday the European Union's decision to extend anti-dumping measures on…

4 years ago

Exclusive: China agrees with U.S. to release oil reserves near Lunar New Year

China will release crude oil from its national strategic stockpiles around the Lunar New Year holidays that start on Feb.…

4 years ago

Apple submits plans to allow alternative payment systems in S.Korea – regulator

South Korea's telecommunications regulator said on Tuesday Apple Inc (AAPL.O) had submitted plans to allow third-party payment systems on its App Store…

4 years ago

Global economy: Asian factories take Omicron risks in stride, for now

Asia's factory activity grew in December as companies took rising global cases of the new Omicron coronavirus variant in stride,…

4 years ago

EXCLUSIVE Geely, Renault to soon announce hybrid-focused auto JV for Asia – sources

Geely Holding and France's Renault are likely to soon announce a deal to jointly produce the Chinese automaker's hybrid vehicles…

4 years ago

Beijing rule changes to revive China’s IPO prospects in 2022, bankers say

Greater China's flagging initial public offerings (IPOs) are set to get a fillip in 2022 from the expected unveiling of…

4 years ago

LG Energy Solution targets up to $10.9 bln in S.Korea’s biggest IPO

LG Energy Solution (LGES) is likely to raise up to 12.8 trillion won ($10.87 billion) in what could be South…

4 years ago