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The recent World Food Summit in Rome clearly failed to do its job. It did well to focus attention on the risk of food price shocks of the magnitude experienced in mid-2008, which led to civil unrest in over 30 countries. Yet it...
Asian share markets mostly fell on Friday as investors' sentiment turned soured after the Wall Street losses overnight. Company News Tokio Marine Holdings Inc. (TYO:8766) plans to establish an Indian life insurance joint...
Thanks to growth in China and sky-high oil prices, the Korean parts maker is winning big contracts and expecting more South Korea is home for industries benefiting from high oil prices and China's sizzling growth. And few parts...
India chief Karl Slym says pact will benefit both parties. Murali Gopalan Mumbai, Nov. 20 Mr Karl Slym, President and Managing Director of General Motors India, is categorical that the proposed alliance with SAIC Motor...
GM Daewoo Auto and Technology Co. said Friday it had started shipping new mini cars to Europe as the South Korean unit of US auto giant General Motors Co. seeks to expand global sales. GM Daewoo, acting as General Motors'...
SEOUL, Nov 20 (Reuters) - South Korean builder Daewoo Engineering & Construction <047040.KS> said on Friday it had won a $1.2 billion order under the United Arab Emirates' Ruwais refinery expansion project.
Takreer (Abu Dhabi Oil Refining Company) announced today that balance three Contracts worth $ 4.4 billion have been awarded to three South Korean Companies for "Engineering, Procurement, Construction and Commissioning", or EPC,...
ROKS King Sejong the Great (click to view full) KDX (Korean Destroyer eXperimental) is the Republic of Korea’s big surface combatant shipbuilding program. The latest item is a $41.1 million award to Lockheed Martin for combat...
Nexia cars, produced by GM-Uzbekistan plant in the Uzbek city of Asaka since 1996, have been popular among Russian customers for long period. In the recession period the demand for these economy-class cars grew up. According to...
SEOUL, Nov 20 (Reuters) - Seoul shares fell on Friday pressured by recovery worries following weak U.S. data, with exporters such as Samsung Electronics declining, but KEB rose on a report of KDB's interest in the bank.
