Investors seek a Doosan jolt

Article Abstract:

South Korean Doosan Group has been undergoing major corporate restructuring as it attempts to get rid of debt by selling assets. It sold a 45% stake in Oriental Brewery, and the Korean operations of Kodak, Coca-Cola, Nestle, and 3M, in order to increase its interest in Korea Electric Power Corp. Doosan Group is also looking for a foreign partner such as Westinghouse Corp. or General Electric Co. to increase heavy industrial operations.

United Kingdom, United States, Photographic equipment and supplies, Diversified Companies, Photographic and Photocopying Equipment Manufacturing, ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Electrical & Electronic Equip, Electrical Equipment, Appliance, and Component Manufacturing, Acquisitions & mergers, Electric Utilities, Electric Power Generation, Transmission and Distribution, Canned & Bottled Soft Drinks, Soft Drink Manufacturing, Food & Kindred Products, Food Manufacturing, Switzerland, FOOD AND KINDRED PRODUCTS, Electric services, Bottled and canned soft drinks, Photographic Equip & Supplies, Foreign operations, 3M Co., MMM, Electrical equipment and supplies industry, Electric equipment industry, Soft drinks, Mergers, acquisitions and divestments, Food industry, Coca-Cola Co. (Atlanta, Georgia), Nestle S.A., Soft drink industry, General Electric Co., GE, Photographic industry, KO, Eastman Kodak Co., EK, Korea Electric Power Corp., Westinghouse Electric Corp., WX, Doosan Group, Oriental Brewery

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Online auctioneer's board makeup gets a close look

Article Abstract:

Internet Auction, a South Korean online auction site, has a market share of 60% but is facing controversy due to its dominant shareholder. Investors are concerned about the firm's being 51% owned by the controversial Kwon Seung Moon, whose firm Will-bes was the subject of a complaint by Korea's Financial Supervisory Service (FSS).

Strategy & planning, Market share, Miscellaneous retail stores, not elsewhere classified, Art Dealers, Auctioneers, Art Dealers, Management, Auction firms, Kwon Seung Moon, Internet Auction Company Ltd.

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Consumers break the lending barrier in South Korea

Article Abstract:

Banks in South Korea have started granting consumer loans such as mortgages due to a combination of demographic upheaval, government-sponsored deregulation and economic necessity following the financial crisis of 1998. The article details lending practices in the past and the new changes.

Commercial Banks, Commercial Banking, Services introduction, Banking industry, Services, Mortgages, Loans

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