Exports hold the key

Article Abstract:

South Korean first-quarter 2001 gross domestic product growth was 3.7% over the gross domestic product in first-quarter 2000, but the figure is much less than the 12.6% growth in gross domestic product South Korea experienced during the same period last year. There is worry that weakness in the stock market and technology sector will affect exports and future growth. Corporate and governmental efforts to help struggling companies and the economy have been criticized.

Gross Domestic Product, Exports of Merchandise (+), International trade, Economic development

---

Hyundai stock might skid after GM's Daewoo deal

Article Abstract:

General Motors' announcement that it will buy parts of Daewoo Motor caused Hyundai Motor shares to drop 5.1% to 14,950 won. Long-term effects of the acquisition may show the GM-Daewoo firm take market share away from Hyundai, although the short-term impact should be minimal.

United States, Market share, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Financial analysis, Motor Vehicles and Equipment, Mergers, acquisitions and divestments, Forecasts and trends, General Motors Corp., GM, Transportation equipment industry, GM Daewoo Auto and Technology Company Ltd., Hyundai Motor Company Ltd.

---

SK Telecom grabs attention; rise in foreign ownership may help firm

Article Abstract:

The South Korean Ministry of Information and Communications has announced that the foreign ownership cap for SK Telecom will be increased from 33% to 49% as of July 1, 1999. Analysts are urging investors to take advantage of the opportunity in making profit from South Korea's biggest cellular telephone services firm. Despite its stock price having increased substantially in the past, analysts expect SK Telecom stock prices to increase further as a result of the announcement.

Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Securities issued, listed, Cellular telephone services industry, Cellular telephone services, SK Telecom Company Ltd.

Similar abstracts:

• Abstracts: Telefonica reports a 38% rise in net in '99 despite myriad bumps in road. Telefonica's revenue soars 24% on mobile and Latin American units
• Abstracts: France Telecom's Orange unit beats expectations for 1st half. Snook to leave Orange after IPO
• Abstracts: A deluge of IPOs is set for 2001 but investors may not be interested. Deluge of telecom stocks may come
• Abstracts: A central character in Russian whodunit says he was a victim. Norilsk faces scrutiny from market regulator
• Abstracts: Thales beats market expectations with 44% surge in operating profit. Air France posts profit but pares growth plans

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.