Hints and tips:
Related Special Reports
...Verner says his company has made contingency plans in case the tax credits disappear....
...This activity comes as the European Union investigates China’s use of subsidies for domestic EV makers....
...Visiting an LG-owned facility was a coded warning that Korean companies in particular should think twice before joining the US-led “decoupling” from China....
...Some tax credits in the IRA and Chips act require companies to meet prevailing wage and apprenticeship requirements....
...The company said last week that it would spend more than $4bn to convert a Michigan factory to build electric pick-up trucks and another $2.6bn with LG Chem to build a battery cell plant....
...Its downgrade followed The Communication Workers Union this week balloting 110,000 postal workers about a possible national strike over issues including working hours....
...In a country where people are still shy about talking about money and profits, some institutions such as credit unions and school organisations prefer to claim to be investing in society rather than trying...
...Consumer credit data is released at 2000 GMT....
...It does not, for example, remove the ultimate LG credit risk from the commercial banks’ balance sheets. But it does clearly use central bank liquidity to smooth a public debt problem....
...LG Electronics was up 1.4 per cent at Won70,400 and Kia Motors added 0.3 per cent to Won72,000. The Kospi was 0.4 per cent stronger at 1,881.24....
...Its share price has fallen 70 per cent this year and, last month, Standard & Poor’s cut its credit rating to junk....
...Exporters in Seoul were also weaker, with LG Electronics off 2.8 per cent to Won67,200 and Samsung Electronics down 1 per cent to Won1,255,000....
...“Poles work harder than almost anyone else in the union and they cost less too. That’s why we’re based here and that’s why our sales are going up every year.”...
...remained wary amid concerns about the slowing Chinese economy, after reports that the country’s biggest banks may miss their loan targets for the first time in seven years because of a lack of demand for credit...
...In Seoul, Samsung Electronics rose 1.2 per cent and LG Electronics was ahead by 1.7 per cent....
...Back in Seoul, however, Fitch said Kim’s death did not warrant a negative move on South Korea’s A plus credit rating....
...The downgrades followed the lowering of Italy’s long- and short-term credit ratings in January....
...“No hikes are likely given the slowing growth momentum and sustained uncertainties relating to Eurozone sovereign credit issues,” Goldman Sachs said in a report on Tuesday....
...The world’s largest shipbuilder said profit was hit because it was currently manufacturing vessels ordered at lower prices in the wake of the credit crunch....
...German bank Bayern LG and French toll road operator Autoroutes du Sud both had to delay plans to issue bonds late last week....
...He was inspired to launch his fund when his work at the ministry led him into the restructuring of LG Card, a failing credit card company that narrowly avoided bankruptcy in 2004....
...Greek 5-year credit default swaps have risen more than 10 per cent to breach 3,000 basis points for the first time in a clear sign some form of default is expected, with stresses added by ongoing debt swap...
...German bank Bayern LG and French toll road operator Autoroutes du Sud both delayed deals....
...The official figure for LG debt – released by the government’s national audit office last week – of $1,650bn is probably too low, say Moody’s. The real number may be much higher....
...Another downgrade of Portugal’s credit rating by Standard & Poor’s has barely caused a flicker....
International Edition