Creditors cut off Hyundai Asan
According to the Economic Times of India: Creditors stopped providing new loans Thursday to South Korea’s troubled Hyundai Group, which runs a shipping line and major business projects in North Korea, officials said. Nine of the group’s 12 units will receive no fresh loans “until the group accepts our demands”, said a spokesman for Korea … Continue reading Creditors cut off Hyundai Asan
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