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Category: FINANCE

Posted on March 30, 2021

Saudi wants OPEC+ to extend oil cuts into June, source says

Saudi Arabia is prepared to support extending oil cuts by OPEC and its allies into June and is also ready to prolong its own voluntary cuts to boost prices amid a new wave of coronavirus lockdowns, a …

( read original story …)



Posted on March 30, 2021

Saudi Islamic Banks: 2020 Results Dashboard

Saudi Arabia has the largest proportion of Islamic banks’ financing (82%) of any country that allows conventional banks to operate alongside Islamic banks. This increased in 2020 due to strong retail …

( read original story …)



Posted on March 30, 2021

UPDATE 1-South Korea’s SKIET to launch IPO to raise at least $1 bln, sources

South Korea’s SK IE Technology (SKIET) will begin its initial public offering (IPO) process Wednesday as it aims to raise at least $1 billion, according to two sources with direct knowledge of the …

( read original story …)



Posted on March 30, 2021

UPDATE 1-South Korea’s SKIET to launch IPO to raise at least $1 bln, sources

South Korea’s SK IE Technology (SKIET) will begin its initial public offering (IPO) process Wednesday as it aims to raise at least $1 billion, according to two sources with direct knowledge of the …

( read original story …)



Posted on March 30, 2021

UPDATE 1-South Korea’s SKIET to launch IPO to raise at least $1 bln, sources

South Korea’s SK IE Technology (SKIET) will begin its initial public offering (IPO) process Wednesday as it aims to raise at least $1 billion, according to two sources with direct knowledge of the …

( read original story …)



Posted on March 30, 2021

S. Korea’s state budget likely to exceed W600tr next year

The government will keep its expansionary fiscal policy stance next year to support the recovery of the coronavirus-hit economy, the government said, hinting at another mega budget exceeding 600 …

( read original story …)



Posted on March 30, 2021

S. Korea’s state budget likely to exceed W600tr next year

The government will keep its expansionary fiscal policy stance next year to support the recovery of the coronavirus-hit economy, the government said, hinting at another mega budget exceeding 600 …

( read original story …)



Posted on March 30, 2021

S. Korea’s state budget likely to exceed W600tr next year

The government will keep its expansionary fiscal policy stance next year to support the recovery of the coronavirus-hit economy, the government said, hinting at another mega budget exceeding 600 …

( read original story …)



Posted on March 30, 2021

Hyundai Motor to Suspend South Korea Production Due to Chip Shortage

South Korea’s Hyundai Motor Co said on Tuesday it would suspend production at its Ulsan No.1 plant in South Korea from April 7-14 because of a shortage of semiconductor chips and supply issues with …

( read original story …)



Posted on March 30, 2021

Hyundai Motor to Suspend South Korea Production Due to Chip Shortage

South Korea’s Hyundai Motor Co said on Tuesday it would suspend production at its Ulsan No.1 plant in South Korea from April 7-14 because of a shortage of semiconductor chips and supply issues with …

( read original story …)



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