Daewoo Shipbuilding heading for lowest close in almost 7 yrs
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
DAEWOO Shipbuilding & Marine Engineering Co is heading towards becoming the first major company in South Korea to plunge by 30 per cent after the country doubled the daily limits on stock fluctuations last month.
The world's second-largest shipbuilder fell by a record on Wednesday and is headed for its lowest close in almost seven years in Seoul trading amid concerns that it may report losses and could need to restructure its debt.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
