Lotte Corp to buy $1.9B stake in chemicals affiliate

Source: Dukascopy Bank SA
The South Korean firm Lotte Corp is planning to acquire a stake in its chemicals affiliate Lotte Chemical in a deal valued at $1.93B to improve its efficiency and governance.
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Wed, 10 Oct 2018 17:21:37 GMT

Philippines anticipates 7% growth from $180B infrastructure plans

The Philippines anticipated the economic expansion to recover to 7-8% target in 2019 despite global uncertainties, pushing ahead with plans related to infrastructure spending, the budget secretary stated.

Wed, 10 Oct 2018 16:07:19 GMT

Sears shares drop as firm preparing for bankruptcy

On Wednesday, shares of Sears Holdings plunged as much as 30% in early trading, after the report about hiring advisers, as the company is preparing to file for a bankruptcy ahead of a deadline on debt payment.

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