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South Korea Bankruptcy News. Service for global professionals. Constantly updated news and information about South Korea.
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  • Ssangyong staff accused of technology leaks to China 12 Nov 2009 06:30 GMT
    ... market, the report said. Seven researchers at South Korea's debt-stricken Ssangyong Motor were charged Wednesday with ... management control when Ssangyong received protection from bankruptcy in February in exchange for massive layoffs ... state-registered and should not be shared without Seoul government approval. The spokesman said SAIC allegedly ...

  • Morning Money: Joint opinions 12 Nov 2009 11:31 GMT
    ... greenback on their nascent economic recoveries. Thailand, South Korea, Russia and the Philippines have been ... in the firm as it hurtled towards bankruptcy. So did the leaders of Bear Stearns, ...

  • Let's not forget lessons of 1989 12 Nov 2009 10:42 GMT
    ... an idea of the utter failure and bankruptcy of the regimes that could not meet ... which democratic insurgencies in the Philippines and South Korea, as well as the long resistance ...

  • Motorola, Hewlett-Packard, Lou Dobbs 12 Nov 2009 12:51 GMT
    ... greenback on their nascent economic recoveries. Thailand, South Korea, Russia and the Philippines have been ... company after it emerges from Chapter 11 Bankruptcy Court reorganization early next year, the Los ...

  • Ssangyong staff accused of technology leaks 11 Nov 2009 08:14 GMT
    ... management control when Ssangyong received protection from bankruptcy in February in exchange for massive layoffs ... state-registered and should not be shared without Seoul government approval. The spokesman said SAIC allegedly ... would face a three for one reduction. South Korea is sensitive about alleged technology leaks to China. ...

  • Motorola Cuts Its Safety Net 11 Nov 2009 21:26 GMT
    ... Motorola has learned some painful lessons betting on ... the Iridium satellite phone, which filed for bankruptcy protection. Then, there was the ultra-thin Razr ...

  • Chinese Carmaker SAIC Accused of Tech Theft 11 Nov 2009 10:54 GMT
    ... Chinese Carmaker SAIC Accused of Tech Theft By Park ... banning the transfer of sensitive information. The Seoul Central District Prosecutors' Office indicted seven senior ... plant in Pyeongtaek, Gyeonggi Province. Staying under bankruptcy protection, Ssangyong last week found its fine-tuned ...

  • The last thing the world needs now is conflict between North and South Korea 10 Nov 2009 14:31 GMT
    ... communism. (and fascism) That's why America is bankrupt and run by banker criminals in Wall ... government offshored it all to countries like South Korea. What irony! And where's all your ...

  • Austrian branch of retailer Quelle to file for bankruptcy 6 Nov 2009 12:10 GMT
    ... the third quarter, as lower demand and restructuring costs dragged down results. The A... Seoul - South Korea's parliament on Friday ratified a comprehensive economic partnership deal with India, paving the way ...

  • MagnaChip Semiconductor Emerges from Chapter 11 7 Nov 2009 01:30 GMT
    ... SEOUL, South Korea, Nov. 6 /PRNewswire/ -- MagnaChip Semiconductor ("MagnaChip" or ... of Reorganization confirmed by the United States Bankruptcy Court for the District of Delaware on ...

  • How are Japan's manufacturers faring against low-cost competition from China? (Apr 2004) 6 Nov 2009 07:15 GMT
    ... most concerned about the technological prowess of South Korean firms such as Samsung and Hyundai. ... mould-makers and other small manufacturers, initially dubbed “bankruptcy street” was subsequently renamed “suicide street”, reflecting ... another. The rapid movement of manufacturing to South Korea, Taiwan and China is, in turn, forcing ...

  • SsangYong turnaround plan still in limbo 9 Nov 2009 08:52 GMT
    ... Korean car-maker SsangYong hit a snag when bondholders knocked ... setback last week in which the debt-stricken South Korean manufacturer failed to win approval of its turnaround ... negotiations that will now recommence before the Seoul Central District Court sits again for a ...

  • Feature: The significance of the fall of the Berlin wall 9 Nov 2009 05:56 GMT
    ... state. I cast my precocious mind on South Korea and North Korea. The same scenario ... were economically unsustainable, politically tyrannical and morally bankrupt. As I began to subject the apartheid ...

  • The significance of the fall of the Berlin wall an African perspective 8 Nov 2009 21:14 GMT
    ... state. I cast my precocious mind on South Korea and North Korea. The same scenario ... were economically unsustainable, politically tyrannical and morally bankrupt. As I began to subject the apartheid ...

  • SAIC Withdrew from SsangYong Motor, Losing CNY3.076bn 10 Nov 2009 13:11 GMT
    ... SAIC Withdrew from SsangYong Motor, Losing CNY3.076bn SHANGHAI, Nov ... that the creditors union had accepted the bankruptcy and reorganization plan of SsangYong Motor, marking ... (SAIC) suffered from its purchase of the South Korean carmaker. SsangYong Motor considers that its ...


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