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About 400 creditors of the troubled local builder Taeyoung Engineering & Construction will seek the recovery of 1.37 trillion won ($1.05 billion) in shaky loans and project financing guarantees exceeding 9.18 trillion won on Jan. 11, state-run lender Korea Development Bank (KDB) said Monday. ....
Interfax-Ukraine news agency has announced that it has signed a license agreement with Dun & Bradstreet (D&B), becoming its official representative in the Ukrainian market. This step symbolizes a new stage in the development of the Ukrainian business environment, as it opens up access to global resources for verifying and analyzing business information. ....
KABUL (Pajhwok): The Islamic Development Bank has allocated $24.6 million in aid to Afghanistan by signing several project contracts with aid providing organizations. ....
The announcement comes seven months after Deutsche Bank DB settled a U.S. lawsuit for $75 million that claimed the German lender should have seen evidence. ....
Taeyoung Engineering & Construction filed for corporate debt restructuring, prompted by a failed payment of 48 billion won ($37 million) on a project financing debt due Thursday. ....