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Over-50s, men, single-person households take up majority of those filing for bankruptcy in S. Korea

Over-50s, men, single-person households take up majority of those filing for bankruptcy in S. Korea Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region. ....

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Over-50s, men, single-person households take up majority of those filing for bankruptcy

Nearly 90 percent of those who filed for bankruptcy in Seoul last year were aged at least 50, with a substantial portion of the number being male or living alone, Seoul government data showed Wednesday. The data released by Seoul Financial Welfare Counseling Center, an affiliate of the city-run Seoul Welfare Foundation, showed that 86 percent of valid bankruptcy applicants last year were 50 or older, and 64.4 percent. ....

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Form 424B2 KOREA DEVELOPMENT BANK

Form 424B2 KOREA DEVELOPMENT BANK
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Q&A: insurance & reinsurance regulation in South Korea

A Q&A guide to the regulation of insurance and reinsurance in South Korea, covering company formation and licensing, regulatory agencies and examinations, investment rules, reinsurance agreements and much more. ....

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Mahindra in discussion with potential investors to sell majority stake in SsangYong Motor

Mahindra in discussion with potential investors to sell majority stake in SsangYong Motor
PTI
New Delhi: Mahindra & Mahindra (M&M) Friday said it is in discussions with a potential investor to sell its majority stake in South Korean arm SsangYong Motor Company (SYMC) which has already filed for bankruptcy, and expects to sign a non-binding agreement next week.
The Mumbai-based auto major, which currently holds nearly 75 per cent in the Korean firm, expects to finalise the deal by February end.
“We are in discussion with a potential investor for majority stake in SsangYong. We hope to conclude the term sheet with the investor sometime next week,” M&M Managing Director Pawan Goenka told reporters in a virtual press conference. ....

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