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(LEAD) FM Park discusses economic cooperation with Central Asian counterparts

S Korea seeks participation in Turkmenistan s plant construction projects

South Korea's top industry official on Wednesday asked for Turkmenistan's support for Korean companies in winning major plant construction projects in the central Asian country, the industry ministry said. Minister Lee Chang-yang made the request during a meeting with Baymyrat Annamammedov, Turkmenistan's deputy prime minister for construction, industry and electric power, in Seoul, according to the Mi.

Turkmen DPM and S Korean minister for trade, industry and energy discussed joint projects

Turkmen DPM and S Korean minister for trade, industry and energy discussed joint projects
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IPOs lose steam as selloff rattles equity markets

Initial public offerings (IPOs) have gotten off to a rough start of the year. Globally, US$26.7 billion worth of IPOs have priced, marking a 60 percent drop from the same period a year earlier. Now, pulled deals are piling up under pressure from roiling markets. The prospect of interest rate hikes combined with slowing economic growth and geopolitical tensions have set global equities on course for their worst month since the pandemic started. Frothier technology and growth shares, including recent IPOs, have been particularly vulnerable to the selloff as investors flock to cheaper stocks. “It’s a really tough environment for new listings right

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