S&P , POSCO E&C for possible downgrade over acquisition
Hong Kong - Yonhap
Standard & Poor's Rating Service (S&P) said Tuesday it has placed the credit rating of POSCO Engineering & Construction Co., the construction unit of South Korean steel giant POSCO, on review for a possible downgrade, citing its acquisition of a development project. The move follows the company's announcement that it assumed and paid 364 billion won (US$336 million) in project finance debt that the property developer, Jungwoo Construction Co., owed and which had been secured by the residential property development project.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:23 2018 Paper industry around famous Chinese lake to be shut down by 2019
- Monday ,12 November GMT 16:51 2018 Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMAS
- Friday ,09 November GMT 08:11 2018 Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'
- Thursday ,08 November GMT 14:00 2018 Namibian enterprise endeavours to seize opportunities at China import expo
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 14:09 2016 Monday ,28 March
Germans left fuming by England fightback in Berlin
GMT 09:22 2016 Saturday ,24 September
Wounded Merkel meets Balkan leaders over migrants
GMT 12:22 2017 Wednesday ,25 January
64 young singers shortlisted after huge turnout for Sharjah Junior Munshid
GMT 19:46 2016 Wednesday ,07 December
Battle over early polls puts Italy in limbo
GMT 18:23 2017 Friday ,28 July
Daesh greatest threat to Russia's national security
GMT 13:52 2015 Monday ,27 July
Yon Ethraim Fearshaker releases ‘Book of Short Stories’
GMT 08:15 2017 Thursday ,29 June
US warns Syria of 'paying a heavy price' in case of another chemical attack
GMT 19:32 2017 Friday ,28 April
Israeli Entity Approves Construction of 10,000 Settlement Units North of Jerusalem
GMT 06:38 2015 Wednesday ,11 February
ICC warn of sledging crackdown at Cricket World CupGMT 00:32 2011 Wednesday ,14 September
Solar power project fails to catch onGMT 09:45 2011 Thursday ,28 July
Virgin Media revenues rise despite losing customers
GMT 19:49 2013 Friday ,09 August
MAC Cosmetics announces new launches
GMT 15:25 2017 Friday ,24 February
Ajman Ruler launches census portalGMT 21:27 2011 Wednesday ,09 February
Elissa: having babies without marriage is not a mistake
GMT 10:07 2017 Wednesday ,15 March
Over 800 health workers killed
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor