"LG Card, Korea’s No. 2 credit card company, is facing bankruptcy as LG Electronics and LG Chemical on Wednesday rejected a demand from creditor banks to rescue the debt-strapped card issuer. Amid growing speculation that other LG affiliates, such as LG...
" The textile, steel and petrochemical industries are forecast to see a downturn in the second half of this year, and sluggish demand, the Korea Chamber of Commerce and Industry said yesterday. In a survey of major industrial sectors, the KCCI said low-priced Chinese textile goods...