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Published on Mar 10, 2025

Investor losses on Homeplus likely to grow as debt estimate balloons to $413M

Published: 10 Mar. 2025, 18:56 A Homeplus branch in Seoul displays its discounted items on March 9. [YONHAP] Investor losses related to Homeplus are expected to grow as it was found that parent company MBK Partners was issuing commercial paper right …

Source: Korea JoungAng Daily - Center-right
Published on Mar 10, 2025

Securities firms halt sales of Homeplus investment funds amid court-led rehabilitation

A Homeplus store in Seoul, Sunday / Yonhap By Jun Ji-hye Securities firms are halting the sales of public funds that include Homeplus short-term bonds amid concerns over the recovery of investment funds, as the country’s No. 2 supermarket chain entered …

Source: The Korea Times - Center-left
Published on Mar 7, 2025

UAE requires credit rating enhancement for travellers from 13 countries

Individuals planning to travel to the United Arab Emirates (UAE) from 13 designated countries must enhance their credit ratings in their home nations before arriving in the UAE, with a focus on their financial history over the past 24 months. This …

Source: Madhyamam - Center-left
Published on Mar 6, 2025

Gov't to Hold Annual Consultation with Global Credit Rating Firm S&P

Photo : YONHAP News The government will hold annual consultation meetings with global credit rating agency S&P Global Ratings(S&P) next week on the country's credit evaluation and other key issues. According to Seoul's finance ministry on …

Source: KBS World - Label Pending
Published on Mar 6, 2025

Seoul, S&P to begin annual consultation meetings next week

Published: 06 Mar. 2025, 18:17 Acting President Choi Sang-mok speaks during a virtual meeting with global credit appraisers at his office in Seoul on Dec. 13, 2024. [YONHAP] Korea will begin its annual consultation meetings with global credit rating agency …

Source: Korea JoungAng Daily - Center-right
Published on Mar 8, 2025

State Pension Fund Retrieves Half Of $423.5 Million Investment In Homeplus

(MENAFN- IANS) Seoul, March 8 (IANS) South Korea's state pension fund said on Friday it has recovered about half of its total investment of 612.1 billion won ($423.5 million) in major retailer Homeplus Co., which recently entered a court-led …

Source: MENAFN - Uncategorized
Published on Mar 7, 2025

China's Jan-Feb exports hit record high, foreign trade off to stable start

Aerial photo taken on March 7, 2025 shows containers at the Lianyungang Port in Lianyungang City, East China's Jiangsu Province. Photo: VCG China's foreign trade market has gotten off to a good start in 2025, with exports reaching a record high, …

Source: Global Times - Gov't Propaganda
Published on Mar 7, 2025

Safe exit over rehabilitation? Homeplus puts MBK to tough test

Supermarket chain's credit woes raise doubts over MBK's hostile takeover of Korea Zinc MBK Partners, one of the largest private equity firms in Asia, is facing backlash over its incompetence to operate its major portfolio firm Homeplus, which …

Source: The Investor - Neutral
Published on Mar 7, 2025

State pension fund retrieves half of investment in Homeplus

Published: 07 Mar. 2025, 18:27 An office of National Pension Service in western Seoul [YONHAP] Korea's state pension fund said Friday it has recovered about half of its total investment of 612.1 billion won ($423.5 million) at major retailer Homeplus …

Source: Korea JoungAng Daily - Center-right
Published on Mar 7, 2025

MBK’s rehabilitation move sparks concerns over short-termism in private equity

Published: 07 Mar. 2025, 11:12 Updated: 07 Mar. 2025, 14:06 Shoppers enter Homeplus's Yeongdeungpo branch in western Seoul on March 4. The supermarket chain entered corporate rehabilitation the same day. [NEWS1] As Homeplus faces a critical juncture …

Source: Korea JoungAng Daily - Center-right
Published on Mar 6, 2025

Looking beyond GDP rebasing in Nigeria

Gross Domestic Product (GDP) rebasing is just a statistical update; real progress comes from policies that drive sustainable and inclusive economic development, writes JOSEPH INOKOTONG GROSS Domestic Product (GDP) is the total monetary value of all goods …

Source: Zawya - Uncategorized
Published on Mar 6, 2025

MBK in hot seat over snowballing Homeplus debacle

A Homeplus store in Seoul, Thursday / Yonhap Chairman Michael ByungJu Kim urged to use personal assets for retailer By Jun Ji-hye MBK Partners, the largest private equity firm in Northeast Asia, is facing criticism for "irresponsibly" placing …

Source: The Korea Times - Center-left
Published on Mar 5, 2025

Homeplus Enters Corporate Rehabilitation Amidst Financial Struggles and Market Shifts

Homeplus, South Korea's second-largest hypermarket by sales, has entered corporate rehabilitation proceedings as of March 4. This significant decision is attributed to the company's failure to adapt to the rapidly changing retail landscape, make …

Source: Business Korea - Neutral
Published on Mar 5, 2025

Discount retailer Homeplus files for corporate rehabilitation

Homeplus, Korea's second largest discount chain, has taken steps for corporate rehabilitation 10 years after the acquisition of the private equity fund MBK Partners. The company opted for corporate rehabilitation, facing a decline in credit rating due …

Source: Donga Ilbo - Center-right

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Published on March 10, 2025 - 20:15 GMT

Amalgamated Financial Corp. Announces New $40 Million Share Repurchase Program

NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated”, the “Company”, or the “Bank”) (Nasdaq: AMAL) today announced that its Board of Directors has approved a new authorization for the repurchase of up to $40 million of …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 10, 2025 - 11:00 GMT

International Petroleum Corporation Announces Results of Normal Course Issuer Bid

TORONTO, March 10, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 352,360 IPC common shares (ISIN: CA46016U1084) during the period …

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Published on March 10, 2025 - 07:00 GMT

Alvogen Completes Comprehensive Refinancing with Longer-Dated Maturity Profile and Reduction of Debt

REYKJAVIK, Iceland and MORRISTOWN, N.J., March 10, 2025 (GLOBE NEWSWIRE) -- Alvogen Pharma US, Inc. (“Alvogen” or the “Company”), a privately owned US-based pharmaceutical company, has completed a comprehensive refinancing of its capital structure. Alvogen …

Distribution channels: Business & Economy, Companies ...
Published on February 26, 2025 - 13:15 GMT

Regency Centers Upgraded by S&P Global Ratings to an ‘A-’ Credit Rating

JACKSONVILLE, Fla., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency Centers”, the “Company” or “Regency”) announced today that S&P Global Ratings (“S&P”) raised its credit ratings related to the Company to ‘A-’ with a stable …

Distribution channels: Media, Advertising & PR, Real Estate & Property Management ...

Published on March 8, 2025 - 03:44 GMT

CFO Glen Lee's Message on Moody's Rating Review

Today, Moody's Ratings announced that it has placed the District of Columbia’s credit ratings under review for a possible downgrade; another outcome of the federal workforce reductions and shifts in the real property markets. The District’s most recent …

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Published on March 7, 2025 - 14:17 GMT

Enstar Subsidiary Assigned “A” Financial Strength Rating by AM Best

HAMILTON, Bermuda, March 07, 2025 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that the credit rating agency AM Best has assigned a Financial Strength Rating of “A” (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) …

Distribution channels: Insurance Industry, Media, Advertising & PR ...
Published on March 7, 2025 - 09:00 GMT

ING to nominate Petri Hofsté and Stuart Graham as members of the Supervisory Board

ING to nominate Petri Hofsté and Stuart Graham as members of the Supervisory Board ING announced today that it will propose to appoint Petri Hofsté and Stuart Graham to the Supervisory Board at the Annual General Meeting (AGM) to be held on 22 April 2025. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 6, 2025 - 13:30 GMT

ING publishes 2024 Annual Report on Form 20-F

ING publishes 2024 Annual Report on Form 20-F ING filed today its Annual Report on Form 20-F for the year ended 31 December 2024 with the United States Securities and Exchange Commission (SEC). The 2024Form 20-F will be available on the ING website and can …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...

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Published on March 11, 2025 - 03:28 GMT

U.S. Clean Energy Market Trends: The Rise of Green Hydrogen Worldwide

U.S. Clean Energy Market projected to exceed $198.2 billion by 2033 WILMINGTON, DE, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the U.S. clean energy market size was …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 11, 2025 - 02:19 GMT

Renowned Spine Doctor Dallas Dr. Michael R. Wheeler, MD, Revolutionizes Spine Surgery with Cutting-Edge Procedures

Dallas, TX – Patients suffering from debilitating spine problems now have a leading expert to turn to—Dr. Michael R. Wheeler, MD, a distinguished spine doctor in Dallas renowned for his innovative approach to spine care. Dr. Wheeler is at the forefront of …

Distribution channels: Business & Economy, Companies ...
Published on March 11, 2025 - 02:18 GMT

Your Trusted Partner in Mortgages: General Mortgage Capital Corporation Leads the Industry with Honesty and Integrity

Burlingame, CA – General Mortgage Capital Corporation (GMCC), a trusted direct mortgage lender headquartered in California, is leading the way in providing innovative and accessible home financing solutions. With a nationwide presence, GMCC brand locations …

Distribution channels: Business & Economy, Companies ...
Published on March 11, 2025 - 01:44 GMT

The Guardian Group, LLC announces Fellowship Trained Orthopaedic Surgeon: Wes Madsen, MD, QME

Dr. Wes Madsen has joined The Guardian Group as a Qualified Medical Evaluator (QME) in the specialties of Spine and Orthopaedic Surgery SANTA ANA, CA, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- Wes Madsen, MD, QME is a board-certified …

Distribution channels: Business & Economy, Emergency Services ...
Published on March 11, 2025 - 01:42 GMT

The Guardian Group, LLC announces Fellowship Trained Forensic Psychiatrist: Charletta Dennis, MD, QME

Dr. Charletta Dennis has joined The Guardian Group as a Qualified Medical Evaluator (QME) with exams locations across California in the specialty of Psychiatry SANTA ANA, CA, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- Charletta Dennis, …

Distribution channels: Business & Economy, Emergency Services ...
Published on March 11, 2025 - 01:39 GMT

The Guardian Group, LLC announces Fellowship Trained Pain/PM&R Specialist: Renuka Rudra, MD, QME

Dr. Renuka Rudra has joined The Guardian Group as a Qualified Medical Evaluator (QME) in the specialties of Pain Medicine and Physical Medicine & Rehabilitation SANTA ANA, CA, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- Renuka Tania …

Distribution channels: Business & Economy, Emergency Services ...
Published on March 11, 2025 - 01:08 GMT

Marketer and Revmatics Announce Strategic Partnership

New Alliance Set to Revolutionize Landing Page Optimization with Real-Time, AI-Driven Personalization BENTONVILLE, AR, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- Marketer, a leading digital marketing agency known for its data-driven and …

Distribution channels: Business & Economy, IT Industry ...
Published on March 11, 2025 - 01:03 GMT

Watershore Highlights Opportunities in the Johor-Singapore Special Economic Zone (JS-SEZ)

INDONESIA, March 11, 2025 /⁨EINPresswire.com⁩/ -- Watershore Group, a leading Singapore business consultancy firm which specializes in tax and corporate services, presents to you the business opportunities in the newly established Johor-Singapore …

Distribution channels: Business & Economy, Companies ...
Published on March 11, 2025 - 00:30 GMT

Carotenoids Market Size Expected to Reach $2.7 Billion by 2031

The carotenoids market size was valued at $1.8 billion in 2021 and is estimated to reach $2.7 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031. WILMINGTON, DE, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- Carotenoids are plant-based …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on March 11, 2025 - 00:24 GMT

10 Years of “Whale-Safer” Transits off California

Industry Participation Yields Big Impact for Endangered Whales, Air Quality & Underwater Noise CA, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- Research results show that the 10th annual season of Protecting Blue Whales and Blue Skies …

Distribution channels: Business & Economy, Consumer Goods ...
Published on March 11, 2025 - 00:23 GMT

The 'Context of an Organisation' in the AI Era: Ethics, ISO Standards, and Future-Proofing Businesses

SYDNEY, AUSTRALIA, March 11, 2025 /⁨EINPresswire.com⁩/ -- In a world increasingly driven by Artificial Intelligence (AI) and rapid digital transformation, businesses must prioritize understanding their organisational context. This means clearly …

Distribution channels: Business & Economy, Companies ...
Published on March 11, 2025 - 00:00 GMT

New Book Release from Read and Learn Publishing

Author Benjamin Carter partners with Read and Learn Publishing to release a new book entitled, "BUILDING THE BEST TRUST" SHERIDAN, WY, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- Announcing “BUILDING THE BEST TRUST”, a new …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on March 10, 2025 - 23:55 GMT

Xraised Interviews Melissa Godmer, Founder of Godmer Immigration Consultant, on Business Immigration to Canada

TORONTO, ONTARIO, CANADA, March 10, 2025 /⁨EINPresswire.com⁩/ -- Xraised is thrilled to announce an insightful interview with Melissa Godmer, Founder and CEO of Godmer Immigration Consultant, a leading firm specializing in business immigration to …

Distribution channels: Business & Economy, Companies ...
Published on March 10, 2025 - 23:30 GMT

GMO Testing Market Size Projected to Reach $6.2 Billion by 2031: ALS Limited, Bio-Rad Laboratories, EnviroLogix

The GMO Testing Market Size was valued at $3.9 billion in 2021, and is estimated to reach $6.2 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031. WILMINGTON, DE, UNITED STATES, March 11, 2025 /⁨EINPresswire.com⁩/ -- The growth of GMO …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on March 10, 2025 - 23:23 GMT

Toby Benenson Joins FlyHouse as Chief Operating Officer to Lead Growth and Enhance Operational Efficiency

Toby Benenson Brings Expertise to Streamline Operations and Fuel FlyHouse’s Next Phase of Expansion SCOTTSDALE, AZ, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- FlyHouse is pleased to announce the appointment of Toby Benenson as Chief …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on March 10, 2025 - 23:13 GMT

Discovered.TV joins StartEngine to raise funds and revolutionize the Media & Entertainment Industry

The pioneering gamified streaming and content distribution platform launches a campaign at StartEngine and steps into new realm of growth SANTA CRUZ, CA, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- Discovered.TV, a gamified content …

Distribution channels: Amusement, Gaming & Casino, Business & Economy ...
Published on March 10, 2025 - 23:05 GMT

Transformation Lead Unveils New HQ & Secure 2025 Initiative to Strengthen Businesses and Workforce Security

Transformation Lead marks 9 years of impact with a Ribbon Cutting and Secure 2025 launch, helping businesses safeguard operations and drive innovation. GA, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- Transformation Lead LLC proudly …

Distribution channels: Business & Economy, Companies ...
Published on March 10, 2025 - 23:02 GMT

Sunday Health and Re:Cognition Health Form Collaboration to Transform Cognitive Care and Delay Dementia

ALEXANDRIA, VA, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- Sunday Health, Inc., a provider of personalized cognitive care, and Re:Cognition Health, a leader in clinical trials and FDA-approved treatments for Alzheimer’s and related …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on March 10, 2025 - 22:10 GMT

McKenna Boiler Works, Inc. Celebrates Over a Century of Service in Los Angeles

McKenna Boiler Works, Inc., a cornerstone in Los Angeles industry and commercial boiler manufacturer, proudly celebrates over 100 years of operation. LOS ANGELES, CA, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- McKenna Boiler Works, Inc …

Distribution channels: Business & Economy, Manufacturing ...
Published on March 10, 2025 - 21:59 GMT

GoodGoblin.ai Debuts Major-Match Career Counseling, Connecting High School Passions to Undergraduate Paths

Empowering high schoolers to find in-demand majors through real-time labor insights and personalized profiling. Free access for every student. SAN JOSE, CA, UNITED STATES, March 10, 2025 /⁨EINPresswire.com⁩/ -- GoodGoblin.ai, the leading platform …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...