ClareBear 💚 3d ago

“Kiwibank belongs to the people of New Zealand, not the global market,” Mr Billot says.

https://www.scoop.co.nz/stories/PO2605/S00074/alliance-party-firmly-opposes-backdoor-privatisation-of-kiwibank.htm

#nzpol #banking #Kiwibank #assetsales

Alliance Party Firmly Opposes “Backdoor Privatisation” Of Kiwibank | Scoop News

Finance Minister Nicola Willis and State Owned Enterprises Minister Simeon Brown have been considering future capital-raising options, including a possible public listing or private-sector capital injection.

Yonhap Infomax NewsApr 17
Hanwha Solutions reduces rights offering by W600bn to W1.8tn, plans to fill gap through W300bn asset sales including Hanwha Impact stake and W300bn equity-like financing via overseas subsidiaries to ease debt burden amid credit rating pressure
#YonhapInfomax #HanwhaSolutions #RightsOffering #AssetSales #DebtRepayment #CreditRating #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=116140
Yonhap Infomax NewsJan 26
Lotte Group will respect the Fair Trade Commission’s decision to block the Lotte Rental–SK Rent-a-Car merger, but will proceed with its financial restructuring plans, emphasizing ongoing asset sales and capital efficiency improvements.
#YonhapInfomax
#LotteGroup #FairTradeCommission #LotteRental #FinancialRestructuring #AssetSales
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102000
Lotte Group Respects Antitrust Ruling on Lotte Rental Merger—Financial Restructuring to Proceed as Planned

Lotte Group will respect the Fair Trade Commission’s decision to block the Lotte Rental–SK Rent-a-Car merger, but will proceed with its financial restructuring plans, emphasizing ongoing asset sales and capital efficiency improvements.

Yonhap Infomax
StrypeyNov 13, 2025

"It probably goes without saying that Luxon’s asset sales plan is a throwback to the 1980s, and to the privatisation excesses of the fourth Labour government that continue to cripple our economy ... Talking of which, we sold Air New Zealand and then had to buy it back when the private sector ran it into the ground. Christopher Luxon used to run the same airline. He knows the history of failure behind what he is proposing."

#GordonCampbell, 2025

https://www.scoop.co.nz/stories/HL2511/S00026/on-asset-sales-and-targeting-the-homeless.htm

#AssetSales

Yonhap Infomax NewsNov 7, 2025
SK Group accelerates portfolio rebalancing by selling stakes in SK Discovery affiliates, securing hundreds of billions of won in cash after completing urgent support for SK On and SK ecoplant.
#YonhapInfomax #SKGroup #SKDiscovery #PortfolioRebalancing #AssetSales #CashSecured #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89738
After Urgent Support, Portfolio Rebalancing Spreads to SK Discovery Affiliates

SK Group accelerates portfolio rebalancing by selling stakes in SK Discovery affiliates, securing hundreds of billions of won in cash after completing urgent support for SK On and SK ecoplant.

Yonhap Infomax
Yonhap Infomax NewsNov 6, 2025
KEPCO CEO Kim Dong-cheol stated that KHNP failed to provide sufficient evidence for $1.1 billion in additional Barakah nuclear project costs, escalating the dispute to international arbitration, while asset sales are paused following a presidential directive.
#YonhapInfomax #KEPCO #KHNP #BarakahNuclear #ConstructionCosts #AssetSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89534
KEPCO CEO Says KHNP Lacks Evidence to Justify Barakah Nuclear Project Cost Claims

KEPCO CEO Kim Dong-cheol stated that KHNP failed to provide sufficient evidence for $1.1 billion in additional Barakah nuclear project costs, escalating the dispute to international arbitration, while asset sales are paused following a presidential directive.

Yonhap Infomax
Yonhap Infomax NewsSep 19, 2025
The Bank of Japan plans to offload exchange-traded funds (ETFs) valued at 330 billion yen annually, signaling a shift in its asset management strategy.
#YonhapInfomax #BankOfJapan #ETF #AssetSales #330BillionYen #MonetaryPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82616
BOJ to Sell ETFs Worth 330 Billion Yen Annually

The Bank of Japan plans to offload exchange-traded funds (ETFs) valued at 330 billion yen annually, signaling a shift in its asset management strategy.

Yonhap Infomax
Yonhap Infomax NewsSep 15, 2025
LX Korea Land and Geospatial Informatix Corporation is implementing aggressive restructuring and cost-cutting measures to overcome mounting losses, aiming to return to profitability by 2028 through asset sales, workforce reductions, and new business initiatives.
#YonhapInfomax #LXKoreaLandAndGeospatialInformatixCorporation #Profitability #Restructuring #OperatingLoss #AssetSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81772
LX Korea Land and Geospatial Informatix Corporation Ramps Up Restructuring to Achieve Profitability by 2028

LX Korea Land and Geospatial Informatix Corporation is implementing aggressive restructuring and cost-cutting measures to overcome mounting losses, aiming to return to profitability by 2028 through asset sales, workforce reductions, and new business initiatives.

Yonhap Infomax
Yonhap Infomax NewsAug 28, 2025
Lotte Chemical has repaid over 900 billion won in net debt this year, leveraging asset sales for liquidity, but continues to face a significant interest burden amid sluggish earnings and a challenging petrochemical market.
#YonhapInfomax
#LotteChemical #NetDebtRepayment #InterestExpenses #AssetSales #PetrochemicalMarket
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79111
Lotte Chemical Maintains Net Debt Repayment Trend—Interest Burden Remains

Lotte Chemical has repaid over 900 billion won in net debt this year, leveraging asset sales for liquidity, but continues to face a significant interest burden amid sluggish earnings and a challenging petrochemical market.

Yonhap Infomax
Yonhap Infomax NewsAug 8, 2025
LG Chem’s debt ratio has surpassed 100% for the first time in three years, prompting accelerated asset sales and raising speculation over a potential partial divestment of its LG Energy Solution stake as the company seeks to address persistent cash flow imbalances and underperformance in core businesses.
#YonhapInfomax #LGChem #DebtRatio #AssetSales #LGEnergySolution #CashFlowImbalance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76209
LG Chem’s Debt Ratio Surpasses 100% for First Time in Three Years—Will Asset Sales Accelerate?

LG Chem’s debt ratio has surpassed 100% for the first time in three years, prompting accelerated asset sales and raising speculation over a potential partial divestment of its LG Energy Solution stake as the company seeks to address persistent cash flow imbalances and underperformance in core businesses.

Yonhap Infomax