Reuters: Business News

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GM proposes $2.8 billion, 10-year investment in South Korea: government official

SEOUL (Reuters) - General Motors has proposed investing $2.8 billion into its struggling South Korean operations over the next 10 years and has asked Seoul to provide funds for the investment, a South Korean government official said on Wednesday.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/BW5v3IVVI8s/gm-proposes-2-8-billion-10-year-investment-in-south-korea-government-official-idUSKCN1G505H


Union says it will strike if GM plans full South Korea exit

SEOUL (Reuters) - General Motors' South Korean workers will go on a full strike if the U.S. automaker decides to completely pull out of the country, its union head told Reuters on Wednesday, adding he does not rule out the possibility GM might leave.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/pogh10c5re0/union-says-it-will-strike-if-gm-plans-full-south-korea-exit-idUSKCN1G50JN


Asian stocks gain, dollar extends recovery

TOKYO (Reuters) - Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve's last policy meeting for hints on the future pace of U.S. monetary tightening.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/T8oQBE1wM-M/asian-stocks-gain-dollar-extends-recovery-idUSKCN1G502Q


Source: http://www.reuters.com/
Reuters: Business News | Ecency