Magnachip and Wise Road Capital Announce Withdrawal of CFIUS Deposit and Mutual Termination of Merger Agreement

– Magnachip adopts a limited-term shareholder rights plan Seoul, South Korea, December 13, 2021 / PRNewswire / – Magnachip Semiconductor Corporation (“Magnachip Corp.” or the “Company”) (NYSE: MX), United States (Delaware) parent company of Magnachip Semiconductor, Ltd., and South Dearborn Limited, a company incorporated in the Cayman Islands, and Michigan …

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Central bank focuses on growth ahead of rate review

The Bank of Thailand is focused on helping economic growth amid subdued inflation and less worried about the US Federal Reserve’s monetary actions, BoT Governor Sethaput Suthiwartnarueput said ahead of the meeting of bank rate next week. “Most of our rate path will be dictated by national considerations,” Sethaput said, …

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Chinese solar giants bid to dominate hydrogen power

(Bloomberg) – Chinese companies have spent 10 years aggressively maneuvering to become the dominant players in solar power. Now they are looking to lead the way in the development of the next big innovation in clean energy: hydrogen. Bloomberg’s Most Read Major solar power makers, including Longi Green Energy Technology …

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South Korea, Pakistan sign memorandum of understanding for foreign debt rescheduling

ISLAMABAD: Minister of Economic Affairs Secretary Mian Asad Hayaud Din and Republic of Korea Ambassador Suh Sangpyo here signed an agreement for the rescheduling of Pakistan’s external debt to the Republic of Korea for the year 2020 and the first half of 2021. This agreement comes after months of negotiations …

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Minister of Finance: Thailand’s economy will recover in 2023

Finance Minister Arkhom Termpittayapaisith said Thailand’s economy is expected to experience a full recovery, not next year, but by 2023. The economy is expected to grow by around 4% next year. , so 2022 would start the economic recovery, but it will take longer for Thailand to definitely bounce back …

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Japan’s insurance market to grow by $ 42.62 billion from 2021 to 2026

NEW YORK, December 10, 2021 / PRNewswire / – Technavio’s latest offering, Insurance market in Japan The report provides a detailed analysis of the competitive scenario, drivers, challenges, trends and market growth in various regions. Growth in the insurance market share in Japan speak life insurance industry will be important …

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Oil prices rise as Omicron fears fade

Oil markets are starting to show signs of recovery following news that Omicron’s impact on demand may not be as large as originally thought. Friday, December 10, 2021 Oil markets as a whole heaved a sigh of relief upon learning that the Omicron variant of COVID-19 may not be as …

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2022MOON Launches New Blockchain Technology From South Korea

SEOUL, SOUTH KOREA / ACCESSWIRE / December 10, 2021 / 2002MOON announces its new service on Blockchain technology “2022MOON”, which allows users to earn money simply by holding their token. The digital age of blockchain technology Blockchain technology has brought us into the digital age, and our perspective on monetary …

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Japan’s fourth quarter business mood likely improved, Omicron darkens outlook

TOKYO: The business climate in Japan improved in the three months leading up to December and exports continued to benefit from robust global demand in November, according to a Reuters poll, offering policymakers hope that the economy is gradually emerging from its pandemic-induced slump. The data would bode well for …

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The economy of a new China-Laos railway line

IN LATE In the 1860s, French sailors who had set out from Saigon to find the source of the Mekong River encountered the steep Khone Falls between Laos and Cambodia, and realized that the waters would be impassable for large merchant ships. Their dreams of reaching the riches of southern …

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