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Regulator Calls for Creditors’ Support to Keep SsangYong Motor Afloat

Regulator Calls for Creditors’ Support to Keep SsangYong Motor Afloat

SEOUL, Feb. 17 (Korea Bizwire) — South Korea’s top financial regulator said Wednesday it would be better to keep SsangYong Motor Co. afloat as its bankruptcy would result in massive job losses. Financial Services Commission (FSC) Chairman Eun Sung-soo made the remark during a meeting of the National Assembly National Policy Committee, answering a lawmaker’s [...]