Samsung and Hyundai Plow Their Cash back into High-yield Financial Instruments

SEOUL, July 20 (Korea Bizwire) – Korea’s largest conglomerates such as Samsung Group and Hyundai Motor Group are holding huge amounts of retained earnings in the form of cash and are showing willingness to invest in financial instruments instead of plowing it back into capital spending. For example, Samsung is prepared to put its money into yuan-tied structured [...]