PricewaterhouseCoopers Archives

Liquidation Preferred over Rehabilitation for Hanjin Shipping: Report

SEOUL, Dec. 13 (Korea Bizwire) – An accounting firm assessing the viability of cash-strapped Hanjin Shipping Co. on Tuesday reported to a local court that the liquidation of the troubled shipper is “more economical,” rather than continuing its rehabilitation scheme. Hanjin Shipping, once the country’s leading shipping company, was put under court receivership in September, [...]

PwC FY 2014 Global Revenues Increase 6% to US$34 Billion

NEW YORK, Oct. 7 (Korea Bizwire) – PwC reported total global gross revenues of US$34 billion for the fiscal year ended on 30 June 2014. Revenue growth was strong across all lines of business for all of PwC’s largest firms and in all geographic regions. At constant exchange rates, PwC’s total global revenues rose by 6%. [...]