Arab Today, arab today s korean corporate failures rebound in aug
Last Updated : GMT 15:50:29
Arab Today, arab today
Arab Today, arab today

S. Korean corporate failures rebound in Aug.

Arab Today, arab today

Arab Today, arab today S. Korean corporate failures rebound in Aug.

Seoul - Yonhap

The number of South Korean corporate bankruptcies increased in August from a record low in the previous month, the central bank said Monday, pointing to concerns about the slowing economy. The number of companies that went belly-up totaled 103 in August, up 7 from the previous month, according to the Bank of Korea (BOK). The August corporate failure climbed from a record low of 96 tallied in July.  

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