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Argentina seeks support to avoid debt default

02:06 Argentina is attempting to resolve its debt crisis - and avoid a ninth default in the country's history. Latin America's third-largest economy aims to restructure around $100 bil

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GM to close one of factories in S.Korea, restructure 2,000 workers

GeneralMotorsplannedtocloseoneofitsfactoriesinSouthKoreaandrestructure2,000workers,includingirregularemployees,bytheendofMay,multiplelocalmediaoutletsreportedTu

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SOEs' M&A and restructuring expected to beat expectation in H2

Last week, the central government offered intensive instructions on state-owned enterprises (SOEs) reform, including laying out the tasks and ways of reform and detailed timetable. It has paved the way for further accelerating the reform. Relevant instructions and arrangements recently have also been reiterated in the ten sorts of pilot reforms.