SINGAPORE, Sept 28 (IFR) - Asian credits continued to look soft, after Korean Air postponed its offering last night, making it the first pulled US dollar issue of the year in the region, excluding Sify
As noted earlier, the post-debate market relief rally has given way to concerns over banking woes, with stocks turning lower in Europe as focus returns to Deutsche Bank and Italy’s constitutional.. Zero Hedge
For more than a week a Hanjin cargo ship was stranded off the coast of California after the company declared bankruptcy. A judge finally granted permission for the company to avoid having its assets.. Source: Wochit Business -
In order to take air samples to determine if a nuclear event occurred in North Korea, the US Air Force is expected to fly its "radiation sniffer" jet off the Korean Peninsula.
The Air Force WC-135 jet.. Source: Wochit Headline News -
Un Korea, the wireless infrastructure is so advanced that in-flight Internet services based on existing commercial satellite technology would be disappointing. That is a primary reason why Korean Air.. Digital Trends
In-flight Wi-Fi is still very much a rarity in Europe, but in Asia and America it’s everywhere. That said, some carriers still steadfastly refuse to implement it on their fleets. One of these.. The Next Web
North Korea on Saturday opened an air festival featuring sky diving, demonstrations by its air force and lots of beer to promote a newly renovated and upgraded commercial airport in the coastal city of.. FOXNews.com Also reported by •New Zealand Herald •Seattle Times
Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won (US$45 million) to help ease supply-chain disruptions caused by the collapse of the.. S.China Morning Post
Shipping and oil group AP Moeller Maersk A/S (CPH:MAERSK-B) is splitting into two to maximise the potential of its transport business. Maersk said it will focus on transport and logistics, while.. Proactive Investors
The troubled shipping firm Hanjin has been thrown a multi-million pound lifeline to rescue the stranded cargo which is trapped on its ships across the world.
It comes after the firm's bankruptcy.. City A.M.
Here is what you need to know.
*The Federal Reserve kept policy on hold.* The Fed held its key interest rate unchanged at a range of 0.25% to 0.50%, saying, "The Committee judges that the case.. Business Insider
Optimism has returned to markets post the BOJ and FOMC.
Following the Fed's "hawkish hold" and the BOJ's "confused contradiction", global risk (and non-risk) assets got the green light, and as a.. Zero Hedge