In Japan, smooth sailing
Article Abstract:
Shares of shipbuilders Sumitomo Heavy Industries and Kawasaki Heavy Industries, both of Japan, are expected to increase in value, according to analysts. Sumitomo Heavy shares are expected to rise to about 450 yen, and Kawasaki Heavy shares are expected to rise to about 575 yen in 1998. Following the example of other Japanese shipbuilders such as Mitsubishi Heavy Industries Ltd. and Hitachi Zosen Corp., Sumitomo Heavy and Kawasaki Heavy have improved the efficiency of their shipbuilding operations.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Proposed blueprint for Posco leaves executives concerned about steel giant's future
Article Abstract:
Korea Development Institute senior fellow Yoo Seong Min has proposed the deregulation of the South Korean steel industry and the privatization of Pohang Iron and Steel Company Ltd. (Posco). Yoo recommended that the government should divest its 33.% interest in Posco to stimulate competition. Posco executives expressed concern over Yoo's proposal, noting that it will adversely affect the company's efforts to restructure its telecommunications business.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Analysts warn depressed prices of steel will keep Posco down
Article Abstract:
Financial analysts advised investors not to purchase Pohang Iron and Steel Co. Ltd. stock. Analysts believe that weak world steel prices will adversely affect the stock's value which has been steadily dropping since Apr. 1996, when it reached $77.94 per share. Posco, which manufactures wire rods and hot-rolled, stainless steel, cold-rolled, surface treated and electrical sheets, is the second largest steel company in the world.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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