Increase in Short-term Financing by Securities Firms as Government Encourages Venture Capital Investment
The South Korean government is promoting venture capital investment while securities firms increase their issuance of short-term promissory notes, raising concerns about liquidity risk due to asset-liability mismatches.
The Supreme Court ordered SPP to pay millions in compensation for Ducký's promissory notes. The gas workers refuse to settle.
The Supreme Court has ordered the state gas company SPP to pay over 14 million euros, plus interest and fees potentially totaling up to 40 million euros, to a Cypriot shell company, which SPP plans to appeal against, claiming the decision is scandalous.