Korea Finance Corp: To Put Korea Aerospace Industries up for Sale Tuesday
Korea Finance Corporation, or KoFC, said Monday it will put a controlling stake in Korea Aerospace Industries Ltd. (047810.SE) up for sale on Tuesday in a deal that could be worth around KRW1.3 trillion.
Spain Treasury to Issue Debt for Regions
The Spanish Treasury will issue as of 2013 enough debt to include financing needs for the nation's regions who require financial support, Inigo Fernandez de Mesa, secretary general for Treasury, told Expansion in an interview published in its Monday Internet edition.
Unilever Indonesia 1st Half Net Profit IDR2.33 Trillion Vs IDR2.07 Trillion
Consumer-goods producer PT Unilever Indonesia's (UNVR.JK) first-half net profit rose 13% to 2.33 trillion rupiah ($245 million) from IDR2.07 trillion a year earlier owing to higher sales, it said Monday.
RBS to be Hit By Extra £100 Million For PPI Claims
Royal Bank of Scotland Group PLC (RBS) is set to announce Friday it has put aside an extra 100 million pounds to cover the cost of mis-selling payment protection insurance, the Sunday Times said without citing sources.
German Banks Cut Loans to Some in Euro Zone
Cross-border lending by German banks to some of the weaker countries in the euro zone has declined to levels last seen in 2005, The Financial Times reports on its website Sunday.
U.K.'s Osborne Wants Review of Libor Situation
The U.K.'s Chancellor of the Exchequer, George Osborne, wants an independent review of the Libor situation done rapidly, The Financial Times reports on its website Sunday.
Glorious Property: Expects No Impact From US SEC Insider-Dealing Probe Against Chairman's Company
Glorious Property Holdings Ltd. (0845.HK) said Monday it doesn't expect an insider-dealing probe by the U.S. Securities and Exchange Commission against a company owned by its chairman to affect the Hong Kong-listed firm's business.
Enbridge Cleaning Up Wisconsin Oil Spill, But Pipeline Still Closed
Enbridge Inc. (ENB, ENB.T) said it planned on Monday to replace a section of an oil pipeline in Wisconsin that leaked Friday, though it doesn't have a restart date for the key energy artery carrying Canadian crude to the U.S.
RBS Expects to Be Fined for Role in Libor Scandal
Royal Bank of Scotland Group PLC (RBS) Chief Executive Stephen Hester said Sunday the government-controlled bank expects to be fined for its role in the Libor rate-setting scandal.