State-owned

SEOUL—State-owned KDB Financial Group could sell new shares or issue convertible bonds if it decides to bid for Woori Finance Holdings Co. Such a move would potentially dilute the government's stake in KDB to about 80% from 100% currently, a KDB official said Monday.

KDB Could Issue Shares to Fund a Woori Bid Se Young Lee 2011

JAKARTA, Indonesia — State-owned airline PT Garuda Indonesia ran into trouble trying to sell shares at a premium price, unable to overcome investor skepticism that it can navigate government meddling and contend with growing competition.

Indonesian State Airline Scales Back Ambitions Eric Bellman 2011

NEW DELHI: State-owned Indian Bank today said it plans to come out with a follow-on public offer FPO seeking to raise about Rs 1,500 crore by September this year.

Morning News Roundup Deals India Staff 2011

State-owned ATEbank, for example, has been recapitalized twice in five years, but still labors under state-mandated lending policies to Greece's agricultural sector.

Greek Banks May Face Nationalization Alkman Granitsas 2011

State-owned Oil & Natural Gas Corp may this week invite Cairn India and Vedanta Resources for signing of an agreement on sharing of statutory levies on the all important Rajasthan oilfields.

Deals India: Morning News Roundup DEALS INDIA STAFF 2011

State-owned Qatargas Operating Co. said it signed a sales and purchase agreement with U.K. utility Centrica to supply as much as 2.4 million tons a year of liquefied natural gas to the U.K. Isle of Grain terminal for the next three years.

Business Watch 2011

State-owned Changan had hired him as part of an effort to upgrade its own brand of cars, whose sales have been sliding since the government cancelled generous incentives last year.

Design Chief Quits Changan Auto Norihiko Shirouzu 2012

State-owned banks, which hold 70% of assets, had an average return of only 0.97%.

India's Cautious Welcome to Foreign Banks T.T. Ram Mohan 2011

State-owned Oil & Natural Gas Corp. fell 2% to 269.35 rupees on profit-taking after a 5.6% jump Friday.

Indian Shares End Down Tracking Global Cues Gurdev Singh Virk 2011

State-owned industries increasingly prosper at the expense of private companies and households.

Why China Is Unhappy 2011