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A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu.  Commentary 

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TABLE-Korea Exchange Bank Q3 net profit surges

Tue Nov 3, 2009 1:10am EST

Stocks

    
 Nov 3 (Reuters) - Three months to Sept 30, 2009
                   (in billions of won unless specified)
                         Q3 2009          Q3 2008
 Net profit                   422.1            150.9
 Operating profit             230.0            175.3
 Revenue                    3.25 trln        6.08 trln
  Note: Korea Exchange Bank (KEB) (004940.KS) is South Korea's
sixth-largest lender, 51.02 percent owned by U.S. investment firm
Lone Star [LS.UL]. KB Financial Group (105560.KS), the parent
company of top domestic bank Kookmin, reiterated its interest in
KEB last week when it reported quarterly earnings. The CEO of
state-owned Korea Development Bank Min Euoo-sung also did not
deny its interest in KEB on Monday, saying the bank was looking
at acquisition targets to boost its deposit base.
(Reporting by Rhee So-eui and Marie-France Han ; Editing by
Jonathan Hopfner)

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