United States

Communications Equipment Headlines

M&A lending to US blue-chip firms on summer hiatus

NEW YORK, Aug 17 (LPC) - Bank lending to high-quality US companies to fund acquisitions has slowed due to concern over government policies amid the summer doldrums, but is expected to pick up after the Labor Day holiday, bankers said.

S.Korean stocks, won weaken amid Turkey, China concerns

Roundup of South Korean financial markets: ** South Korea's KOSPI stock index weakened on Thursday tracking declines in Chinese market, while fears of the Turkey crisis and an economic slowdown in China dented investor sentiment. The Korean won inched lower in line with China's yuan, while bond yields also fell. ** The KOSPI ended down 18.11 points, or 0.80 percent, at 2,240.80. The slump in the South Korean market was towed by the nation's chipmaker Samsung Electronics