The Traderszone Network

Published in TZ Latest News 26 March, 2015 by The TZ Newswire Staff

South Korea sees gains for its infrastructure firms from joining AIIB

SEJONG, South Korea/SEOUL (Reuters) – South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank (AIIB), the finance ministry said on Friday. Shares in some South Korean iron and steel products makers rose sharply, partly on hopes for new orders when the AIIB is operational and funding infrastructure projects, which is likely next year.

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