[Matthew Gray] Amid coronavirus outbreak, Doosan Heavy Industries should not receive public funds
Apr 6, 2020
Financial markets are being strained by the novel coronavirus outbreak all over the world. In Korea, the total amount of corporate bonds, which are due next month, have surpassed a record-breaking 6.5 trillion won ($5.26 billion). Funds placed in high-risk, high-return investments have now been moved to the low-risk, low-return investments, causing a major crisis for the companies in the high-risk group. The situation facing Doosan Heavy Industries & Construction represents such a case. Fo