S. Korea's cash assets up to USD147.5 b in 2013


(MENAFN) South Korea's cash assets boosted to USD147.5 billion in 2013 as businesses withheld investment in the face of mounting uncertainties, according to Qatar News Agency



Cash held by the 171 listed companies excluding financial firms, boosted by 18.3 percent from USD124 billion tallied a year earlier



CEO Score said: "The increase is due to businesses taking a conservative stance in the face of global economic uncertainties such as the weak Japanese yen and slowdown of growth in China.


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