Breaking News


Taewoong Gains 15% on South Korea’s Offshore Wind Farm Plan

Taewoong Co., a maker of parts for wind-power plants, rose as much as 15 percent in Seoul trading after South Korea’s energy ministry said the nation’s companies plan to spend 10.2 trillion won to build a wind farm off the southwest coast by 2019. Taewoong traded at 36,650 won as of 9:01 a.m. on the Korea Exchange. The benchmark Kospi Index rose 1.4 percent.

To contact the reporter on this story: Saeromi Shin in Seoul at

To contact the editor responsible for this story: Seyoon Kim at

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.