Wednesday, September 21, 2016

Hanjin Shipping shares rally 28 pct after Korean Air approves lending

SEOUL, Sept 22 (Reuters) - Hanjin Shipping

shares surged as much as 28 percent in morning trade on Thursday

after the board of Korean Air Lines, its biggest

shareholder, approved lending 60 billion won ($53.96 million) to

the troubled container carrier.

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