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Drugmakers increase cashable assets amid unpredictable market factors
Korea’s pharmaceutical firms are choosing to hold more of their earnings in cashable assets as they find it harder to invest amid growing market uncertainties and global economic slump.
Cashable assets include cash, cash equivalents and other short-term financial products with a maturity of less than three months that can be immediately cashed with little cost.
The combined cashable asset...
Cashable assets include cash, cash equivalents and other short-term financial products with a maturity of less than three months that can be immediately cashed with little cost.
The combined cashable asset...
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