SEOUL, South Korea (AFP) — South Korea’s Hyundai Heavy Industries has received the green light for a near 3.0 billion restructuring program — including asset sales and job cuts — to keep the world’s largest shipbuilder afloat. A spokesman for KEB Hana Bank, one of the company’s chief creditors, confirmed Wednesday that it had approved the 3.5 trillion won ($2.94 billion) plan, to be implemented over the next three years. Hyundai Heavy, along with Daewoo […]