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Sat, October 23, 2021 | 19:16
G20 to have specific target on current account balance
The reassurance disperses the confusion and uncertainty regarding the Korean government’s stance on this sensitive issue.
Corporate pension plans double in 10 months
The size of corporate pension plans has doubled in only 10 months to 20 trillion won ($17.8 billion) as of the end of September, data from the Financial Supervisory Service (FSS) showed Sunday.
Consumer prices hit 20-month high of 4.1%
Cabbage, radish, spinach and lettuce are main culprits
[60thAnni] User research vital to Koreas largest online bookstore
Yes24 CEO talks about why psychology matters in the digital age and how paper book is dying, slowly.
Korea to follow Europe in capital control
Out is the currency war, in is the capital control competition.
Rift emerging over current account cap
A schism is emerging among top Korean officials preparing for the G20 Seoul Summit over a solution to the most controversial issue that was patched up during last week’s precursor meeting in Gyeongju.
Behind the scene: G20 Gyeongju meeting
Minor episodes at Gyeongju
G20 agrees to avoid currency war, settles IMF reform
The Group of 20 (G20) nations reached a dramatic deal on Saturday as China, the United States agree to avoid “currency war” and to refrain from having too much trade surplus or deficit.
G20 Gyeongju Communique
Communiqué
Geithner calls for “4% rule”
U.S. Treasury Secretary Timothy Geithner proposed the G20 put a 4-percent cap on current account imbalances as a solution to fix the global imbalance without directly touching the currency rate issue, but only to find himself surrounded by skeptics.
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