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Tue, September 26, 2023 | 18:29
President urges G20 to defuse currency war
President Lee Myung-bak warned finance ministers and central bank governors of G20 member nations that they would jeopardize the world’s economy once again if they fail to deliver confidence on global cooperation.
Can Yoon disarm ticking currency bomb?
Views differ broadly on Strategy and Finance Minister Yoon Jeung-hyun, the host of the ongoing G20 meeting of finance ministers and central bankers in Gyeongju.
G20 seeking workable solutions to keep momentum alive
Finance ministers to find middle ground on IMF reform, capital control
Yoon calls for support from developing nations
‘Empathy more than sympathy needed’ for G20 to bear fruit
Korea wants G20 to delay accounting standard consolidation
Korea is requesting G20 nations delay the consolidation process of global accounting standards, its top financial regulator said Thursday.
Finance ministry vows to keep BOK in check
Yoon Jeung-hyun would continue to send a representative to the Monetary Policy Committee meeting at the Bank of Korea.
Fears of asset bubble growing amid falling rates
Both real interest rates at banks and actual yields on treasuries have fallen into “relative” negative territory due to the prolonged low rate policy, spawning fears that ample liquidity in the market will look for risky assets offering higher returns, leading to a bubble in asset prices.
Krugman living in parallel universe
Harvard historian Niall Ferguson claimed a victory over his nemesis Paul Krugman in an e-mail to The Korea Times
A win by decision for Prof. Ferguson?
Paul Krugman and Niall Ferguson met face-to-face in a conference to continue their thorny and well-publicized exchange of economics ideas and personal affronts.
Won’s rapid rise unnerves minister
The Korean won is one of the currencies that have appreciated the most in Asia this year, but worries about international criticism are preventing the government from implementing capital control rules.