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Wed, June 29, 2022 | 21:13
Asia should focus on domestic growth
The news on both sides of the Atlantic has been challenging of late, to put it mildly. In the Old World, more and more governments have struggled with growing deficits. For the moment, the Greek funding crisis has been defused. But Europe is clearly not quite out of the woods yet. In the New World, politicians have grappled for weeks about the debt ceiling. But a more fundame...
Korea needs foreign-born CEOs
Fourteen Korean companies made Fortune magazine’s 2011 Global 500 list, with Samsung Electronics leading the national pack. In terms of number of companies on this annual ranking of the world’s largest corporation by revenue, Korea ranks eighth.
Restrictions to curb external debt
The Bank of Korea (BOK), effective from 25 July, has prohibited local and foreign financial institutions in Korea from buying foreign currency-denominated bonds issued for domestic use by Korean companies as a measure to limit external debt.
Blame game on oil prices
Amid high gas prices in the country, the South Korean government and oil refiners are engaged in a blame game.
Amway makes its way in Korea
When foreign enterprises start their businesses in Korea, they normally face various challenges, including different market regulations and unpredictable business environments.
UAE mulls investing in Koreas aerospace & defense market
The United Arab Emirates (UAE) continues to emerge as a key industrial partner with South Korea by showing interest in establishing ties with Korean aerospace and defense firms, fueling hopes for future investments from the oil-rich country.
Riding on the Golden Eagle
Shares of Korea Aerospace Industries (KAI), the country’s largest plane maker, are riding high on optimism over additional overseas sales of the company’s T-50 Golden Eagle supersonic trainer jets and the positive outlook for merger and acquisitions.
Watch for complacency
With the benefit of hindsight, Korea had a very good crisis. After an initial sharp decline in exports and the won, the Korean economy rebounded fast.
Trap of Anglo-American analysis of Eurozone crisis
From the outset of the eurozone crisis, most economists and financiers in the United States and the United Kingdom, the "Anglo-Americans", announced that the peripheral eurozone countries would very soon default on their sovereign debt and that, in the near future, the euro would break up.
Pursuit of retirement happiness is up to you
In March 2011, the MetLife Mature Market Institute and Seoul National University Institute on Aging jointly announced findings on their study of 4,668 Korean Baby Boomers across the nation.
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