Displaying all content tagged with the region Asia.
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Asia
Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…
May 25, 2011
During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…
May 25, 2011
After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…
May 25, 2011
Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…
May 25, 2011
In March, a curious protest took place in Seoul. Private kindergartens were going on strike. Protests by industry groups or workers are not uncommon in South Korea, but something about…
May 31, 2019
North Korea’s ambassador to the United Nations Kim Song demanded that the United States release a North Korean vessel that is currently held by authorities in American Samoa, warning that…
May 24, 2019
It’s been nearly one year since the Singapore Summit between President Trump and Kim Jong-un and the two countries are at an impasse. North Korea signals no intention of giving…
May 17, 2019
What if our understanding of North Korea is inadvertently colored by the very resources that we rely on to deepen our knowledge of the country? What does this say about our policies…
May 10, 2019
At the end of May, South Korean President Yoon Suk Yeol hosted a high-level summit with representatives from Japan and China. It was the first time Japanese Prime Minister Kishida Fumio traveled to South Korea this year and was also the first visit to South Korea by Chinese Premier Li Qiang since his appointment in…
June 25, 2024
Russian President Vladimir Putin has a very short list of countries on his list of available international travel destinations these days. He made a wise choice to travel to Pyongyang, where he could be feted as a fellow dictator and share relief from sanctions-imposed isolation. However, Putin’s decision to sign a comprehensive mutual defense pact…
June 24, 2024
MSCI, a New York-based international ratings provider, is soon to release its annual Market Classification Review. The findings will determine what next steps Korea needs to focus on to move from the index of emerging markets to that of a developed one. Once the latter occurs, it would allow Korea to be listed alongside other…
June 18, 2024
During the week from May 28 to June 2, North Korea released over 1,000 large balloons across the demilitarized zone (DMZ) into South Korea. The balloons carried payloads of manure, cigarette butts, used batteries, cloth and plastic fragments, and lots of scrap paper (including used toilet paper). One report said that even dirty diapers were…