Asia

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…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…

On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…

By Phil Eskeland Last October, the prestigious Gallup organization released a study1 that reported on the level of employee engagement in the workplace based on surveys performed during 2011 and 2012 in more than 140 countries. The aim of this study was to encourage companies and policymakers to support initiatives to increase the number of…

By Nicholas Hamisevicz Reports indicate South Korea’s National Intelligence Service (NIS) believes that Jang Song Taek, Kim Jong-un’s uncle, has been removed from all of his leadership posts in North Korea. If true, this would possibly be the biggest power move under Kim Jong-un’s new leadership. Jang Song Taek, husband to Kim Jong-il’s sister, Kim…

By Troy Stangarone As political gridlock in mid-October brought the United States to the brink of default for the second time in two years, world leaders and major holders of U.S. debt such as China called on the United States to take responsible actions to protect U.S. debt holders. However, at the same time that…

By Troy Stangarone As the only Northeast Asian nation not involved in the nuclear talks with North Korea, Mongolia is often left out of discussions about resolving the region’s most intractable security issue – the North Korean nuclear crisis. However, when Mongolian President Tsakhiagiin Elbegdorj becomes the first head of state to meet with Kim…