The People’s Bank of China spat a good amount of lighter fluid on the global equity market rally at the end of a week that saw the launch of a program designed to provide two-way access to mainland and Hong Kong markets. Friday’s cut in official lending rates by the central bank is the first since July 2012 and follows a series of policy interventions aimed at indirectly stimulating its economy. Both European benchmarks and US stock index futures responded with enthusiastic advances to the reduction ...
Want to buy and hold? Here's one expert's view. 7) Korean won South Korea has become a manufacturing powerhouse. The quality of Korean goods such as Samsung Electronics, Hyundai and Posco meets and often exceeds Japanese competitors. In spite of a weak yen, South Korea maintains competitive advantage versus Japan. South Korea’s fiscal health is also strong with a 35% debt to GDP, 3.3% GDP growth, and 3.8% current account surplus. ...
Recent Visitors
Go to Profile
Mark as Read