South Korea reveals $15bn extra budget to back slowing economy
After much anticipation, South Korea informed that it had prepared a 17.3 trillion won ($15.4 billion) extra budget aimed at spurring its recently fragile economy. Indeed, the Asia
Bank of Korea doesn’t cut rates in spite of mounting pressure
Surprisingly, the Bank of Korea did not decide to cut rates as it was widely expected. Neither the mounting political pressure nor increasing North Korean threats were enough to
North Korea’s threats to have long-lasting impact on markets
North Korean threats have not only spread panic because of the political implications of probable military confrontation, but they have also already affected markets. South Korean