11 August 2011 17:25
Countries buy foreign exchange to suppress their currencies. That’s a surprising result given that the won is supposed to be a market-set exchange rate, whereas China’s is a managed float.
So why not make currency manipulation as easy as possible to keep the chaebols happy by ducking developed status for as long as it suits?
chaebol, economy, emerging markets, Financial Times, global markets, market, South Korea
Analysis of data collected by APRA for the annual superannuation performance test showed the prudential regulator could see the rapid growth of the Shield and First Guardian master funds. But the regulator defended inaction, saying it doesn’t have the capability to investigate any red flags.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
In focus: The retirement bucket list – why effective solutions require a rethink"/>
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