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...On Wednesday, Bank of Korea governor Rhee Chang-yong said the central bank would intervene to control currency volatility if needed....
The Chiang Mai Initiative would work better if it was a fully-funded system
...“Many Chinese businesses are manufacturing intermediate goods, which we mainly export,” Rhee Chang-yong, the governor of the Bank of Korea, told lawmakers last month....
...Curators Wang Jun-Jieh, director of TFAM, and film scholar Sing Song-Yong want to reveal new facets of Yang’s personality. “Kaili Peng [Yang’s widow] encouraged us to show his playfulness,” Sing says....
...Rhee Chang-yong, the Bank of Korea governor, told a parliamentary session on Friday that the central bank would step up its monitoring of the currency and take market stabilisation steps if needed....
...Rhee Chang-yong, the BoK governor, has said the bank’s tightening bias would continue for the time being as the weaker won drives up the country’s import costs and the country’s rate gap with the US stokes...
...“Many Chinese businesses are manufacturing intermediate goods, which we mainly export,” Rhee Chang-yong, the governor of the Bank of Korea, told lawmakers in May....
...The rate decision was announced as Bank of Korea governor Rhee Chang-yong prepared to join central bankers from around the world at the annual Jackson Hole Economic Symposium in the US state of Wyoming....
...Governor Rhee Chang-yong said on Monday that the BoK would likely raise interest rates by 25 basis points this month after delivering an outsized half-point hike last month....
...Governor Rhee Chang-yong hinted at the possibility of such an increase last month. Rising wages and the weaker Korean won are expected to fan inflationary pressure in Asia’s fourth-largest economy....
...The Bank of Korea has raised its benchmark interest rate by a quarter point as its new governor Rhee Chang-yong looks to prioritise curbing price pressures amid higher inflation and lower growth forecasts...
...Rhee Chang-yong, the new BoK governor, said last week that inflation remained a big concern, and was being affected by the war in Ukraine and China’s Covid-19 lockdowns....
...The BoK said inflation would probably remain above 5 per cent in June and July and governor Rhee Chang-yong has said the bank would prioritise fighting inflation rather than boosting economic growth....
...Former governor Lee Ju-yeol retired last month and his successor Rhee Chang-yong has yet to start his four-year term....
...Rhee Chang-yong, the BoK’s newly confirmed governor, said on Monday that he “was more worried about inflation” than about the country’s growth prospects, but added he would “still need to look at the data...
...Lee Sook-jong adds: “In Korea, a president rules for five years. But a chaebol family rules forever.”...
...It is not an overnight change, it is a slow evolutionary process,” says Chang. Lee has already vowed not to hand over management of the group to his children....
...People, from business leaders to monks, have in recent days called for Lee Jae-yong to be freed from prison via a presidential pardon....
...Last week, in a denouement that underscored the scandal’s dimensions, the authorities reimprisoned Lee Jae-yong, de facto head of the Samsung group and the nation’s most powerful business leader, for bribery...
...He realises that it will be almost impossible to avoid it in the next generation,” Mr Chang said....
...“She’s nice because she’s rich,” replies Ki-taek’s own wife Chung-sook (Chang Hyae Jin)....
...The privately owned chain was founded in 1984 by husband and wife Do Won and Jin Sook Chang, Korean immigrants to the US who opened their first store in Los Angeles....
...Founded in 1984 by husband and wife Do Won and Jin Sook Chang, Forever 21 became a shopping centre stalwart after an aggressive expansion in the 2000s during which it moved into unusually large spaces....
...Husband and wife Do Won and Jin Sook Chang named their retail empire Forever 21 because they thought it was the most enviable age but few would want to find themselves in their shoes....
...“Many workers are returning to North Korea from Russia, but there has been no sign of North Korean workers withdrawing from China,” said Cheong Seong-chang, a North Korea expert at the Sejong Institute,...
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