Investment NewsIt seems like Asia may be encountering a few too many IBs around at the moment, (15 altogether – nine bank-backed and six non-bank backed). But which ones are doing really well? Apparently the CIMB group has a lot to say for itself, having been described as “ambitious” in its attempts at becoming a...
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Asian Job Creation Scheme The economic climate and job potential in Asia is about to get a kick-start. A group of economic development officials led by Gov. Bob McDonnell just set out on an “11-day job creation and economic development marketing mission,” to China, Japan and South Korea at an estimated cost of $278,000....
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Are Asian Women Financially Savvy Today? Years ago the answer for sure would have been a resounding “no.” But today things are somewhat different. It seems that women in Asia (especially those married, 30+, in the workforce) know their won from their yen and their level of competence is likely to increase further “especially...
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In an attempt to escalate investments for the two, the Abu Dhabi Investment Authority (ADIA) is joining up with South Korea, seeking to develop the region’s state-run funds in a global capacity. The latter is known as being “one of the world’s largest sovereign wealth funds.” The National Pension Service (NPS) and Korea Investment...
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Although he may be struggling to win popularity in his cabinet, Naota Kan might have some fans from the fairer sex and might even be stealthily celebrating International Women’s Day today. Following his university graduation, Kan was a staff member for Fusae Ichikawa’s campaign, a woman’s rights activist. But unfortunately, this isn’t exactly helping...
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While China’s economy and finance markets are looking bold and strong, its Korean neighbor isn’t faring quite so well. The potential of the Middle Eastern mess is once again being blamed for the success and stagnation of the yuan and the won. Indeed, statistics showed a hit of 345.35 billion yuan (probably supported...
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A nationwide smart grid is to be built by 2030, receiving a staggering $7.18 billion investment from South Korea’s state-run Korea Electric Power Corp (KEPCO), in an attempt to “curb the country's carbon emissions and improve efficiency in its electricity market.” There have been various greening efforts in South Korea such as 131-acre rooftop...
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Just today, the attempts by Korea Investment & Securities (KIS) to accrue payment from Lehman Brothers International vis-à-vis the company's purchase of credit-linked notes (CLN’s) which are securities that have embedded credit default swaps enabling the issuer to transfer a credit risk to credit investors, four and a half years ago, were...
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KEPCO (Korea Electric Power Corp) just announced that South Korea will be investing $7.18 billion into a nationwide smart grid that is due for completion by 2030. This investment is an attempt to “curb the country’s carbon emissions and improve efficiency in its electricity market.” It seems that South Korea is the perfect location...
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Recent world events – New Zealand earthquake, Japan’s credit rating downgrade and continued Middle East and Libyan unrest – led to a significant drop in stock markets across Asia. For example, South Korea’s Kospi, the Nikkei 225 stock and Hong Kong’s Hang Seng index all plummeted around 2 percent. As well, Japan had...
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