Korea National Museum
We've been on vacation this week, which has been blissful, restful, wonderful, choose your own word that means the same thing and add it here: _____________. We had originally set out to take another cool trip, but the exchange rate ... . Normally admission is 2000 won, but today it was free, and we got an education in Korean history [more...]
Date: 2008-12-24 23:17:00
Blog posts
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Videos
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South Korea: Travel and Teach
Thursday, December 18, 2008 Engilsh Teacher(Teaching in South Korea) Salary: 2.0-2.6 million Korean Won (go to http://www.xe.com/ to see the exchange rate on your currency). Monthly pay depends on education and experience. Benefits: * Good schools * FREE rou... read more [more...]
Date: 2008-12-18 21:36:10
Korea Weekend Box Office - Dec. 26-28
Looks like Korean movies will end the year on a bit of a high note, as the No. 1 spot at the box office went to the local film SCANDAL MAKERS ( ... billion won (or $18.7 million, depending on what the exchange rate is doing at the moment ... Revenue (bil. won)1.Scandal Makers (Gwasok Seukaendeul - Korean) 12.044023.2524.272.The Day [more...]
Date: 2008-12-30 00:50:44
Yuan Completes Record Annual Advance as China Seeks Stability
China’s yuan completed its biggest annual gain since the end of the fixed exchange rate in 2005, ... percent slump in the South Korean won and a 19 percent drop for India’s rupee this year. “Any ... to a Bloomberg survey of 34 analysts. The central bank fixed the yuan’s reference rate stronger [more...]
Date: 2008-12-31 12:42:12
Strong Yen ‘Not Necessarily To Japan’s Advantage’
In case you’re wondering about the sarcasm in the title, I am paraphrasing Emperor Hirohito’s World War II surrender speech, ... that the South Korean won, the currency of Japan’s main competitor in areas such as electronic goods ... exchange rate cannot help but hurt Japan. There is another problem with the strong yen. It could tip [more...]
Date: 2008-12-17 22:26:25
Yen Rises as Stock Drop Boosts Currency’s Appeal as Safe Haven
By Stanley White and Ron Harui Dec. 24 (Bloomberg) -- The yen rose against the euro and the dollar, snapping two days of losses, ... U.S. personal spending and durable goods orders dropped. The South Korean won rose on speculation ... purchases or sales of currencies to influence the exchange rate. Against the Australian dollar [more...]
Date: 2008-12-24 04:14:00
Tesco shares jump on trading update
LONDON (AP) — Shares in Tesco PLC jumped more than 6 percent on Tuesday after Britain’s largest retailer revealed that its plan to lure in shoppers ... of supermarket chain Homever and in spite of the depreciation of the Korean won against the pound ... . Outside of Britain, the company sales were up 14.6 percent at constant exchange rates in the 13 [more...]
Date: 2008-12-02 16:08:00
Tesco Reports Respectable Q-3 International Sales Growth; Weakest UK Sales in 15 Years; Fresh & Easy USA Not One of the International Bright Spots
Analysis - With a special look at Fresh & Easy USAUnited Kingdom-based global retailer Tesco, ... of the Korean Won against Sterling," Tesco said in a statement today."We have seen strong growth in all our European markets, although favourable exchange rate movements have contributed significantly [more...]
Date: 2008-12-03 01:06:00
The World's Most High-Tech Nation
By JOOHEE CHO, Digital Reporter, ABC News Seoul If there ever is an "Easy Tech Adaptation for Dummies" book, I’d be the first one to grab it ... to the traditional red kettle with bell-ringing Santa-costumed volunteers, Korean Salvation Army showcased ... ...that, with a mobile phone market penetration rate of 93.6 percent as of last month, the big T [more...]
Date: 2008-12-24 14:40:33
War of Flowers/Tazza: Overall Impressions
“Hwatoo is like life…you can’t take back your move during a game even if it was a mistake. It teaches how painful a moment's mistake can be ... appreciates it as elegance: "That's why there are so many cheaters and so few tazzas." Hwatoo is a Korean ... . The cast was first rate, the chemistry was good, the energy level of each episode was high. The hour [more...]
Date: 2009-01-09 05:42:00
UPDATE 1-S.Korea mulls further support for economy, banks
South Korea said on Friday it was ready to help local banks boost their falling capital ratios but told them not to rely excessively on short-term ... market. On Thursday, the regulatory agency said that South Korean banks were moving to bump ... of steps. South Korean banks’ average capital ratio fell to the lowest in seven and a half years [more...]
Date: 2008-11-14 07:05:41
INSTANT VIEW-S.Korea Nov CPI up 4.5 pct yr/yr, below forecasts
South Korean consumer prices in November rose 4.5 percent from a year earlier, below market expectations, data showed on Monday ... COMMENTARY: JUN MIN-KYOO, ECONOMIST, KOREA INVESTMENT & SECURITIES “Foreign exchange rates are the biggest concern. Consumer prices will not go down anytime soon because of exchange rates. “ [more...]
Date: 2008-12-01 06:14:39
REFILE-GLOBAL MARKETS-Stocks up for 3rd day, yen dips
Asian stocks rose for a third day on Thursday, boosted by the prospect of more growth-supportive policies globally following interest rate cuts by ... . This has boosted currencies such as the Australian dollar and the South Korean won. Credit availability ... Reserve cut its benchmark rate to 1 percent on Wednesday to the lowest since June 2004, to [more...]
Date: 2008-10-30 05:47:27
Archive Post
Archive Post October 31, 2008 at 8:58 pm · Filed under Anju Links Japan and Korea: Japan is ready to drop some of its demands regarding a document to be compiled at the next six-party nuclear talks as long as it leads to proper verification of North Korea’s nuclear programs, a senior Japanese Foreign Ministry official said Tuesday [more...]
Date: 2008-11-01 01:58:19
Tariffs, Arbitration and price-fixing – class struggle or intra-capitalist settlement?
by Humphrey McQueen[The following text appeared in “The Review” section of the Australian Financial Review, 2 November 2007, pp. 6-8 ... the importance of tariffs for the revenue, and to maintain the exchange rate. Finally, the account ... of the tyranny of clichés 3 with which debates are clogged by “second-rate public intellectuals” - to apply [more...]
Date: 2009-01-01 05:04:37
Debt Rattle, November 18 2008: He'll Have To Go
John B. Trevor The Century Ahead 1921 Trevor family trip through western United States Ilargi: I’ll make way today for something my partner in crime Stoneleigh wrote a few days ago as a comment on Garth Turner's site, GreaterFool.ca. Coincidentally, they're supposed to meet today for the first time, somewhere in southern (?!) [more...]
Date: 2008-11-18 19:44:54
South Korea: a test of political leadership
Special Author: Soogil Young, National Strategy Institute, Seoul Lee Myung-bak, the candidate from the conservative Grand National Party, won the Presidency of the Republic of Korea on 17 December 2007, with an unprecedented margin over ... what he believed to be deepening divisions in the Korean economy and society: between big Chaebol businesses [more...]
Date: 2009-01-05 11:15:33
WSJ: Sony To Raise Prices In Europe
Straight from the Wall Street Journal - “Even as the electronics industry wages a price war in the U.S. to drum up sales, Sony Corp ... Inc., have seen the Korean won fall 30% in value against the dollar and 25% against the euro ... of a range of products sold in Europe. The reason: It needs to recoup some of its foreign-exchange losses [more...]
Date: 2008-12-17 21:42:19
From Their Mouth: The Mother of Education
Education in Korea is nutty. Families spend thousands of dollars a month on additional tutoring in just about every subject imaginable ... favorite, paper folding. Discussing the problems with Korean education is not the aim here --that would take too long and be way too nuanced. Here, I want to discuss the role of Korean mothers [more...]
Date: 2009-01-04 12:01:00
26 September SWJ Roundup
It’ll be interesting to see how this plays out. Blogging, I’ve discovered, is an infectious medium ... , you just won’t keep it up. It’s wise of Gen. Caldwell to insist that CGSC students get some hands ... Pakistanis, US-Afghan Patrol Exchange Fire Near Frontier - Shaiq Hussain and Ann Scott Tyson [more...]
Date: 2008-09-26 08:58:42
Korea Weekend Box Office - Oct. 24-26
A top-11 this week, in honor of Bong Joon-ho's latest film, one-third of the triptych TOKYO!, which opened in eleventh ... admissions since its release on Thursday. I think I am too depressed by the dollar-won exchange rate ... , it converts to about $2.36 million at the current exchange rate). Then you have a bunch of Hollywood films [more...]
Date: 2008-10-28 09:16:36
Asian markets rebound
MAJOR Asian stock markets rebounded on Tuesday after several days of steep declines as investors snapped up shares like Honda and Samsung and that ... investors following the biggest rate cut ever by the central bank on Monday, analysts said, even ... on Tuesday. ‘Korean domestic investors are buying stocks and futures’, said Mr Shim Jae Youb [more...]
Date: 2008-10-28 08:24:50
South Korea injects US $4bn into banking system to improve liquidity
According to IHT, the outlook for major companies in South Korea was the worst in 11 years because of the difficulty in borrowing from increasingly ... has been thoughtSouth Korea Government moves to improve liquidity after Korean banks have been hit especially hard ... deficit in October as a result of foreign exchange contract losses.According to [more...]
Date: 2008-11-28 04:04:00
Video: The Medvedev G8 Interview
I usually don't bother posting videos from the government-run news/pr outlet Russia Today (they tend to have a certain slant), but honestly it becomes hard to avoid with the amount of content with which they flood the internet. Bearing this in mind, the following news clip has a quick summary and footage of Russian President Dmitry Medvedev's " [more...]
Date: 2008-07-03 14:30:41
Friday, 14th November 2008
Howzit Foreign currency mid-rates updated. -o00o- Think along these lines - how on earth to you calculate inflation when it stretches into 21 ... calculated the figures based on exchange rate movements and market data. In post Second World War ... figures? "The latest figures put the country's annual rate at 516 quintillion per cent - 516 [more...]
Date: 2008-11-14 11:34:13
Poor Plumber And The Bank Rescues That Kill Him
October 21, 2008 Elaine Meinel Supkis Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course [more...]
Date: 2008-10-21 16:07:21
A Tale of Two Careers
I am a portrait/wedding photographer.I also work at the Mayo Clinic - as an analyst, non-photography related ... , I ended up having to pay about A$300 (about US $200? depending on the exchange rate ... . The couple would get to dress up in different outfits (e.g. Chinese wedding customs, Japanese or Korean [more...]
Date: 2009-01-02 07:19:53
Currency Swapping: Hotter Than Wife Swapping?
OK, so the post title is idiotic (but catchy!) I can explain the former, though the latter is beyond the scope of this blog's coverage ... for a foreign currency at the prevailing exchange rate to help tide over its current FX funding needs. At an agreed date, the process is reversed, with the future exchange rate determined by the interest [more...]
Date: 2008-10-30 10:56:00
10 Obscure Currencies Affected by the Credit Crunch
By Adam Kritzer The majority of forex traders limit themselves to the so-called major currencies because such are easy to monitor and trade with ... below for your edification. Korean Won: While its acceptance by the Continuous Linked Settlement Bank would suggest that it has become a major currency, the Korean Won remains relatively obscure [more...]
Date: 2008-12-17 14:25:51
It’s News To M_A - 12/19/08
cross-posted at WWL, M_A’s & OWL Stories of note from the WakeTheFuckUp news desk… ... ECONOMIC COLLAPSE: WILL LESS MAKE US HAPPIER? - Sarah Van Gelder South Korean politicians brawl ... Adviser - CLIMATE PROGRESS Credit card holders livid about ‘rate-jacking’ - Drew Griffin [more...]
Date: 2008-12-19 14:18:19
Obama's Bunt
Barack Obama scored major national security marks with his July 14 New York Times editorial "My Plan for Iraq" and his speech in Washington D.C. on July 15. He deftly addressed Prime Minister Nuri al-Maliki's insistence that the U.S. make deadline-centric plans to end its occupation of Iraq and outlined the core of the coherent foreign [more...]
Date: 2008-07-23 06:26:26
100 Things I Didn't Know Last Year
At the start of last year, I came across a very interesting article from BBC News Magazine Monitor. Each week the site's writers compiled a list of ten things which they did not know the previous week; their list published on January 1, 2008 pulled together one hundred of the more notable items from those weekly lists [more...]
Date: 2009-01-01 08:00:00
Nouriel Roubini - Madman to Prophet
If you've never heard of Nouriel Roubini, don't worry, chances are his name will soon become a household word.“He sounded like a madman in 2006, He was a prophet when he returned in 2007.”He recently said that "things are going to get much worse" with the unemployment rate going above 9% next year which [more...]
Date: 2008-12-26 13:38:00
Free Energy and the Open Source Energy Movement Part One
Dandelion Salad Used with permission by the author. By jibbguy Op-Ed 6-2008 Free Energy? In this series of articles, we will attempt to examine several “Free Energy” devices, and explain their workings in a very simplified way; while discussing the proposed theories behind them [more...]
Date: 2008-06-27 23:39:46
BDD Hot Stove Report Update #4
Wow! It’s been busy since the last Hot Stove update and there was a third update that was never published due to the site’s server moves. All of those moves will be captured in this latest update and check back next Monday for the most complete offseason transaction update since BDD. Consider it, BDD’s Christmas present to you [more...]
Date: 2008-12-17 22:09:13
Korea 2008: A year in review
Although I haven't been in Korea for the entire year of 2008, it seems somewhat apropos to make a 'year in review' for the notable events of the year ... , it was the oldest wooden structure in Seoul, and was rebuilt following the Korean war. The site currently ... available, and the calls for the Korean president to step down remain fairly strong. I wrote [more...]
Date: 2008-12-31 06:42:00
Lessons in insurance
In September 2006 the first questions about North Korean reinsurance contracts hit the media (Joong Ang Daily, Sept. 20) ... and his regime. All North Korean insurance is controlled by one state-owned firm, the Korea National ... . The alleged fraud involves a wide variety of North Korean industrial and personal calamities where insurers [more...]
Date: 2008-12-19 19:49:22
Global Stocks Decline on Economy Concern; Euro, Oil Retreat
By Adam Haigh Oct. 22 (Bloomberg) — Stocks fell around the world, ... Russia’s ruble and the Korean won slumped. The MSCI Asia Pacific Index decreased 5.3 percent ... government bailouts to save the global banking system won’t avert a recession. “We are still very cautious [more...]
Date: 2008-10-22 12:55:20
South Korean won down on stock deals, importers
The South Korean won slid against the dollar on Tuesday as local shares erased most early gains and on dollar demand from foreign stock investors ... in the country’s main exchange. Foreigners dumped 1.91 trillion won in South Korean stocks during ... and importers for settlements. The won also stayed under pressure from lingering concerns over [more...]
Date: 2008-10-21 06:00:32
Are We There Yet? Finding that Elusive Bottom
Source: The Gold Report David Skarica, author of the Addicted to Profits newsletter, ... . You won’t get as many new lows in the market; the fear gauges like the VIX (Chicago Board Options Exchange Volatility Index) won’t hit such extremes. A lot of the industries that led us down [more...]
Date: 2008-11-14 19:50:22
Asian Markets welcomes Barack Obama with rally
Nikkei, Kospi extends gains while Shanghai, Sydney, Hang Seng shows some reboundThe stock markets across the Asian region welcomed Barack Obama's win ... the session higher at US$0.6048 compared to Tuesday's close of US$0.5870.The South Korean won ... Exchange on Tuesday.In the currency market, the U.S. dollar traded in the mid 99-yen levels in late Tokyo [more...]
Date: 2008-11-05 14:14:00
The KIKO Affair
I guess we shouldn't be surprised. With emergency loans being extended around the world to failing and failed companies (GM, Chrysler) ... at a fixed won/dollar rate if the exchange rate stays within the range fixed in the contract ... more for dollars on the currency market to sell them at the fixed rate to the banks. With the won plunging [more...]
Date: 2009-01-02 01:17:33
Less Than 4 Months To Go.....And Dying To Leave!
If I said that I was not itching to leave Korea, I would be lying significantly ... that is mainly due to me, of course. I just cannot stomach the ignorance of the Korean people ... . You cannot teach here. It is like having handcuffs on and sometimes even worse than that. The Korean [more...]
Date: 2009-01-09 11:03:00
20 July SWJ News, Op-Ed, Blog and Events Roundup
IRAQ Brown Agrees to Cut British Troops - Haynes and Elliott, The Times Gordon Brown, on a flying visit to Baghdad and Basra, said today he plans to reduce the remaining number of British troops in Iraq following a drop in attacks, but declined to set a timeframe for their departure [more...]
Date: 2008-07-20 02:33:20
Jobs ESL TEFL TESOL,jop,Work,Hire,online,[TEFL.com] ELT JobLink Weekly Digest - 5 January - Part 2
Join 4Shared Now! .adHeadline {font: bold 10pt Arial; text-decoration: underline; color: #0000FF;} .adText { ... ( from 1200 USD with fixed exchange course) - Pai...Teachers 4 Jan Charles Abroad Below are details ... to the dollar-above current exchange rates) month. Any...English Language Teacher 1 Jan EF English [more...]
Date: 2009-01-10 01:57:00
it's beginning to look a lot...
What the UAW Made by Trapper John Sun Dec 21, 2008 at 02:13:38 PM PSTI spent the summer of 1999 working for the UAW legal department. It was the best job that a union-oriented first-year law student could ask for: great bosses, co-workers who shared your values, and interesting work [more...]
Date: 2008-12-22 18:43:00
Currency crisis is gathering storm
In the last few weeks, the currency market is where the action has been ... then widened to include the Icelandic Krona, the South African Rand, the Polish Zloty, the South Korean Won, the Hungarian Forint, and the Mexican Peso amongst others. This speaks to hot money fleeing [more...]
Date: 2008-10-25 22:19:35
Korean Stock Markets Drops Over 10%, Won at 1424 to the US Dollar
I hope no one has any money invested in the Korean stock market because it is dropping faster then even Wall Street: ... months. The exchange rate of the Japanese yen against the won also posted an all-time high of 100 yen ... . It was the eleventh sidecar triggered this year. The dollar value against the Korean won rose [more...]
Date: 2008-10-24 23:04:13
Recession fears hit stocks
LONDON - FEARS of an ‘inevitable’ global recession prompted sharp swings on currency markets and falls on stock exchanges despite talk of new ... rate cuts in the 15-nation eurozone to spur economic growth forced the euro towards a near two-year [more...]
Date: 2008-10-22 11:03:51
Daily Dose: 12/18/08
» UCLA Releases New Research on Asian American Literature Abroad » Asian Americans Win Victory in Boston Ballot Battle » JP Morgan Sponsored ... Humiliating’ Loss to Oman » Fed Cuts Rates, Asian Markets’ Limited Gains » Nomura Seeks Bond Powerhouse [more...]
Date: 2008-12-19 00:14:46
