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The yield on three-year Korean government bonds, which fell to 2.44% in early May, has risen to back above 3%. The yield on 10-year US Treasuries surged from 1.62% in early May to 2.54% in June. Is this upswing of interest rates positive for the economy and financial markets?The answer is “It depend
Opinion
matthew
2013.07.19 08:42
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North Korea, who shelled Yeonpyeong Island and sank the Navy corvette Cheonan last year, has now shifted its attitude; the communist regime has been asking to resume the dialogue with South Korea in a series of statements including a New Year’s editorial in its state-run media urging the resolution
Opinion
Jack H. Park
2011.03.04 13:54
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It has indeed been a hectic summer. Our hot summer days were filled with the joys of the World Cup, excitement yet nervousness about the local elections, and most recently, worries over those affected by Typhoon Kompasu. Drastic switches from scorching sunlight to pouring rain seem to have left us d
Opinion
Jack H. Park
2010.10.13 12:50
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May, the season of verdure and family reunions, is the most active and liveliest month of the year. Frankly speaking, I said to myself this time again, “I could have worked harder to provide our readers with something better...”This year’s May had many twists and turns, including our frustration and
Opinion
Jack H. Park
2010.05.13 14:25
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The quality and quantity of research within the public research organizations (PROs) does not seem sufficient for many of the PROs. In 2009, only 169 PROs, which is 61.9% of total PROs, perform technology transfer activities. Among them, 150 PROs have established a technology licensing organization
Opinion
matthew
2010.04.15 17:37
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In March, a Korean Navy frigate sank in waters near the border with North Korea in the West Sea. The news shocked Korean people and their hearts were broken as they watched the bodies of the missing sailors being recovered from the stern of the sunken frigate Cheonan three weeks later. Although the
Opinion
matthew
2010.04.15 15:28
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In 2009, the global financial market environment showed speedy improvement following efforts to overcome the global financial crisis and the recovery of the global economy. However, misgivings still remain regarding global financial markets as seen by Dubai World's debt moratorium and Greece's fisc
Opinion
matthew
2010.03.15 17:53
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Korea finished fifth in the Vancouver Winter Olympics in February, with 14 medals. We hope the great performances of the Korean athletes will help Pyeongchang, Korea be selected as the venue for the 2018 Winter Olympic Games. The Lee Myung-bak government recently marked the second anniversary of it
Opinion
matthew
2010.03.15 10:30
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On January 7, 2010, China’s Central Bank, the People’s Bank of China, took measures to tighten China’s money policy. The interbank interest rate was raised by setting the 3-month monetary stabilization bond at 1.3684%, 0.04%p up from the previous week; and on January 13, the bank raised the reserve
Opinion
matthew
2010.01.15 11:12
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According to a survey conducted by a Korean daily newspaper, nine of ten experts on Korean affairs in the U.S. felt it is unlikely that the Korea-U.S. free trade agreement would be ratified by the U.S. Congress this year, with some even predicting that it had little chance next year either. Since t
Opinion
matthew
2010.01.15 10:43
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The uproar over Sejong City reached its peak after the government recently overturned the original plan and announced a blueprint for replacing it, focusing on business, science and education rather than public administration. The project to transform Sejong City into a second administrative capita
Opinion
matthew
2010.01.15 10:40
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The New Year of the Tiger is upon us. We hope the New Year will be filled with happy and productive events and activities for Korea and the world. We also hope Korea will successfully host the G20 Meeting later this year and that all those participating will find effective solutions to global probl
Opinion
matthew
2010.01.15 10:39
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TIME really flies. It is early December already and we have only one month left before the start of a new year.For the cover story of our December issue, we report on the international trade of Corporate Korea and Korean trade-related organizations, such as the Korea Export Insurance Corporation as
Opinion
matthew
2009.12.15 00:00
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PRESIDENT Barack Obama emphasized a deeper and broader U.S. relationship with Asian countries during his recent Asian tour, promising a strengthened and sustained commitment to Asia’s rising powers.During his four-day visit, Obama stressed that China is an important and strategic partner of the U.S.
Opinion
matthew
2009.12.15 00:00
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2009 has been a really interesting year for Dynamic Korea. In the first half of 2009, Korea’s FX market as well as its overall economy pitched and rolled due to the short-term USD liquidity problem. Korea’s CDS premium skyrocketed to over 300 bp. Major foreign press, including the Financial Times, w
Opinion
matthew
2009.12.15 00:00
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THE Korean Railway Workers’ Union ended its physical confrontations and decided to return to work. This seemed due to the government’s determined stance to go with the law and the public’s opinion that their behavior was unjustified. Like other workers in the trade unions of large businesses, worker
Opinion
matthew
2009.12.15 00:00
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DURING Chinese premier Wen Jiabao’s recent visit to North Korea, North Korean leader Kim Jong-il told the Chinese premier that the condition for his return to six-party talks was an end to the “hostile” policies of the United States. The North’s official daily the Rodong Shinmun said it should inclu
Opinion
matthew
2009.11.15 17:45
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In November, the nation was troubled by a sharp rise in the number of new influenza patients. It is high time to pay more attention to health and hygiene. We wish our readers and their families at home and abroad good health and ask them to take care during this epidemic.In this issue, as seen on th
Opinion
matthew
2009.11.15 17:35
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During the third quarter of 2009, the Korean economy appears to have yielded a fairly good result. As its gross domestic product (GDP) grew 2.9 percent year-on-year, it is projected to achieve an annual 10 percent growth rate. The forecast for achieving such a performance depends on the nation’s out
Opinion
matthew
2009.11.15 17:35
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An odd thing happened between South Korea and the U.S. after President Lee Myung-bak proposed a “grand bargain” of security guarantees and economic aid to North Korea in exchange for the scrapping of its nuclear weapons program. The proposal was made in a speech at the Korea Society in New York dur
Opinion
matthew
2009.10.15 15:13