Tech Titans: Corporate Leaders at the Forefront of Digital Transformation
Corporate leaders today stand at the nexus of unprecedented technological evolution, where digital transformation reshapes industries and redefines …
July 19, 2022: -South Korea’s finance minister has shrugged off short-term risks of capital outflows from the Asian economy as gaps in global rates widen.
At the Group of 20 meeting in Bali, Choo Kyung-ho said capital outflows from a country don’t take place due to a single economic driver since investors are also swayed by other factors, such as the strength of an economy.
Choo, the country’s deputy prime minister, acknowledged concerns that the U.S. may be headed for more aggressive rate hikes, and the widening rate gap could trigger capital outflows from South Korea.
“The rate gap has happened before a couple of times, but we didn’t experience any major capital outflows,” he said Friday, according to CNBC’s translation. “Based on that, I think capital outflow doesn’t happen simply because of a rate differential.”
Capital outflows occur when assets and money leave one country for another due to better investment returns, such as higher interest rates.
In June, the U.S. Federal Reserve increased benchmark interest rates by 75 basis points, its most aggressive rate hike since 1994.
An employee is putting genuine bundles of South Korean 50,000 won banknotes at the Counterfeit Notes Response Center of KEB Hana Bank in Seoul, South Korea.
The U.S. Federal Reserve is poised to make another significant rate hike at its July meeting, with some traders betting final week on the increase as high as 100 basis points after U.S. consumer inflation hit a 40-year high of 9.1%.
Corporate leaders today stand at the nexus of unprecedented technological evolution, where digital transformation reshapes industries and redefines …
Corporate leaders stand at the helm of their organizations, often tasked with making decisions that can steer their companies toward …
Corporate leaders are often tested by crises that threaten the very foundation of their organizations. How do these leaders navigate turbulent …
In the vast and often tumultuous seas of corporate leadership, have you ever wondered how some captains …
In the high-stakes game of corporate leadership, where every decision reverberates through the echelons ….
In the corporate landscape, where conformity often reigns supreme, what if I told you that rebels aren’t troublemakers but …
Though polling data indicate a far a lot more even split involving Trump and Harris less than about three weeks before Selection Day. Recent significant
It’s important to assure any platform an individual use is reputable and abides simply by local regulations. A country that when allowed Mostbet may have
There’s recently been off-the-field drama prior to this contest, since the Jets fired their coach. But using the sportsbook promos featured in this guidebook, there
A recent investigation has unveiled a significant undisclosed campaign finance operation within the cryptocurrency …
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you