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![[CONTRIBUTION] Fed higher for longer vs. BOK status quo - Vimarsana News](https://koreatimes-bucket.s3.ap-northeast-2.amazonaws.com/IMAGE/upload/newsV2/images/202309/b22a96738c884e0d91f053815811ea46.jpg)
In the Jackson Hole meeting in August, Federal Reserve Chair Jerome Powell compared the current management of monetary policy to “navigating by the stars under cloudy skies.” He firmly stated that the Fed is not contemplating an increase in its 2 percent inflation target and that there will be no pivot in its interest rate policy (interest rate cut) in the near future.
![[CONTRIBUTION] Leveraged investment: rationale and animal spirit - Vimarsana News](https://koreatimes-bucket.s3.ap-northeast-2.amazonaws.com/IMAGE/upload/newsV2/images/202305/50d2407f7a8d489f85adc03c3e689526.jpg)
The prices of eight listed shares have fallen by over 80 percent in just a week due to a large-scale selling spree via Societe Generale, and news of stock price manipulation and arbitrage trading are flooding the media.
![[CONTRIBUTION] Vulnerable won-dollar rate -- down or up? - Vimarsana News](https://koreatimes-bucket.s3.ap-northeast-2.amazonaws.com/IMAGE/upload/newsV2/images/202304/1f9ea146417349ce81969ace9ae2940a.jpg)
The foreign exchange rate for the U.S. dollar versus the Korean won has been rising steadily for the last three months, going up from 1,263 won per dollar at the end of last year to over 1,340 won per dollar currently.
Four senior executives at Vietnam's VinFast have left the electric vehicle startup as it prepares to launch its first overseas model and roll out a network of showrooms in the United States and Europe, the company said.
By Phuong Nguyen and Norihiko Shirouzu (Reuters) - Four senior executives at Vietnam's VinFast have left the electric vehicle startup as it prepares t...