foreign currency – Charm

Explainer-Why South Korea cannot make the same US trade deal as Japan

Cs news10 months ago06 mins

By Jihoon Lee and Yena Park SEOUL (Reuters) -South Korea’s negotiations with the U.S. on a trade deal to lower tariffs have stalled amid concerns over the foreign exchange implications of a $350 billion investment fund, part of an agreement reached with President Donald Trump in July. WHAT HAS JAPAN AGREED TO? South Korean officials,…

Russia launches accounts with withdrawal guarantees for foreign investors

Cs news1 year ago02 mins

MOSCOW (Reuters) -Russia has launched a new type of investment account that contains withdrawal guarantees, according to a decree signed by President Vladimir Putin on Tuesday, as Moscow looks to attract foreign investors to the Russian stock market. Since sweeping international sanctions were imposed against Moscow over the Ukraine conflict, Russia has frozen billions of…