South Korea is a promising land; they have a good economy and have a stance in political spectrum. Aside of the economy and politics, the culture in South Korea is so prosperous. Back to the economy, South Korea has a powerful car industry. Looking back to the history the car industry and some electronic companies [...]
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Federal Reserve Central Bank Promised to Act if U.S. Economic Reovery Efforts Fails

Ben S. Bernanke, Federal Reserve Chairman on Friday said that the central bank is ready to act for the U.S. economic recovery efforts. The assurances he made at the Kansas City Fed’s symposium near Jackson Hole, Wyo., highlights not only the uncertainty of the economy, but also the futility of trusting policymakers to solve all [...]
Bank of Japan’s Stimulus Package Boosts Japanese Stocks in World Markets

Japanese stocks ups the way in world markets Monday after the country’s central bank eased monetary policy again in its latest attempt to shore up the economy. Prime Minister Naoto Kan said Japan is preparing a 920 billion yen ($10.8 billion) stimulus plan to boost employment and help small businesses threatened by the rising yen [...]
Al Jazeera Reports that Most European Banks were Pass Stress Test
As investors continue to worry about the strength of Europe’s economy, seven out of 91 banks have failed a stress test, meaning they would collapse if there was another downturn. The European Union said on Friday that test results confirm the overall resilience of the continent’s banking system. The real test, however, could come in [...]



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