South Korean government bond yields fell as uncertainty over the supplementary budget eased, with foreign investors driving gains through strong futures buying.
#YonhapInfomax #GovernmentBond #Yield #SupplementaryBudget #ForeignInvestor #TreasuryFutures #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66731
#ForeignInvestor
The #expulsion comes in the midst of an anti-corruption drive known as the #BlazingFurnace launched by #CommunistParty General Secretary Nguyen Phu Trong, in which dozens of officials and business partners of politicians have been caught up.
The high-profile purges have roiled #financial markets and #ForeignInvestor confidence and critics say the campaign has been used to target factional rivals.
Van is well-known for speaking out against state agencies and organizations.
In May 2020, he asked the chairman of the National Assembly to consider implementing parliament’s supreme supervision over court operations, through the case of death row prisoner Ho Duy Hai. He said that the Supreme Court’s verdict on Hai’s appeal was unconvincing as there were many unclear issues that concerned the public.
In November 2022, Van said National Assembly delegates needed to discuss and debate more, not just read aloud.
In November 2023, Van spoke about the #DaiNinh #hydroelectric plant project in #LamDong province. He alleged #bribes were given to government officials.
https://www.rfa.org/english/news/vietnam/communist-party-expels-politician-07182024214329.html
#AsianMastodon #Vietnam #AsiaPolitics #ASEAN #AsiaPacific #TootSEA #GlobalSouth #SouthEastAsia
Restoring #ForeignInvestor confidence is not as important to #Beijing as ensuring that money goes back to #homebuyers and #investors in #China, say analysts. Offshore creditors are owed $25 billion by #Evergrande.
In September 2021 about 1.3 million to 1.5 million Chinese had already made payments for unfinished homes via pre-sales. This presents a huge social and political problem for #XiJinping's regime. #PropertyMarketCrisis
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