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Robert Eberenz

Stories from Robert Eberenz

An Unplugged Revolution: The Korean Communication Industry

Monday, February 7, 2011

 

The wise Confucius once said, “Ability will never catch up with the demand for it.”

 

The ancient teacher’s omniscient words could not have anticipated the specific nature of electronic technology, but most agree that his spirit transcends Korean business culture. Perhaps by accident, this Confucian adage accurately describes the relationship between Koreans’ demand for connectivity and the advancing ability of communication providers.

World Chemical Leaders Event Lures Decision Makers

Monday, November 1, 2010

Recent economic factors have dramatically changed the face of the chemical industry across the Globe, forcing leaders to adapt and offer new opportunities for innovative start-ups that are capable of meeting unique customer demands. Keeping one eye on the competition and the other on competitive advantage is a must for success in the dynamic chemical production business.

India to be the Fastest Growing Economy in the World, Outpace China in 2011, Word Bank Report

Sunday, October 24, 2010

The World Bank is reigning in its initial forecasts of 2011 growth for East Asia, where the region as a whole is expected to grow less than previous estimates. Surprisingly, this slowing growth in the region will help India attract capital and clout, as the prospect for growth there now surpasses average regional estimates and even the Chinese growth rate next year.

China Rate Hike Boosts Banks

Wednesday, October 20, 2010

China reversed its policy to maintain its benchmark one year interest rate from 2.25% to 2.50%, after nearly two years of stagnation. The move comes amidst a furious assailing by U.S. policymakers, led by Treasury Secretary Geithner and President Obama, who claim that China’s currency is “undervalued” when compared to the U.S. Dollar. China’s currency is supposed to float freely, but it is still stiffly managed by Beijing. The Yuan was pushed 0.3% lower to 6.6754 Yuan/U.S. Dollar, following the rate announcement today.

Rumored BOK Action Spooks Won

Monday, October 18, 2010

The Korean Won (KRW) has seen impressive gains over the past two months; approximately 12.5% growth versus the U.S. Dollar (USD). A slew of expectations concerning international monetary policy spans the spectrum of developed world economies, and has caused heightened currency volatility from region to region. Most notable were the initial comments from Ben Bernanke’s Federal Reserve,

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