Category: East Asia

Bonds batter Bali

NIKKEI ASIAN REVIEW Facing mounting financial pressure, Asian leaders will rue failure to reform sooner William Pesek October 10, 2018 The best time to plant a tree is 20 years ago, goes the old adage. The second-best time? Now. Timber-rich Indonesia does not suffer from a lack of forests. But officials in Jakarta are definitely

South Korea’s bubble troubles

ASIA TIMES Governor Lee Ju-yeol must tap his inner rebel and beat the odds with a regimen of slow, but steady tightening By WILLIAM PESEK MARCH 11, 2018 South Korea’s Lee Ju-yeol has beaten the odds three times in four years. First, in 2014 when he was chosen to run the Bank of Korea after dispensing withering criticism of