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Mounting Risks Starting to Stick to South Korea's Teflon Markets

The domestic and global risks that have been looming over South Korea may finally be catching up with its previously bulletproof markets.

After capping a record eight straight months of gains through July, the country’s benchmark Kospi Index is down in August amid a wave of fresh bad news that’s triggered a surge in volatility: 



  • North Korea condemned the latest round of United Nations sanctions Monday and vowed it will make the U.S. “pay dearly”, according to the Korean Central News Agency.
  • South Korean President Moon Jae-in’s administration unveiled proposed tax hikes Aug. 2 on large corporations and high earners as his reform push gets into gear. The Kospi tumbled as much as 2.2 percent, the most since November 2016.
  • South Korean prosecutor Park Young-soo has demanded a 12-year prison sentence for Samsung Group’s Jay Y. Lee for his alleged role in a bribery scandal that also toppled former president Park Geun-hye.
  • South Korea’s manufacturing purchasing managers’ index returned to contraction in July, according to an Aug. 1 reading, after expanding for the first time this year in June.

source : https://www.bloomberg.com/news/articles/2017-08-08/mounting-risks-starting-to-stick-to-south-korea-s-teflon-markets?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social


25th April 2018

Mansi Shaw

By

Mini cooper 3 door

Faster, feistier and more fun than ever, the iconic MINI 3-door hatch embodies the essence of high speeds, thrilling low centre-of-gravity handling and exhilarating go-kart feeling. Smart, charismatic with impeccable manners, it's like your perfect evening date. Every single time. Packed with urban personality and more valuable standard features than ever, it's just waiting for you to make it yours. It's ready to make your life a whole lot brighter.


the MINI John Cooper Works (JCW) Pro Edition has been launched in India priced at Rs 43.90 lakh (ex-showroom). The limited edition model arrives in the country as a Completely Built-up Unit (CBU) like all MINI models, and combines the prowess of the 3-Door MINI Cooper S with the JCW Tuning kit. You get original JCW accessories on the limited edition model as well, spicing up the styling on the British hatchback. Speaking about the new MINI JCW Pro Edition, BMW Group India President, Vikram Pawah said, "The MINI JCW Pro Edition is inspired by the racing DNA of John Cooper Works that combines distinctive style with legendary driving dynamics and the classic MINI go-kart feeling. Available only on Amazon India, the limited MINI JCW Pro Edition with its irresistible character and high performance capabilities, not only compliments the MINI 3-Door Cooper S but also balances the practicality of a car for everyday use.

The MINI JCW Pro Edition gets cosmetic upgrades borrowed from the John Cooper Works styling department. The limited edition model differentiates itself with a red roof and red ORVMs, while a matte black paint job is complemented by red pinstripes. The performance hatchback comes with LED headlights surrounded by black finished bezels, JCW aerodynamic package and John Cooper Works emblem at the rear. Adding the finishing touch are the carbon fibre finished dual pipe exhausts and controllable exhaust valve systems, while the car rides on 17-inch cosmos spoke black alloys with 205 profile tyres.

source : mini cooper 3

ndtv

05th March 2018

shammi saha

By