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Seoul’s economic diplomacy in Mexico

  After attending the 2016 Nuclear Security Summit on April 1 in Washington D.C., South Korean President Park Geun-hye and Mexican President Enrique Peña Nieto headed down to Mexico City to hold their second bilateral summit, albeit the first one hosted by one of the two countries. Before that, Park and Peña Nieto had met at the sidelines of the ...

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What causes housing in USA to be too expensive

  The U.S. has two big housing affordability problems. They’re related — and solving the first would go some way toward solving the second. But they’re not the same, and it’s important to understand that. The first problem is that some coastal metropolitan areas in the U.S. are generating lots of good jobs but aren’t building enough housing to keep ...

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Global stocks rally on crude as emerging markets jump

  BLOOMBERG Global stocks climbed to a four-month high and emerging markets rallied as oil rose above $40 a barrel and corporate results beat analyst estimates. European equities were poised for their highest close since January as financial reports boosted companies including Danone and L’Oreal SA. South Korea’s won gained as the central bank refrained from loosening monetary policy and ...

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