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S. Korea Sets Sights on ‘Cross-Border Financing Hub’

S. Korea Sets Sights on ‘Cross-Border Financing Hub’

SEOUL, Dec. 8 (Korea Bizwire) – South Korea has decided to reset its push to become a regional financial hub, reflecting a change in related global circumstances, authorities announced Thursday.  Despite the government’s initiative that started in 2008, foreign financial firms have withdrawn or scaled down their businesses in Asia’s fourth-biggest economy.  In a relevant [...]