II. Yen carry trade
II. 1. What is Yen carry trade?
II. 1. (1) Typical meaning
The typical meaning is “borrowing at low interest rates in yen and using the loan to buy higher yielding assets elsewhere.” During the past decade, the trade has become a “staple” for many investors. One of the most popular forms of the strategy exploits the gap between US and Japanese yields. Anyone
Lipopolysaccharides (LPS), also known as lipoglycans,
are large molecules consisting of a lipid and a polysaccharide
joined by a covalent bond; they are found in the outer
membrane of Gram-negative bacteria, act as endotoxins and
elicit strong immune responses in animals.
LPS is the major component of the outer membrane of
Gram-negative bacteria, contributing greatly to the structu
II. 2. The progress of Yen carry trade
Since 1990s, Japanese government and central bank started lowering interest rate policies so that Yen carry trade has begun.
1) After Kobe Earthquake in 1995, the Bank of Japan lowers the interest rate at 1%. In 1997, as financial crisis in East-Asia was broadening, Yen carry assets were paid off. In addition, The sharp increase in foreign bank as
effective, preventative anti-money laundering?
The primary reason for fighting money laundering is to enable law enforcement authorities to confiscate the proceeds of predicate criminal activities. So, effective anti-money laundering has 4 conditions. First, it imposes a number of obligations on financial institutions. Second, it requires harmonization efforts in substantive
3. Positive effect of CCTV
(1) Crime Prevention and Detection
a. Sungnyemun fire Case
February 11, 2008, Koreans witnessed in shock the transformation of one of the country's best-known landmarks which guarded the capital for 600 years into a pile of smoldering ashes in the span of just a few hours. A 70-year-old man angry over a compensation payment for his house had set fire to Sungnyemun