Word: malaysian
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...billions by moving markets in a manner that made him a whipping boy for besieged bankers and ministers. In one famous week in 1992, he made $1 billion betting against the British pound, earning him the grudging title of the Man Who Broke the Bank of England. This summer Malaysian Prime Minister Mahathir Mohamad accused him of being a criminal. He said Soros the speculator had attacked Southeast Asian currencies to punish their governments for admitting the Burmese military regime--which Soros the humanitarian opposes--to asean, a regional political and trade organization...
...Malaysian Prime Minister Mahathir Mohamad thinks he has. He says that Soros was upset by the decision of the Association of South East Asian Nations to admit Burma to their group ? Burma being one of the less democratic countries in the region ? and decided to drive their currency values down. ASEAN currencies have been going into tailspin against the dollar of late; Thailand, for one, had to be bailed out by the IMF to the tune of $16.7 billion. Still smarting, the Asian Tigers are screaming for Soros' head on a plate...
...currency markets to the tune of $1 trillion. But according to TIME Business writer Sribala Subramanian, his Quantum fund merely functions like a de facto Central Bank. Like any good government banker, Soros just goes where the money is ? following the market, rather than any political motive. Perhaps the Malaysian PM should consider a refresher course in Econ...
...says, she found she was expected to go to all-night parties and make herself available for sex. She had to hand over her passport when she arrived, and it took her 32 days to get it back so she could leave the country. Responding to reports in the Malaysian press, the Brunei palace issued a denial of her claims, saying the Sultan had never met Marketic...
...Johnson looks far beyond Tokyo to the rest of a rapidly prospering continent. Fidelity already manages pension assets in Australia, and began selling mutual funds in Taiwan in 1986 and in South Korea in 1995. From regional headquarters in Hong Kong, the company is studying the Malaysian and Philippine markets as well...