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Here's what could happen to South Korea's currency if the country reunifies with North Korea A currency trader covers his face with his hands with screens, background, showing the Korea Composite Stock Price Index, and the exchange rate between the U.S. dollar and the South Korean won, right, at the Korea Exchange Bank headquarters in Seoul, South Korea, Tuesday, Jan. 6, 2015.
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| BorgWarner Q1 income surges 19 percent on currency gain, acquisition BorgWarner Inc. said its net income grew 19 percent to $225.1 million, as the auto supplier's profits were fueled by a $200 million foreign-currency gain. Total revenue reached nearly $2.8 billion, a quarterly record for the supplier, up from $2.4 billion a year ago. Aside from the impact of foreign currencies ...
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| Ex-HSBC currency trader sentenced to two years in prison in the US A former HSBC Holdings executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy in a $US3.5 billion currency trade in 2011. Mark Johnson, formerly head of HSBC's global foreign exchange cash trading desk, was sentenced by US ...
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