Govt extends ED Director Navin's tenure by 1 yr
We haven't written up this one. The Economic Times has the full story — the link below goes straight to it.
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Insurer Sales Face Capital Hurdles
As major insurers including KDB Life Insurance, Lotte Non-Life Insurance, and Yebyeol Non-Life Insurance come to market in quick succession, the financial sector’s calculus surrounding potential…
- New capital regulations require 50% K-ICS ratio starting next year.
- Acquisition costs may exceed purchase price, hindering sales.
- Multiple insurers face core capital deficits exceeding 350 billion won.
Stablecoins Move into Card Payments and Remittances
Global card companies are incorporating stablecoins into their payment and remittance infrastructure in earnest. With instances emerging of companies moving beyond partnerships and demonstrations to…
- Major financial institutions acquiring stablecoin infrastructure firms directly.
- Visa's pilot service pays freelancers in stablecoins, partners with Zero Hash.
- Mastercard completes $1.8B acquisition of BVNK, expanding stablecoin strategy.
POSCO Rebuts Japan’s Anti-Dumping Duties
With POSCO rebutting the preliminary anti-dumping duties imposed by the Japanese government on Korean steel products, attention is being drawn to whether the steel trade conflict between Korea and…
- POSCO disputes Japan's preliminary anti-dumping duties on Korean steel products.
- POSCO claims export price of hot-dip galvanized steel to Japan is higher than domestic price.
GSE delivers 75% year-to-date return for investors as of July 2026
There were Intravenous Infusions PLC (367%), Hords PLC (255%), Clydestone (Ghana) PLC (61%), Cocoa Processing Co. PLC (31%), Ecobank Ghana PLC (16%), Scancom PLC (11%), Standard Chartered Bank Pref.
HBL appointed by Ministry of Religious Affairs & Interfaith Harmony as exclusive banking partner for Hajj 2027
HBL, under its segment, HBL Islamic, has been appointed as the Exclusive Banking Partner for Hajj 2027, in collaboration with the Ministry of Religious Affairs & Interfaith Harmony (MoRA), Government…