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Finance & Markets

China’s Car Exports Boom as Domestic Sales Slump, Margins Shrink

China’s car exports surged again, serving as a lifeline for automakers mired in a domestic slump driven by rising fuel costs and weak consumer confidence.

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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Shinhan Bank Partners With GCF on Currency Hedge

Shinhan Bank entered into a foreign exchange derivative transaction worth about $200 million with the Green Climate Fund (GCF) on August 6.

  • Shinhan Bank partners with GCF on $200 million currency hedge.
  • GCF's foreign exchange hedging program selects Shinhan Bank as inaugural partner.
  • Shinhan Bank aims to advance global green finance with GCF.

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