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Shinhan Bank entered into a foreign exchange derivative transaction worth about $200 million with the Green Climate Fund (GCF) on August 6.
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.
Diversifying demand for coffee drinks has broadened the consumer market in Korea and increased the country’s exports, according to the government, Tuesday.
Most emerging-market currencies weakened and bond yields rose as fading chances of a deal to reopen the Strait of Hormuz hit oil-sensitive assets around the globe.
SA has licensed 300+ crypto firms, but decentralised finance is pushing financial activity beyond traditional regulatory oversight.
Oil prices rally for the second consecutive day on Tuesday, with the barrel of the US benchmark West Texas Intermediate (WTI) trading at $83.50 during the European trading session.
