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Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens

The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities.

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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.