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U.S. Futures Mostly Lower, Oil Price Rises on Middle East Tension

Uncertainty regarding the opening of the Strait of Hormuz and a peace agreement between Iran and the U.S. weighed on sentiment, as Trump said Iran would need to pay compensation before any deal could be agreed.

U.S. Futures Mostly Lower, Oil Price Rises on Middle East Tension

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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.