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Finance & Markets

Foreigners' Credit Card Spending in S. Korea Reaches Record High in Q2

[Economy] : Foreign credit card spending in South Korea has surged to an all-time high in the second quarter of this year, driven by an influx of overseas visitors. According to figures released by the Bank of Korea on Wednesday, nonresidents spent four-point-86 billion U.S. dollars using credit and debit cards in ... [more...]

Foreigners' Credit Card Spending in S. Korea Reaches Record High in Q2

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

Read the original at world.kbs.co.kr →

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Hormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil Markets

The number of tankers traversing the Strait of Hormuz remains below the ten-day average, according to ship-trackers, with Kpler reporting only four tanker crossings for Tuesday. That is below a ten-day average of 13 tankers, Reuters reported earlier today.

  • Tanker traffic in Strait of Hormuz drops below ten-day average
  • U.S. Energy Secretary claims 17 million barrels passed through
  • Iran targets two tankers in retaliation for U.S. attacks

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