Namib Minerals secures $6.5M debt facility from BancABC
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South Korean shares set for biggest quarterly drop since early 2020
SEOUL: Round-up of South Korean financial markets: South Korean shares erased early gains to trade lower on Wednesday, weighed down by concerns over high bond yields, and were set for their biggest quarterly drop in 6-1/2 years.
GBP/JPY Price Forecast: Bright UK data helps the Pound to extend its recovery
The British Pound (GBP) is bouncing strongly against the Japanese Yen (JPY) in Wednesday’s early London session, supported by the upward revision of the UK's Gross Domestic Product (GDP) and a positive surprise in the Current Account.
Forex Today: Market focus shifts to critical US inflation and employment data
Here is what you need to know on Wednesday, September 30:
State-backed AI fund draws cooler demand in second offering amid loss concerns
A government-backed fund investing in emerging industries, including artificial intelligence (AI), began its second retail offering of 600 billion won ($443 million) Wednesday, with banks selling…
Shinhan Bank's Vietnam unit under scrutiny over internal control issues
Shinhan Bank's Vietnam operations are facing scrutiny over internal controls after the Southeast Asian country's central bank issued nine corrective recommendations, including shortcomings in loan…
Dunamu targets growth beyond Korea's crypto market
Dunamu is pursuing its next phase of growth beyond Korea, aiming to connect the country's digital asset ecosystem with global financial markets, company CEO Oh Kyoung-suk said Wednesday. "Korea has world-class capabilities in digital assets, with a large user base, ample liquidity and strong expertise, but much of that strength remains…