Jeddah: The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has announced the release of its 2024 Annual Report, titled “Reaching New Frontiers.” The report captures a landmark year showca…
Seoul: South Korea’s financial regulator announced plans on Monday to extend emergency liquidity and market stabilization measures, pledging up to 100 trillion won (US$68.12 billion) to aid companies impacted by the comprehensive tariffs imposed by th…
Seoul: Samsung Electronics Co. said Monday it plans to leverage its global production network to navigate new U.S. tariff policies, including reciprocal duties that target goods from nearly all countries, including South Korea. “We sell TVs, monitors …
Seoul: South Korean stocks plummeted over 5.5 percent on Monday, marking a fourth consecutive day of losses as investors reacted with panic to an intensifying global trade war initiated by U.S. reciprocal tariffs. The Korean won experienced its larges…
Seoul: South Korean stocks nosedived more than 5.5 percent Monday, extending their losing streak to a fourth consecutive day, as investors panicked over an escalating global trade war triggered by U.S. reciprocal tariffs. The Korean won fell by the mo…