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International Islamic Trade Finance Corporation’s 2024 Annual Report Highlights Record Trade Support and Expanding Global Impact

June 4, 2025

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 Shares Plummet Over 5.5% Due to Panic Selling Triggered by Trump Tariffs

April 7, 2025

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 Shares Plunge Over 5.5% Amid Panic Selling Due to Trump Tariffs

April 7, 2025

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…

BOK Warns of Prolonged Market Volatility Amid Trump Tariff Scheme, Vows Swift Response

April 7, 2025

Seoul: The South Korean market could face heightened volatility for a longer-than-expected period due to the Donald Trump administration’s sweeping tariff policy, the central bank said Monday, calling for prompt implementation of market stabilization …

LG Electronics Reports Decline in Q1 Operating Profit Due to Rising Costs

April 7, 2025

Seoul: LG Electronics Inc. announced a 5.7 percent decrease in its first-quarter operating profit, attributing the downturn to increased logistics costs. The South Korean electronics giant revealed that its operating profit for the quarter ending in M…

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