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Seoul Savings Banks Report High Non-Performing Loan Ratios, Raising Concerns
In the first quarter of this year, 18 out of 23 savings banks located in Seoul showed non-performing loans (NPLs) ratios exceeding the recommended level, Chosun Biz reported. Notably, the number of savings banks in the Seoul area…
Trump Threatens 100% Tariffs on Russian Export Buyers Unless Ukraine Peace Deal Is Reached by September
President Donald Trump on Monday threatened to impose “secondary tariffs” on Russia’s trade partners “at about 100%” if President Vladimir Putin does not agree to a deal to end his invasion of Ukraine in 50 days, CNBC.com…
Thailand Considering Offering Zero Tariffs on More U.S. Imports, Finance Minister Says
Thailand is considering offering zero tariffs on more U.S. imports, the finance minister said on Monday, Reuters reported. The government is also preparing 200 billion baht ($6.1 billion) worth of soft loans to ease the impact of…