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Tuesday, July 15 2025

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…

Tuesday, July 15 2025

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…

Tuesday, July 15 2025

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…