April 28, 2025

Asia News

Banking

Four major banking groups post record Q1 earnings

ATMs of South Korea’s four major commercial banks are lined up on a street in Seoul on Sunday. (Yonhap) South Korea’s four largest banking groups reported record-high combined earnings in the first quarter, approaching 5 trillion won ($3.48 billion) despite a broader economic slowdown and declining interest rates. Shinhan Financial Group on Friday posted a

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Finance

South Korea-US tariff talks ease uncertainty, open path for orderly consultation: finance chief

South Korea’s Finance Minister Choi Sang-mok (second from left), Trade Minister Ahn Duk-geun (left), US Treasury Secretary Scott Bessent (third from left) and US Trade Representative Jamieson Greer (right) pose for a photo prior to their trade talks in Washington, DC, on Thursday. (Ministry of Economy and Finance) South Korea’s Finance Minister Choi Sang-mok said

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