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SHINHAN FINANCIAL
Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...- Oil shock threat looms over Dalal Street rallyIndian stock markets and the rupee face potential downturns. Last week's gains were driven by a temporary truce impacting oil prices. The m...
- Trade-deal uncertainty and FPI outflows deepen rupee weaknessThe Indian Rupee has reached a historic closing low against the US Dollar, nearing the significant 90 mark. The Reserve Bank of India has i...
- AI is driver of economic growth, grand national transformation: South Korean PMPrime Minister Kim Min-seok emphasized AI's role in economic growth, announcing a 10 trillion won budget allocation for the sector. The gov...
- Rupee’s 2.4% gain in March best in a month over 7 yearsOverseas investors purchased nearly $4 billion in Indian financial assets during the last days of FY25. This caused the rupee to appreciate...
- Indian rupee edges higher amid dollar inflows and US tariff concernsIndian Rupee: The Indian rupee ended at 85.705 per US dollar on Wednesday, gaining marginally amid dollar inflows and financial year-end po...
- Rupee ends slightly higher on day, little changed on monthThe Indian rupee ended mildly higher on Tuesday after recovering from a decline in the earlier half of the session, aided by dollar sales f...
- Rupee strengthens aided by uptick in Asian peers, forward premiums slipThe rupee was at 82.87 against the U.S. dollar as of 10:25 a.m. IST, higher by 0.11%, compared to its close at 82.9650 in the previous sess...
- REC gets soft commitments for $300 million worth of Yen bondsIt could raise funds for as low as 6.5% interest cost including the cost of currency hedging if its first attempt at a Yen bond sale is suc...
- Rupee ends flattish, likely aggressive intervention helps avert record lowThe rupee ended at 83.2450 to the U.S. dollar against 83.2575 in the previous session.
- Rupee eases for three straight weeks as oil resurgence weighsThe rupee fell 0.1% for the week, having traded in a 20 paisa range over the period.The Financial Times reported that JPMorgan is seeking i...
- GIFT City starts gaining share in currency market, and how!Trades at IFC doubled in the past three months, taking the aggregate to $61 billion in the first seven months of operations at the facility.
- RBI to conduct Operation Twist for Rs 10,000 crThe central bank will conduct the latest OT auction on October 1. It will buy three sets of securities maturing between 2025 and 2029.
- True Balance raises $23 million from a cohort of Korean investorsThe company to use the proceeds to expand its loan book, bolster its technology and business-focused talent acquisition efforts across geog...
- India presses for early meeting of Joint Commission with KoreaMinister for Finance and Defence Arun Jaitley yesterday met South Korean President Moon Jae In and discussed areas of cooperation.
- M&A deals value drops 40 pc in Asia Pacific this monthThe value of Asia Pacific-focused merger and acquisition deals reached USD 20.1 billion in January this year, a decline of 40 per cent from...
- Citigroup pumps $800m into South Korea unitCitigroup Inc is injecting $800m of new capital into its South Korean banking arm, Citibank Korea said, joining other banks in efforts to s...
- HSBC, hedge funds too may bid for LehmanState-controlled Korea Development Bank (KDB) proposed buying 25% of Lehman Brothers for up to $5.3 billion, a newspaper reported, but othe...
- Korea Development Bank wants 25% stake in Lehman: ReportState-run Korea Development Bank (KDB) has offered to buy a 25 per cent stake in troubled US investment bank Lehman Brothers for more than ...
- Shinhan Fin to buy 85% of LG Card for $7.5bnShinhan Financial was selected as the leading bidder to buy LG Card, the main creditor of South Korea’s top card issuer said on Wednesday, ...
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