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Last updated: 21 May, 2025  
 Global Business


Will not accept any form of tutelage: Brazilian Prez hits out at Trump's tariff
IANS | 10 Jul, 2025
Brazilian President Luiz Inacio Lula da Silva on Thursday (Indian time) firmly rejected any form of foreign control in response to US President Donald Trump's announcement to impose a 50 per cent tariff on goods made in the South American country.
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BOK holds key rate steady amid concerns over surging household debt, US tariffs
IANS | 10 Jul, 2025
South Korea's central bank kept its benchmark interest rate unchanged on Thursday, taking a cautious approach amid concerns about rapidly rising housing prices, growing household debt and uncertainties stemming from the United States' tariff policy.
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South Korea's current account surplus widens amid US tariff pressure
IANS | 04 Jul, 2025
South Korea's current account surplus widened in May from a month earlier, despite falling exports, due mainly to falling global oil prices and an increase in dividend income, central bank data showed on Friday.
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South Korea to develop hydrogen-based steelmaking technology by 2030
IANS | 26 Jun, 2025
South Korea will push to develop hydrogen-based steelmaking technology by 2030 to support the local steel industry's efforts to bolster its global competitiveness and achieve carbon neutrality, the industry ministry said on Thursday.
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Consumer sentiment hits 4-year high in June: BOK
Staff Reporter | 24 Jun, 2025
South Korea's consumer sentiment rose to a four-year high in June, driven by eased political uncertainties and optimism over the government's supplementary budget and other supportive measures, the central bank said on Tuesday.
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US Fed to wait for meaningful signs of weakness before rate cut: Experts
IANS | 19 Jun, 2025
The US Federal Open Market Committee’s (FOMC) decision to maintain the federal funds rate at 4.25-4.5 per cent is appreciable, given the persisting geopolitical volatilities, trade uncertainties and the US administration's decision on a 90-day tariff pause, economists and industry experts said on Thursday.
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South Korea vows enhanced market monitoring, swift responses amid Mideast crisis
IANS | 19 Jun, 2025
The government will enhance monitoring of the economy and financial markets and devise appropriate responses based on contingency plans amid escalating tensions in the Middle East, the finance ministry here said on Thursday.
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Auto exports down in South Korea on US import tariffs
IANS | 17 Jun, 2025
South Korea's car exports shrank more than 4 per cent from a year earlier in May as outbound shipments to the United States sharply dropped on Washington's hefty tariffs on imported vehicles, data showed on Tuesday.
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South Korea's largest AI data centre on the anvil
IANS | 16 Jun, 2025
SK Group, a South Korean chip-to-construction conglomerate, said on Monday it plans to build the country's largest artificial intelligence (AI) data centre in partnership with Amazon Web Services (AWS).
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South Korea's economy shrinks 0.2 pc in Q1
IANS | 05 Jun, 2025
The South Korean economy contracted 0.2 per cent in the first quarter of this year, unchanged from an earlier estimate, central bank data showed Thursday, due mainly to a domestic political crisis and uncertainties stemming from U.S. President Donald Trump's administration's aggressive tariff scheme
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  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
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