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Last updated: 09 Apr, 2026  
 Global Business
tariffs-2.jpg
US adjustment of steel tariffs to lower administrative burden on firms
IANS | 09 Apr, 2026
The United States' recent adjustment of its metal tariffs will likely reduce the overall administrative burden on South Korean companies, though the impact may differ by item, Seoul's trade minister said on Thursday, vowing efforts to help companies minimise their burden.
 More Headlines
» Foreign currency deposits in S. Korea fall for 2nd month in Feb
» Crude prices cool down as US allows all countries to buy Russian oil
» IEA countries to release 400 million barrels of oil to address global energy disruption
» India supplying diesel to Bangladesh as part of ongoing agreement
» S. Korean firms seek measures as global oil prices surge amid Middle East crisis
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      Headlines
bangla-flag.jpg Bangladesh faces economic strain as Iran war pushes up fuel and food costs
IANS | 05 Apr, 2026
The ongoing war in Iran is creating real economic pressures in Bangladesh, affecting fuel, fertiliser, freight, and foreign exchange, a report has said. 
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oil.jpg S. Korea secures 50 million barrels of alternative oil supplies for April
IANS | 02 Apr, 2026
South Korea has secured around 50 million barrels of alternative oil supplies for this month to replace supplies from the Middle East blocked due to the effective closure of the Strait of Hormuz, government officials said on Thursday, vowing continued efforts to stably manage energy supplies. 
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mideast.jpg Escalation in Mideast may cause losses exceeding 2025 regional cumulative GDP: UN report
IANS | 01 Apr, 2026
The military escalation in the Middle East, now in its fifth week, may cost economies in the region from 3.7 to 6 per cent of their collective GDP, representing up to $194 billion in losses, according to a new report issued.  
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seoul-stock.jpg Seoul stocks up amid talks to end war in Middle East
IANS | 25 Mar, 2026
South Korean stocks traded markedly higher late on Wednesday morning, driven by gains in big-cap tech shares, as investors cautiously pinned hopes for progress in negotiations between the United States and Iran to end the ongoing conflict. 
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