Dollar Gains as Middle East Tensions and Rising Oil Prices Support Safe-Haven Demand 
Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh 
Foreign Investors Drive Surge in Japanese Stocks Amid AI Rally and Improved Risk Sentiment 
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
Iran-Pakistan Diplomacy and Strait of Hormuz Tensions Push Oil Prices Above $100 
Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions 
Meta Expands AI Training With Employee Activity Tracking Tools 
Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks 
U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets 
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges 
Asian Stocks Surge to Record Highs as Wall Street Rally Offsets Oil Price Concerns 
The net profit of 35 foreign bank branches in South Korea dropped 4.5 percent to 1.15 trillion won in the fiscal year of 2021, down 53.5 billion won from a year earlier due to an increase in securities-linked losses amid market downswings.
According to statistics from the Financial Supervisory Service, these branches either closed their books for the fiscal year 2021 in September last year or in March this year (FSS).
Data from the Financial Supervisory Service shows that these branches either closed their books for the fiscal year 2021 in September of last year or in March of this year (FSS).
According to the FSS, the drop happened despite a rise in interest income due to high borrowing costs, which was offset by an increase in securities-related losses and a decline in revenue from other non-interest categories like as transaction fees, currency, and derivative trading.
The decrease occurred despite an increase in interest income due to high borrowing costs, which was countered by an increase in securities-related losses and decreased revenue from other non-interest categories such as transaction fees, forex, and derivative trading, according to the FSS.
Because of the high market rates, their interest earnings remained robust. The profit was 1.86 trillion won, up 19.5 percent from the previous year, according to the figures.
Concerns about monetary tightening in key nations and rising currency market volatility have prompted the FSS to step up its surveillance of those foreign bank branches' risk management capabilities.
