Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Woori Bank's net profit for the second quarter slipped 45.28 percent on-year to 682.1 billion won due to the pandemic, low-interest rate set by the central bank, and hedge fund misselling.
The bank was fined 19.7 billion won by the Financial Supervisory Service for misselling derivatives-linked products and was accused of failing to give investors adequate information.
Its operating profit fell 35.04 percent to 1.3 trillion won. But revenue increased 21.34 percent to 13.8 trillion won.
The commercial bank's holding company, Woori Financial Group, saw its net profit for the first half of 2020 drop 44 percent to 660.5 billion won.
The Bank of Korea's decision to cut interest rate to a historic low of 0.5 percent in May added to the noticeable drop in yields on savings and checking accounts.
Commission fees from products and loans are key revenue sources for Korean banks, prompting experts to call for diversifying their options.
Woori Bank missold problematic funds to customers, which dampened investor sentiments, and slowed cash inflows into private equity funds.
According to the Korea Financial Investment Association, private equity funds under management declined by 500 billion won on-month as of May came to 20.7 trillion won, which was the lowest since July 2018.
