Global Markets News

StanChart Reports a Robust 7% Surge in Q1 Operating Income, Reaching $5.4 Billion

Standard Chartered plc reports a 7% increase in Q1 operating income to $5.4 billion, with profits up 19% to $1.6 billion. CEO Bill Winters credits growth to Wealth Solutions, Globa...

Won-Dollar Exchange Rate Skyrockets to Decade High as US-China Trade War Escalates

The won-dollar exchange rate has surged to its highest level in over a decade, trading at 1,486.9 won, due to escalating tensions in the global trade arena, particularly between th...