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A US official said on Tuesday local time that parties discussing a coordination plan for navigation through the Strait of Hormuz are not proposing transit fees or other charges for passing vessels. The official said Iran’s negotiating demands were to

2026-07-29

A US official said on Tuesday local time that parties discussing a coordination plan for navigation through the Strait of Hormuz are not proposing transit fees or other charges for passing vessels. The official said Iran’s negotiating demands were too stringent and are being rejected by Oman, the United States and the international community.

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2026-07-28

U.S. President Trump will meet Israeli Prime Minister Netanyahu at 11:00 a.m. US Eastern Time (23:00 Beijing time).

U.S. President Trump will meet Israeli Prime Minister Netanyahu at 11:00 a.m. US Eastern Time (23:00 Beijing time).
2026-07-28

Bank of Korea data released Tuesday showed banks' new-loan average rate rose 12 bps month-on-month to 4.31% in June as market rates climbed. Corporate lending costs increased 14 bps to 4.27%; new household loan rates rose 4 bps to 4.50%. Household ho

Bank of Korea data released Tuesday showed banks' new-loan average rate rose 12 bps month-on-month to 4.31% in June as market rates climbed. Corporate lending costs increased 14 bps to 4.27%; new household loan rates rose 4 bps to 4.50%. Household housing mortgage rates averaged 4.36% in June, up 4 bps and the highest since November 2023. Non-mortgage household loan rates jumped 23 bps to 5.72%. The Bank of Korea said retail lending rates have been rising in recent months amid higher market rates; the central bank delivered its first rate increase in 3.5 years earlier this month.
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