Business

South Korea's exports fell by nearly 8 per cent in the first 20 days of October from the same period a year ago as the long Chuseok holiday cut working days, according to the Pulse, the english service of Maeil Business Newspaper Korea.

According to the report, the seven key structural forces that will influence the banking terrain which includes, change in deposit profile, democratization of credit, structural changes accompanied by consolidation, productivity challenges, AI and GenAI transition along with evolving business models to tackle newer risks such as cyber threats, swift resolution of leadership voids, and a subtle but notable shift driven by climate risks, which often remain underappreciated.

"Slower economic growth and effects of higher tariffs continue to pressure global structured finance (SF) asset performance, particularly asset classes backed by weaker borrowers" noted the report

The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions.

The recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organised apparel retail sector this fiscal, keeping it steady at 13-14 per cent for the second straight year, according to a Crisil Ratings report.

India's automobile market is witnessing a fundamental shift in buyer preferences, with SUVs firmly overtaking hatchbacks as the country's preferred passenger vehicles.