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Conflicts in Middle East drive rise in loan defaults

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Conflicts in Middle East drive rise in loan defaults
Bangkok Post
Bangkok Post1 hrs ago
Conflicts in Middle East drive rise in loan defaults
The migration of special mention (SM) loans to non-performing loans (NPLs) rose in the second quarter of this year, driven by persistent conflicts in the Middle East.
Container shipping costs to Middle East continue rising in July amid conflict
Container shipping costs from South Korea to the Middle East continued rising in July, the customs agency said Tuesday, amid protracted geopolitical tensions in the region. The average shipping charge for a 40-foot container from South Korea to the Middle East rose 14.5 percent from a month earlier to 8.78 million won
Semafor
Semafor🏁 first to report1 days ago
Global conflicts and climate change drive up shipping costs
The wars in the Gulf and Ukraine have essentially shut off some of the world’s key passageways for global commodities.