Asian shares experienced a slight increase following President Trump’s indication of potential further negotiations despite imposing new tariff rates on nations like Japan and South Korea. The MSCI regional stock benchmark saw a modest rise, with Japanese and South Korean shares climbing.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.