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Macro Finance

Deutsche Bank, KBC Freeze Some Radiant World Funds in Singapore

Bloomberg Markets·August 6, 2026·1 min read

Radiant World faces growing pressure after Deutsche Bank and KBC froze some of its funds in Singapore. Major miners also moved to cut ties with the iron ore trading house. The developments signal increasing financial strain on the company, though further details on the scope of the freezes or miner actions were not provided.

Read at Bloomberg Markets
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