South Korea’s National Assembly voted to impeach President Yoon Suk Yeol after his controversial attempt to implement martial law, marking a historic political upheaval in the nation.
Unlisted shares offer investors a chance to get in early on promising companies, but the lack of regulation makes this market a risky venture. SEBI has flagged these transactions as potential violations of securities laws, urging caution.
After 14 years of Conservative rule, the UK’s political landscape shifted as the Labour Party gained power amidst economic challenges like inflation, slow GDP growth, and healthcare inefficiencies.
China’s shift to a “moderately loose” monetary policy signals a response to domestic economic pressures and external challenges, including a potential trade war, with an emphasis on increased stimulus and growth.
Sanjay Malhotra, the new RBI Governor, brings 33 years of expertise in finance and policy, inheriting significant challenges amid India’s slowing growth and global uncertainties.
LG Electronics India has filed its DRHP with SEBI for a ₹15,000 crore IPO, India’s fifth-largest to date. Structured as an offer for sale, it will offload a 15% stake. LG, a market leader in consumer electronics, aims to leverage India’s expanding appliances market, projected to grow 12% annually.
Canada’s unemployment rate surged to 6.8% in November FY24, the highest since January FY17 outside pandemic years. With 1.5 million unemployed, economic challenges, restrictive interest rates, and sector disparities highlight the urgency for policy intervention and recovery strategies.
SEBI named Mishtann Foods along with 23 individuals, including four of the company’s directors now banned from participating in the country’s capital market until further orders. The market regulator also restricted stock exchange BSE from clearing Mishtann Foods’ rights issue until further orders.
FT Panelists respond to critical questions on the impact of climate change, cybercrime and geopolitical instability for the insurers and policyholders as risk factors alter.
OPEC+, responsible for nearly half of global oil production, had planned to ease cuts in October 2024. However, slowing global demand and increased output from non-OPEC producers prompted the group to postpone its plans, signaling caution amidst market challenges.
