S Korea Opposition Moves to Impeach Acting President
Financial Express Bengaluru|December 27, 2024
SOUTH KOREA'S MAIN opposition party introduced a Bill to impeach acting President Han Duck-soo on Thursday, a day before it plans to seek a vote on the move, which could deepen a constitutional crisis triggered by a short-lived martial law.
REUTERS

The opposition Democratic Party had threatened to impeach Han if he did not immediately appoint three justices to fill the vacancies at the Constitutional Court. Parliament backed three nominees on Thursday, but Han has yet to formally appoint them.

Bu hikaye Financial Express Bengaluru dergisinin December 27, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Financial Express Bengaluru dergisinin December 27, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS BENGALURU DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Bengaluru

OpenAI CFO: Musk shouldn't use legal challenges to compete

OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

DPDP Act will be outdated before it's passed

The Act targets entities which are complex adaptive platforms that have embedded AI in their processes. To expect them to adhere to static regulations is a mistake

time-read
4 dak  |
January 22, 2025
Financial Express Bengaluru

Tech sector's talent model seen evolving: Infosys CTO

INFOSYS EXPECTS THE way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer Rafee Tarafdar said in an interview.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

Banks run Trump 'war rooms' as bosses prepare for trade ructions

JPMORGAN CHASE & Co bankers worked through the night in a \"war room\" to assess the impact of US President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

Puri Sees Chances of Higher US Oil Imports

THE US is currently producing around 13 million barrels of oil per day and is likely to add 1.4 million-1.5 million barrels a day into production in the short run.

time-read
2 dak  |
January 22, 2025
Financial Express Bengaluru

'Rate-cut cycle unlikely to begin soon unless liquidity improves'

The sluggish deposit growth poses a risk to achieving higher economic growth, says Rajiv Anand, deputy managing director, Axis Bank. In an interview with Sachin Kumar, Anand speaks of the challenges facing the banking sector, including declining credit growth, stress in unsecured loans and tight liquidity. Excerpts:

time-read
2 dak  |
January 22, 2025
Financial Express Bengaluru

Mahindra eyes 30% EV portfolio by 2030

MAHINDRA & MAHINDRA aims to make more than a quarter of its portfolio electric by 2030 as India's number two automobile company by market value takes on local and global rivals bolstering their EV line-up in the fast growing segment.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

Jio Fin, BlackRock Infuse ₹117 Cr in MF Business

JIO FINANCIAL SERVICES (JFSL) on Tuesday said the company and its joint venture partner US-based BlackRock have infused ₹117 crore in the mutual fund company.

time-read
1 min  |
January 22, 2025
Financial Express Bengaluru

Dollar gains, stocks climb as global markets turn jittery

THE DOLLAR RALLIED on Tuesday and stocks rose as Donald Trump's return to the White House brought mixed messaging on tariffs and highlighted markets' nervousness about the trade policy.

time-read
2 dak  |
January 22, 2025
Financial Express Bengaluru

Exporters Can Import Small Diamonds Sans Duty From Apr 1

The government on Tuesday announced a scheme that will allow duty-free import of natural cut and polished diamonds of up to 25 cents or quarter of a carat by exporters to retain India's position as a global leader in the entire diamond value chain, according to a statement.

time-read
1 min  |
January 22, 2025