South Korea parliament passes amended bill to target low equity valuations

SEOUL (Reuters) -South Korea’s parliament on Monday approved a bill that intends to increase the accountability of corporate boards to shareholders, as the ruling party-controlled parliament pushes reforms to boost the country’s equity valuations. The revised Commercial Act bill, a follow-up to earlier revisions passed on July 3, will force large companies to implement more …

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Rupee to contend with additional US tariff countdown, bonds to track fiscal developments

By Dharamraj Dhutia and Nimesh Vora MUMBAI (Reuters) -The Indian rupee’s trajectory this week will be dominated by developments on U.S. trade policy, with steep tariffs on Indian goods slated to take effect from Wednesday, while government bonds will track any developments on the fiscal front. Relations between Washington and New Delhi have deteriorated, with …

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Container truck collision with tractor kills 8, injures 43 in India, police say

(Reuters) -At least eight people, including two women and a child, were killed, and around 43 others injured when a container truck collided with a tractor carrying devotees in India’s northern state of Uttar Pradesh early on Monday, police said. “Three people are in serious condition on ventilator,” Bulandshahr district police chief Dinesh Kumar Singh …

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Boxeador Chávez Jr. es liberado mientras espera juicio en México, según medios

CIUDAD DE MÉXICO, 24 ago (Reuters) – El boxeador mexicano Julio César Chávez Jr. fue liberado de una cárcel en el norte de México mientras espera su juicio por supuestos vínculos con el crimen organizado, dijo el domingo su abogado a medios locales. Su liberación se produce un día después de una audiencia en la …

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South Korea tells China it wants to normalise ties, upgrade economic relations

SEOUL (Reuters) – South Korea hopes to normalise relations with China that have been strained in recent years, a special envoy from Seoul told Chinese Foreign Minister Wang Yi on Sunday, and agreed to boost economic cooperation, Seoul’s foreign ministry said. South Korean President Lee Jae Myung sent a special delegation led by former parliament …

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Support for Japan PM Ishiba surges despite election defeat, poll shows

TOKYO (Reuters) -Support for Japanese Prime Minister Shigeru Ishiba surged nearly 20 percentage points, a Yomiuri newspaper public opinion poll showed on Monday, despite his ruling coalition losing its majority in July’s parliamentary election.  Support for Ishiba’s cabinet stood at 39%, surging by 17 percentage points from last month’s survey taken after the upper house …

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Mizuho, MUFG join race by Japan’s banks for money manager deals overseas

By Iain Withers and Anton Bridge LONDON/TOKYO (Reuters) -Japanese banks Mizuho and MUFG are targeting buying or partnering with overseas money managers, they told Reuters, joining other Japanese financial companies aiming for a larger share of the global investing market. Mizuho is prioritising a tie-up with a private asset specialist in Europe or the United …

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Russian parliamentary speaker to discuss countering sanctions in Beijing

(Reuters) -Russian State Duma Chairman Vyacheslav Volodin said in remarks published on Monday that he will discuss countering sanctions pressure and external interference when he meets with his Chinese counterparts in Beijing this week. Volodin arrived in China on Monday heading a Russian parliamentary delegation for an official visit. “On the agenda: countering sanctions pressure …

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