South Korean heavyweight stocks fell in a volatile trading session amid President Yoon Suk Yeol’s reversal of a martial law decree, prompting Vice-Minister Kim Byung-hwan to announce a readiness to deploy 10 trillion won for market stability. Samsung Electronics, LG Energy Solution, and Hyundai Motor saw shares drop, while Naver Corp, Samsung SDI, and SK Hynix also experienced losses. The Bank of Korea and financial regulator took measures to stabilize markets following the political upheaval, which led to significant fluctuations in South Korean stocks in the U.S. overnight.
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India Moving Towards Theatre Commands, Says Modi As He Commissions 3 Naval Combatants
Indian Navy commissioned three frontline naval combatants- INS Nilgiri, INS Surat, and INS Vaghsheer- in a move to strengthen its presence in the Indian Ocean Region; Prime Minister Narendra Modi emphasized the importance of defense reforms and the implementation of military theatre commands. The cutting-edge combatants include the INS Surat, INS Nilgiri, and INS Vaghsheer, equipped with advanced weaponry and capabilities to enhance maritime security and combat missions, reinforcing India's role as a reliable global...
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