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GIC’s current deputy chief operating officer Sam Kim will be appointed as COO as part of a wider senior leadership changes, it said in a statement on Wednesday.
Samsung Electronics Co. Executive Chairman Lee Jae-yong scored an important victory on Monday after a Seoul court acquitted him of stock manipulation charges, allowing the billionaire to keep leading a conglomerate under threat from rivals old and new.
Minister-in-charge of Trade Relations Grace Fu told in parliament that “there is nothing to suggest as of now” that either the F1 contracts or other contracts were structured in a way they would disadvantage the government.
The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
South Korean exports maintained growth momentum in January in a positive start to 2024, as demand for semiconductors continued to improve.
Gross domestic product expanded 5.6 per cent, surpassing the median 5.5 per cent growth seen in a survey of economists. The economy grew at a similar pace from a year ago in the final quarter of the year, while on a quarter-on-quarter basis, it clocked 2.1 per cent.
An Indian state ruled by Prime Minister Narendra Modi’s party is set to introduce contentious new common personal laws that will apply across religions next week, a template other state officials say they will look to follow.
Earlier this month, Moti Mahal, one of New Delhi’s oldest and best-known restaurant chains, dragged another relatively new outlet called Daryaganj to court. Managers in both restaurants claim that their ancestors pioneered the recipe.