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South horea crisis deepens as Yoon faces probe over imposition of martial law

Mint Mumbai

|

December 09, 2024

South Korea's political crisis intensified after President Yoon Suk Yeol survived an impeachment vote on Saturday, with the prosecutors' office reported to have opened an investigation into his role in last week's brief imposition of martial law and arrested the former defence minister in connection with the declaration.

- Bloomberg

South horea crisis deepens as Yoon faces probe over imposition of martial law

Park Se-hyun, chief of the Seoul High Prosecutors' Office, opened the probe into Yoon after receiving several complaints, according to Yonhap News. The report followed the arrest hours earlier of ex-defence minister Kim Yonghyun.

Yoon's office could not immediately comment on the report, while the prosecutors' office was not available for comment.

The investigation marks a dramatic turn of events for Yoon, a former prosecutor who made his name pursuing an influence-peddling case that involved former president Park Geun-hye—who was ultimately impeached and jailed.

The effects of the martial law declaration were still being felt on Sunday, with interior minister Lee Sang-min quitting because of the turmoil.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

Investors expect AI use to soar. That’s not happening

On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.

time to read

4 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

360 One, Steadview, others to invest in Wakefit ahead of IPO

A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.

time to read

3 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

India, UAE review trade agreement to ease market access

Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.

time to read

1 mins

November 28, 2025

Mint Mumbai

It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

3 mins

November 28, 2025

Mint Mumbai

Would you like to be interviewed by an AI bot instead?

I don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.

time to read

3 mins

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Mint Mumbai

Mint Mumbai

Sebi now trains sights on commodity derivatives

Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

The curious case of LIC's voting on RIL, Adani resolutions

Life Insurance Corp. of India Ltd, or LIC, consistently approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected several similar proposals at other large companies, some even part of other conglomerates, a Mint review of about 9,000 voting decisions by the government-run insurer showed.

time to read

8 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Refiners, SCI tap Korean giants for local shipyard

Indian Oil, Bharat Petroleum and Hindustan Petroleum are part of the discussions

time to read

4 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Paint firms strengthen moats as competition heats up

A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Telcos slam Trai penalty plan for financial report flaws

Trai has proposed turnover-linked penalties for filing incorrect, incomplete financial reports

time to read

2 mins

November 28, 2025

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