Shock Financial News

South Korea could rupture its U.S. alliance and shock financial markets if it started building nuclear weapons, Defence Minister Shin Won-sik told Reuters, dismissing renewed domestic calls for the country's own arsenal to deter North Korea. As the neighbouring North rapidly expands nuclear and missile capabilities, more South Korean officials and members of President Yoon Suk Yeol's conservative ruling party have called in recent months for developing nuclear weapons. The prospect of another term for former U.S. President Donald Trump, who complained about the cost of the U.S. military presence in South Korea and launched unprecedented talks with the North, has further fuelled the debate.

France is in shock. BNP Paribas is acquiring Axa Investment Managers to create a new pan-European asset management firm with €1,500bn in assets under management and «powerful platforms of public and private assets.» The deal, which bankers from JPMorgan and Zaoui are advising Axa on according to Les Echos, won't close until 2025, thereby Axa's 2,400 people ample months to contemplate their fates. 

The ex-partner of former Argentine President Alberto Fernández has accused him of physically and emotionally abusing her

The concept of a surcharge is simple – it’s an extra tax on your total tax liability if your income exceeds ₹50 lakh. Under the new tax regime, the surcharge is 10% for taxable income above ₹50 lakh up to ₹1 crore, 15% for taxable income above ₹1 crore up to ₹2 crore, and 25% on income above ₹2 crore. In practice, though, it’s anything but simple.

Vinod Kambli was reportedly seen in a disoriented state, requiring assistance from passersby to maintain his balance. A video circulating on social media shows Kambli struggling to walk, with bystanders helping him reach his destination. However, ET could not verify the video's authenticity, time and place of the video.

Warner Brothers, the company that produces «Game of Thrones,» had a trademark on the name «Khaleesi.» The mother, Lucy, expressed her shock to the BBC, explaining how this news ruined their plans for a dreamy vacation to Disneyland Paris. As per the reports of the New York Post, Lucy was shocked to hear that the application was denied by the Passport Office due to a trademark dispute. Considering that her daughter's birth certificate was granted without the incident, she was confused as to why this had not been reported earlier. She had never heard of a name being trademarked. She was disappointed and frustrated by this scenario.

₹3.7 trillion with an available for sale (AFS) portfolio of ₹2.8 trillion, which can be sold to fund the growth in advances if needed. Therefore, the bank does not feel the need to raise deposits through aggressive pricing. Even though the net interest margin (NIM) in percentage terms came down by 12 basis points year-on-year to 3.35%, the lower growth in deposits vis-a-vis advances meant that absolute net interest income rose by 5.7% to ₹41,135 crore.

United Nations' human rights chief Volker Turk said Sunday the «shocking violence» in Bangladesh must end, as he urged the government to stop targeting peaceful protesters. Hundreds of thousands of Bangladeshi protesters demanding the resignation of Prime Minister Sheikh Hasina clashed with government supporters Sunday, with scores killed in one of the deadliest days since demonstrations began. «The shocking violence in Bangladesh must stop,» Turk said in a statement.

Microsoft had to safeguard itself and their founder's repute by taking one rather unusual steps, starting with keeping young interns away from Bill Gates due to his 'flirty' nature, that could have landed him and the employees at the workplace in a bit of a problem.

Manchester United and Liverpool — will be playing each other but this time in the US. The soccer match will be played in South Carolina on Saturday. Manchester United versus Liverpool soccer match's kick off is scheduled at 7.30 pm (ET) at Williams-Brice Stadium in Columbia of South Carolina on August 3. Viewers in the US can watch the football match between Liverpool and Manchester United on ESPN and ESPN+. Liverpool are likely to win the game against Manchester United.

track and field events scheduled for August 3, at the Paris Olympics kick off within a matter of hours now and fans cannot hold their excitement as the past day of action in track and field has been nothing short of exciting, seeing phenomenal runs, selections, shocks and heartbreaks.

Lady in the Lake" is set to release on Friday, August 2, 2024. Here's a detailed look at the upcoming episodes and how to watch the series.

USA men's basketball game at the Paris Olympics against Puerto Rico is starting off in a few hours, with some legendary NBA stars set to take centerstage in this clash. This is Team USA's next game in Group C play at the Paris Olympics and they will launching a full-fledged onslaught against Puerto Rico right from the tipoff.

Evil Season 4 continues its thrilling run. Episode 12 is set to release on Thursday, August 8, 2024, on Paramount+. Fans are eager to see the story unfold further.

MUMBAI: India's real estate market just got a bit more transparent for tax authorities, but this increased scrutiny can change the dynamics of property transactions. A new tax rule, effective from October, will close a loophole that has allowed property sellers to skirt their tax obligations.

Armaan Malik recently clarified that he is Hindu, not Muslim, during a press conference episode of the reality web show Bigg Boss OTT 3. When asked to describe his relationship with his two wives, Armaan quickly addressed the reporter's question, explaining that despite assumptions based on his name, he is not Muslim. Armaan Malik, along with his wives Payal Malik and Kritika Malik, has been a hot topic since entering the Bigg Boss OTT 3 house, facing heavy criticism for promoting polygamy. Armaan was evicted two days before the grand finale. The remaining top five contestants are Ranvir Shorey, Sana Makbul, Sai Ketan Rao, Naezy, and Kritika Malik. The Grand Finale is scheduled for today, August 2. Payal Malik, Armaan’s first wife, was the first among them to be evicted. She made multiple appearances after her elimination, revealing shocking details that sparked numerous conflicts in the Bigg Boss house. Armaan married Payal in 2011, and they have a son, Chirayu Malik. Seven years later, in 2018, Armaan married Payal’s best friend, Kritika. In 2022, Armaan announced that both Kritika and Payal were pregnant. He is now a father of four children: Chirayu, Tuba, Ayan, and Zaid.

The selloff in stocks intensified and bond yields plunged after a weak jobs report fueled worries the Federal Reserve has been too slow to cut interest rates, risking a more pronounced economic slowdown.

For real estate owners, especially those with long-held properties, the provisions of the Union Budget 2024 came as a rude shock, leaving them scrambling to decipher the new tax landscape.

One Piece Chapter 1122 will be released on Sunday, August 4, 2024. Fans can read the latest chapters for free on Manga Plus.

Indo-Pacific Economic Framework (IPEF) bloc, the commerce and industry ministry said Wednesday. The council was set up under the IPEF Supply Chain Resilience Agreement, which aims to help mitigate risks of economic disruptions from supply chain shocks, improve crisis coordination, and reduce the member countries' dependence on China.

Ana Carolina Vieira, who has been sent home from the Paris Olympics 2024 after they left the athletes' village without clearing it with the team, has talked about her plight.