Southern Financial News

South Korea, the United States and Japan kicked off major new military exercises on Thursday, Seoul's Joint Chiefs of Staff said, as the allies seek to counter growing threats from Pyongyang. The drills, dubbed «Freedom Edge», will focus on ballistic missile and air defences, anti-submarine warfare and defensive cyber training, among other areas, the JCS said in a statement. The three countries' leaders held a summit last year and agreed to conduct drills every year to demonstrate unity in the face of North Korea's nuclear threats and China's rising regional influence.

shares of Inox Green, Titagarh Rail, India Cements, Dr Reddy's, Bharti Airtel among others will be in focus due to various news related developments. Inox Green Energy Ace investor Ashisk Kacholia has invested Rs 40 crore in Inox Green Energy Services as part of the latter's Rs 1,050 crore fund raise plan.

An Iranian-backed umbrella group known as the Islamic Resistance in Iraq has claimed an attack targeting the southern Israeli port city of Eilat

Authorities say a suspected attack by Yemen’s Houthi rebels has targeted a ship in the Gulf of Aden

Justin Timberlake and Jessica Biel heading toward a divorce? This question looms large as the actor has been spotted without her wedding ring in New York City after the singer's arrest for drunk driving last week. Timberlake was arrested when he was driving under the influence of alcohol, he ran a stop sign and was caught «swerving». While Biel is busy shooting for 'The Better Sister', she was seen on set sporting no ring as she beamed for pictures.

Yemen's Houthi rebels early Wednesday targeted a ship in the Gulf of Aden and the southern Israeli port city of Eilat, authorities said. The attacks follow the departure of the USS Dwight D. Eisenhower after an eight-month deployment in which the aircraft carrier led the American response to the Houthi assaults. Those attacks have reduced shipping drastically through the route crucial to Asian, Middle East and European markets in a campaign the Houthis say will continue as long as the Israel-Hamas war in the Gaza Strip rages. The ship attack happened off the coast of Aden, the British military's United Kingdom Maritime Trade Operations center said.

Jeong Sang-ho, CEO of Delio, faced intense scrutiny in the second criminal trial held at the Seoul Southern District Court on June 25, where he said investors’ deposits were not “principal protected.”

Air-conditioner manufacturers such as Voltas, Daikin and Godrej Appliances are focusing on developing and selling models that can operate at high outside temperatures, some even up to 55-56C, after this year's intense heatwave and instances of poor cooling from ACs especially in North where temperatures crossed 45C in many places. The companies are going to increase the proportion of models in their line-up which can operate above 42-44C. In the North, they plan to offer ACs that can work at 50C and above. The move comes after the average temperatures this summer have been 4-6 above normal in most places, with the eastern and southern regions too recording over 40C in many places. «The industry is looking at developing some models which can live up to the extreme summer temperatures which were recorded this year,» said Pradeep Bakshi, managing director at Voltas, the country's largest AC brand.

₹50 lakh due to a freak hailstorm. This year I am hoping to recover the losses," he said, sitting on a charpai, under the shade of giant mango trees spread across the 25-acre orchard. The oppressive June heat, closing in on 50 degrees Celsius, is a little more bearable here.

electricity cleanly to address climate change has been quietly advancing and on Tuesday it hit a milestone. A California utility is backing the largest new geothermal power development in the US — 400 megawatts of clean electricity from the Earth's heat — enough for some 4,00,000 homes. Southern California Edison will purchase the electricity from Fervo Energy, a Houston-based geothermal company, Fervo announced. The company is drilling up to 125 wells in southwest Utah.

Eastern Ohio residents will learn more Tuesday about the fiery Norfolk Southern train wreck that derailed their lives when the National Transportation Safety Board holds another hearing in their hometown about the disaster last year

Rama Phosphates Ltd.(up 2.59%), Zuari Agro Chemicals Ltd.(up 1.26%), Madhya Bharat Agro Products Ltd.(up 0.71%), Aries Agro Ltd.(up 0.41%), Nagarjuna Fertilizers and Chemicals Ltd.(up 0.39%), Sikko Industries Ltd.(up 0.28%), Southern Petrochemicals Industries Corporation Ltd.(up 0.26%), Agro Phos India Ltd.(up 0.18%) and Chambal Fertilisers & Chemicals Ltd.(up 0.02%) were among the top gainers.

A new federal rule aims to ensure first responders can find out what hazardous chemicals are on a train after a derailment, so they can respond appropriately

The private operator of Puerto Rico’s power grid has confirmed the deferral of $65 million worth of maintenance and improvement projects in the U.S. territory

Morgan Stanley is facing a class-action lawsuit alleging that it breached its fiduciary duty by offering unreasonably low interest rates on client cash sweep accounts.

Zuari Agro Chemicals Ltd.(up 4.27%), Mangalore Chemicals & Fertilizers Ltd.(up 3.09%), Chambal Fertilisers & Chemicals Ltd.(up 0.91%), Sikko Industries Ltd.(up 0.22%) and Khaitan Chemicals & Fertilizers Ltd.(up 0.21%) stood among the top gainers.

shipping goods in containers to Europe from Asia rose for a ninth straight week, the longest stretch of rising prices since the pandemic disrupted global supply chains in 2021. The rate for a 40-foot container to Genoa, Italy, from China hit $7,029 over the past week, the highest level since September 2022, according to the Drewry World Container Index released Thursday. The cost to Rotterdam increased to $6,867. Both rates have essentially doubled since April. Register for the ET MSME Day 2024 here.

South Carolina Gov. Henry McMaster is off to Germany next week to strengthen the business ties that have fueled an economic boom this century in the formerly struggling Southern state

Rio de Janeiro is famous for its beaches and vibrant parties in the Southern Hemisphere’s summer

Disney workers are suing their employer, claiming they were fraudulently induced to move from California to Florida

Gaza City being used to distribute aid, Palestinian witnesses said, as Israeli tanks pushed further into the southern city of Rafah. The strike hit part of a vocational college run by the U.N. Palestinian refugee agency UNRWA now providing aid to displaced families, the witnesses said. «Some people were coming to receive coupons and others had been displaced from their houses and they were sheltering here. Some were filling up water, others were receiving coupons, and suddenly we heard something falling. We ran away, those who were carrying water let it spill,» said Mohammed Tafesh, one of the witnesses.