Bangladeshi government accuses Adani, already under investigation for bribery, of tax breaches
Bangladesh’s de facto power minister Muhammad Fouzul Kabir Khan said the country now had enough domestic capacity to cope without the Adani supply, although not all domestic power generators were operational.
Carmakers Honda, Nissan plan to create $54 billion that woul make it world’s third-largest auto group
Honda and Nissan discussions are focused on finding ways to bolster collaboration and include the possibility of setting up a holding company, said the people, who declined to be identified because the information has not been made public.
Adani extradition: US case against Adani Group top brass is strong but it’s doubtful India will let its credibility to be soiled
The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon. Federal prosecutors in Brooklyn last month unsealed an indictment accusing Adani...
South Korea’s Acting President Han holds talks with US President Biden, calms financial markets
South Korean shares rose for a fourth straight session on Friday on hopes that the political uncertainty would ease after the impeachment vote in parliament, which followed a failed vote a week earlier.
South Korea parliament impeaches President Yoon over martial law bid, constitutional court to decide his fate
President Yoon shocked the nation late on December 3 when he gave the military sweeping emergency powers in order to root out what he called “anti-state forces” and overcome obstructionist political opponents.
In what can pass as ‘home detention’ South Korean President Yoon is banned from travelling abroad
Prosecutors on Sunday arrested ex-defence minister Kim Yong-hyun over his alleged role in the declaration of martial law on December 3, Yonhap reported. Yoon gave the military sweeping emergency powers on December 3 to root out what he called “anti-state forces” and obstructionist political opponents. He rescinded the order six hours later, after parliament voted against the decree.
South Korean president survives ouster but his ex-defence minister arrested over martial law
Opposition lawmakers allege President Yoon mobilised military forces to block a vote by lawmakers seeking to nullify what they said was an unconstitutional martial law decree. The national police raided Kim’s office on Sunday as part of an investigation into claims of treason against Yoon and top ministers, Yonhap said.
Gautam Adan bribery scandal paralyses Indian parliament sittings for second day
India’s opposition, especially the Congress party, accuse Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) of shielding Adani and blocking investigations against him in India, accusations that have been denied.
Pakistan’s ex-PM Imran Khan supporters battle police in capital Islamabad, six killed the in violence
Imran Khan’s wife Bushra Bibi, who is leading the protest, told people to keep marching toward the Red Zone peacefully. She said another plan of action would be conveyed to protesters if Khan was not released. She also urged the government not to harm the demonstrators.
India’s Adani Group haemorrhages after US bribery indictment as companies trash agreements
Last November, the agency said it would provide financing for the port terminal project in the key city of Colombo.
