International News
Yoon to call for strong response to N.K. provocations at meeting with Biden, Kishida
South Korean President Yoon Suk-yeol is expected to call for a strong response to North Korea’s provocations and efforts to bring the regime back to dialogue in a trilateral meeting with US President Joe Biden and Japanese Prime Minister Fumio Kishida later Wednesday, a presidential official said.
Yoon, Biden and Kishida are scheduled to meet on the sidelines of the North Atlantic Treaty Organization (NATO) summit in Madrid, which will mark the first trilateral meeting in nearly five years after the last one was held on the margins of the UN General Assembly in New York in September 2017, Yonhap news agency reported.
“President Yoon plans to say that North Korea’s provocations should be handled strongly in accordance with principles and propose close cooperation between South Korea, the US and Japan so that North Korea will return to the dialogue table,” the official told reporters.
The three leaders are expected to agree that continued advances in North Korea’s nuclear and missile programs pose a serious threat not only to the Korean Peninsula but also to the region and the world.
They will discuss the US extended deterrence commitment to its allies and ways to upgrade the three countries’ security cooperation.
“President Yoon will stress that the North Korean nuclear issue is a common task requiring an urgent response from South Korea, the US and Japan,” the official said.
The three leaders are also expected to share the understanding that cooperation among their countries is critical as nations that share the basic values of a liberal democracy, human rights and the rule of law.
South Korea and Japan have seen their relations deteriorate in recent years due to protracted rows over historical issues stemming from Japan’s 1910-45 colonial rule of the Korean Peninsula.
Washington has sought to encourage trilateral cooperation amid North Korea’s nuclear threats and growing security and economic challenges from China.
International News
Opening bell: Markets open in green amid positive global cues; Sensex at 62,889.90, Nifty at 18,609.90
The markets on Monday opened higher with Sensex at 62,889.90, up by 388.21 points and Nifty was at 18,609.90 with a gain of 110.55 points. Mahindra and Mahindra, TCS, HDFC, IndusInd Bank and Wipro were the top gainers in the morning session.
The stocks of Adani Transmission, Rail Vikas Nigam, IRCTC, Torrent Power and NHPC will be in focus as the companies are announcing the results for the last quarter today.
Markets on Friday
Thanks to increased buying by Foreign Institutional Investors, Sensex surged 623 points to end the week at 62,496. Nifty also went up by 0.94 per cent to hit 18,495 points at close, buoyed by a rebound for global markets and gains made by US stocks.
Global markets
Wall Street shares on Friday after being on the lower end rose sharply as the US debt ceiling progressed and chip stocks gained for a second straight day due to optimism surrounding AI. The Nasdaq Composite rose by 2.19 per cent to 12,975.69, S&P 500 closed higher at 4,205.45 and the Dow Jones Industrial Average rose to 33,093.34.
With the US debt negotiations reaching closer to a deal the Asian markets on Monday were in green. Singapore’s SGX Nifty saw a gain of 159 points at 18,707, South Korea’s KOSPI was comparatively flat with a gain of 4.12 points at 2,558.81 and Japan’s Nikkei 225 was in the green with a gain of 159 points at 31,330.63. However, Hong Kong’s Hang Seng was at 18,723.72 with a drop of 23.20 points.
Oil prices
Oil prices on Monday were were higher after as United States leaders reached a tentative decision to avoid debt default. Brent crude futures went up by 39 cents to $77.34 per barrel and US West Texas Intermediate crude was at $73.12 per barrel with a gain of 45 cents.
Rupee
Indian rupee on Monday opened flat at 82.58 per dollar against Friday’s close of 82.57.
At least 16 people have been confirmed wounded after a blast rocked Pul-e-Khumri city, the capital of Afghanistan’s northern Baghlan province, local media reported.
Quoting an anonymous source, private media outlet the Salam Watandar reported that at least 16 people had been taken to a hospital for medical treatment on Friday, news agency reported.
Eyewitnesses who declined to give their names told the news agency that security forces had cordoned off the area and ambulances were seen running around the city to transport the wounded.
The Taliban administration has yet to make a comment. No group or individual has claimed responsibility.
Saudi Arabia and Canada have agreed to restore diplomatic relations and appoint ambassadors, the Saudi foreign ministry announced.
The Ministry said on Wednesday in a statement that the decision was made based on the two sides’ wishes to restore ties on the basis of mutual respect and common interests, news agency reported.
“Canada has appointed a new ambassador to the Kingdom of Saudi Arabia, Jean-Philippe Linteau,” the Canadian Foreign Ministry said in a statement while announcing the decision.
The move follows discussions between Saudi Arabian Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and Canadian Prime Minister Justin Trudeau during the APEC summit in the Thai capital of Bangkok in November 2022, the Ministry added.
Saudi Arabia recalled its ambassador from Canada in 2018 after a dispute over Canada’s demand for Saudi Arabia to release detained activists.
World’s slowest student completes his ‘Graduation’ after 54 years
Rakhi Sawant says she looks better than Sara Ali Khan, actress responds in Zara Hatke Zara Bachke style
Who is Sahil? Monster mechanic who stabbed, stoned minor girl Sakshi to death in Delhi
NASA releases astonishing image of ‘Heart-Shaped’ glacier on Pluto’s surface
Sonu Sood to help set up a school for underprivileged children in Bihar
Maharashtra: Political heavyweight Sharad Pawar steps down as NCP chief
Bombay high court: Mumbai restaurant with eating house permit can’t serve herbal hookah on the menu.
Indian-origin Apple employee stole Rs 138 crore from company by taking bribes and inflating invoices
Karnataka Election Results: ‘Congress will form govt with heavy majority, divisive campaign of PM didn’t work’, says Pawan Khera
Jawaharlal Nehru Death Anniversary: PM Modi, Rahul Gandhi, Kharge & others pay tribute to the former prime minister of India
-
Entertainment2 years agoTargeted in Sandalwood drugs case for being a woman: Actress Ragini Dwivedi
-
Crime10 months agoClass 10 student jumps to death in Jaipur
-
Crime1 year ago‘You must stop this’, SC expresses concern on hate speeches made at Dharam Sansads
-
Maharashtra2 years agoCorona third wave knocked in Maharashtra!
-
Bollywood12 months agoAnushka Sharma starts shooting for her ‘Chakda Xpress’
-
Entertainment5 months agoRakhi Sawant changes name to Fatima after her wedding with Adil Khan Durrani – Check viral Nikah pics
-
Uncategorized10 months agoSufi conference in J&K’s Bandipora hosts a sizeable gathering
-
Business11 months agoIT department finds pharma group gave freebies worth Rs 1000 cr to health professionals