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South Korean authorities on Friday denied plans to announce new stimulus measures for the KOSDAQ, prompting the KOSDAQ index to retreat after a two-session rally that had lifted it by more than 10% on speculation of support.

2026-11-12

South Korean authorities on Friday denied plans to announce new stimulus measures for the KOSDAQ, prompting the KOSDAQ index to retreat after a two-session rally that had lifted it by more than 10% on speculation of support.

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2026-11-12

India's oil imports from the Persian Gulf via the Strait of Hormuz have, for the first time since the U.S.-Iran conflict, exceeded imports from Russia as tanker round resume trips and Hormuz flows rebuild. Commodity data firm Kpler says month-to-date

India's oil imports from the Persian Gulf via the Strait of Hormuz have, for the first time since the U.S.-Iran conflict, exceeded imports from Russia as tanker round resume trips and Hormuz flows rebuild. Commodity data firm Kpler says month-to-date deliveries to India via Hormuz have risen to about 2.1 mln b/d, above roughly 1.8 mln b/d of Russian oil imports. Flows to India through Hormuz plunged from a February average of 2.8 mln b/d to about 247,000 b/d in April. Combined exports from major Gulf producers—Saudi Arabia, the UAE, Iraq and Kuwait—reached about 15.53 mln b/d in October, roughly in line with levels at the start of the year.
2026-11-12

The State Council appointed Rong Hailou as deputy head of the State Taxation Administration. It also appointed Zhao Shitang director of the State Bureau for Letters and Calls and Chen Fuli director of the National Intellectual Property Administration

The State Council appointed Rong Hailou as deputy head of the State Taxation Administration. It also appointed Zhao Shitang director of the State Bureau for Letters and Calls and Chen Fuli director of the National Intellectual Property Administration. Wang Daoshu was removed as deputy head of the State Taxation Administration and Li Wenzhang was removed as director of the State Bureau for Letters and Calls.
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