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Explainer-What do we know about investigations faced by South Korean President Yoon?

By Hyonhee Shin SEOUL (Reuters) -South Korean President Yoon Suk Yeol, several cabinet ministers, military commanders and police officials face criminal investigations over the president’s botched attempt on Dec. 3 to impose martial law. Prosecutors, the police and the Corruption Investigation Office for High-ranking Officials have all launched probes into Yoon and the officials, seeking …

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Rescuers comb debris for survivors, count dead in cyclone-hit Mayotte

By Dominique Vidalon and Abdou Moustoifa PARIS/MORONI (Reuters) -Emergency workers searched for survivors on Monday and battled to restore services in Mayotte, France’s poorest overseas territory, where hundreds, or even thousands, are feared dead from the worst cyclone to hit the Indian Ocean islands in nearly a century. Cyclone Chido devastated large parts of the …

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India’s Ventive Hospitality sets price band of 610-643 rupees per share in IPO

(Reuters) – Indian hotel operator Ventive Hospitality has set a price band of 610 rupees to 643 rupees per share ($7.19-$7.57) for its initial public offering, a newspaper advertisement showed on Tuesday. Ventive, backed by U.S. private equity firm Blackstone Group and real estate developer Panchshil Realty, operates 11 hotels and resorts including JW Marriott …

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China capital markets outflow hits record high in Nov after Trump election win

SHANGHAI (Reuters) -China’s capital markets outflow reached a record high of $45.7 billion in November, according to official data tracking cross-border payments, as Donald Trump’s U.S. presidential election win roiled global portfolio flows. Cross-border receipts from portfolio investments were $188.9 billion, while payments totalled $234.6 billion, resulting in the biggest monthly deficit on record, according …

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US hits North Korea and Russia with new sanctions, Treasury says

By Timothy Gardner and Doina Chiacu WASHINGTON (Reuters) -The United States hit North Korea and Russia on Monday with new sanctions targeting Pyongyang’s financial and military support to Moscow as well as its ballistic missile program. The sanctions, which list North Korean banks, generals and other officials, as well as Russian oil shipping companies, are …

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Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

By David Ljunggren and Ismail Shakil OTTAWA (Reuters) – Canadian Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible U.S. tariffs, dealing an unexpected blow to an already unpopular government. Freeland said she was quitting in the wake of a meeting last Friday …

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Drug cartel boss Osiel Cardenas, known for extreme violence, deported to Mexico

By Lizbeth Diaz MEXICO CITY (Reuters) -The U.S. government deported drug lord Osiel Cardenas on Monday, transferring custody of the ex-Gulf Cartel chief known for hyper-violent tactics to Mexican authorities at the border city of Tijuana, two federal government officials told Reuters. One of the sources noted that the one-time cartel boss had been taken …

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