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B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate, injecting liquidity, and considering a rate cut could support growth. He downplays concerns about macroeconomic impacts, citing low inflation and the potential for improved export competitiveness.
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News and Media
South Korea's impeached president, Yoon Suk Yeol, faces arrest in an insurrection investigation. The Corruption Investigation Office leads the inquiry. Yoon may be held in a solitary cell during questioning. Authorities must decide his formal detention within 48 hours. He could be detained for up to 20 days before possible indictment.
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News and Media
The U.S. government has urged China to show restraint regarding Taiwan while President-elect Donald Trump's comments about taking control of Greenland and the Panama Canal have stirred discussions on Chinese social media. Trump's break with diplomatic norms has led to speculations about potential implications for Taiwan, with varied opinions on whether this could create an opening for China.
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News and Media
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