OMERS Infrastructure Agrees to Purchase 19.4% Stake in Azure Power

Transaction expands Canadian pension plan’s direct investment holdings in India, while increasing its global exposure to renewables sector SINGAPORE, July 30, 2021 (GLOBE NEWSWIRE) — OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure […]

14 U.S. lawmakers endorse bill on declaration of official end to Korean War

WASHINGTON, More than a dozen U.S. lawmakers have signed a bill seeking to formally end the Korean War and establish liaison offices between the United States and North Korea, an activist group said Friday.Rep. Dwight Evans (D-PA) signed the bill, “Pea…

U.S. seizes Singapore-owned oil tanker in violation of N. Korea sanctions regimes

WASHINGTON, A U.S. federal court on Friday decided to seize an oil tanker owned by a Singaporean national for violating U.S. and U.N. Security Council sanctions on North Korea that prohibit illicit deliveries of petroleum products to the North, the U.S…

Seoul stocks likely to fluctuate next week amid China, virus uncertainties

SEOUL, South Korean stocks are likely to face volatility next week due to the uncertainties from China’s market regulation and the resurgence of the new coronavirus, analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI) closed …

Daily virus cases over 1,500 as infections show little signs of letup

SEOUL, South Korea’s daily new coronavirus cases retreated to the 1,500s on Saturday, but the fourth wave of infections is showing little signs of letting up despite weeks of the toughest antivirus rules in the greater Seoul area.The country added 1,53…

265 members of virus-hit Cheonghae unit released from hospitals

SEOUL, A total of 265 out of 272 service members who had contracted the new coronavirus while on anti-piracy missions in waters off Africa were released from medical facilities Saturday after making full recoveries, the defense ministry said.All member…

S. Korea wraps up judo campaign with no gold medal for 2nd consecutive Olympics

TOKYO, South Korea lost to Mongolia 4-1 in the round of 16 in the mixed team judo event at the Tokyo Olympics on Saturday, leaving the country without a judo gold medal for the second consecutive Olympics.It’s a disappointing fall from grace for the sp…

S. Korea wins bronze in women’s sabre team fencing

CHIBA,South Korea claimed bronze in the women’s sabre team fencing event on Saturday for its fourth medal from the sport at the Tokyo Olympics.The team of Kim Ji-yeon, Yoon Ji-su and Seo Ji-yeon defeated Italy 45-42 in the bronze medal match at Makuhar…

Im Sung-jae shoots 63 to inch closer to medal contention in men’s golf

TOKYO, South Korean Im Sung-jae shot a blistering round of eight-under 63 in the third round of the Tokyo Olympic men’s golf tournament on Saturday, moving a step closer to medal contention with one round to play.Im poured in 10 birdies and had two bog…

S. Korea beats Japan to secure quarterfinal berth in women’s volleyball

TOKYO, South Korea beat fifth-ranked Japan in five sets in Tokyo Olympic women’s volleyball on Saturday and secured a berth in the quarterfinals.The 14th-ranked South Korea pulled off a 3-2 (25-29, 19-25, 25-22, 15-25, 16-14) victory over Japan at Aria…