A new insurance law provision raises concerns for directors. It may force many to step down from insurance boards. This impacts bank-promoted ventures where directors also serve lenders. The current wording could lead to confusion and board instability. Insurers seek clarification to avoid disruption. This change aims for better governance but might create unintended consequences for existing structures.
South Korea overtakes India as world’s sixth-largest stock market
South Korea’s stock market has now surpassed India’s, becoming the world’s sixth largest. This significant shift is largely due to the booming performance of its
June 2, 2026