A poster showing BTS members is displayed at a tourist information center in Seoul on June 15. [AP/YONHAP] HYBE was not required to make a formal disclosure about a possible BTS "hiatus," according to the stock exchange, despite concerns that the company failed to properly communicate a material event to the public and shareholders. "Not disclosing information on a BTS hiatus is not a violation of Korea Exchange rules," said Lee June-hyung, a spokesperson for Korea Exchange. "The band's remarks were vague. The company would have to file a disclosure if it was clear from when to when the group will halt activities." Lee added that listed entertainment agencies cannot file reports on every activity of their singers or actors. In a video released June 14, BTS member Suga suggested that the band would be taking a temporary break from group activities. HYBE's stock plummeted 28 percent the following day to near its initial public offering price. The stock hasn't recovered since, … [Read more...] about HYBE not required to disclose BTS ‘hiatus,’ Korea Exchange says
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The story so far: The World Gold Council accorded India as the fourth largest recycler of gold, having recycled 75 tonnes of the valuable yellow metal in the previous year. As per the report titled ‘Gold refining and recycling’, India’s gold refining landscape has changed ‘notably’ in the past decade with formal operations increasing from less than 5 in 2013 to 33 in 2021. The import duty differential that gold doré has enjoyed over refined bullion has particularly accelerated the growth of organised refining in India. Helped by these tax incentives, about half of India’s new refining capacity opened up in Excise Free Zones (EFZs) in Uttarakhand since 2014. China topped the list having recycled about 168 million tonnes of gold in 2021. Italy stood second having recycled 80 million tonnes of gold in 2021, followed by the United States (78 million tonnes). For perspective, gold dorés are metal bars with high gold content. They are composed of a mixture of precious metals but … [Read more...] about Explained | What is gold recycling?
The G-7 leaders have pledged to continue supporting Ukraine “for as long as it takes.” In a joint statement Monday after a video link session with Ukrainian President Volodymyr Zelensky, the leaders underlined their “unwavering commitment to support the government and people of Ukraine in their courageous defence of their country’s sovereignty and territorial integrity.” President Joe Biden is set to announce that the U.S. is providing an advanced surface-to-air missile system to Ukraine, as well as additional artillery support Russian forces were fighting on June 27 to achieve one of their strategic objectives in Ukraine as Moscow-backed separatists said they were pushing into Lysychansk, the last major city still held by Ukrainian troops in eastern Luhansk province. Lysychansk's twin city of Sievierodonetsk fell on Saturda y in a victory for Moscow's campaign to seize the eastern provinces of Luhansk and Donetsk on behalf of pro-Russian separatists. Russia invaded Ukraine on … [Read more...] about Russia-Ukraine crisis live updates | G-7 demands Russia ‘immediately’ return Ukrainians taken by force