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Milky Mist IPO Day 2 Live Updates: ₹1,553-cr IPO enters Day 2 with 79% subscription, Shiprocket IPO opens today, Dhoot IPO closes

Milky Mist IPO Day 2 live updates, Shiprocket IPO Day 1 Live Updates:

We haven't written up this one. Hindu BusinessLine has the full story — the link below goes straight to it.

Read the original at thehindubusinessline.com →

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Asiana Shareholders Approve Korean Air Merger

The agenda for Asiana Airlines to be absorbed and merged into Korean Air was passed with overwhelming approval at the general meeting of shareholders.

  • Asiana Airlines shareholders approve merger with Korean Air on August 12.
  • 99.3% of shareholders approve merger agreement, signed May 14.
  • Integrated Korean Air set to launch December 17, 2023.

KOSPI Lags Taiwan Amid Foreign Outflows

Global fund flows returning to Asian equities after the pullback in artificial intelligence-related shares are diverging sharply between South Korea and Taiwan.

  • Foreign investors favor Taiwanese stocks over South Korean equities.
  • KOSPI gains 52% this year, trailing Kospi's 54% growth.
  • Taiwan's AI industry and diversified tech sector boost investor confidence.

More from Wednesday 12 August →