World News

Japan's budget to hit record, but with reduced new bond issuance: Report

Tax revenue is projected to rise 8.8 trillion yen from this year's initial estimate to a record 78.4 trillion yen, thanks in part to a recovery in corporate profits, according to the draft

Spending fight shows limits of Trump's power to change fiscal path

Trump has pledged not to cut entitlement programs and Republicans are loath to slash military spending. That leaves scant space to scale back the biggest drivers of the debt

Mega Millions Jackpot past $1 bn as no numbers match on X'mas eve drawing

The odds of winning the Mega Millions jackpot are 1 in 302,575,350, while the odds of winning any Mega Millions prize are 1 in 24, according to lottery officials

Violence breaks out in Mozambique after election court ruling, 56 dead

The US called the electoral process "flawed," while the European Union pointed to "irregularities during counting of votes and unjustified alteration of election results."

Israel, Hamas accuse each other of complicating ceasefire talks in Qatar

The two sides appear closer than they have been in months to reaching an agreement that would bring home dozens of hostages being held in Gaza

China, Japan agree to talks on security issues as they seek to mend ties

Iwaya's one-day trip came just before US President-elect Donald Trump takes office in January and the uncertainty his presidency is expected to bring to America's global relations

From Trump's return to Hasina's ouster: Top events of the world in 2024

A dramatic campaign, a comeback, and peace efforts amid attacks & counterattacks - 2024 redefined global relations. Diplomacy was tested, power disrupted, and the world watched as history was made

Israel's admission of killing Haniyeh justifies Oct 1 attack: Iranian envoy

Hamas leader Hanieyh's killing came hours after top Hezbollah commander Fuad Shukr was killed in an Israeli air attack on the southern suburbs of Lebanon's capital, Beirut, on July 31

May we become pilgrims of hope, peace, and unity: Pope on Christmas

He called for arms to be silenced in war-torn Ukraine and in the Middle East, singling out Christian communities in Israel and the Palestinian territories, particularly in Gaza where the humanitarian

Trump's cabinet picks face uncertainty as Republicans prepare for Senate

It's not about putting yeses on the board, it's about keeping nos off the board, said Oklahoma Sen. Markwayne Mullin, one of Trump's top allies in the Senate, who speaks with him frequently

Russia says pipeline gas, LNG exports to Europe up by 18-20% in 2024

Russian pipeline gas exports to Europe face serious challenges

Foreign investments in Israel rise to $11.8 billion in first half of 2024

In 2023, the US was the leading source country for investments in Israel with $24 billion followed by France with $3.7 billion, India with $1.2 billion and the UK with $1.1 billion

China issues 19 mn metric tons of fuel under 2025 1st batch export quota

China manages its refined oil exports via a strict quota system, using exports as a tool to balance and ensure the domestic market is sufficiently supplied

Russian missiles target Ukraine's energy infrastructure on Christmas day

At least seven strikes targeted Kharkiv sparking fires across the city, regional head Oleh Syniehubov wrote on Telegram

Pak airstrikes kill 46 in Afghanistan; mostly women, children: Taliban

Meanwhile, in a statement, Mohammad Khurasani, the spokesman for the Pakistani Taliban or Tehreek-e-Taliban Pakistan, claimed that 50 people, including 27 women and children, have died in the strikes

Sriram Krishnan faces racism post-Trump role, Elon Musk offers support

The American far-right accused Krishnan and other Indian Americans of "stealing jobs from Americans" and questioned the high-skilled immigration through the H-1B program

Hasina's son accuses Yunus govt of using judiciary for political witch hunt

Hasina, 77, has been living in India since August 5 when she fled Bangladesh following a massive student-led protest that toppled her Awami League's (AL) 16-year regime

Denmark boosts defence spending: Why does Trump want to buy Greenland?

Denmark announced a significant boost to defence spending for Greenland following Donald Trump's remarks about purchasing the country

Taiwan blocks Uber's $950 million purchase of Delivery Hero's Foodpanda

The acquisition would have been one of Taiwan's largest outside of the chip industry, marking a retreat for Delivery Hero from Asia

KKR and Bain each bid over $5 bn for Seven & i's York Holdings spin-off

KKR offered around 800 billion yen ($5.1 billion) for York Holdings, an entity due to be spun out of the Japanese retailer, two of the people said