World News

Japan's service activity expands on increased demand, shows PMI data

Final au Jibun Bank Service purchasing managers' index (PMI) grew to 50.9 in December from 50.5 in November, according to the survey compiled by S&P Global Market Intelligence

UK business morale gloomiest, hits two-year low after tax rises: Survey

Finance minister Rachel Reeves announced 40 billion pounds ($50 billion) of tax rises on Oct 30, the most of any budget since 1993

Thousands rally in Montenegro seeking ouster of top officials over shooting

Many residents of Cetinje and other Montenegrins believe that police mishandled the situation and haven't done enough to boost security

Canada's PM Justin Trudeau likely to resign as Liberal Party leader

At the time of filing this report, the Canadian Prime Minister's office had not provided a comment.

Italy in talks with SpaceX to secure $1.6 billion telecom security services

The plan also includes communications services for the Italian military in the Mediterranean area as well as the rollout of so-called direct-to-cell satellite services

President Biden inks Social Security bill in rare public signing ceremony

Social Security Fairness Act will boost Social Security payments to more than 2.5 million retirees - some by as much as $550 a month- by changing formulas used to reduce benefits for certain beneficia

Israel denies reports of Hamas sending list of hostages to be released

The statement of Israel's PM office came after it was reported by a UK-based news agency that Hamas had approved a list of 34 hostages that it would release in exchange for a ceasefire agreement

Ukraine pressing attacks in Russia's Kursk region, say Moscow, Kyiv

The war's trajectory isn't going in Ukraine's favour, with the country shorthanded on the front line and in need of more support from its Western partners

South Korean police to execute arrest warrant for impeached Prez Yoon

The agency and police confirmed the discussion on Monday, hours before the one-week warrant for Yoon's detention was to expire

Accused in New Year's truck attack visited New Orleans twice before: FBI

Shamsud-Din Jabbar, a US citizen from Houston, also travelled to Cairo, Egypt, as well as Ontario, Canada, before the attack

More than 500 Afghan children killed or injured in 2024, says UNICEF

UNICEF stated that in 2024, it trained three million children and their guardians on how to recognise and avoid the dangers of explosives

UK Oppn wants PM Keir Starmer to scrap plans for Islamophobia definition

Shadow justice secretary Robert Jenrick said this weekend that a "false label" of Islamophobia had hampered investigations into child abuse grooming gang scandal involving men of Pakistani heritage

Wall Street's top banks just quit a once popular net-zero alliance

JPMorgan Chase & Co., the largest US bank, looks to be next in line

Signing BRI framework with China, Modi meeting key to stronger ties: Oli

The 72-year-old Communist Party of Nepal (Unified Marxist-Leninist) leader said these meetings and visits have made meaningful contributions in strengthening Nepal's relations

Biden's move to block Nippon Steel takeover sparks uncertainty for workers

On Friday, Biden said he was stopping the Nippon takeover after federal regulators deadlocked on whether to approve it

Donald Trump hosts Italian Prime Minister Georgia Meloni at Mar-a-Lago

Trump walked in to a movie screening at his resort with Meloni and pointed her out to a crowd

Why was George Soros awarded Medal of Freedom by Biden administration?

With around two weeks left in the Biden administration before Donald Trump takes office, the awards sparked controversy, particularly with recipients such as Hillary Clinton and George Soros

Foxconn beats estimates with record Q4 revenue driven by AI demand

Robust AI server demand led to strong revenue growth for its cloud and networking products division, said Foxconn, whose customers include AI chip firm Nvidia

Travel conditions turn dangerous in US amid heaviest snowfall in decade

For locations in this region that receive the highest snow totals, it may be the heaviest snowfall in at least a decade, the weather service said early Sunday

Russian oil spill kills over 30 dolphins; Putin called ecological disaster

Russia's Emergencies Ministry said on Sunday that over 96,000 tons of contaminated sand and soil had been removed by officials and volunteers along the shoreline