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- NewsAFP News
South Korea's impeached president resists arrest over martial law bid
Impeached South Korean President Yoon Suk Yeol remained defiantly inside his residence resisting arrest for a third day on Thursday after vowing to "fight" authorities seeking to question him over his failed martial law bid.- Refused questioning - The martial law order, which Yoon Suk Yeol said was aimed at eliminating "anti-state elements", only lasted a few hours.
4-min read - NewsAFP News
'Numb' New Orleans grapples with horror of deadly truck attack
The celebratory atmosphere of Bourbon Street in New Orleans, long an American byword for indulgence and revelry, was dimmed Wednesday as residents and visitors alike reeled from a deadly truck attack on New Year's crowds.Now he worries for his city, where he could never imagine anything like this deadly attack, "not in a million years."
3-min read - BusinessAFP News
Asia stocks begin year on cautious note
Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session.But ahead of the New Year's Day holiday, US stocks sank Tuesday, although European equities advanced.
2-min read - NewsAFP News
FBI probes 'terrorist' links in New Orleans truck-ramming that killed 15
A US army veteran with an Islamic State flag and "hellbent" on carnage steered a pickup truck into a crowd of New Year revelers in New Orleans on Wednesday, killing at least 15 people and wounding dozens, officials said.An FBI spokesman told AFP that 15 people had been killed, citing the New Orleans coroner's office.
4-min read - NewsAFP News
2024 was China's hottest year on record: weather agency
Last year was China's warmest on record, its weather agency said, as the world experiences a surge in extreme weather fuelled by climate change.The United Nations said in a year-end message on Monday that 2024 was set to be the warmest year ever recorded worldwide.
2-min read - BusinessReuters
Gold nudges higher, market awaits US data for economic cues
Gold prices inched higher on Thursday, continuing its momentum from 2024, while traders sought more clarity on the U.S. Federal Reserve's interest rate trajectory and President-elect Donald Trump's policies. Bullion surged over 27% in 2024, its largest annual gain since 2010, driven by Fed's substantial rate cuts and escalating geopolitical tensions. Gold is likely to remain bullish (in 2025), driven by geopolitical risks and expectations of rising government debt due to a deep fiscal deficit
2-min read - BusinessReuters
Slight reprieve for rupee likely as Asian peers recover
The Indian rupee could find some relief on Thursday as most of its Asian peers ticked higher and with the currency near levels at which the central bank had intervened aggressively. The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly higher from its close of 85.6450 per U.S. dollar in the previous session. Last Friday, when the rupee dropped to an all-time low of 85.80-85.81, the Reserve Bank of India intervened quite aggressively.
2-min read
