ASIA

SLOVAKIA THREATENS RETALIATION AGAINST UKRAINE ON GAS TRANSIT DISPUTE

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Slovakia and Ukraine's energy relations have reached a breaking point, with significant implications for both nations and the European Union. On New Year's Day, Ukraine ceased the flow of Russian gas through its territory to Slovakia, ending a decades-long transit arrangement. This abrupt halt has triggered retaliatory threats from Slovak Prime Minister Robert Fico, who accuses Ukraine of "sabotage" on the orders of Russia.

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KILLER DRIVER SENTENCED TO DEATH IN CHINA

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A man who killed multiple people by deliberately driving into a crowd of exercisers outside a stadium in southern China has been sentenced to death. Fan Weiqiu was found guilty of "endangering public safety," a court statement said. At least 35 people were killed and dozens more injured in the 11 November attack in Zhuhai, thought to be the deadliest on Chinese soil for a decade.

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STEEL DEAL DRAMA: NIPPON STEEL BENDS OVER BACKWARDS FOR BIDEN'S APPROVAL

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In a bold move to secure President Joe Biden's blessing for its proposed acquisition of U.S. Steel, Japan's Nippon Steel has offered an unusual concession: giving the U.S. government veto power over potential cuts to U.S. Steel's production capacity.

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MANMOHAN SINGH: THE QUIET ARCHITECT OF INDIA'S ECONOMIC MIRACLE DIES

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They say silence speaks louder than words, and Manmohan Singh's life was a testament to that. India's former prime minister and economic reformer, Dr. Manmohan Singh, has passed away at the age of 92, leaving behind a legacy as towering as the challenges he overcame. From a humble village in Punjab to reshaping the global perception of India's economy, his journey was nothing short of extraordinary.

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WHAT WOULD HAPPEN IF CHINA GOES TO WAR WITH TAIWAN

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The prospect of war between China and Taiwan holds profound global consequences, especially in economic and geopolitical spheres. As tensions rise, particularly in light of China's aggressive military exercises and growing influence in the region, the possibility of a full-scale conflict is no longer a distant scenario. With both countries prepared for military escalation, the world is closely watching the potential fallout of such an event.

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MPs FILE MOTION TO IMPEACH S KOREAN ACTING PRESIDENT

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South Korean opposition lawmakers have filed an impeachment motion against Prime Minister Han Duck-soo, just weeks after parliament voted to impeach President Yoon Suk Yeol. The move follows Han's refusal to appoint constitutional court judges nominated by the opposition Democratic Party (DP).

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TAIWAN’S UNIQUE CELEBRATION BY CRYING IN THE NEW YEAR

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In an unlikely New Year’s Eve tradition, some people in Taiwan welcomed the coming of 2025 with cries. This innovation, put together by university student Harry Li, 22 years old, has just gained popularity and is gradually changing the way people welcome the coming of the New Year.

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CHINA ANNOUNCES RECORD $411 BILLION TREASURY BOND PLAN TO BOOST CONSUMPTION AND ADVANCED SECTORS IN 2025

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China's Strategic Fiscal Move has unveiled plans to issue 3 trillion yuan ($411 billion) in special treasury bonds for 2025, marking the highest issuance on record. This initiative underscores Beijing's aggressive strategy to counter economic headwinds and invigorate growth amidst global and domestic challenges.

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