China, which views democratically governed Taiwan as its own territory, sends its military into the skies and waters near the island on an almost daily basis, and holds what Taiwan calls “joint combat readiness patrols” several times a month. Read more
Ukrainian President Volodymyr Zelenskyy said the end of gas transit through his country to Europe was “one of Moscow’s biggest defeats” and he urged the U.S. to supply more gas to Europe. Read more
The driver, identified by the FBI as Shamsud-Din Jabbar, a U.S. citizen from Texas, died at the scene in the shootout with police and may have been acting in concert with others, officials said. Read more
The deal, which closed Tuesday, values the bank at $450 million, with the investors purchasing the 90.1% of ASB common stock for $405 million. Read more
Some of the year’s top S&P 500 performers, including Palantir Technologies, Vistra Corp and Nvidia , closed lower on the day as investors continued to book profits, wrapping up a strong 2024 in which the benchmark S&P jumped 23.3% and the Nasdaq rose 28.7%. Read more
China regards democratically-governed Taiwan as its own territory. Read more
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No investor owns more than 9.9% of the bank’s common stock, including Hawaiian Electric Industries, which has retained a 9.9% stake Read more
The U.S. Treasury Department said in a statement the entities aimed to “stoke socio-political tensions and influence the U.S. electorate during the 2024 U.S. election.” Read more
Larger drug price increases were once far more common in the U.S. but in recent years drugmakers have scaled them back after price hikes drew sharp criticism in the middle of the last decade. Read more
The Corruption Investigation Office for High-ranking Officials (CIO) confirmed the Seoul Western District Court approved an arrest warrant requested by investigators examining Yoon’s short-lived imposition of martial law. Read more
It will likely take 24 to 48 hours to turn the lights back on, “conditions permitting,” LUMA said in a statement. Read more
Barring a last-minute surprise deal, gas flows are likely to stop on Jan. 1 after the expiry of the five-year transit agreement between Russia and Ukraine, marking an almost complete loss of Moscow’s once mighty hold over the European gas market. Read more
The hackers compromised third-party cybersecurity service provider BeyondTrust and were able to access unclassified documents, the letter said. Read more
The U.S. currency has rallied in recent weeks on expectations for a less dovish U.S. central bank as inflation remains above the Fed’s 2% annual target. Read more
End-of-year tax positioning, valuations, climbing Treasury yields and uncertainties about 2025 all contributed to the risk-off sentiment. Read more
Musk, who is set to serve Donald Trump’s new administration as an outside adviser, endorsed the AfD as Germany’s last hope in a guest opinion piece for the Welt am Sonntag newspaper that prompted the commentary editor to resign in protest. Read more
The endorsement from Trump is essential to Johnson’s hopes of maintaining the leadership position he assumed in October 2023. Read more
A unanimous three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan rejected Trump’s argument that the trial judge made mistakes in letting jurors hear evidence about the Republican’s alleged past sexual misconduct, making the trial and verdict unfair. Read more
The instruction to leave has caused a new wave of displacement although it was not immediately clear how many people were affected, the residents said. Read more
Carter lived longer after his term in office than any other U.S. president. Along the way, he earned a reputation as a better former president than he was a president — a status he readily acknowledged. Read more
There are sharks in the Red Sea but encounters with them are relatively rare. Read more
