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South Korea court approves arrest of President Yoon

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

Russia reduces gas flow to Europe via Ukraine

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

Dollar gains broadly, slips against yen

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

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