World
Asian stocks are mixed after Wall Street's best week of the year
Asian stocks were mixed Monday as investors ponder the upcoming meeting of the Federal Reserve, following Wall Street’s best week since November with a slight uptick in U.S. stocks Friday.
U.S. futures were higher while oil prices dropped.
Japan’s benchmark index fluctuated in morning trading. The Nikkei 225 shed 15.50 points to 38,047.17 after data showed the core machinery orders, which are used as a leading indicator of capital spending in the coming six to nine months, fell 1.7% year on year in June.
The U.S. dollar fell to 146.44 Japanese yen from 147.58 yen.
Last week, better-than-expected U.S. retail sales figures boosted market confidence and shifted sentiment regarding potential interest rate cuts by the Federal Reserve in September, which could trigger a sell-off of the yen against the dollar and other major currencies. But still, the dollar-yen exchange rate has been on a downward trend over the past weeks.
“The recent turmoil in the foreign exchange market isn’t just about the Bank of Japan’s actions … other factors, like signals from the Federal Reserve about possible rate cuts, weak U.S. job market data, and broader global economic uncertainties, have also contributed to the recent turbulence,” Luca Santos, currency analyst at ACY Securities, said in a commentary.
The market’s focus is on Jackson Hole, Wyoming, where Federal Reserve Chair Jerome Powell will give a speech late in the week and the setting has been home to big policy announcements in the past.
Because the Fed has said its upcoming moves will depend in large part on what data reports at the time say, “it will be difficult for Powell to pre-commit to a particular trajectory at Jackson Hole,” said economists at Deutsche Bank led by Matthew Luzzetti.
But Powell could offer hints about whether the Fed is hoping to merely remove the brakes from the economy through rate cuts or give it an accelerant.
Elsewhere in Asia, Australia’s S&P/ASX 200 rose 0.2% to 7,988.00 and the Kospi in Seoul lost 0.2% to 2,690.83. Hong Kong’s Hang Seng added 1% to 17,611.77, while the Shanghai Composite was up 0.5% to 2,894.57.
Bangkok’s SET increased 0.8% after data showed the country’s gross domestic product in the second quarter increased 2.3% compared to a year earlier, driven by tourism.
On Friday, the S&P 500 rose 0.2% to 5,554.25 for a seventh straight gain and pulled back within 2% of its all-time high set last month. The Dow Jones Industrial Average gained 0.2% to 40,659.76, and the Nasdaq composite added 0.2% to 17,631.72.
Treasury yields eased in the bond market following mixed reports on the U.S. economy. One showed homebuilders broke ground on fewer projects last month than forecast, which threw some cold water on the market. Optimism had been rising earlier in the week following a flurry of better-than-expected reports on everything from inflation to sales at U.S. retailers.
But a report later in the morning suggested U.S. consumers are feeling better about the economy than expected. That’s a big deal for Wall Street because their spending makes up the bulk of the economy.
Even though confidence rose in the economy’s strength following the strong run of reports, it is still likely slowing under the weight of high interest rates.
The question is whether the slowdown in growth will overshoot and become a recession. The hope on Wall Street is that an expected cut to interest rates at the Fed’s next meeting in September will help forestall that.
In the bond market, the yield on the 10-year Treasury fell to 3.88% from 3.92% late Thursday. The two-year yield, which more closely tracks expectations for Fed action, fell to 4.05% from 4.10% late Thursday.
In energy trading, benchmark U.S. crude gave up 16 cents to $75.38 a barrel. Brent crude, the international standard, lost 15 cents to $79.53 a barrel.
The euro has been strengthening against the U.S. dollar. On Monday, it cost $1.1040, inching up from $1.1028.
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AP Business Writer Stan Choe contributed to this report.
World
Who was Osman Hadi; why is Bangladesh on fire over his death?
Violent protests have erupted in multiple cities in Bangladesh after prominent youth leader Sharif Osman Hadi died at Singapore’s General Hospital on Thursday.
Hadi died from gunshot injuries sustained during an assassination attempt in Bangladesh’s capital, Dhaka, last week.
Here is what we know so far.
Who was Sharif Osman Hadi?
Hadi, 32, was a prominent leader of Bangladesh’s 2024 student-led uprising.
He acted as a spokesperson for Inquilab Mancha, or “Platform for Revolution”, and was planning to stand as a member of parliament for the Dhaka-8 constituency in the Bijoynagar area of the city in the upcoming elections, expected in February 2026.
Hadi was also an outspoken critic of India, where Bangladesh’s ousted Prime Minister Sheikh Hasina fled following the uprising last year, and its influence on domestic politics in Bangladesh.
Where, when and how did Hadi die?
Authorities in Singapore and Inqilab Mancha announced his death on Thursday.
He died in a hospital in Singapore, where he was receiving treatment after being wounded in an assassination attempt on December 12. He was shot in the head by two assailants on a motorcycle, which pulled up beside the battery-powered auto-rickshaw he was travelling in. He was rushed to Dhaka Medical College Hospital.
Hadi was found to have suffered brain stem damage and was transferred from Dhaka to Singapore General Hospital’s neurosurgical Intensive Care Unit (ICU) on December 15 for treatment.
“Despite the best efforts of the doctors … Hadi succumbed to his injuries,” Singapore’s Ministry of Foreign Affairs said in a statement on Thursday.
In a Facebook post late on Thursday, Inqilab Mancha announced: “In the struggle against Indian hegemony, Allah has accepted the great revolutionary Osman Hadi as a martyr.”
On Friday, groups of mourners began to assemble in the Shahbag neighbourhood in central Dhaka, awaiting Hadi’s body, which was expected to arrive in the capital on Friday evening, Al Jazeera’s Moudud Ahmmed Sujan reported from Dhaka.
How have Bangladeshi authorities responded to the shooting?
On December 12, Bangladeshi police launched a hunt for the attackers who shot Hadi.
The country’s counterterrorism unit, the Rapid Action Battalion (RAB) is also involved in this manhunt.
In a news release on December 13, the police released stills of CCTV footage of the incident, showing two key suspects. Police offered a reward of five million taka (about $42,000) for information leading to their arrest.
Both men in the CCTV stills are seen wearing black clothes and glasses. While one is wearing a black hoodie, the other is wearing a black dress shirt and a wristwatch.
Bangladeshi newspaper The Daily Star reported that the country’s police and border guard have arrested at least 20 people linked to the incident so far, but the investigation is ongoing.
How have Bangladeshi leaders reacted to Hadi’s death?
The country’s interim government head, Muhammad Yunus, expressed his condolences and described Hadi’s death as “an irreparable loss for the nation”.
“The country’s march towards democracy cannot be halted through fear, terror, or bloodshed,” he said in a televised speech on Thursday.
The government also announced special prayers at mosques after Friday prayers and a half-day of mourning on Saturday.
“We are deeply saddened by the death of Sharif Osman Hadi, spokesperson of Inqilab Manch and independent candidate for Dhaka-8 constituency,” the acting chairman of the Bangladesh National Party (BNP), Tareq Rahman, wrote on Facebook.
In a news statement to local media reports, the National Citizen Party (NCP) said it was “deeply saddened” by Hadi’s death and expressed condolences to his family.
How have protesters responded to his death?
Following the news of Hadi’s death, violent protests broke out in Dhaka and other parts of the country on Thursday and were continuing on Friday.
Protesters are demanding the resignation of the heads of the Ministry of Home Affairs and the Ministry of Law, accusing the authorities of failing to ensure Hadi’s security. They also demand the return of the gunmen, who many believe have fled to India.
Reporting from Dhaka, Al Jazeera’s Tanvir Chowdhury said: “It’s mostly students, but also people from all walks of life, with some political party elements as well.
“Their main slogan is ‘We want justice’ for the killer of Osman Hadi.
“They’re saying the gunman must be brought to justice as soon as possible, or they will continue to protest.”
One group of protesters gathered outside the head office of the country’s leading Bengali-language Prothom Alo daily, which they view as taking a pro-India editorial line, in Dhaka’s Karwan Bazar area. They then surged into the building, according to online portals of various leading media outlets.
A few hundred metres (yards) away, another group of protesters pushed into the premises of the Daily Star, also viewed as pro-India, and set fire to the building.
The outlet reported that 28 journalists and staff members were trapped in the burning building for four hours.
Soldiers and paramilitary border guards were deployed outside the two buildings to monitor the situation, but did not immediately take any action to disperse the protesters.
Local media reported that protesters threw stones at the Assistant High Commission of India in Chittagong on Thursday.
What were the 2024 student protests in Bangladesh about?
In July 2024, students in Bangladesh took to the streets to protest against the conventional job quota system, under which jobs were reserved for descendants of Bangladesh’s freedom fighters in 1971 and who are largely regarded as the political elite now.
Hasina ordered a brutal crackdown as the protests escalated. Before she was eventually ousted and fled to India, where she remains in exile, nearly 1,400 people were killed and more than 20,000 wounded, according to the country’s International Crimes Tribunal (ICT).
In July this year, Al Jazeera’s Investigative Unit obtained recorded evidence that the former Bangladesh leader had ordered police to use “lethal weapons” against the protesters.
Last month, Hasina was convicted, in absentia, of crimes against humanity and sentenced to death by the tribunal in Dhaka. India has so far not agreed to send her back to Bangladesh to face justice.
Why has this stirred up anger towards India?
In Dhaka on Friday, Al Jazeera’s Chowdhury reported: “There’s a strong anti-India sentiment in the crowd. They say India always meddles in Bangladesh’s affairs, particularly right before the elections – and that former Prime Minister Sheikh Hasina has been making provocative statements from India, where she is taking shelter.”
Now, following Hadi’s death, many Bangladeshis are sharing theories on the internet that the assailants have fled to India. Some politicians from youth parties have repeated these claims.
Local media quoted Sarjis Alam, a leader of the youth-led National Citizen Party (NCP), saying: “The interim government, until India returns assassins of Hadi Bhai, the Indian High Commission to Bangladesh will remain closed. Now or Never. We are in a war!”
Nadim Hawlader, 32, from Dhaka’s airport area and an activist of a Bangladesh Nationalist Party-affiliated volunteer organisation, told Al Jazeera that Hadi had been “brutally murdered” to silence dissent.
“We have come to protest his killing and what we see as Indian aggression,” Hawlader said.
He alleged that India had exerted undue influence over Bangladesh since 1971, and accused New Delhi of backing Sheikh Hasina’s rule during the past 17 years, over which time, he claimed, political repression and killings took place.
Hawlader also alleged that the perpetrators had fled to India and said the protests would continue until “Sheikh Hasina and all those responsible for killings are returned”.
World
Video: Fans in Tokyo Visit Twin Pandas Before They Head to China
new video loaded: Fans in Tokyo Visit Twin Pandas Before They Head to China
By Jake Lucas and Axel Boada
December 18, 2025
World
Zelenskyy calls for US to respond to ‘signals’ Russia is ‘preparing to make next year a year of war’
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Ukrainian President Volodymyr Zelenskyy on Wednesday called for the U.S. and other allies to respond to bellicose “signals” from Russia.
“Today, we again heard signals from Moscow that they are preparing to make next year a year of war. These signals are not only for us. It is crucial that our partners see them, and not only see them but also respond — especially partners in the United States, who often say that Russia wants to end the war,” Zelenskyy asserted in a post on X.
Fox News Digital reached out to the White House for comment.
“Over the past few weeks, the President’s team has made tremendous progress with respect to ending the war between Russia and Ukraine, and as the President stated, he believes we are closer now than we have ever been,” a White House official noted.
UKRAINE SAYS IT CARRIED OUT FIRST-EVER UNDERWATER DRONE STRIKE ON RUSSIAN SUBMARINE IN NOVOROSSIYSK
Ukrainian President Volodymyr Zelenskyy is pictured during a press conference with Friedrich Merz, Federal Chancellor, on Dec. 15, 2025, in Berlin, Germany. (Florian Gaertner/Photothek via Getty Images)
“Yet the signals coming from Russia are the exact opposite, taking the form of official orders to their army. This Russian mindset must be recognized — and acted upon. When Russia is in this mindset, it will also undermine diplomacy — seeking, through diplomatic language and pressure over specific points in documents — to merely mask its desire to destroy Ukraine and Ukrainians, and the desire to legitimize Russia’s theft of our land. And then come other countries in Europe, which someone in Russia might one day label their so‑called ‘historical lands,’” Zelenskyy asserted in the post.
“Real protection is needed against this Russian case history of madness, and we will continue working with all partners to ensure that protection is in place. Security measures are needed, financial measures are needed — including actions on Russian assets — political measures are needed. And the courage of all partners is required: to see the truth, acknowledge the truth, and act accordingly. I want to thank everyone who supports Ukraine,” his post concluded.
Zelenskyy also conveyed the message in a Ukrainian-language video.
US OFFICIALS TOUT PROGRESS IN TALKS TO REACH ‘LASTING AND DURABLE PEACE’ BETWEEN UKRAINE, RUSSIA
In this photo distributed by the state agency Sputnik, Russia’s President Vladimir Putin speaks during an expanded meeting of the Russian Defense Ministry Board at the National Defense Control Center in Moscow on Dec. 17, 2025. (Mikhail TERESHCHENKO / POOL / AFP via Getty Images)
Russian President Vladimir Putin declared during a Defense Ministry board meeting on Wednesday that Russia will accomplish its goals, through either diplomacy or military force.
“The goals of the special military operation will undoubtedly be achieved. We would prefer to accomplish this and address the root causes of the conflict through diplomatic means. However, if the opposing side and its foreign patrons refuse to engage in substantive dialogue, Russia will achieve the liberation of its historical lands by military means. The task of creating and expanding a security buffer zone will also be carried out consistently,” Putin said, according to a Kremlin transcript.
HEADED FOR THE EXITS: WHY 3 DOZEN HOUSE MEMBERS AREN’T RUNNING FOR RE-ELECTION
Rep. Don Bacon, R-Neb., arrives for a House Republican conference meeting at the U.S. Capitol on May 6, 2025, in Washington, D.C. (Andrew Harnik/Getty Images)
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Rep. Don Bacon, R-Neb., a staunch proponent of U.S. support for Ukraine, asserted in a post on X, “Again… the U.S. should send 200 long-range and extremely accurate cruise missiles to Ukraine. Maybe then, Putin will get serious and seek peace. Putin started this war, and he’ll stop this war once he realizes he cannot win and that the cost of war is too high.”
President Donald Trump’s administration has been attempting to help broker peace between Russia and Ukraine.
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