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South Korea police seek to extend impeached President's arrest warrant

The agency and police confirmed the discussion on Monday, hours before the one-week warrant for Yoon's detention was to expire

Rupee to stay under pressure as traders eye RBI's defence of 85.80

The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly-lower from its closing level of 85.77

More than 200 Rohingya arrive by boat in Indonesia over weekend: Official

Mainly Muslim Rohingya, who are originally from Myanmar and constitute the world's largest stateless population, often escape poor conditions in refugee camps on rickety boats to Thailand or Indonesia

Japan's service activity expands on increased demand, shows PMI data

Final au Jibun Bank Service purchasing managers' index (PMI) grew to 50.9 in December from 50.5 in November, according to the survey compiled by S&P Global Market Intelligence

UK business morale gloomiest, hits two-year low after tax rises: Survey

Finance minister Rachel Reeves announced 40 billion pounds ($50 billion) of tax rises on Oct 30, the most of any budget since 1993

Asian shares wary as US outperformance lifts dollar ahead of key data

The star of the US line up is the December payrolls report, where analysts expect a rise of 150,000 with unemployment holding at 4.2 per cent

Foxconn beats estimates with record Q4 revenue driven by AI demand

Robust AI server demand led to strong revenue growth for its cloud and networking products division, said Foxconn, whose customers include AI chip firm Nvidia

US plans $8 billion arms sale to Israel, maintains support to ally

The Biden administration says it is helping its ally defend against Iran-backed militant groups like Hamas in Gaza, Hezbollah in Lebanon and the Houthis in Yemen

Apple's China challenge deepens as foreign phone sales slump 47.4% in Nov

The US company's smartphone sales in China still slipped 0.3 per cent during the third quarter from a year earlier, while Huawei's sales surged 42 per cent, according to research firm IDC

Alcohol stocks drop after US Surgeon General urges cancer warning on labels

US Surgeon General Vivek Murthy said in an advisory that the consumption of alcoholic drinks increases the risk of developing breast, colon, liver and other cancers

Citing national security, US govt blocks Nippon Steel's bid to buy US Steel

The proposed tie-up has faced high-level opposition within the United States since it was announced a year ago, with both Biden and his incoming successor Donald Trump taking aim

China's central bank warns mutual funds against feeding bond frenzy

The pressure on fund managers comes as Beijing faces the daunting task of reviving consumption and the economy after a real estate crisis put a damper on growth

US manufacturing PMI rises to a nine-month high of 49.3 in December

The Institute for Supply Management (ISM) said on Friday that its manufacturing PMI increased to 49.3 last month, the highest reading since March, from 48.4 in November

H-1B visas benefit both nations, mobility of professionals important: MEA

Late last month, Trump said he fully backed the H-1B programme for foreign workers opposed by some of his supporters after Musk, the billionaire CEO of Tesla and SpaceX, vowed to go to "war" to defend

US Surgeon General calls for cancer warnings for alcoholic drinks

It is responsible for 100,000 US cancer cases and 20,000 cancer deaths each year, more than the 13,500 alcohol-associated traffic crash deaths

Marico forecasts higher quarterly revenue growth on cooking oil demand

However, sales in large cities are under pressure as consumers cut back on spending due to high costs of living

US pizza chain Papa John's aims to re-enter Indian market in 2025

Papa John's exited India in 2017 saying its restaurants were not able to meet the expectations of the brand and the franchisee

Aiming to boost economic ties with US, engaging with Trump admin: Goyal

Bilateral trade between India and the United States, India's largest trading partner, exceeded $118 billion in 2023/24, with India registering a trade surplus of $32 billion

Rupee logs 9th straight week of losses, analysts expect more weakness

The rupee may touch the 86-per-dollar mark in the short term, said Jigar Trivedi, a senior analyst at Reliance Securities, who recommends buying the dollar-rupee pair on every dip

UN's world food price index eases in December as sugar prices decline

Sugar prices led December's monthly decline, dropping 5.1 per cent month-on-month thanks to improving sugarcane crop prospects in the main producing countries to stand 10.6 per cent below its December