Browsing: Main Headlines

Evergrande, the struggling Chinese property giant, along with its founder Hui Ka Yan, faces allegations of inflating revenues by $78 billion (£61.6 billion) in the two years preceding the company’s default on its debt.

Japan’s central bank has raised the cost of borrowing for the first time in 17 years. The Bank of Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.

Donald Trump cannot find a private company to guarantee the $464 million (£365 million) he has to pay in a New York civil fraud lawsuit.

Nvidia has revealed its latest artificial intelligence (AI) chip, boasting a significant speed boost of 30 times compared to its predecessor.

The White House says senior Hamas leader Marwan Issa has been killed in an Israeli air strike. 

US police have captured a suspected gunman believed to be responsible for a series of deadly shootings in Pennsylvania. Authorities say that the suspect allegedly shot three individuals dead in Levittown on Saturday before fleeing across state lines.

The eruption unleashed powerful and rapid lava flows beginning late Saturday, although the flows have been characterised as “slow and steady” since Sunday morning, according to the Icelandic Met Office (IMO).

Vladimir Putin has secured a fifth term as president in a landslide victory. He won 87% of the vote, in an election that saw three candidates stand against him – but many in the West argue that the three opposition candidates were not genuine contenders.  

Israeli forces conducted an overnight raid on al-Shifa hospital in Gaza, reportedly involving tanks and heavy gunfire at the facility. The IDF did not provide prior public notice of its intention to conduct a new operation at al-Shifa.

According to Czech authorities, there were 28 reported cases of whooping cough in the first week of January. This number has now surged to 3,084 – the highest seen since 1963.