World

The new year begins with significant market uncertainty as tensions between the US and Iran escalate following the assassination of Iranian General Qasem Soleimani. Stock markets experienced sharp declines, while oil prices rose dramatically, reflecting investor concerns about potential military confrontation and its economic implications.

Ant Financial, the world's highest-valued FinTech company, has applied for a digital wholesale banking license in Singapore. Following Grab and Razer, the company aims to contribute to the digital banking landscape and promote global financial inclusion by serving corporate clients in the financial hub.

Taiwan's Air Force General Shen Yi-ming and seven defense officials were confirmed dead after their UH-60M Black Hawk helicopter crashed in poor weather conditions. The Ministry of National Defense reported that while eight were initially missing, five survivors were found. General Shen, 62, had recently taken office as a top military leader.

Thailand, France, and Mexico are taking decisive action against plastic pollution by implementing bans on single-use plastic bags. These measures aim to protect marine ecosystems, reduce ocean waste, and minimize environmental risks to wildlife.

Shannon Lee's Bruce Lee Enterprises filed a lawsuit against Chinese fast-food chain Real Kungfu in Shanghai, demanding they stop using Bruce Lee's image and pay 210 million yuan (US$30 million) in compensation for unauthorized use of the late martial artist's likeness over 15 years.

Turkey's constitutional court has ruled the government's two-year ban on Wikipedia unconstitutional, ordering the immediate lifting of the block. The 10-6 vote determined the ban violated freedom of expression, which was initially imposed due to contested entries about government officials' alleged connections to terrorist organizations.

Turkey's constitutional court has ruled the government's two-year ban on Wikipedia unconstitutional. The 10-6 vote determined the block violated freedom of expression, ordering the immediate lifting of restrictions imposed in 2017 over controversial entries about government officials.

Russian President Vladimir Putin claims Russia has become the world leader in hypersonic weapons, highlighting the Kinzhal missile and Avanguard hypersonic glide vehicle as key technological advancements that surpass current US capabilities.

Canada's Foreign Affairs and International Development Ministers strongly criticized Russia and China for vetoing a UN resolution to continue cross-border humanitarian aid to Syria. They highlighted the severe consequences for millions of Syrians, especially in Idlib, who face urgent aid needs and increasing violence.

German flight attendants' union UFO may stage strikes against Lufthansa following failed arbitration talks. The union and airline have been in ongoing disputes over pay, pensions, and the union's legal status. UFO spokesman Nicoley Baublies indicated that industrial action could occur at any time after the December holidays.