Adani Group's rout deepens

Adani Group stocks have continued their drop this week- extending losses to more than 70 billion dollars after the group was accused of fraud and stock manipulation.

The group managed to complete a closely watched share sale earlier this week after big firms pumped money into what is the country's largest follow-on public offering.


Neha Poonia reports.

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China tries prevent property prices plunging further

China is trying to put a stop to a plunge in property prices that’s undermining hopes of an economic recovery. Residential sales tumbled almost 15 percent during the Lunar New Year holidays, compared to a year earlier.

Richard Kimber reports from Hong Kong.

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S Korea and US agree to escalate war drills

South Korea and the United States are planning to step-up their joint military exercises to counter missile threats from North Korea. 

The US Defense minister, Lloyd Austin, met his counterpart in Seoul on Tuesday, and agreed to bolster the scale of training and war drills as Pyongyang pursues its nuclear weapon program. 

Chris Gilbert reports. 

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Stocks up after a strong month for Wall Street

Stocks were up Tuesday - at the end of a strong month for Wall Street.

All three major indexes made significant gains in January, with the tech-heavy Nasdaq soaring 10%.

On Tuesday payments giant PayPal became one of the latest tech companies to lay off staff - it will cut around 7% of its workforce.

Sally Patterson has more in New York.

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EXXON MAKES RECORD $56B PROFIT 2022

Fifty-six billion dollars. That was Exxon Mobil's net profit last year - setting a record not just for the company, but for the Western oil industry.

The supercharged earnings, which were announced on Tuesday, have renewed calls for the U.S. government to implement a windfall tax.

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George Santos steps down from committees

Under pressure U.S. lawmaker George Santos has announced he won't be
serving on several committees in the US House of Representatives.

It comes after he admitted to fabricating large parts of his resume.

William Denselow reports from New York.


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Blinken says restoring calm is priority but repeats calls for 2 state solution to Israeli Palestinian conflict

US Secretary of State Antony Blinken says restoring calm between Israelis and Palestinians is "the immediate task," but that Washington will keep working towards a two state solution to the conflict.

He was speaking at a news conference in Jerusalem at the end of a three day trip to the Middle East where retaliatory violence between Israelis and Palestinians has spiralled in recent days.

Kate Fisher reports from Washington

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Trump sues journalist for $50m over published audio

Former US president Donald Trump has sued a journalist for publishing audio of their interviews. 

Washington Post journalist Bob Woodward interviewed Trump between 2019 and 2020 for his book Rage.

Now, the former president is accusing Woodward of violating his contract rights and copyright interests - allegations Woodward and his publisher deny.

Sally Patterson has more in New York.

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Killing of Tyre Nichols leads to 7 police officers and 3 firemen being suspended

In Memphis, a seventh police officer has been suspended and three fire service emergency responders have been terminated for failing to care for Tyre Nichols.

He died on January 10th, after being beaten by police.

U.S. Correspondent Caroline Malone reports.

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UN CHIEF SAYS MYANMAR ELECTIONS COULD FUEL VIOLENCE

On Wednesday it will be two since the military overturned the
government in Myanmar and the UN Secretary General Antonio Guterres
has called on the military there to respect the will and needs of the people.
Jody Jacobs has more from the United Nations...

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Major day of protests and marches in France against pension refrom

Hundreds of thousands of people have marched in France in nationwide demonstrations against the government's planned reforms of the pension system.

French ministers want to raise France's retirement age from 62 to 64.

Ross Cullen reports.

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Eurozone narrowly avoids winter recession with 0.1% Q4 growth

The Eurozone will avoid a recession this winter after new data released Tuesday showed slight GDP growth of 0.1% in the last months of 2022. 

Economies in the twenty countries which used the euro currency have been weighed down by soaring prices, as nations navigate geopolitical uncertainty on the continent.

Rosie Birchard has more from Brussels.

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Biden rules out sending fighter jets to Ukraine

US President Joe Biden has ruled out sending fighter jets to Ukraine,
just days after agreeing to supply Kyiv with tanks.

Ukrainian officials are telling western countries jets are needed to
help repel Russian advances.

Nick Harper reports from Washington.

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Namibia suffers record rhino losses

Rhino poaching in Namibia almost doubled in 2022. Authorities report that 87 rhinos were lost, up from 45 in 2021. More than half of those killed last year were found within the boundaries of the Etosha National Park. Mark Roughton reports from South Africa.

 

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Ukrainian defence minister in Paris to discuss possible combat jet supplies

The Ukrainian defence minister is in Paris to discuss the possible delivery of French combat jets to Ukraine.

Oleksiy Reznikov will meet French president Emmanuel Macron to press for more support for the Ukrainian armed forces.

Ross Cullen reports.

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Nigeria’s Government Backs US Visa Ban On Nigerians Undermining Democracy

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The Federal Government has backed the United States (US) government's decision to impose visa ban on politicians and others who undermine the 2023 general elections.

The US imposed the Visa restrictions last week as part of the actions to advance democracy and tackle corruption in Nigeria.

Correspondent Ajeck Mangut reports from Abuja.

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IMF DOWNGRADES UK GROWTH FORECAST

The UK economy will perform worst of any major economy in 2023, according to the International Monetary Fund.

The IMF has revised its predictions for the UK down due to high inflation and energy costs.

The Labour Party says the government is causing the country to 'lag behind its peers'.

Government minister Richard Holden believes the IMF will be proven wrong.

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59 killed in mosque blast in Pakistan

A suicide bomb blast in the Pakistani city of Peshawar has killed 59 people.

The mosque is located in the heavily guarded police headquarters area and Pakistan's Prime Minister Shebaz Sharif has said the attackers want to create fear by targeting those who defend the country.

Our South Asia correspondent Neha Poonia reports.

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China Blames US for Starting Crisis in Ukraine

China has hit back at reports suggesting some of its state-owned companies may be providing support to Russia's war in Ukraine.

At a press briefing in Beijing the foreign ministry said the US is "the one who started the Ukraine crisis and the biggest factor fueling it."

It's raised doubt of progress in ties between Washington and Beijing ahead of US Secretary of State Anthony Blinken's upcoming visit to the Chinese capital.

The development comes also despite China appearing to soften its approach on foreign policy following the appointment of Qin Gang as foreign minister in Beijing.

He's believed to be behind China's efforts to discard the so-called "wolf-warrior approach".

Alfred Wu is an Associate Professor at the National University of Singapore.

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Contaminants found in Tokyo residents' blood near US bases

A citizens' group in Tokyo is sounding the alarm over possible contamination from a US army base poisoning local residents. 

The group says it has found high concentrations of harmful substances in the blood of those living near the Yokota airforce base.

The US military has previously dismissed similar allegations, and said there's no proof its bases are responsible.

Chris Gilbert reports from Tokyo. 

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