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China says 'determined' to open up to world in 2025
China is "determined" to continue opening up its economy to the world in 2025, a top economic planning official said Friday, as Beijing steels itself for potential trade turmoil when US President-elect Donald Trump takes office.
South Korea begins lifting Jeju Air wreckage after fatal crash
South Korean investigators on Friday began lifting the wreckage of the Jeju Air plane that crashed five days ago, killing 179 people in the worst aviation disaster on its soil, AFP reporters saw. Using a large yellow crane, investigators began lifting sections of the plane's burned-out wreckage, AFP reporters near the crash site saw, including what appeared to be an engine.
South Korea to lift Jeju Air plane tail after fatal crash
South Korea was set Friday to move the tail section of the Jeju Air plane that crashed last week, killing 179 people in the worst aviation disaster on its soil, officials said. The investigation is headed by South Korean air safety officials, with the assistance of the US Federal Aviation Administration, which frequently aids with probes into global plane crashes.
Asian shares rise defying slow Wall Street start to 2025
Asian markets gained on Friday, bucking retreats on Wall Street as the dollar advanced and markets reopened following the New Year's holiday. The Wall Street losses were driven in part by disappointing results from Tesla, which slumped 6.1 percent after fourth-quarter auto sales lagged expectations.
Apple agrees to $95 mn deal to settle Siri eavesdropping suit
Apple has agreed to pay $95 million to settle a lawsuit accusing its digital assistant Siri of listening in on users' private conversations. A class action lawsuit filed five years ago accused Siri of listening in on private conversations of people with iPhones, iPads, HomePods or other Apple devices enhanced with the digital assistant.
Extradited SKorean crypto 'genius' in court to face US charges
The South Korean co-founder of Terraform Labs appeared in a New York court on Thursday to face fraud charges stemming from the multi-billion-dollar collapse of his cryptocurrency company. Kwon, who is also wanted in South Korea, is charged in the United States with commodities fraud, securities fraud, wire fraud and money laundering and faces up to 130 years in prison if convicted of all charges.
Nick Clegg leaves Meta global policy team
Former British deputy prime minister Nick Clegg said Thursday he is stepping down from his role as president of Meta's global affairs and will be replaced by Republican stalwart Joel Kaplan. Clegg ceding his job to Kaplan, who served as deputy chief of staff for policy under then-president George W. Bush from 2006-2009, comes as Republican Donald Trump is set to return to the White House.
Tesla reports lower 2024 auto deliveries, missing forecast
Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle competition in China and other markets. Besides rising competition from producers like China's BYD and legacy auto companies, analysts pointed to a sluggish ramp-up of production of the futuristic Cybertruck.
US mulls new restrictions on Chinese drones
The United States is considering new rules to address risks posed by drones with tech from foreign adversaries like China and Russia, the Commerce Department said Thursday. Flagging the risk from China and Russia, the Commerce Department said: "These countries can leverage their political and legal frameworks to co-opt private entities for national interests."
AFP
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