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More than 100 dead in torrential rain and floods across southern Africa

2026-01-17 00:00:00

JOHANNESBURG, Jan 16 (Arab News): Torrential rains and flooding have killed more than 100 people in South Africa, Mozambique and Zimbabwe, and authorities warned Friday that more severe weather was expected across several countries in southern Africa.South Africa has reported...

Machado vows to be Venezuela president 'when right time comes'

2026-01-17 00:00:00

WASHINGTON, Jan 16 (AFP): Venezuelan opposition leader Maria Corina Machado has insisted she will be elected president "when the right time comes" despite the United States sidelining her after overthrowing Nicolas Maduro.President Donald Trump has backed Maduro's former vice president...

Prince Harry and Elton John take on the Daily Mail

2026-01-17 00:00:00

LONDON, Jan 16 (Reuters): Britain's Prince Harry, singer Elton John and five other high-profile figures' privacy lawsuits against the Daily Mail begin in earnest on Monday with the start of a trial at the High Court in London.Prince Harry, King...

Yemen prime minister quits, replaced by foreign minister

2026-01-17 00:00:00

RIYADH, Jan 16 (Arab News): The prime minister of Yemen has been replaced by his foreign minister after the premier submitted the government's resignation, the country's Saudi-backed presidential body said.Prime Minister Salim Saleh BinBuriek met Presidential Leadership Council chairman Rashad...

South Korea's ex-president Yoon given 5-year jail term

2026-01-17 00:00:00

SEOUL, Jan 16 (Reuters): A South Korean court on Friday sentenced former President Yoon Suk Yeol to five years in prison on charges that included obstructing attempts by authorities to arrest him following his failed bid to impose martial law...

US sanctions Iranian officials over protest crackdown

2026-01-17 00:00:00

WASHINGTON, Jan 16 (Agencies): The United States (US) imposed sanctions Thursday on Iranian security officials and financial networks, accusing them of orchestrating a violent crackdown on peaceful protests and laundering billions in oil revenues.Treasury Secretary Scott Bessent announced the measures...

Morocco's defender #02 Achraf Hakimi celebrates

2026-01-17 00:00:00

Morocco's defender #02 Achraf Hakimi celebrates after the Africa Cup of Nations (CAN) semi-final football match between Nigeria and Morocco at the Prince Moulay Abdellah stadium in Rabat on January 14, 2026. — AFP.

Sinner says doping scandal made him stronger

2026-01-17 00:00:00

MELBOURNE, Jan 16 (AFP): Jannik Sinner said Friday a three-month doping ban last year made him stronger as a person and more relaxed on court as he prepares to defend his Australian Open title.The 24-year-old arrived at Melbourne Park last...

Osaka to be 'aggressive' in bid for third Australian Open title

2026-01-17 00:00:00

MELBOURNE, Jan 16 (AFP): Naomi Osaka said Friday she wants to leave the Australian Open with no regrets and will go on the attack as she attempts to win the title for a third time.The former world number one from...

Improved Leipzig seeking revenge against 'world's best' Bayern

2026-01-17 00:00:00

BERLIN, Jan 16 (AFP): Five months on from being on the wrong end of a 6-0 Bundesliga drubbing by Bayern Munich, RB Leipzig captain David Raum is confident his improving side can "hurt" the league leaders.Ruthless Bayern sounded out an...

Man City agree deal to sign Guehi, reports say

2026-01-17 00:00:00

LONDON, Jan 16 (AFP): Manchester City have agreed a deal in principle to sign Crystal Palace captain Marc Guehi as they battle a defensive crisis, reports said on Friday.The England defender, 25, was close to joining Liverpool on transfer deadline...

Slot 'happy' to welcome Salah back at Liverpool after AFCON

2026-01-17 00:00:00

LIVERPOOL, Jan 16 (AFP): Arne Slot said he would welcome Mohamed Salah back at Liverpool even if he had 15 attackers as the Egypt forward nears a return from the Africa Cup of Nations.Salah is set to play in Egypt's...

Litton Das named Rangpur Riders captain for remainder of BPL

2026-01-17 00:00:00

DHAKA, Jan 16 (BSS): Rangpur Riders on Friday confirmed that Litton Das will lead the side for the remainder of the Bangladesh Premier League (BPL).Rangpur ended the Sylhet phase of the tournament on a disappointing note, losing three matches in...

Shoriful, Mahedi lead Chattogram to victory against Noakhali

2026-01-17 00:00:00

Noakhali's slim chance to keep their Bangladesh Premier League (BPL) playoffs hope was completely shattered after their five-wicket defeat to Chattogram Royals at the Sher-e-Bangla National Cricket Stadium on Friday, reports BSS.Pacer Shoriful Islam set the record of a five...

Asia spot LNG prices rise as cold weather forecasts lift demand

2026-01-17 00:00:00

SINGAPORE, Jan 16 (Reuters): Asia spot liquefied natural gas rose this week on the back of a colder weather outlook that spurred some demand, lifting prices to their highest levels in six weeks.The average LNG price for March delivery into...

New York cocoa rises from two-year lows

2026-01-17 00:00:00

LONDON, Jan 16 (Reuters): New York cocoa futures on the ICE exchange recovered on Friday from near two-year lows hit in the prior session as demand weakness was seen as already priced in following data from Asia.CocoaNew York cocoa rose...

Gold eases as strong US data, easing geopolitical tensions sap momentum

2026-01-17 00:00:00

Gold prices extended losses from the previous session on Friday, as stronger-than-expected US economic data and easing geopolitical tensions in Iran hampered bullion's bullish momentum, reports Reuters.Spot gold eased 0.1 per cent to $4,610.86 per ounce by 1217 GMT. However,...

Copper hits one-week low

2026-01-17 00:00:00

BEIJING, Jan 16 (Reuters): Copper prices hit a one-week low on Friday on profit-taking after a rally led by speculative funds while demand from physical buyers in China was muted. Benchmark three-month copper on the London Metal Exchange was down...

Oil prices rise 1pc as supply risks remain in focus

2026-01-17 00:00:00

LONDON, Jan 16 (Reuters): Oil prices rose slightly on Friday as supply risks remained in focus despite the receding likelihood of a US military strike against Iran.Brent crude gained 66 cents, or 1.04 per cent, to $64.42 a barrel by...

Canada agrees to cut tariff on Chinese EVs in return for lower tariffs on Canadian farm products

2026-01-17 00:00:00

BEIJING, Jan 16 (UNB) : Canada, breaking with the U.S., has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday.Carney made the announcement after...

Retail investors steer record amount of cash into silver, creating crowded trade

2026-01-17 00:00:00

Individual investors have been snapping up silver at such a pace it has turned into the most crowded commodity trade in the market, according to a report published on Thursday by Vanda Research, reports Reuters.Vanda calculated that in the last...

China's 2025 economic growth likely slowest in decades: Analysts

2026-01-17 00:00:00

BEIJING, Jan 16 (AFP) : China's economy likely grew last year at its weakest rate in three decades, outside of the pandemic, according to an AFP survey of analysts ahead of official data on Monday.The world's second-largest economy struggled to...

Shortage of lighterage vessels hampers cargo unloading

NAZIMUDDIN SHYAMOL | 2026-01-17 00:00:00

CHATTAGRAM, Jan 16: Cargo handling operations at the outer anchorage of Chattogram port have been severely hampered due to an acute shortage of lighterage vessels, raising concerns over possible supply disruptions ahead of the holy month of Ramadan.The disruption has...

Goldman Sach tops profit estimates

2026-01-17 00:00:00

Goldman Sachs' fourth-quarter profit beat Wall Street expectations on Thursday, driven by a surge in dealmaking and trading, as it expressed optimism for investment banking in the year ahead, reports Reuters.A friendlier regulatory environment under US President Donald Trump, lower...

World shares hover near record highs on simmering geopolitics, AI optimism

2026-01-17 00:00:00

LONDON, Jan 16 (Reuters): Global stocks hovered near record peaks on Friday as international tensions simmered, and the dollar held near a six-week high as traders trimmed bets on Federal Reserve interest rate cuts.Safe-haven gold was little changed, while oil...

US biotech sector eyes rebound in 2026 as IPO interest revives

2026-01-17 00:00:00

Investors are eyeing a rebound in the US biotech sector in 2026, as more companies are expected to go public amid a renewed deal-making appetite and a lower interest rate scenario, even as they come to terms with the political...

Global equity funds post strongest weekly inflows in 15 weeks

2026-01-17 00:00:00

Global equity funds witnessed the largest weekly net purchase in 15 weeks in the week to January 14, as investors pushed world stocks close to record highs, extending momentum from last year and brushing aside concerns over the global economy...

Stocks back in red amid selling pressure

FE REPORT | 2026-01-17 00:00:00

The benchmark equity index ended the week in negative territory, snapping a three-week winning streak as market sentiment turned cautious amid mounting concerns over the ongoing domestic gas crisis and escalating geopolitical tensions.Analysts pointed out that the market recovery, which...

The pulse of banking

Md Ruhin Hossain | 2026-01-17 00:00:00

In the rapidly evolving landscape of Bangladesh's economy, the banking sector stands as its backbone. However, as the industry shifts from traditional brick-and-mortar setups to a digital-first approach, a critical realization is dawning upon financial institutions: technology is the vehicle,...

Dui Bigha Jomi's modern carbon copy

Nilratan Halder | 2026-01-17 00:00:00

In his poem "Dui Bigha Jomi", poet Rabindranath presented a most realistic equation between a zamindar and his subjects of his time. Upen, a subject has only two bighas of land and the rest was sold to pay his debt....