Ukraine president says after talks with Donald Trump that 15-year pledge would not be enough to deter Russia
President claims attack hit boats at drug loading terminal without providing further details
Chinese artificial intelligence advances and the effects of Trump’s trade war have boosted markets outside the US
‘Justice Mission 2025’ exercises to test US response after largest arms sale to Taipei
Wave of arrests and fines are in apparent response to online anger over reforms to social security benefits
Demographers warn new births to hit lowest level since records began in 1899 as population crisis deepens
Mukesh Ambani and Gautam Adani have found it hard to make headway with the US president
US retreat much worse and faster than expected in second Trump administration
Accused of being a smokescreen for metals smuggled from DR Congo, country now boasts Africa’s largest tungsten mine
Anger over collapse in living standards prompts protests by shopkeepers in Tehran
From Vance’s shock Munich speech to the release of the Epstein files, Trump’s return to power has shaped the year
Investors’ bet on the AI boom and Tokyo’s ability to withstand trade turmoil buoy shares
Donald Trump dismisses concerns about PLA activity simulating maritime blockade
Also in today’s newsletter: Switzerland lures Asia money and Trump warns Iran
South Asian country’s first female leader had traded power for decades with arch-rival Sheikh Hasina
Entrepreneurs are more optimistic than the headlines about the UK’s economic potential
Software giant faces intense competition from Alphabet, Amazon and start-ups
Lawyers awarded hefty December payouts in battle to hire and retain high performers
Local elections next May are expected to reflect major shifts in party allegiances
Euroclear has been thrust into the spotlight by the EU’s failed plan to use cash on its balance sheet to assist Ukraine
Jamie Dimon’s deft summary of the bankruptcies that have rattled finance
The deputy managing director of the French-Japanese fashion, music and café brand takes us to her favourite eateries, bakery — and confectioner
The US president’s ‘liberation day’ tariffs spooked markets but the global trading system has proved to be resilient
Swiss private banks report rising demand from Asian family offices and rich individuals to book assets in Europe
Chinese toymaker plans store on New York’s Fifth Avenue as it faces pressure to continue momentum of its popular dolls
Mark Zuckerberg is pouring billions of dollars into artificial intelligence
The big themes of 2025
US president warns Hamas it has a ‘very short period of time to disarm’ after talks with Israeli leader Benjamin Netanyahu
Former Treasury minister warned that Crossrail London link was too costly and unnecessary, newly released papers show
National Archives papers reveal how officials explored military option to force out Zimbabwe’s ageing leader in 2004
US president says he will name Federal Reserve chair’s successor in January
Company defends record and its ‘highly engaged and experienced board’ after Chip Wilson nominates 3 directors
Chief executives of Sainsbury’s and National Grid were also recognised in the 2026 list
Alt5 Sigma hires third accounting firm in six weeks, complicating efforts to bring its financial reporting up to date
Rapid post-Christmas surge unwinds, dragging down gold and other precious metals
International humanitarian law and the rights of civilians are being eroded
