Hong Kong’s interbank liquidity is severely strained as local banks borrowed a record $707 million, the highest amount in over five years. The Hong Kong Monetary Authority, the city’s de facto central bank, stepped in to offer temporary cash through its discount window. This surge in borrowing comes as demand for Hong Kong equities has increased significantly. The rally has put pressure on the financial system. The city's funding costs have spiked to a near six-week high of 4.07%.

Hong Kong interbank liquidity hits 5-year low

BJP MLA Rekha Gupta took oath as the new Chief Minister of Delhi along with her six cabinet colleagues. Rekha Gupta was sworn in at a grand ceremony at the iconic Ramlila Maidan, 11 days after her party returned to power in the national capital after more than 27 years. Watch in for more details!

Delhi gets new chief minister, mega oath ceremony at Ramlila ground

Tesla’s plans to set up a factory in India have drawn criticism from US President Donald Trump, who claims the move is “unfair” to US interests. Amid concerns over trade imbalances and reciprocal tariffs, Trump’s remarks have raised questions about potential trade tensions. Will Tesla’s India expansion face obstacles due to Trump’s trade stance?

Musk’s India expansion sparks Trump’s ‘unfair trade’ criticism

Rekha Gupta sworn in as Chief Minister of Delhi along with six cabinet members

US Secretary of State Marco Rubio will skip a two-day meeting of G20 foreign ministers that starts on Thursday after criticizing host South Africa’s policies as anti-American.

Rubio will skip South Africa's G20 meeting amid diplomatic tensions

US President Donald Trump called Ukrainian President Volodymyr Zelensky a “dictator without elections” and criticized the $200 billion US aid to Ukraine, claiming the US gains nothing while Europe benefits. Trump also criticized Biden’s efforts to end the war and labeled Zelensky as a “modestly successful comedian.”

Donald Trump turns against Zelensky and towards Putin

First-time BJP MLA from Shalimar Bagh Rekha Gupta named Delhi's new Chief Minister. Former President of Delhi University students' union elected as Delhi’s fourth woman CM. BJP's Sushma Swaraj, Congress' Sheila Dikshit, and AAP’s Atishi have been other CMs. Watch to know more!

Delhi CM Oath Ceremony: Rekha Gupta Takes Oath As Delhi CM, BJP Returns In Capital

Heavy snow hit Japan as a cold front brought more wintry weather to the country's central regions.
In Niigata prefecture, parts of which have already seen over 10 ft of snow this winter, roads and buildings were blanketed by heavy snow.

Japan: Niigata blanketed by 10 feet of snow

Extensive flooding in Botswana's capital, Gaborone has left roads closed and large areas under water. Botswana's President Dumo Boko said in a post on social media that the capital was facing the devastating impact of heavy rains and flooding.

Drone video shows extensive flooding in Gaborone

Dangerously cold conditions will be impacting over 60 million Americans till the weekend, spanning a large swath of the US and setting the stage for widespread disruptions from a winter storm.

Temperature drop 50° F below average in US states

Nepal's Foreign Minister Arzu Rana Deuba requested Odisha Education Minister Suryabanshi Suraj to make arrangements for an impartial investigation into the death of a Nepalese student and take legal action against the culprit. Watch this report for more details!

KIIT Suicide Row: Nepal's FM Deuba speaks with Odisha's education minister

Rekha Gupta takes oath as Delhi Chief Minister at Ramlila ground

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