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Asian markets swung Wednesday, continuing their yo-yo start to the year as traders assess the economic outlook with Donald Trump back in the White House, with focus now on the release of key US inflation data.

Last year's finalist and fifth seed Zheng Qinwen was knocked out of the Australian Open in straight sets on Wednesday in the biggest shock of the tournament so far.

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy.

China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.

Defending champion Aryna Sabalenka battled through serving woes Wednesday to make the Australian Open third round, but it was a less-than-convincing display by the world number one.

South Korea has endured six weeks of political turmoil since President Yoon Suk Yeol declared martial law and sent soldiers and helicopters to parliament.

After travelling to Tokyo for meetings, Yoshiki Kojima's IT company employees crash out in a capsule hotel, as a tourism boom makes regular rooms too pricey for business trips.

Above the roaring fires devastating parts of Los Angeles is an incongruous sight: air tankers dropping gallons of bright red and Barbie-pink slurry over forest, homes, cars, and anything else that might lie in the blazes' path.

South Korean President Yoon Suk Yeol was arrested on Wednesday over his failed martial law bid, after hundreds of anti-graft investigators and police raided his residence to end a weeks-long standoff.

Mediators were making a final push Wednesday to seal a Gaza truce and hostage release deal, after a Qatari official involved in the talks expressed hope an agreement could be reached "very soon".

Billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg will attend Donald Trump's inauguration next week, NBC news reported Tuesday, further highlighting the tech moguls' efforts to develop closer ties with the incoming president.

A huge federal probe was under way Tuesday into what caused the deadly Los Angeles wildfires, with millions in the city clamoring for answers.

Different values, different spelling -- different country. Donald Trump's unlikely plan for Canada to become the 51st US state is leading to a surge of national pride north of the border and a pushback against an often imposing neighbor.

Do people with obesity have an illness? A panel of global health experts looking at this controversial question announced Wednesday that the definition of obesity should be split into two categories -- and diagnosed using more accurate measurements.

South Korean investigators and police entered the residence of impeached President Yoon Suk Yeol on Wednesday seeking his arrest over a failed martial law bid, with officers using ladders to breach his compound.

US President Joe Biden on Tuesday designated two large areas of California as protected national monuments, after the initial ceremony was called off due to wildfires breaking out in Los Angeles.

Cuba said Tuesday it would release 553 prisoners in response to Washington removing the communist country from its list of terror sponsors in a deal hailed by relatives of jailed protesters.

South Korean investigators attempted to arrest impeached President Yoon Suk Yeol on Wednesday over a failed martial law bid, nearing his residence after using ladders to enter the compound.

Defending champion Stephen Williams, former winner Jay Vine and 2018 Tour de France victor Geraint Thomas headline the 25th staging of Australia's Tour Down Under this week, heralding the new UCI WorldTour season.

GoodData experienced a transformative year in 2024, achieving its strongest fourth quarter to date, marked by 30% annualized growth, robust customer acquisition, and groundbreaking advancements in AI-powered product offerings.

HIGHLIGHTS

Chelsea boss Enzo Maresca expressed his concern at the Blues' reaction to conceding in a 2-2 draw at home to Bournemouth as their winless Premier League run stretched to five games on Tuesday.

Arne Slot insisted Liverpool deserved to beat Nottingham Forest after the "outstanding" Premier League leaders needed Diogo Jota's equaliser to rescue a 1-1 draw against their title rivals.

Pep Guardiola said Manchester City's lack of care with the ball was the reason for their late collapse from 2-0 up to draw 2-2 at Brentford on Tuesday.

Roberto De Zerbi's Marseille were dumped out of the French Cup on Tuesday, losing to Lille on penalties in a dramatic tie in the last 32 at the Velodrome after Luis Henrique's stunning strike had rescued them in normal time.

Liverpool's charge towards the Premier League title was halted by stubborn Nottingham Forest in a 1-1 draw between the top two on Tuesday as Manchester City's resurgence came undone in a 2-2 draw at Brentford.

Novak Djokovic and Aryna Sabalenka will step up their bids for tennis history at the Australian Open on Wednesday, where Carlos Alcaraz, Coco Gauff and Naomi Osaka will also be in second-round action.

Golf superstar Tiger Woods has pledged support for communities devastated by the wildfires that have killed at least 24 people and changed the face of Los Angeles over the past week.

Liverpool's charge towards the Premier League title was halted by stubborn Nottingham Forest in a 1-1 draw between the top two on Tuesday as Manchester City's resurgence came undone in a 2-2 draw at Brentford.

Cuba said Tuesday it would release 553 prisoners in response to an announcement from Washington that it will remove the communist country from its list of state sponsors of terrorism.

Stock markets moved in different directions Tuesday with traders' attention fixed on President-elect Donald Trump's tariff plans, earnings updates and inflation data.

A second-half goal from Alex Grimaldo sent Bayer Leverkusen to a 1-0 home win over Mainz, closing the gap with league leaders Bayern Munich to one point.