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Nickel smelting in Indonesia, which controls nearly 70 per cent of global production.

How a reclusive ex-Glencore trader became Indonesia’s nickel king

In less than a decade, Arif Kurniawan has gone from earning pay cheques at Glencore to controlling about a third of his country’s domestic trade in nickel ore.

New York Attorney General Letitia James, left, administers the oath of office to mayor-elect Zohran Mamdani, center, as his wife Rama Duwaji looks on.

Mamdani digs in on progressive agenda as mayor of New York City

The new mayor reiterated plans to introduce free childcare and bus transportation, and to freeze rent for tenants in stabilised apartments.

LVMH’s Belmond blames Carlyle unit for fatal Machu Picchu train crash

In a letter to the office of the prime minister, it said Inca Rail had transited through an unauthorised part of the tracks, leading to the head-on collision.

Ukraine fakes commander’s death, tricks Russia into paying bounty

Denis Kapustin, one of the most prominent anti-Putin Russians fighting on behalf of Ukraine, was reported dead this week, assassinated by a drone on the front.

How the fire that killed 40 in an upmarket Swiss resort bar started

A barmaid, carried on the shoulders of a colleague, held a sparkler-topped bottle above her head near the basement’s ceiling, setting it alight, witnesses said.

40 dead, Australian injured in upmarket Swiss ski resort bar fire

A further 114 people were hurt, most seriously, police said, as the crowded Le Constellation venue morphed from a scene of New Year’s revelry into tragedy.

Opinion & Analysis

Ignore Trump, sleeping more is not a sign of weakness

Tireless energy and dynamism has been championed by Donald Trump and Japan’s prime minister Sanae Takaichi.

Contributor

Leo Lewis

Five reasons to be optimistic about the 2026 US economy

It’s been a turbulent year for the US economy thanks to Donald Trump’s tariffs, a cost of living crisis and labour shortages. But investors should take heart.

Allison Schrager

Contributor

The reality of antisemitism is London children doing lockdown drills

When parents are watching their darlings take part in nativity productions and carol concerts, at Jewish schools children are rehearsing for terror attacks.

Elisa Bray

Contributor

‘Brazilian Nadal’, phoney books and other AI blunders of the year

From journalism to law to professional services, few industries have escaped our hapless misuse of this troubling technology.

Columnist

Pilita Clark

From the Financial Times

President Donald Trump appears to be napping during a Cabinet meeting in early December.

Ignore Trump, sleeping more is not a sign of weakness

Tireless energy and dynamism has been championed by Donald Trump and Japan’s prime minister Sanae Takaichi.

‘Brazilian Nadal’, phoney books and other AI blunders of the year

From journalism to law to professional services, few industries have escaped our hapless misuse of this troubling technology.

Is Die Hard really a Christmas movie?

Yes, the movie is set around Christmas time, but it’s hardly festive and contains no strong Yuletide message.

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Yesterday

Police officers inspect the area where a fire broke out at the Le Constellation bar and lounge leaving people dead and injured, during New Years celebration, in Crans-Montana, Swiss Alps, Switzerland, Thursday, Jan. 1, 2026. (Alessandro della Valle/Keystone via AP)

Photos: Dozens dead after fire at Swiss Alps bar

Dozens of people are presumed dead and about 100 injured, most of them seriously, after a fire at a bar in a Swiss Alps resort town.

UK hacker who ‘barely finished school’ wins visa by breaching DFAT

Jacob Riggs, 36, hacked into the site in less than two hours to show he had the expertise required for a rare permit given only to highly skilled professionals.

This image made from undated video provided by the Russian Defence Ministry Press Service shows a man standing by what it said was a downed drone involved in an alleged attack on a residence of President Vladimir Putin.

Russia releases ‘laughable’ video of downed Ukrainian drone

An investigation found none of Vladimir Putin’s neighbours heard a sound and that less than half of the reported drones even flew into the region.

Drummers pound in the new year as others mark 2026 with defiance, hope

A countdown to midnight was projected onto the Arc de Triomphe in Paris and Russians celebrated in snowy Moscow. In Japan, temple bells rang.

Amal Clooney, left, and George Clooney at the 78th Tony Awards in New York last year.

‘Mediocre’: Trump celebrates French citizenship for George Clooney

In a Truth Social post, the US president also used the news to criticise France’s open borders, while referring to Joe Biden’s immigration policies.

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Queen Camilla: “I thought, well, if I’ve got a tiny soapbox to stand on, I’d like to stand on it.”

‘Furious’: Queen Camilla recalls being groped on a train as a teen

Camilla said she decided to speak up because domestic violence has been a “taboo subject” for so long that most people don’t realise how bad the situation was.

This month, a brief period of bullish positioning on the dollar reverted to the more pessimistic stance that’s dominated since the April tariffs fuelled concerns about the US economy.

US dollar set for worst year since 2017 with Fed drama centre stage

With at least two rate reductions priced in for this year, the US’s policy path diverges from some of its developed peers, further dimming the dollar’s appeal.

Vladimir Putin told Donald Trump that Russia would revise its negotiating position in the peace negotiations, claiming that Ukrainian drones had targeted one of his residences.

Trump shares editorial critical of Putin after setback in talks

The New York Post lists Russia’s support for Iran, and its backing for Venezuela, to argue that “across the world, Russia is opposing Trump’s agenda”.

Emmanuel Macron.

France aims to ban under-15s from social media: report

President Emmanuel Macron wants to follow Australia whose world-first ban for under-16s on social media platforms came into force in December.

“We must remain anchored to our objectives, maintain firm confidence, and build on our momentum,” he said.

Xi touts China’s AI, chip wins in triumphant New Year’s speech

China had “overcome numerous difficulties and challenges”, Xi Jinping said, as he sought to underscore China’s status as a rising global superpower.

December 2025

Gina Rinehart has added billions to her wealth in 2025.

Gina Rinehart and fellow billionaires add record $3.3trn in wealth

The world’s richest people have added hugely to their wealth in 2025 - but some billionaires had better fortunes than others.

Redford to Goodall: A procession of giants who died in 2025

As 2025 winds to a close, here are some of those who will not be with us as the new year begins. Many are famous and all left a legacy.

Volodymyr Zelensky, president of Ukraine, speaks to the press at the Khmelnytskyi Nuclear Power Plant.

How Zelensky opened Ukraine’s corruption floodgates

Ukrainian leaders blame independent advisers for failing to prevent graft, but a probe has found President Volodymyr Zelensky’s own team removed guardrails.

Joel Edgerton in Train Dreams.

The Aussie bruiser channelling Robert Redford in Hollywood

Joel Edgerton opens up about his family, his life and his role in a new deeply moving Oscar contender following one man’s life as a logger in the early 20th century.

Unreleased music was reportedly stolen from a rental car used by one of Beyoncé’s choreographers just days before she began her Cowboy Carter shows in Atlanta.

Beyoncé just became a billionaire. Here’s how

She has become only the fifth musician to enter Forbes magazine’s billionaire club, and the third female pop star to make the list, by selling out arenas.

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JFK’s granddaughter dies at 35 in new Kennedy tragedy

An environmental journalist and child of Caroline Kennedy, she recently wrote of her battle with leukemia in The New Yorker, drawing worldwide sympathy.

Jerome Powell told reporters earlier in December that the Fed was well-positioned to wait and see how the economy evolves.

Fed minutes show most officials expect further rate cuts

The minutes demonstrated ongoing division among policymakers over the factor posing the greater peril to the US economy – inflation or the jobless rate.

Protesters march in downtown Tehran on Monday.

‘Death to the dictator’: Rare mass protests erupt across Iran

Iranian students are chanting pro-women and anti-Khamenei slogans amid a worsening economic crisis in the country, as inflation hits more than 42 per cent.

Sam Altman, the CEO of OpenAI.

OpenAI offers $828,000 salary to protect humans from rogue AI

The maker of ChatGPT is recruiting for a “head of preparedness” to address the fast-evolving technology’s rising threat.

A mural in Kuala Lumpur marks missing Malaysia Airlines flight 370.

This company’s secret mission to solve MH370’s disappearance

British survey firm Ocean Infinity will use underwater robots to search for the plane’s wreckage on a potentially lucrative “no find, no fee” basis.