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Air India, Singapore Airlines to deepen ties with ‘cooperation framework’

January 16, 2026
Finance

NEW DELHI, Jan 16 (Reuters) – Air India and Singapore Airlines on Friday announced an agreement to improve cooperation between the two flag carriers, a step towards offering more routes, coordinating schedules and broadening the scope of their collaboration outside their home markets. The pact, described by the two airlines as a “commercial cooperation framework agreement”, comes as Air India faces a financial hit from an airspace ban imposed by Pakistan, which has forced the airline to discontinue some routes to the U.S. from India. The airlines said the agreement could include expanding both carriers’ corporate travel programmes, a key

South Korean court sentences Yoon to 5 years in prison on charges related to martial law decree

January 16, 2026
Politics

SEOUL, South Korea, January 16, 2026 (AP) — A South Korean court sentenced former President Yoon Suk Yeol to five years in prison Friday in the first verdict from eight criminal trials over the martial law debacle that forced him out of office and other allegations. Yoon was impeached, arrested and dismissed as president after his short-lived imposition of martial law in December 2024 triggered huge public protests calling for his ouster. The most significant criminal charge against him alleges that his martial law enforcement amounted to a rebellion, An independent counsel has requested the death sentence over that charge,

Rupee crashes 50 paise to settle near all-time low at 90.84 against US dollar

January 16, 2026
Finance

Mumbai, Jan 16 (PTI) The rupee tumbled for the third straight session and lost 50 paise to settle near its lowest level at 90.84 (provisional) against the US dollar on Friday, amid rising crude oil prices and sustained outflow of foreign funds. Volatile global sentiment and a firm American currency accelerated the withdrawal of foreign institutional investors, even as domestic investors resorted to value buying, forex traders said. According to traders rupee faced pressure after data released on Thursday showed India’s trade deficit widened slightly to USD 25.04 billion in December 2025, compared to USD 24.53 billion in November and

At top UN court, Myanmar denies deadly Rohingya campaign amounts to genocide

January 16, 2026
Politics

THE HAGUE, Netherlands, January 16, 2026 (AP) — Myanmar insisted Friday that its deadly military campaign against the Rohingya ethnic minority was a legitimate counter-terrorism operation and did not amount to genocide, as it defended itself at the top United Nations court against an allegation of breaching the genocide convention. Myanmar launched the campaign in Rakhine state in 2017 after an attack by a Rohingya insurgent group. Security forces were accused of mass rapes, killings and torching thousands of homes as more than 700,000 Rohingya fled into neighboring Bangladesh. “Myanmar was not obliged to remain idle and allow terrorists to

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