Author: MNK News

Topline A Jeju Air plane crash in South Korea became the country’s deadliest plane disaster in decades Sunday, killing 179 people with only two survivors and shocking the country and world, prompting an investigation into whether bird strikes, weather or other issues caused the crash. The Jeju Air plane crash killed 179 people in South Korea on Sunday. (Photo by JUNG YEON-JE/AFP via … [+] Getty Images)AFP via Getty Images Key Facts Jeju Air flight 7C 2216, a Boeing 737-800, crashed just after 9 a.m. Sunday, minutes after an air control tower issued a bird strike warning to the pilot.…

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HONG KONG (AP) — China’s factory activity expanded at a slower pace in December, official data showed on Tuesday, despite recent stimulus measures and in the face of increasing trade risks. The Purchasing Managers’ Index, based on a survey of factory managers, slipped to 50.1 in December from 50.3 the previous month, the National Bureau of Statistics said Tuesday. It was the third straight monthly reading above 50, a level that indicates an expansion of manufacturing activity. The slowdown in factory activity was due to a “decline in the output component,” according to a note by Capital Economics’ Gabriel Ng.…

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MOUNT MAUN­GANUI: Crucial wickets to Jacob Duffy and a rollicking cameo with the bat by Mitchell Hay saw New Zealand beat Sri Lanka to wrap up their Twenty20 series with a game to spare at Mount Maunganui on Monday. New Zealand made 186-5 in their 20 overs, with player-of-the-match Hay cracking an unbeaten 41 from 19 deliveries. Sri Lanka in reply were all out for 141 with Duffy taking four wickets for a miserly 15 runs, including the tourists’ top scorers Kusal Perera for 48 and Pathum Nissanka for 37. “I said at the start whoever could use the wind…

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The infamous hacker group, under the guise of “Blockchain Bandit,” made a grand comeback with a sensation of merging 51,000 Ether into a single wallet, which totaled $172.2 million, almost two years after being inactive. Funds transfer occurred between 8:54 pm and 9:18 pm UTC on Dec. 30 from 10 inactive wallet addresses into a multi-signature wallet labeled as “0xC45…1D542.” Each transaction accounted for 5,000 ETH. Among them, the ones that had been on Jan. 21, 2023, all were the ones that the blockchain bandit transferred 470 Bitcoin (BTC) along with Ethereum (ETH). Diagram detailing the consolidation of $172.2 million…

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LONDON: Liverpool thrashed West Ham United 5-0 at the London Stadium to stretch their Premier League lead to eight points on Sunday with Mohamed Salah once again in irrepressible form. Luis Diaz, Cody Gakpo, Salah, Trent Alexander-Arnold and Diogo Jota were on target for the rampant Reds in east London as they ended the year as huge favourites to deliver just a second league title in 35 years. Salah has been enjoying a vintage season despite uncertainty over a new contract and scored once and provided two assists as Liverpool dismantled their outclassed hosts. Reports in recent weeks have suggested…

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Harris Dickinson and Nicole Kidman in “Babygirl.”A24 Babygirl writer-director Halina Reijn is defending the age gap between Nicole Kidman and Harris Dickinson’s characters in the new erotic thriller. Rated R, Babygirl opened in theaters on Christmas Day. In the film, Kidman plays Romy, a powerful corporate CEO who has a steamy extra-marital affair with a new intern, Samuel (Dickinson) at her company. ForbesWhen Is Nicole Kidman’s Steamy Thriller ‘Babygirl’ Coming To Streaming?By Tim Lammers While the ages of the Kidman and Dickinson’s characters are not discussed in Babygirl, the large age gap between the two characters is acknowledged. In real…

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Stocks fell on Monday, with the woes of the three major indexes continuing in the final week of the year as an otherwise strong 2024 comes to a close. The benchmark S&P 500 (^GSPC) slipped more than 1% while the tech-heavy Nasdaq Composite (^IXIC) fell roughly 1.2%. The Dow Jones Industrial Average (^DJI) fell about 0.8%. Stocks moved lower as the 10-year Treasury yield (^TNX) retreated from a seven-month high to hover near 4.55%. Stocks closed out last week with a Friday slide from Big Tech names like Tesla (TSLA) and Nvidia (NVDA), with the Nasdaq Composite falling 1.5% and…

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SACRAMENTO, CALIFORNIA – DECEMBER 26: Keegan Murray #13 of the Sacramento Kings dribbles the ball … [+] against the Detroit Pistons at Golden 1 Center on December 26, 2024 in Sacramento, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ezra Shaw/Getty Images)Getty Images The Sacramento Kings have become a bit of a mess this season, winning just 13 of their first 32 games, firing head coach Mike Brown, and seeing third-year forward Keegan Murray become a…

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(Reuters) -Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae (FNMA) and Freddie Mac (FREGP) from conservatorship, potentially making them private companies again, the billionaire investor said on Monday. Shares of Fannie Mae climbed 18.4%, while those of Freddie Mac rose 18% following Ackman’s post on social media platform X. According to Ackman’s post, Fannie Mae and Freddie Mac may emerge from conservatorship in the next two years, potentially leading to their public listing around 2026. Fannie and Freddie, which operate as for-profit corporations with private shareholders, were created by Congress with the mission of expanding the national…

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Seraphim Czecker, the head of growth at Ethena, has announced he is stepping down. Czecker shared the “big personal news” in a post on X, revealing that his exit as head of growth at the synthetic dollar protocol comes after an incredible journey that has seen the project grow into one of decentralized finance ecosystem’s top platforms. “It has been a truly incredible and rewarding journey,” he wrote. “I joined the protocol around the seed round, drove $1B+ in DeFi partnerships while making sure Ethena is on your mind 24/7 and had incredible fun while doing it.” The outgoing Ethena…

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