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Benchmarks in Britain and South Korea hit records as world shares get an upbeat start to 2026

AP News BANGKOK (AP) — World markets began 2026 with gains, with benchmarks in Britain and South Korea hitting records as optimism over the future of artificial intelligence carried over into the new year.

In early European trading, the FTSE 100 in London jumped 1% to an intraday record of 10,033.94. It was the first time the FTSE had surpassed 10,000, supported by heavy buying of precious metals miners such as Fresnillo, which gained 5.7%, and Anglo American, which was up 1.5%.

Miners have rallied due to recent gains in the prices of gold, silver and copper.
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Trump and top Iranian official exchange threats over protests roiling Iran

AP News DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump and a top Iranian security official exchanged dueling threats Friday as widening economic protests swept across parts of the Islamic Republic, further escalating tensions between the countries after America bombed Iranian nuclear sites in June.

Trump initially wrote on his Truth Social platform, warning Iran that if it “violently kills peaceful protesters,” the United States “will come to their rescue.” At least seven people have been killed so far in violence surrounding demonstrations.

“We are...
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Indonesia’s new penal code takes effect, marking historic break with colonial law

AP News JAKARTA, Indonesia (AP) — Indonesia on Friday began enforcing its newly ratified penal code, replacing a Dutch-era criminal law that had governed the country for more than 80 years and marking a major shift in its legal landscape.

Since proclaiming independence in 1945, the Southeast Asian country had continued to operate under a colonial framework widely criticized as outdated and misaligned with Indonesia’s social values. Efforts to revise the code stalled for decades as lawmakers debated how to balance human rights, religious norms and local traditions in the world’s most...
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A fire in a Swiss ski resort bar has left about 40 people dead

AP News CRANS-MONTANA, Switzerland (AP) — Axel Clavier felt like he was suffocating inside the Swiss Alpine bar where moments before he'd been ringing in the new year with friends and dozens of other revelers.

The 16-year-old from Paris escaped the inferno, which broke out after midnight Thursday, by forcing a window open with a table. But about 40 other partygoers died, including one of Clavier's friends, falling victim to one of the worst tragedies in Switzerland's history.

The blaze also injured about 115 people, many of them in their teens to mid-20s, as it ripped through...
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Oregon-Indiana headed for a rematch, Ole Miss to play Miami as college football's final four is set

AP News MIAMI GARDENS, Fla. (AP) — When Indiana met Oregon in October, the game served as the best test yet of whether the Hoosiers were a one-year wonder or a program that was here to stay.

They met that challenge with a double-digit win that snapped Oregon's 18-game home winning streak. Next week comes a rematch with a trip to the national title game at stake.

A pair of Big Ten blowouts in Thursday's quarterfinals — Indiana 38, Alabama 3 and Oregon 23, Texas Tech 0 — set up Oregon-Indiana, Part 2 in the national semifinals at the Peach Bowl next Friday.
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Top Stories

  • Trump and top Iranian official exchange threats over protests roiling Iran
  • A fire in a Swiss ski resort bar has left about 40 people dead
  • Kim’s daughter visits family mausoleum, promoting her potential status as heir in North Korea
  • Woman killed in suspected mountain lion attack while hiking in northern Colorado
  • Top-seeded Indiana routs Alabama 38-3 for its first Rose Bowl victory, roaring into CFP semifinals
  • Maduro open to US talks on drug trafficking, but silent on CIA strike
  • At least 7 reported killed during widening protests in Iran sparked by ailing economy
  • Defense carries the day for Oregon, as Ducks move into CFP semifinals by topping Texas Tech 23-0
  • Young Palestinian boy drowns in muddy water flooding his Gaza tent camp, UN says
  • Zohran Mamdani promises to govern 'expansively and audaciously' in inaugural speech as NYC mayor

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Entertainment

  • Rain soaks Rose Parade in California and snow squalls hit Midwest and Northeast on first day of 2026
  • Bad Bunny's 'Debí Tirar Más Fotos' could make Grammy history
  • French government defends granting citizenship to George and Amal Clooney
  • Disney World worker is injured trying to stop runaway boulder at Indiana Jones show

Sports

  • Oregon-Indiana headed for a rematch, Ole Miss to play Miami as college football's final four is set
  • LSU football coach Kiffin attends Tigers' women's hoop game as Ole Miss beats Georgia at Sugar Bowl
  • Chambliss, Carneiro lift Mississippi past Georgia 39-34 in Sugar Bowl and into CFP semifinals
  • Top-seeded Indiana routs Alabama 38-3 for its first Rose Bowl victory, roaring into CFP semifinals
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