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Hana Financial Group Seeks ‘Balanced Growth’ With Non-Bank Turnaround

South Korean man walks in front of the Hana Financial Group headquarters in Seoul, South Korea, 23 November 2010. Hana Financial Group said on 1 February 2026 it will accelerate efforts to boost performance at its non-bank affiliates year 2026, marking a pivotal shift toward more balanced growth as its banking unit continues to dominate earnings. File. Photo by JEON HEON-KYUN / EPA

Feb. 1 (Asia Today) — Hana Financial Group said Sunday it will accelerate efforts to boost performance at its non-bank affiliates this year, marking a pivotal shift toward more balanced growth as its banking unit continues to dominate earnings.

Last year the group posted a record net profit of 4 trillion won (about $2.9 billion), up 7.1% from a year earlier, driven primarily by strong results at Hana Bank. But performance at securities, insurance and card units lagged, dragging the non-bank contribution to overall profit down to about 12% from nearly 16% the previous year.

“We expect the normalization of performance for the group’s non-bank subsidiaries to begin in earnest starting this year,” the group said, calling 2026 the first year of “non-bank normalization.”

Under Chairman Ham Young-joo, Hana has set a target of raising non-bank profit share to 30% by 2027. But with the sector’s recent weak showing, he has emphasized to employees that “the non-banking sector cannot continue as it is.”

Hana Securities saw net profit fall nearly 6% last year to 212 billion won (about $147 million), while Hana Card’s profit slipped about 2% to 217.7 billion won (about $151 million). Hana Insurance’s deficit widened to 47 billion won. Hana Life Insurance did return to profit, posting 15.2 billion won (about $32.5 million) after a 7 billion won loss (about $4.8 million) the prior year, but its contribution remains limited.

To strengthen non-bank performance this year, the group said it is laying groundwork to secure profitability-focused growth engines and improve asset quality. Chairman Ham said non-bank results will be “key to improving the group’s return on equity,” projecting an 11-12% ROE if sufficient returns can be generated relative to capital.

Moves already under way include a newly launched commercial paper issue by Hana Securities, laying the foundation for broader venture capital supply, and plans to contribute about 18 trillion won (about $12.44 billion) this year to productive finance, including direct corporate investments.

Hana Card is also poised to play a role in a planned stablecoin consortium, with its distribution and payment functions seen as essential to linking stablecoins with the real economy. Last year, the card unit signed agreements with partners including EQBR and TravelWallet to explore stablecoin-based payment and settlement services.

In the insurance sector, the group is exploring acquisitions to build scale. It participated in due diligence for Lotte Insurance and recently submitted a letter of intent to acquire Yebyeol Insurance, potentially expanding its insurance portfolio.

A financial industry insider said Hana’s push to create synergies across its wealth management and capital markets divisions could help its non-bank units evolve into top-tier players – a shift that could help lift group net profit beyond the 5 trillion won (about $3.46 billion) mark over time.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260202010000254

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Trump threatens to sue Trevor Noah over Epstein Island joke at Grammys

Feb. 2 (UPI) — President Donald Trump has threatened to sue Trevor Noah over a joke the comedian made while hosting Sunday night’s Grammy Awards.

“It looks like I’ll be sending my lawyers to sue this poor, pathetic, talentless dope of an M.C., and suing him for plenty$,” Trump said Sunday night in a statement on his Truth Social media platform.

Trump frequently pursues lawsuits against critics and media organizations over comments he says damaged his reputation, drawing criticism from opponents who accuse him of trying to silence dissent.

Noah, a South African comedian who has hosted the Grammy Awards since 2021, attracted the ire of the American president with a joke about Trump’s relationship with the convicted sex offender and disgraced financier Jeffrey Epstein.

After awarding singer Billie Eilish the song of the year award, Noah remarked: “That is a Grammy every artist wants — almost as much as Trump wants Greenland, which makes sense, I mean, because Epstein’s island is gone he needs a new one to hang out with Bill Clinton.”

There is no verified evidence that either president visited Epstein’s Little Saint James Island, which has been linked to sex crimes committed by Epstein against minors.

“Noah said, INCORRECTLY about me, that Donald Trump and Bill Clinton spent time on Epstein Island. WRONG!!!” Trump said in his statement.

“I can’t speak for Bill, but I have never been to Epstein Island, nor anywhere close, and until tonight’s false and defamatory statement, have never been accused of being there, not even by the Fake News Media.”

Trump and Epstein, who died in jail by apparent suicide in 2019 while awaiting trial for sex-trafficking charges, were friends dating back to the 1980s. The American president said in July that they had a falling out in the early 2000s after Epstein “stole” spa staff from his Mar-a-Lago resort including Epstein accuser Virginia Giuffre, who died by suicide in April.

On Friday, the Justice Department released millions of pages from its investigation into Epstein. Included in the documents were unverified claims and allegations submitted to the FBI that mention Trump in connection with alleged sex crimes involving minors.

Trump has denied wrongdoing. Justice Department Deputy Attorney General Todd Blanche told CNN’s State of the Union on Sunday that allegations included in the documents against Trump and others were “very quickly determined to not be credible.”

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Seoul stocks dip over 5 pct on Fed chair nomination, drop in gold prices

The closing benchmark Korea Composite Stock Price Index is seen on a screen inside the dealing room of Hana Bank in central Seoul on Monday. Photo by Yonhap

South Korean stocks nosedived by more than 5 percent Monday, due largely to a risk-averse sentiment following the nomination of the new Federal Reserve chair, and a sharp decline in silver and gold prices. The Korean won plunged against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) tumbled 274.69 points, or 5.26 percent, to close at 4,949.67, snapping a four-session winning streak.

The country’s main bourse operator, the Korea Exchange (KRX), issued a sell-side circuit breaker for 5 minutes around noon.

Trade volume was heavy at 568.8 million shares worth 32 trillion won (US$21.9 billion). Losers outnumbered winners 795 to 116.

Foreign and institutional investors offloaded a net 2.5 trillion won and 2.2 trillion won, respectively. Retail investors, on the other hand, went bargain hunting and snapped up a net 4.6 trillion won.

Local stocks came under selling pressure following the nomination of Kevin Warsh, seen widely as a hawkish figure, as Fed chair, and sharp declines in silver and gold prices, according to Lee Kyoung-min, an analyst from Daishin Securities.

“A sharp drop in precious metals triggered the liquidation and margin call of derivatives holding them. This in turn led to the forced liquidation of other assets, as investors went to preserve margins, further amplifying the stock market’s decline,” Lee said.

International gold prices have experienced a sharp decline of over 10 percent in the past few days, while sliver prices plunged over 30 percent.

The local gold market was affected, too, with gold traded on the KRX falling to its lowest permissible limit of 10 percent Monday. It marked the first time KRX gold prices fell to the floor since the market opened in March 2014, according to the bourse operator.

“There is a possibility the benchmark KOSPI could take a breather, considering its sharp gains recently, but a daily decline of 4 to 5 percent seems excessive,” Han Ji-young, a researcher at Kiwoom Securities, said.

Shares closed lower across the board.

Market top-cap Samsung Electronics declined 6.29 percent to 150,400 won, while its chipmaking rival SK hynix tumbled 8.69 percent to 830,000 won.

Top car marker Hyundai Motor retreated 4.4 percent to 478,000 won, bio firm Celltrion lost 3.33 percent to 203,000 won, and defense giant Hanwha Aerospace closed down 4.69 percent to 1,239,000 won.

Financial shares were among the few winners.

Hana Financial Group added 3.2 percent to 103,300 won, and Meritz Financial Group inched up 0.69 percent to 117,400 won.

The Korean won was quoted at 1,464.3 won against the U.S. dollar at 3:30 p.m., down 24.8 won from the previous session.

Bond prices, which move inversely to yields, closed lower. The yield on three-year Treasurys rose 1.4 basis points to 3.152 percent, and the return on the benchmark five-year government bonds rose 1.2 basis points to 3.448 percent.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

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Mexico to send humanitarian aid to Cuba amid Havana-Washington tensions

Mexican President Claudia Sheinbaum, seen speaking in a November 2024 press conference, announced on Sunday plans to send humanitarian aid to Cuba. File Photo by Isaac Esquivel/EPA-EFE

Feb. 2 (UPI) — President Claudia Sheinbaum of Mexico announced over the weekend plans to send humanitarian aid to Cuba amid rising tensions between Havana and Washington.

Since President Donald Trump oversaw last month’s U.S. military seizure of Venezuela’s authoritarian leader, Nicolas Maduro, he has focused on Cuba, warning that the nation is on the precipice of failing. Last week, Trump declared a national emergency in relation to Cuba and announced a mechanism to impose sanctions against any nation that provides the island nation with oil.

In the southwestern city of Guaymas, Sonora, on Sunday, Sheinbaum said Mexico plans to send food, household goods and essential supplies to Cuba through the Secretariat of the Navy while seeking to address the shipment of oil to the Caribbean island via “diplomatic channels,” according to a readout from her office.

“We are already doing all the work necessary to send humanitarian aid that the Cuban people need — other household items and supplies,” Sheinbaum said.

“That is important.”

Commenting on whether she has addressed Trump about the issue of shipping Mexican oil to Cuba, Sheinbaum said her secretary of Foreign Affairs, Juan Ramon de la Fuente, has discussed it with his American counterpart, Secretary of State Marco Rubio.

“And as I’ve said, we are exploring all diplomatic avenues to be able to send fuel to the Cuban people, because this is not a matter of governments but of support to prevent a humanitarian crisis in Cuba,” she said.

“In the meantime, we will send food and other important aid to the island.”

Mexico is an important supplier of fuel to Cuba, and even more so since the Trump administration cut off oil Venezuelan oil exports.

Last week, Sheinbaum paused oil shipments to Cuba, but said it was “a sovereign decision.”

Trump and Sheinbaum spoke on the phone for about 40 minutes Thursday and had what the American president called “a very productive conversation” about border-related issues, drug trafficking and trade.

On Thursday night, Trump declared a national emergency in relation to Cuba and the threat of tariffs, heightening uncertainty over Washington’s next steps toward the socialist island nation.

Sheinbaum was reportedly taken by surprise by this announcement, telling reporters during a Friday press conference that “We did not touch on the topic of Cuba,” directing her secretary of Foreign Affairs to get more information from the U.S. State Department.

“The imposition of tariffs on countries that provide oil to Cuba could create a far-reaching humanitarian crisis.”

The United States already enforces a decades-old embargo against Cuba that restricts most industries, while secondary sanctions penalize foreign companies that do business with Havana.

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Russian drone strike on civilian bus kills 12 miners

Feb. 2 (UPI) — A Russian drone strike in Ukraine’s southeastern Dnipropetrovsk region has killed at least 12 miners and injured eight more, according to officials who are accusing the Kremlin of attacking unarmed civilians.

DTEK Group, Ukraine’s largest private energy company, said a Russian drone struck a bus transporting staff from its Dnipropetrovsk mine, resulting in at least 20 casualties.

“The bus was hit as it was taking miners home after their shift,” the company said in a statement.

The strike was part of a large-scale Russian assault on DTEK’s mining facilities in the region, the company said as it extended its condolences to the families and loved ones of those killed.

Maxim Teimchenko, CEO of DTEK, accused Russia of conducting “an unprovoked terrorist attack on a purely civilian target.”

“This attack marks the single largest loss of life of DTEK employees since russia’s full-scale invasion and is one of the darkest days in our history,” he said.

“Their sacrifice will never be forgotten.”

Serhii Berskresnov, a Ukraine Defense Ministry adviser, identified the weapon used in the attack on Telegram as an Iran-made Shahed drone.

Using a MESH radio modem, the drone pilot deliberately attacked the bus after spotting it on the road, he said.

The drone struck near the bus, with its blast wave forcing the driver to lose control and crash into a fence, he said, adding that as the injured were exiting the vehicle, a second Shahed drone struck.

“The operators operating from the territory of Russia 100% saw and identified the target as civilian, saw they were not military and made a conscious decision to attack,” he said.

“This is yet another act of terrorism. I have no words.”

Russia has been widely accused of committing war crimes in its nearly 3-year-old war in Ukraine. From indiscriminate attacks on civilians to executions, torture and forced deportations, Russia has been repeatedly denounced for alleged war crimes that it denies.

The International Criminal Court has formally opened a war crimes and crimes against humanity investigation into Russia’s invasion of Ukraine and has issued arrest warrants for Russian officials, including its authoritarian president, Vladimir Putin.

The strike was one of numerous Russian attacks across Ukraine on Sunday, with Ukrainian President Volodymyr Zelensky stating on X that people throughout the country were without heat and electricity. Railway infrastructure was hit in the Sumy region, he said.

During the month of January, Russia launched more than 6,000 attack drones, 5,550 guided aerial bombs and 158 missiles at Ukraine, Zelensky said.

“Virtually all of it targeted the energy sector, the railways and our infrastructure — everything that sustains normal life.”

On Saturday, Russia bombed a maternity hospital in Ukraine’s southern city of Zaporizhzhia, injuring six people, according to Prime Minister Yulia Svydenko.

“This is the nature of Russia’s war,” she said.

The attacks occurred during a cold February that has seen the temperatures drop well below freezing, according to the country’s hydrometeorological center.

The strikes come despite U.S. President Donald Trump stating last week that Putin promised him that Russia would refrain from hitting Ukraine for a week.

“I personally asked President Putin not to fire into Kyiv and the various towns for a week, and he agreed to that,” he said during a cabinet meeting without making clear which towns, cities and regions that the Russian leader had agreed not to attack.

“We’re very happy that they did it.”

Trump has been pushing since before he returned to office to end the war, which he vowed to do during his first 24 hours back in the White House.

Zelensky confirmed Sunday that dates for the next trilateral meetings for a cease-fire between the United States and Russia have been set for Wednesday and Thursday in Abu Dhabi.

“Ukraine is ready for a substantive discussion, and we are interested in ensuring that the outcome brings us closer to a real and dignified end to the war,” he said.



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One officer killed, another wounded in suburban Atlanta hotel shooting

Feb. 1 (UPI) — One police officer was killed and another wounded in a shooting Sunday at a suburban Atlanta hotel, according to authorities, who said the gunman has been arrested.

The shooting occurred Sunday morning in Stone Mountain, located northeast of Atlanta, the Gwinnett County Police Department said in a statement.

Two officers with the Gwinnett County Police Department were responding to a fraud call at the Holiday Inn Express on 1790 E. Park Place Boulevard shortly before 8 a.m. EST. After the officers made contact, the subject opened fire, striking both Gwinnett County officers.

The suspect, who has since been identified as 35-year-old Kevin Andrews of Decatur, Ga., was struck by return fire, sustaining non-life-threatening injuries.

Officer Pradeep Tamang died from injuries sustained in the shooting, the Gwinnett County Police Department said, adding that the other officer, David M. Reed, underwent surgery at a hospital where he remains in critical but stable condition.

“Our hearts are with the families of Officer Pradeep Tamang and with MPO David Reed, their loved ones and the entire Gwinnett County Police Department during this incredibly difficult time,” Nicole Love Hendrickson, chair of the Gwinnett County Board of Commissioners, said in a statement.

“We are deeply grateful for their continued dedication, and we stand united with our officers, their families and all of you as we navigate this challenging time together.”

Tamang joined the Gwinnett County Police Department in July 2024. Reed, a master police officer, has been with the force since September 2015.

Andrews, the suspect, will be transported to Gwinnett County Jail once he is released from the hospital, authorities said.

The Georgia Bureau of Investigation, which is investigating the shooting, said in a statement that the officers were called to the hotel in response to a South Carolina individual stating their credit card had been fraudulently used there.

The hotel desk manager advised Tamang and Reed that the room in question was being rented to Andrews, whom they spoke to about the alleged fraudulent use of the credit card.

After learning Andrews had an active warrant for failure to appear in DeKalb County, Tamang and Reed attempted to arrest the man, who allegedly pulled out a handgun and fired on the officers.

Andrews has been charged with one count each of malice murder, felony murder and possession of a firearm by a convicted felon and two counts of aggravated assault upon a public safety officer.

“Today, we join @GwinnettPD in mourning the loss of a brave officer and are praying for the swift recovery of another,” Georgia Gov. Brian Kemp said in a statement on X.

“This is the latest reminder of the dangers law enforcement face on a daily basis, and we are grateful for every one that puts themselves in harm’s way to protect their fellow Georgians.”

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Trump to close Kennedy Center for renovations amid backlash from performers | Donald Trump News

United States President Donald Trump has announced plans to close the John F Kennedy Memorial Center for the Performing Arts for two years for renovations starting in July.

Trump’s announcement on Sunday follows a wave of cancellations by leading performers, musicians and groups since the president ousted the previous leadership and added his name to the building.

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Trump made no mention in his post of the recent cancellations.

“I have determined that the fastest way to bring The Trump Kennedy Center to the highest level of Success, Beauty, and Grandeur, is to cease Entertainment Operations for an approximately two year period of time,” he said in a post on his Truth Social platform.

“The temporary closure will produce a much faster and higher quality result!”

The closure will start on July 4, to coincide with the 250th Independence Day celebration.

The decision, Trump said, will be subject to approval of the board, which he handpicked upon taking over as chairman.

The president added that the facility’s various entertainment events – concerts, operas, musicals, ballet performances, and interactive arts – would impede and slow the construction and renovation operations, and that a full temporary closure would be necessary.

“The Trump Kennedy Center, if temporarily closed for Construction, Revitalization, and Complete Rebuilding, can be, without question, the finest Performing Arts Facility of its kind, anywhere in the World,” he said.

“America will be very proud of its new and beautiful Landmark for many generations to come.”

There was no immediate comment from the Kennedy Center.

 

The complex began as a national cultural centre, but was renamed by Congress as a “living memorial” to former President John F Kennedy in 1964, in the aftermath of his assassination.

Opened in 1971, it operates year-round as a public showcase for the arts, including the National Symphony Orchestra.

After Trump took over as chairman of the centre’s board, several entertainers and performers withdrew their performances in protest of the president’s policies.

Among them were the producers of the award-winning musical Hamilton, and international operatic soprano Renee Fleming.

The Washington National Opera recently announced that it would leave the Kennedy Center, its home since the centre’s opening.

Renowned composer Philip Glass also announced on Wednesday the withdrawal of a symphony orchestra performance for Abraham Lincoln, saying that “the values” of the centre “today” are in “direct conflict” with the message of his piece.

Trump had criticised some of the programmes of the once non-partisan centre as too “woke”.

In recent days, the Kennedy Center hosted the premiere of First Lady Melania Trump’s documentary, which saw a record weekend at the box office, but drew mostly negative reviews from film critics.

The extent of the “complete rebuilding” mentioned by Trump is unclear, but he has described the structure as dilapidated and needing a facelift.

In a post on X, Maria Kennedy Shriver, a niece of the slain former president, criticised Trump’s decision without naming him. She suggested that the closure and renovation were made to distract Americans, as “no one wants to perform there any longer”.

Trump’s rebuilding plans for the centre follow a series of measures to reshape US historical and cultural institutions.

He demolished the East Wing of the White House and launched a massive $400m ballroom project, is actively pursuing the building of a triumphal arch on the other side Arlington Bridge from the Lincoln Memorial, and has plans for the Washington Dulles international airport.

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Coupang interim CEO questioned for 12 hours over data leak probe

Harold Rogers, interim CEO of Coupang Corp., arrives at the Seoul Metropolitan Police Agency’s headquarters in Seoul, South Korea, 30 January 2026. Rogers is to be questioned about allegations of evidence destruction in connection to a massive data breach at the company. File. Photo by YONHAP / EPA

Jan. 31 (Asia Today) — Harold Rogers, interim chief executive of Coupang Korea, was questioned for more than 12 hours by police over allegations that the company destroyed evidence during an internal probe into a massive personal data leak.

Rogers arrived at the Seoul Metropolitan Police Agency at about 2 p.m. Thursday and left around 2:22 a.m. Friday. He declined to answer reporters’ questions, including whether he acknowledged the evidence destruction allegations, how the company determined that about 3,000 users were affected, and why he had not appeared for questioning earlier.

Before entering police headquarters, Rogers said Coupang had “fully cooperated with all government investigations and will continue to do so,” adding that the company would also cooperate with the police probe.

Police are investigating whether Coupang conducted an unauthorized “self-investigation” after the data breach and destroyed evidence in the process. The company allegedly analyzed a suspect’s laptop without prior consultation with authorities and publicly announced its own findings, including the estimated scope of the leak.

Investigators reportedly questioned Rogers about Coupang’s actions, including allegedly contacting the data leak suspect in China without police knowledge, retrieving the laptop, and conducting forensic analysis independently.

Attention has also focused on whether Rogers will leave South Korea. Police applied for a travel ban against him after his entry on Jan. 21, but prosecutors rejected the request. Rogers previously left the country earlier this month after completing a two-day schedule of National Assembly hearings.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260131010014003

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Korea-U.S. tariff talks stall as automakers speed U.S. investment

Kim Jeong-kwan, South Korea’s minister of trade, industry and energy, speaks to reporters upon arrival at Incheon International Airport after returning from tariff talks in Washington. Photo by Yonhap News Agency

Feb. 1 (Asia Today) — South Korea’s efforts to head off a proposed 25% U.S. tariff increase stalled after trade talks in Washington ended without agreement, prompting the auto industry to accelerate investment plans in the United States.

Trade, Industry and Energy Minister Kim Jeong-kwan returned to South Korea after two days of discussions with U.S. Commerce Secretary Howard Lutnick on President Donald Trump’s proposed reciprocal tariff hike. The talks, held Wednesday and Thursday in Washington, concluded without concrete results, the ministry said.

During the meetings, Kim stressed that South Korean companies were prepared to expand U.S. investment and said the government was coordinating with the National Assembly to swiftly pass a special law aimed at supporting large-scale Korean investment in the United States.

The proposed legislation is intended to reduce uncertainty for Korean firms and institutionalize strategic economic cooperation between the two countries. Seoul argued that the bill would boost U.S. job creation and economic growth.

U.S. officials, however, reportedly questioned whether the Korean government’s position would translate into concrete action, signaling that legislative intent alone would not be sufficient.

The stalled talks have heightened concerns in South Korea’s auto industry. Hyundai Motor Group, a major exporter to the U.S., is expected to adjust its existing investment strategy to accelerate the pace of spending.

Hyundai Motor President José Muñoz told The Wall Street Journal on Friday that he believes President Trump understands Hyundai’s commitment to the U.S. market and said the company is focused on speeding up its investment plans.

Hyundai previously announced plans to invest $26 billion (about 37.7 trillion won) in the United States by 2030, with a goal of locally producing 80% of the vehicles it sells there.

Industry analysts expect uncertainty surrounding the proposed tariff hike to continue until at least mid-March, as South Korea’s National Assembly plans to process the U.S. investment bill in late February or early March.

Democratic Party policy chief Han Jeong-ae said the bill would first be reviewed by the National Assembly’s finance and economy committee, adding that passage is likely within that timeframe.

The Trump administration has previously indicated it would not discuss tariff reductions until the legislation is approved, suggesting that negotiations on easing the proposed 25% tariff may resume only after the bill’s passage.

Some experts described the tariff threat as a temporary pressure tactic. Kim Pil-soo, a professor of automotive engineering at Daelim University, said the move appears aimed at showcasing policy achievements ahead of U.S. midterm elections, adding that continued investment and passage of the bill could eventually lead to a resolution.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260201010000191

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UK’s ex-ambassador Mandelson quits Labour over Epstein links, reports say | Politics News

BREAKING,

Peter Mandelson says he is stepping down to avoid causing further embarrassment to the governing party.

Peter Mandelson, the United Kingdom’s former ambassador to the United States, has resigned from Prime Minister Keir Starmer’s Labour Party following further revelations of his links to the late sex offender Jeffrey Epstein, UK media have reported.

Mandelson, who was removed as London’s top representative in Washington last year after the emergence of emails detailing his associations with Epstein, said he had resigned to avoid causing further embarrassment to the governing party, the reports said on Sunday.

“I have been further linked this weekend to the understandable furore surrounding Jeffrey Epstein and I feel regretful and sorry about this,” Mandelson said in a letter reported by the BBC and The Guardian.

Mandelson said he believed that reports over the weekend that he had received several payments from Epstein in the early 2000s were false, but that he needed to investigate them, the reports said.

“While doing this I do not wish to cause further embarrassment to the Labour Party and I am therefore stepping down from membership of the party,” Mandelson said, according to the reports.

More to follow…

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NASA starts launch rehearsal for Artemis II mission to the moon

NASA’s Space Launch System rocket, with the Orion spacecraft perched on top, stands on Complex 39B early Sunday at the Kennedy Space Center in Florida as a wet dress rehearsal for the Artemis II mission around the moon gets started. The mission will launch no earlier than February 8. Photo by Joe Marino/UPI | License Photo

Feb. 1 (UPI) — After adjusting its timeline for the last remaining tests of the Artemis II space launch system and Orion capsule because of freezing cold temperatures in Florida, NASA is now pressing ahead in preparation for its launch to the moon.

NASA had planned to start the fueling phase of the wet dress rehearsal for the rocket’s launch cadence on Saturday night, but a blast of Arctic air reached all the way down to Kennedy Space Center in Florida making it too cold to load propellants into the ship’s fuel tanks.

As a result, the fueling tests were pushed back to Monday — and launch will now happen no earlier than Feb. 8 — as the agency held off on powering up the SLS rocket’s core stage until Sunday morning.

“NASA continues to press ahead through the countdown for the Artemis II wet dress rehearsal,” NASA said in a statement. “Teams monitored all systems throughout the overnight hours [Saturday] during cold temperatures and high winds.”

The wet dress rehearsal is a test of the full launch team and the series of complex steps involved in a space launch, which includes engineers in Florida, at Mission Control at Johnson Space Center in Houston and at other NASA facilities.

The tanking phase of the wet dress rehearsal involves loading more than 700,000 gallons of liquid oxygen and liquid hydrogen, as will happen before the actual launch.

The test involves filling, topping off and replenishing the tanks over a series of loading milestones.

Engineers also will start preparing to charge the Orion space capsule’s flight batteries and the core stage battery, in addition finishing preparations of the umbilical arms and a walk down at the launch pad, NASA said.

Tanking operations require an overall outdoor temperature above 41 degrees, and cannot dip below 40 for more than 30 consecutive minutes, during both the rehearsal and actual launch.

The full wet dress rehearsal is a complete countdown simulation — the wet dress countdown started Sunday at minus-39 hours and 30 minutes — and will end with a simulated launch window on Monday around 9:00 p.m. EST, NASA said.

Artemis II’s launch window is currently set for Feb. 8 to Feb. 11, but NASA has previously said that if the rocket is not ready to launch next week that additional launch windows in March and April have been identified.

NASA’s Space Launch System rocket emerges on Saturday morning from the Vehicle Assembly Building to start its journey to Launch Complex 39B at the Kennedy Space Center in Florida. Photo by Joe Marino/UPI | License Photo

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Epstein email reveals plan to access Libya’s frozen state assets | News

Email sent to US sex offender Jeffrey Epstein in 2011 outlines what the sender described as financial and legal opportunities in Libya.

A newly released document shows that an associate of late US financier and convicted sex offender Jeffrey Epstein had outlined plans to pursue access to Libya’s frozen state assets, including seeking potential support from former British and Israeli intelligence officials.

The tranche of documents released by the United States Department of Justice on Friday included an email sent to Epstein that outlines what the sender described as financial and legal opportunities linked to political and economic uncertainty in Libya at the time.

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The email dated July 2011 was sent several months after a NATO-backed uprising against then Libyan President Muammar Gaddafi began. Gaddafi was killed by Libyan rebels in October of the same year.

According to the email, about $80bn in Libyan funds were believed to be frozen internationally, including roughly $32.4bn in the US.

“And it is estimated that the real number is somewhere between three to four times this number in sovereign, stolen and misappropriated assets,” the email states, adding that “if we can identify/recover 5 percent to 10 percent of these monies and receive 10 percent to 25 percent as compensation we are talking about billions of dollars”.

The sender also said certain former members of Britain’s foreign intelligence service, MI6 and Israel’s external intelligence agency, Mossad, had expressed a willingness to assist in efforts to identify and recover “stolen assets”.

The email also referenced expectations that Libya would need to spend at least $100bn in the future on reconstruction and economic recovery.

“But the real carrot is if we can become their go-to guys because they plan to spend at least $100 billion next year to rebuild their country and jump start the economy,” the email said.

The email characterised Libya as a country with significant energy reserves and strong literacy rates, factors it said could be advantageous for financial and legal initiatives.

It also stated that discussions had been held with some international law firms about working on a contingency-fee basis.

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Rafah border crossing between Egypt, Gaza reopens

Feb. 1 (UPI) — The Rafah border crossing between Egypt and Gaza reopened on Sunday morning to limited traffic for the first time in more than two years.

Israeli officials announced that after a trial operation of the crossing it will officially reopen on Monday, first for people leaving Gaza for medical attention and then others will be permitted to leave and enter, a process that will include intense scrutiny of Palestinians who use the crossing, Al-Jazeera reported.

“The Rafah crossing has reopened for movement of people only,” the Israeli Coordinator for Government Activities in the Territories said in a post on X. “The movement of residents in both directions, entry and exit to and from Gaza, is expected to begin tomorrow.”

Israel seized the Rafah crossing in May 2024 after officials alleged that Hamas had been using it to move terrorist operatives and materials in the area.

The seizure also made it more difficult to move supplies and aid into Gaza during Isarel’s war against Hamas after the group’s Oct. 7, 2023, terror attacks in Israel.

Reopening the crossing was part of the cease-fire agreement between Israel and Hamas in October, but Israel had held off on reopening it until it all hostages taken by the terrorist group on Oct. 7 were returned — a process that was not completed until last week.

Israel has said the people leaving or entering Gaza would have to undergo intense screening about what they were doing and why, with 150 people permitted to leave and 50 permitted to enter, an Israeli security official told CNN.

Among those returning, Israeli officials said that Palestinians who left Gaza during the war will also be allowed to return home after they have undergone additional screening.

Although Israel had said that only people would be permitted to use the crossing, NBC News reported that trucks with humanitarian aid were photographed entering Gaza from Egypt’s side of the crossing.

Hospitals and ambulances on the Egyptian side of the crossing have been preparing to receive sick and injured Palestinians, who will be the first people given clearance to leave.

President Donald Trump poses with an executive order he signed during a ceremony inside the Oval Office of the White House on Thursday. Trump signed an executive order to create the “Great American Recovery Initiative” to tackle drug addiction. Photo by Aaron Schwartz/UPI | License Photo



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Israel orders eviction of Bedouins as settlers target West Bank schools | Israel-Palestine conflict News

Israeli occupation authorities have intensified their campaign of forced displacement across the occupied West Bank, issuing expulsion orders to an entire Bedouin community east of Ramallah and escalating demolition policies in occupied East Jerusalem.

The measures come amid a surge in settler violence targeting educational institutions in the Jordan Valley and residential homes in Qalqilya, further shrinking the living space for Palestinians under military occupation.

‘Zone of expulsion’

On Sunday morning, Israeli forces raided the Abu Najeh al-Kaabneh Bedouin community in al-Mughayyir village, east of Ramallah.

Local sources confirmed to the Wafa news agency that soldiers delivered a military order requiring the community’s 40 residents to dismantle their homes and leave the area within 48 hours. The army declared the site a “closed military zone”, a tactic frequently used to clear Palestinian land for settlement expansion.

During the raid, Israeli troops arrested three foreign solidarity activists attempting to document the eviction order.

The expulsion order is part of a widening campaign of ethnic cleansing in the region. It follows the complete displacement of the Shallal al-Auja community north of Jericho, which concluded on Saturday. After years of systematic harassment, the last three families of the community were forced to leave, marking the erasure of a presence that once included 120 families.

Al-Aqsa provocations

In occupied East Jerusalem, Israel’s municipal policies of urban restriction continued to displace Palestinians.

On Sunday, Yasser Maher Dana, a Palestinian resident of the Jabal Mukaber neighbourhood, was coerced into demolishing his 100-square-metre (1,076-square-foot) home. The structure, located in the al-Salaa district, housed four family members.

Israeli authorities routinely force Palestinians in East Jerusalem to execute their own demolition orders to avoid paying exorbitant fees charged by municipal crews and forces if they carry out the destruction themselves. These demolitions are justified by a lack of building permits, which rights groups say are nearly impossible for Palestinians to obtain in the city.

Simultaneously, in Silwan, south of Al-Aqsa Mosque, the municipality issued a demolition order for a residential room belonging to the al-Taweel family, granting them a 10-day deadline. This follows notices issued three days before demolishing two homes belonging to brothers in the Wadi Qaddum neighbourhood.

Tensions also rose at the Al-Aqsa Mosque compound, stormed by dozens of Israeli settlers under heavy police protection. According to the Jerusalem governorate, the incursion included a provocative “wedding blessing” ritual performed by settlers for a bride in the courtyards, a violation of the site’s status quo.

Settlers attack schools and homes

In the northern Jordan Valley, Israeli settlers, backed by the military, disrupted the school day at the al-Maleh School.

Azmi Balawneh, the director of education in Tubas, reported that settlers blocked teachers from reaching the school, which serves children from the vulnerable Bedouin communities of al-Hadidiya, Makhoul, and Samra.

This harassment coincides with the establishment of a new illegal settlement outpost in the al-Maleh area just a week ago. In the nearby Khirbet Samra, settlers erected a new tent on Sunday morning to seize more pastoral land.

Meanwhile, in the village of Faraata, east of Qalqilya, settlers from the illegal “Havat Gilad” outpost attacked the home of Hijazi Yamin.

Yamin told Wafa that settlers pelted his house and unleashed an attack dog on his family, trapping his wife and seven children inside.

“We live in a constant state of insecurity,” Yamin said, noting this was the second attack in a week. “I am afraid to leave my wife and children alone or let them go to school.”

Military raids and closures

Israeli forces conducted multiple raids across the West Bank on Sunday, arresting at least four Palestinians. In Hebron, two brothers were arrested following a raid on their family home. More arrests were reported in the village of Duma, south of Nablus, and in the town of al-Ubeidiya, east of Bethlehem.

In the northern city of Jenin, military vehicles stormed the city centre and the Jabel Abu Dhuhair neighbourhood. During the incursion, troops deliberately destroyed street vendors’ carts at the Cinema Roundabout, targeting the local economy.

Movement restrictions also tightened significantly. For the second consecutive day, the Israeli army closed the main entrance to Turmus Aya, north of Ramallah, and blocked the Atara military checkpoint since the early morning hours, severing connections between northern and central West Bank cities. According to the Colonization and Wall Resistance Commission, Israel now operates 916 military checkpoints and gates throughout the West Bank.

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Arctic blast freezes East Coast from Virginia to Miami

Snow, ice and freezing temperatures have blanketed the Eastern half of the United States for the last week — including US 75 north of Dallas — bringing extreme winter weather to parts of the country, including the Carolinas, Georgia and Florida, that do not generally experience it. Photo by Ian Halperin/UPI | License Photo

Feb. 1 (UPI) — Another blast of Arctic winter weather froze the East Coast, as temperatures farther north dropped below zero, the Carolinas were blanketed with snow and freeze warnings were issued as far south as Miami.

North and South Carolina were hit especially hard with nearly two feet of snow expected over the weekend and wind chills expected to be below zero from Virginia south to Georgia, but most of the Northeast region of the country will see its normal cold winter temperatures, the New York Times reported.

In addition to blizzard conditions in North Carolina, two major highways in Mississippi have remained closed because of icy conditions, power is out in some places and 16 people have died, while in Nashville tens of thousands of people were waiting for their electricity to be turned back on as a result of the massive winter storm.

In Florida, decades old records were broken as temperatures dropped below the 30s nearly everywhere in the state, WPLG reported.

According to weather reports, temperatures were as low as 30 degrees in parts of Miami-Dade County, Pembroke Pines in South Florida saw a wind chill of 24 degrees, Orlando broke a 90-year-old record as temperatures dipped below 30 degrees and snow flurries were seen as far south as Tampa.

The extended period of winter weather in places that normally do not expect it will continue into this week, although the Northeast — New York, New Jersey and Massachusetts, specifically — will see bitter cold continue but the chance for snow is expected to increase.

“Kpop Demon Hunters” stars, left to right, Audrey Nuna, Ejae and Rei Ami arrive on the red carpet for the Pre-Grammy Gala on the eve of the 68th Annual Grammy Awards in Los Angeles on January 31, 2026. Photo by Caroline Brehman/UPI | License Photo

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LA Olympics chief Wasserman issues Maxwell apology, but denies Epstein ties | Olympics News

Files published by the US Department of Justice included flirtatious emails between Casey Wasserman and Epstein associate Ghislaine Maxwell.

Los Angeles 2028 Olympics chief Casey Wasserman has ‍apologised for communicating with ‍convicted sex trafficker Ghislaine Maxwell more than 20 years ago, after the publication of a series of personal emails between the two.

New files related to late financier and sex offender Jeffrey Epstein, Maxwell’s former boyfriend, published by the United States Department of Justice on ⁠Friday, included flirtatious email exchanges between Wasserman, who was married at the time, and Maxwell dating ​from 2003.

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Maxwell is serving a 20-year prison sentence after being found guilty in ‍2021 by a jury in New York on charges including sex trafficking of a minor. Epstein died in jail in 2019 while awaiting trial.

“I never had a personal or business relationship with Jeffrey Epstein,” Wasserman said in a ‍statement on Sunday.

“I ⁠am terribly sorry for having any association with either of them.”

Maxwell was arrested in 2020 after being accused by federal prosecutors of recruiting and grooming girls for sexual encounters with Epstein between 1994 and 2004.

“I deeply regret my correspondence with Ghislaine Maxwell,” said Wasserman, adding that it took place before her and Epstein’s crimes “came to light”.

The International Olympic Committee, which works very closely with Wasserman in preparation for the Summer Olympic Games, refused ​to comment on the matter.

“I believe Mr Wasserman has put out his ‌statement and we have nothing further to add,” IOC President Kirsty Coventry said in a press conference before the start of next week’s Milano-Cortina Olympics.

Asked whether the Wasserman emails were a distraction shortly before the Milano Games, Coventry said ‌there had been past Olympics that were dogged by stories prior to their start, such as the Zika virus before the Rio de Janeiro ‌2016 Olympics.

“Anything that is distracting from these Games is sad,” ⁠Coventry said.

“But we have learned over the many years … there has always been something that has taken the lead, leading up to the Games. What is keeping my faith alive is when the opening ceremony happens … suddenly the world remembers ‌the magic and spirit the Games have,” she said.

Wasserman is a sports and entertainment executive who has been leading the LA28 Olympic project from the bidding phase and currently serves as chairman of ‍the organising committee, which is due to deliver a progress report to the IOC session on Tuesday.

The 2028 Summer Olympics were awarded to the city in 2017.

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Venezuela rights activist Javier Tarazona freed amid prisoner release | Nicolas Maduro News

Tarazona freed after four years in prison on ‘terrorism’ and conspiracy charges.

Venezuelan rights ‍activist Javier Tarazona has been freed ‍in a prisoner release, his family says, more than four years since he was arrested.

“After 1675 days, 4 years and 7 months, this long-awaited day has arrived. My brother Javier Tarazona is free,” Jose Rafael Tarazona posted on X on Sunday. “One person’s freedom is everyone’s hope.”

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Legal rights group Foro Penal said several other prisoners had been released with Tarazona from the Helicoide detention centre in Caracas. The group said it has ​verified more than 300 political prisoners freed since the government announced a series of releases on January 8.

Venezuelan interim President Delcy Rodriguez on Friday unveiled a proposed “amnesty law” covering hundreds of prisoners and said the Helicoide prison – long condemned by rights groups as a site of prisoner abuse – will be transformed into a sports and social services complex.

Translation: Today, #1Feb, after 1675 days, 4 years and 7 months, this long-awaited day has arrived. My brother Javier Tarazona is FREE. THANKS BE TO GOD ALMIGHTY. Thank you to everyone who made this moment possible. One person’s freedom is everyone’s hope. #FreeToLiberate

Tarazona is the director of FundaRedes, which tracks alleged abuses by Colombian armed groups and the Venezuelan military along the countries’ border. He was arrested in July 2021 and accused of “terrorism” and conspiracy.

Government officials – who deny holding political prisoners and say those jailed have committed crimes – have given a much higher figure for the releases, saying there have been more than 600, but have not been clear about the timeline and appear to be including releases from previous years. The government has never provided an official list of how many prisoners will be released or who they are.

Families of prisoners said the releases have progressed too slowly, and Foro Penal said more than 700 political prisoners remain jailed, an updated ​count including prisoners whose fearful families had not previously reported their detentions.

Families and rights advocates have long ‌demanded the charges and convictions against detainees who are considered political prisoners be revoked.

Opposition politicians, journalists and rights activists have long been subject to charges like “terrorism” and treason, which their families have called unjust and arbitrary.

The proposed amnesty law could affect hundreds of detainees who remain behind bars in the ‌South American country as well as former prisoners who have already been conditionally released.

The releases were announced as the top United States envoy for Venezuela arrived in the Venezuelan capital, Caracas, to reopen a US diplomatic mission seven years after ties were severed.

Last month, the US abducted Venezuelan President Nicolas Maduro from the presidential palace in Caracas on the orders of US President Donald Trump.

Maduro was then taken to a prison in New York and is facing drug trafficking and “narcoterrorism” conspiracy charges.

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Trilateral Ukraine talks to resume in Abu Dhabi on Wednesday: Zelenskyy | Russia-Ukraine war News

Second round of talks to follow negotiations last month that appeared to make little progress on key issue of territory.

Ukrainian President Volodymyr Zelenskyy says a second round of trilateral talks on ending the war with Russia will take place in Abu Dhabi this week as the fate of a temporary energy ceasefire hangs in the balance.

Zelenskyy, whose country’s energy system has come under relentless attack in one of the coldest winters in years, said envoys from the United States, Russia and Ukraine would meet in Abu Dhabi on Wednesday and Thursday.

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“Ukraine is ready for a substantive discussion, and we are interested in ensuring that the outcome brings us closer to a real and dignified end to the war,” he said on Sunday amid continuing US pressure to reach a deal with Russia after almost four years of war.

The first round of trilateral negotiations took place in late January but appeared to make little progress on the vital question of territory. Moscow still is demanding Kyiv cede a fifth of the Donetsk region that it still controls, which Zelenskyy’s government is refusing to do. The next round had been scheduled to take place on Sunday but may have been delayed because of the US-Iran crisis.

US President Donald Trump, who has said he wants to be remembered as a “peacemaker”, has repeatedly said a deal to end the Ukraine war is close and on Thursday announced that Russian President Vladimir Putin had agreed to stop strikes on energy targets for a week due to cold weather.

The terms of his agreement with Putin were not clear, but the Kremlin said on Friday that it had agreed to halt strikes on energy infrastructure until Sunday. Ukraine appeared to believe the suspension was supposed to last until the following Friday.

Medvedev says Russian victory near

Meanwhile, US envoy Steve Witkoff said on Saturday that he held constructive talks with Russian envoy Kirill Dmitriev in Florida.

US Treasury Secretary Scott Bessent, Trump’s son-in-law Jared Kushner and White House senior adviser Josh Gruenbaum also attended the talks. Witkoff said afterwards that he was “encouraged by this meeting that Russia is working toward securing peace in Ukraine”.

On Sunday, former Russian President Dmitry Medvedev praised Trump as a “peacemaker”, telling the Reuters news agency that Russia would “soon” achieve a military victory in the Ukraine war.

“But it is equally important to think about what will happen next. After all, the goal of victory is to prevent new conflicts. This is absolutely obvious,” said the hawkish former president, who now serves as deputy chairman of Russia’s Security Council.

Neither Ukraine nor Russia have reported major strikes on their energy infrastructure in recent days although Zelenskyy said Russia was trying “to destroy logistics and connectivity between cities and communities” through air attacks.

In southeastern Ukraine, two people were killed overnight in a drone strike on a residential building in the city of Dnipro, and six people were wounded in an attack on a maternity hospital in Zaporizhzhia, regional officials said.

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Pakistan to boycott T20 World Cup match against India on February 15 | Cricket News

BREAKING,

This is a breaking news story, more details to follow.

Pakistan’s cricket team has been cleared to participate in the ICC T20 World Cup 2026 but will not play its game against India, the government of Pakistan said in a statement.

“The Government of the Islamic Republic of Pakistan grants approval to the Pakistan Cricket Team to participate in the ICC World T20 2026, however, the Pakistan Cricket Team shall not take the field in the match scheduled on 15th February 2026 against India,” the statement said on Sunday.

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The T20 World Cup, co-hosted by India and Sri Lanka, features 20 nations and begins on Saturday.

Pakistan are drawn in Group A along with India, Namibia, Netherlands and US, and are playing all their matches in Sri Lanka. Pakistan’s first match on Saturday is against Netherlands at the Sinhalese Sports Club Cricket Ground in the Sri Lankan capital, Colombo.

If Pakistan boycotts their match against India, they will forfeit two points.

More to follow…

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Alcaraz beats Djokovic to win Australian Open; completes career Slam | Tennis News

Carlos Alcaraz has rewritten tennis history by becoming the youngest man to complete the career Grand Slam with his victory over the great Novak Djokovic in the final of the Australian Open 2026 in Melbourne.

Alcaraz, 22, overcame a first-set loss to complete a 2-6, 6-2, 6-3, 7-5 triumph over the 24-time Grand Slam champion at the Rod Laver Arena on Sunday. In the process, he denied the 38-year-old a chance to become the only player with 25 Slam titles.

While the world number one later admitted his “legs were shaking” as he served for the title, he seemed to have the upper hand as the match wore on and finished after three hours and two minutes.

The top seed now has an Australian Open trophy to add to his two French Open, Wimbledon and US Open titles each, also making him the youngest to garner seven Slams.

Djokovic, from Serbia and a 10-time champion in Australia, was the quicker of the two out of the blocks and broke his younger rival twice to swiftly claim the opening set.

But Alcaraz, of Spain, didn’t waste time in pulling back and claiming the second set with the same scoreline in a display of speed, power and finesse.

In breaking the career Slam record, Alcaraz surpassed his idol and compatriot Rafael Nadal – who watched from the stands and who was two years older when he did the same.

It was a first defeat for Djokovic in a Melbourne final after he won all 10 previously, leaving him still searching for a landmark 25th major to better Australia’s Margaret Court, who was also watching on.

MELBOURNE, AUSTRALIA - FEBRUARY 01: Carlos Alcaraz of Spain celebrates his victory in the Men's Singles Final against Novak Djokovic of Serbia during day 15 of the 2026 Australian Open at Melbourne Park on February 01, 2026 in Melbourne, Australia. (Photo by Darrian Traynor/Getty Images)
Tennis champion Carlos Alcaraz celebrates his victory at the Australian Open [Darrian Traynor/Getty Images)

Gladiatorial contest

Both men battled through five long sets in their semifinals, Alcaraz against Alexander Zverev and Djokovic against Jannik Sinner, and recovery was always going to be key after their physical struggles.

But they showed few signs of fatigue in another gladiatorial contest.

They both opened with comfortable holds before a double fault and netted forehand presented the first break point chance for Djokovic at 2-1.

Alcaraz saved it, but the aggressive fourth seed kept pressing and converted on his third, then consolidated for a 4-1 lead.

Djokovic was reading Alcaraz’s serve well, and once he got in the rallies, he was authoritative, with a sensational forehand winner earning him two set points.

He claimed the set in a statement 33 minutes after a ninth unforced error from the top seed, having dominated the big moments.

It was vintage Djokovic, but Alcaraz came storming back, upping the tempo to break for 2-1 in the second set, pumping his fist when he saved a break point and held in the next game.

Djokovic put drops to his eyes and began rubbing them, unable to tame a now rampant Alcaraz, who broke again for 5-2.

There were some sensational rallies that had the crowd on their feet in set three, which went with serve until Djokovic slapped a forehand wide under pressure to slip 2-3 behind.

He gamely saved four set points at 3-5, but, with his energy level dropping, was unable to save a fifth as the Spaniard took control.

On the back foot, Djokovic then saved six break points in an 11-minute opening service game in set four to stay alive and kept fighting hard.

But Alcaraz ground him down and pounced as Djokovic served to stay in the match to seal a maiden Australian championship.

It ensured he remained world number one and Sinner two, with Djokovic moving up a place to three ahead of Zverev.

MELBOURNE, AUSTRALIA - FEBRUARY 01: Carlos Alcaraz of Spain plays a forehand in the Men's Singles Final against Novak Djokovic of Serbia during day 15 of the 2026 Australian Open at Melbourne Park on February 01, 2026 in Melbourne, Australia. (Photo by Kelly Defina/Getty Images)
Carlos Alcaraz and Novak Djokovic played some incredible points during the final [Kelly Defina/Getty Images]

Australian Open win ‘means the world’ to Alcaraz

Despite his heartbreaking loss, Djokovic was gracious in defeat as he walked around the net to congratulate Alcaraz on his side of the court.

Plenty of pats on the back and smiles were exchanged in a passing-of-the-baton moment between the two tennis icons.

Afterwards, Alcaraz told the host broadcasters that his legs were shaking as he served for the championship.

“I was telling myself, at least put it [the serve] in and then let’s see what happens,” the champion said with a laugh.

The man from Murcia, southeastern Spain, said the elusive win in Australia was something he had been working hard for.

“It means the world to me and shows that all the hard work paid off,” he said.

Alcaraz’s seventh Slam put him alongside John McEnroe and Mats Wilander and one behind Andre Agassi, Jimmy Connors and Ivan Lendl.

However, the young champion was quick to dismiss talk of overtaking his heroes Nadal and Djokovic, and said 22 or 24 titles were “too far away” at the moment.

“I know how difficult it is to win a Grand Slam,” he said. “I know what it takes, so I just want to enjoy each one because I don’t know if it’s going to be my last one.

I want to keep going and working hard to feel this emotion again.”

Meanwhile, Djokovic did not make any explicit statements on his career but did admit he’s not sure whether he will return to Melbourne for next year’s Australian Open.

“I tried to give it back with good tennis over the years. This is my 22nd year coming to Australia,” he said at the presentation ceremony.

The Serb said he didn’t think he’d be “standing on a Grand Slam final podium again”.

“God knows what happens tomorrow, let alone in six or 12 months,” the 2023 champion said.

“It has been a great ride, and I love you guys.”

Tennis - Australian Open - Melbourne Park, Melbourne, Australia - February 1, 2026 Spain's Carlos Alcaraz with Serbia's Novak Djokovic after winning the Australian Open men's singles. Alcaraz becomes the youngest man to win all four grand slam titles. REUTERS/Edgar Su
Novak Djokovic embraces Carlos Alcaraz after the end of their tennis match [Edgar Su/Reuters]

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