Asian markets rose on Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy

US will pursue partnerships for mineral and energy supplies

The speech marked the first anniversary of Trump's election victory against Democrat Kamala Harris.

The administration has also adopted a stricter policy on granting visas, with tightened social media vetting and expanded screening.

The shutdown has forced 13,000 air traffic controllers and 50,000 Transportation Security Administration officers to work without pay

Mamdani on Wednesday introduced the five women who will co-chair his transition

'I don't think it was good for Republicans,' he added

New Yorkers elected leftist Zohran Mamdani as their next mayor, while Democrats won two key state governor races, sending an early warning signal to Republican President Donald Trump ahead of the 2026 midterms.

South Asians celebrate NYC's new mayor

Ugandans shower in hope and elation after one of their fellows become NYC mayor

New York City Mayor-elect Zohran Mamdani wasted no time calling out President Donald Trump, formally kicking off the battle that will likely define relations between the 34-year-old mayor and the president whose celebrity is tied to the city.

He said this during a Tuesday night speech to a raucous crowd of supporters

"In this moment of political darkness, New York will be the light."

Federal agencies have been grinding to a halt since Congress failed to approve funding past September 30

Louisville serves as the main US air hub for UPS

The elections took place as Trump’s approval rating dipped to the lowest point so far during his second term

A ballot measure in California, if passed, would lead to redrawing congressional districts meant to help Democrats in the 2026 midterm election.

In Virginia, Democrat Abigail Spanberger easily won the election for governor; and in New Jersey, Democrat Mikie Sherrill won the race.

New Yorkers looked set to elect a young Muslim leftist as mayor yesterday as US voters cast judgment for the first time on Donald Trump’s tumultuous second presidency in nationwide local elections.

No details of US truce proposal have been made public yet