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Asia stocks under pressure as dollar hovers near 14-year high

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A man cycles in front of electronic boards showing Japan's Nikkei average (R) and the Dow Jones average (L top) outside a brokerage in Tokyo, Japan, November 10, 2016. REUTERS/Toru Hanai


HONG KONG - The U.S. dollar hovered near a 14-year high on Tuesday and Treasury yields extended their rise as investors braced for higher inflation in the United States amid expectations of fiscally expansionary polices under Donald Trump's presidency.

Read more: Asia stocks under pressure as dollar hovers near 14-year high

Trump will get wake-up call when he takes office, Obama says

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U.S. President Barack Obama holds a news conference in the White House press briefing room in Washington, U.S., November 14, 2016. REUTERS/Yuri Gripas



WASHINGTON - President-elect Donald Trump is in for a quick wake-up call and will have to adjust his temperament when he confronts the realities of his new job on Jan. 20, President Barack Obama said on Monday.

Read more: Trump will get wake-up call when he takes office, Obama says

Skywatchers prepare for 'supermoon'

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The best opportunity to see the 'supermoon' will be on Monday evening



Skywatchers are preparing for the latest "supermoon" as Earth's satellite makes its closest approach since 1948.

The UK's best chance to see it will be on Monday evening, although the Moon reaches its closest approach at 11:21 GMT when it will be 356,509 km away.

Read more: Skywatchers prepare for 'supermoon'

South Korean prosecutors to question President Park Geun-hye

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President Park bows said she felt a "sense of shame"




South Korean prosecutors are set to question President Park Geun-hye over allegations of political corruption in a scandal that has engulfed her presidency.

Officials say this will be the first time a sitting president has been questioned by prosecutors.

Read more: South Korean prosecutors to question President Park Geun-hye

China's Xi tells Trump cooperation is only choice

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Chinese President Xi Jinping sits with Britain's Foreign Secretary Philip Hammond (not pictured) after arriving for a four-day state visit at London's Heathrow Airport, October 19, 2015. REUTERS/Toby Melville



Chinese President Xi Jinping told U.S. President-elect Donald Trump in a phone call on Monday that cooperation was the only choice for relations between the two countries, Chinese state media said.

Read more: China's Xi tells Trump cooperation is only choice


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