Asia Economy

• Seizing Greenland risks 'monumental' fallout, ex-Iceland president warns, as Trump sharpens rhetoric - A U.S. attempt to seize Greenland by force would trigger "monumental consequences" for the Western alliance and the global order, said former Icelandic President Olafur Grimsson.
• Iran briefly closes airspace as U.S. tensions rise, flights rerouted across region - Iran temporarily closed most of its airspace late Wednesday, forcing airlines to reroute flights as tensions with the United States escalated.
• Asia-Pacific markets trade mixed as investors await Bank of Korea decision - Asia-Pacific markets traded mixed as investors awaited a policy decision from the Bank of Korea.
• China's December exports sharply beat estimates, imports also top expectations - China's exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high.
• Japan's Nikkei 225 set to hit another high as Asia markets look past geopolitical worries - This comes as Japan's ruling LDP under new Prime Minister Sanae Takaichi is expected to call an election likely in February.
• Trump’s tariff gambit over Iran risks derailing U.S.–China trade deal - President Donald Trump's threat of 25% tariffs on countries doing business with Iran has raised the risk of derailing Washington's fragile trade deal with Beijing.
• What a U.S. intervention in Iran could look like as Trump weighs options - President Donald Trump could seek to replicate the Venezuela shock tactic in Iran, but analysts are skeptical of effectiveness of such intervention.
• Japan plans to dissolve parliament with possible snap election in February: NHK - The snap election, if called in Feburary, would be just about five months into Takaichi's term as prime minister.
• Asia-Pacific markets set to open higher, tracking Wall Street gains on U.S. jobs data - Investors will be keeping an eye on oil prices as protests continue in Iran and U.S. President Donald Trump reportedly is weighing options to intervene.
• Iran's leader accuses protestors of acting for Trump - Iran's supreme leader accused protesters of acting on behalf of U.S. President Donald Trump by destroying public properties in their own country.