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BUSINESS

In rough terrain, Payless emerges as rare bankruptcy survivor

Business, Reuters, Published on 11/08/2017

» CHICAGO: Payless ShoeSource Inc is set to emerge from bankruptcy this week, one of the largest retail chains to do so, and is banking on a strategy focused primarily on bricks-and-mortar sales at a time when e-commerce is casting an ever-growing footprint on retail sales.

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BUSINESS

Buoyant bitcoin stirs crypto-bubble worries

Business, Reuters, Published on 11/08/2017

» LONDON: Bitcoin and other "cryptocurrencies" are big money, virtually as big as Goldman Sachs Group Inc and Royal Bank of Scotland Group Plc combined.

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WORLD

Cambodia PM accuses Laos of border violation

Reuters, Published on 11/08/2017

» PHNOM PENH -- Cambodian Prime Minister Hun Sen on Friday accused neighbouring Laos of sending troops into Cambodian territory in April and set an Aug 17 deadline for their departure, warning that he was mobilising soldiers to the border area.

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WORLD

Philippines reports first avian flu, to cull 400,000 birds

Reuters, Published on 11/08/2017

» MANILA, Aug 11 (Reuters) - The Philippines plans to cull 400,000 chickens, quails and ducks after confirming the country's first outbreak of bird flu, Agriculture Secretary Emmanuel Pinol on Friday.

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WORLD

India in talks to deport 40,000 'illegal' Rohingya

Reuters, Published on 11/08/2017

» NEW DELHI -- India is in talks with Bangladesh and Myanmar about its plan to deport around 40,000 Rohingya Muslims it says are living in the country illegally, a government spokesman said on Friday, with state governments told to form task forces for the purpose.

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WORLD

Singapore's economy healthier than expected in Q2

Reuters, Published on 11/08/2017

» SINGAPORE -- Singapore's trade-reliant economy grew much faster than initially estimated in the second quarter and more than analysts had expected, with a rebound in services suggesting a broader and more balanced recovery after a stumble early in the year.

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WORLD

Myanmar 'sends hundreds of troops' to Rakhine

Reuters, Published on 11/08/2017

» YANGON: Myanmar has sent hundreds of soldiers to beef up security in northwestern Rakhine state after a recent spate of killings, military sources said on Friday, fuelling fears of yet more violence and instability in the troubled region.