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WORLD

Myanmar soldiers, police 'face action' for atrocity

Reuters, Published on 12/02/2018

» Action will be taken against 10 members of Myanmar's security forces in connection with the killing of captured Rohingya Muslims in Rakhine state, a government spokesman said on Sunday.

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WORLD

China's historical fireworks hub grapples with bans

Reuters, Published on 12/02/2018

» LIUYANG, China: From the concrete bunkers carved into the hillside, where workers gingerly handle piles of explosive black powder, to the shopfronts selling colorful boxes of pyrotechnics, time may be catching up with Liuyang’s millennium-old fireworks industry.

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WORLD

US IOC member suggests joint Korean team for Nobel Peace Prize

Reuters, Published on 12/02/2018

» PYEONGCHANG, South Korea: - A senior American member of the International Olympic Committee (IOC) called on Sunday for North and South Korea’s joint women’s ice hockey team to be nominated for the Nobel Peace Prize.

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WORLD

Egypt's army kills 12 militants in Sinai operation: State TV

Reuters, Published on 12/02/2018

» CAIRO: Egyptian security forces killed 12 militants and arrested 92 in a continuing crackdown in Sinai, the army said in a statement carried by State TV on Monday. Egypt’s air force also destroyed 60 militant targets, the statement said, part of a campaign to crush Islamist insurgents blamed for a string of attacks.

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WORLD

Iraq reconstruction after Islamic State 'to cost $88 billion'

Reuters, Published on 12/02/2018

» KUWAIT: Rebuilding Iraq after three years of war with Islamic State will cost $88.2 billion, with housing a particularly urgent priority, Iraqi officials told an international conference on Monday.

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WORLD

Philippines may turn to China, Russia for helicopters

Reuters, Published on 12/02/2018

» MANILA: The Philippines may turn to non-Western defence manufacturers, including China and Russia, to acquire 16 helicopters after it had to scrap a $233 million (7.4 billion baht) deal with Canada, its defence minister said on Monday.

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WORLD

Oxfam boss says Haiti scandal 'breaks my heart'

Reuters, Published on 12/02/2018

» NEW YORK: The executive director of Oxfam International said on Sunday she was heartbroken by a sexual misconduct scandal in Haiti involving aid workers that prompted Britain’s government to threaten to cut off aid funding to charities.

WORLD

London City airport shut after WWII bomb found in Thames

Reuters, Published on 12/02/2018

» LONDON: All flights to and from London’s City Airport were cancelled on Monday after an unexploded World War II bomb was found in the River Thames at George V Dock, the airport said.

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BUSINESS

Central bank bans banks from cryptocurrencies

Reuters, Published on 12/02/2018

» The Bank of Thailand said on Monday it had asked financial institutions not to get involved in cryptocurrency transactions for fear of possible problems from the unregulated trading.

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BUSINESS

Bank loans seen rising up to 8% this year

Reuters, Published on 12/02/2018

» Commercial banks’ loans may increase in a range between 6% and 8% this year after rising 4.4% in 2017, reflecting the improving economy, a senior central bank official said on Monday.