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  • US billionaire says WWII Japanese ship found in Philippines
    US billionaire says WWII Japanese ship found in Philippines

    Microsoft co-founder Paul Allen said Wednesday he had found one of Japan's biggest and most famous battleships on a Philippine seabed, some 70 years after American forces sank it during World War II. Excited historians likened the discovery, if verified, to finding the Titanic, as they hailed the American billionaire for his high-tech mission that apparently succeeded after so many failed search attempts by others. Allen posted photos and video online of parts of what he said was the …

  • Philippines' Aquino promises police commandos extra resources after botched raid
    Philippines' Aquino promises police commandos extra resources after botched raid

    Philippine President Benigno Aquino promised police commandos better extra resources on Wednesday, weeks after 44 commandos were killed in a clash with Muslim rebels, but declined to answer questions about the botched raid, a senior officer said. On Jan. 25, police commandos sneaked into a southern rebel area to "neutralise" Zulkifli bin Hir, alias Marwan, an al Qaeda-linked bomb maker with a $5 million U.S. bounty on his head. The mission went disastrously wrong for the government when …

  • Image of Asia: Fire burns more than 1,000 homes in Manila
    Image of Asia: Fire burns more than 1,000 homes in Manila

    In this photo by Bullit Marquez, a boy sits on pavement while his family retrieves items from their burned home Tuesday following an overnight fire that destroyed a slum-dwellers community in Manila, Philippines. No casualties were reported in the 9-hour fire that burned more than a thousand homes and left at least 3,000 families homeless. The Bureau of Fire and Protection was still investigating the cause of the fire. But in Manila's poorest neighborhoods, fires often are caused by poor wiring …

  • WHO to begin large-scale testing of Ebola vaccine in Guinea
    WHO to begin large-scale testing of Ebola vaccine in Guinea

    The World Health Organization will start large-scale testing of an experimental Ebola vaccine in Guinea on Saturday to see how effective it might be in preventing future outbreaks of the deadly virus. ... …

  • Ares Commercial Real Estate posts 4Q profit

    The Chicago-based company said it had net income of 31 cents per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for ... …

  • European Central Bank faces questions on stimulus, Greece
    European Central Bank faces questions on stimulus, Greece

    The European Central Bank will face questions on the details of its bond-buying stimulus program when it holds a policy meeting and press conference Thursday. At its latest meeting it is expected to discuss ... …

  • Ahead of the Bell: US jobless aid applications likely fell
    Ahead of the Bell: US jobless aid applications likely fell

    The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. The report will be released Thursday at 8:30 a.m. Eastern. DROP EXPECTED: Economists forecast ... …

  • Gray Television posts 4Q profit

    On a per-share basis, the Atlanta-based company said it had net income of 53 cents. The broadcast television company posted revenue of $177.9 million in the period. For the year, the company reported profit ... …

  • Hong Kong, Shanghai down on China target as euro struggles
    Hong Kong, Shanghai down on China target as euro struggles

    Hong Kong and Shanghai markets sank in Asian trade Thursday after China set tepid 2015 economic and trade growth targets, while the euro fell to 11-year lows ahead of a key European Central Bank meeting. …

  • Ameresco posts 4Q profit

    On a per-share basis, the Framingham, Massachusetts-based company said it had net income of 18 cents. The energy services company posted revenue of $181.1 million in the period. For the year, the company ... …