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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 …

  • Liberia's last Ebola patient discharged
    Liberia's last Ebola patient discharged

    Liberia discharged its last confirmed Ebola patient on Thursday, as it reported for the first time in nine months it had gone a full week without any new infections. Beatrice Yordoldo left the Chinese-built Ebola treatment unit (ETU) in the Paynesville suburb of the capital Monrovia to cheers from healthcare workers, government officials and aid workers. The country "reported no new confirmed cases" during the week to March 1, the World Health Organization (WHO) said in a report late …

  • Russia denies US claim of 'thousands' of troops in Ukraine
    Russia denies US claim of 'thousands' of troops in Ukraine

    Russian officials on Thursday dismissed a claim by the United States that Moscow has sent "thousands" of troops to fight alongside pro-Russian separatists in Ukraine. "These figures, which are plucked out of the air, of course demoralise and disorientate the international community," foreign ministry spokesman Alexander Lukashevich said. US Assistant Secretary of State Victoria Nuland on Wednesday told a congressional foreign affairs committee that Russia had deployed "thousands and …

  • ECB says to start bond purchases on March 9
    ECB says to start bond purchases on March 9

    The European Central Bank will start buying government debt in its new quantitative easing programme on March 9, ECB chief Mario Draghi said on Thursday. …

  • 'Military pressure' may be needed to oust Assad: Kerry
    'Military pressure' may be needed to oust Assad: Kerry

    Military pressure may be needed to oust Syria's President Bashar al-Assad, US Secretary of State John Kerry said in Saudi Arabia on Thursday. …

  • Bin Laden doctor faces fresh legal turmoil in Pakistan
    Bin Laden doctor faces fresh legal turmoil in Pakistan

    A Pakistani doctor jailed after helping the CIA in the hunt for Osama bin Laden faces fresh legal turmoil after the tribunal hearing his appeal was dissolved, officials said Thursday. Shakeel Afridi was jailed for 33 years in May 2012 after he was convicted of ties to militants, though some US lawmakers said the case was revenge for Afridi helping in the search for the Al-Qaeda chief. Afridi was convicted under Pakistan's tribal justice system and last year a tribunal cut 10 years off his …

  • Skeleton statue unveiled in London's Trafalgar Square
    Skeleton statue unveiled in London's Trafalgar Square

    A sculpture of a strutting horse skeleton was unveiled in London's main Trafalgar Square on Thursday -- wearing a London Stock Exchange prices ticker in an allusion to the City's financial power. Entitled "Gift Horse", the riderless bronze sculpture, by 78-year-old German-US artist Hans Haacke, is in residence on the empty fourth plinth in the British capital's central square. An electronic ribbon tied to its right front leg displays a live ticker of stock prices, "completing the link between …

  • ECB holds key rates steady
    ECB holds key rates steady

    The European Central Bank Thursday held its key interest rates steady, as expected, as investors waited for ECB chief Mario Draghi to reveal more details of the bank's much-anticipated bond purchase programme. At the ECB's regular policy meeting, held in Nicosia, Cyprus this time instead of the usual venue of Frankfurt, the governing council voted to hold the benchmark "refi" refinancing rate at its current record low of 0.05 percent. Under the programme, the ECB plans to buy 60 billion euros …