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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 …

  • US adds a robust 295K jobs; jobless rate falls to 5.5 pct.
    US adds a robust 295K jobs; jobless rate falls to 5.5 pct.

    U.S. employers extended a healthy streak of hiring in February by adding 295,000 jobs, the 12th straight monthly gain above 200,000. The Labor Department said Friday that the unemployment rate fell to ... …

  • U.S. leads 16 air strikes against Islamic State - statement

    WASHINGTON (Reuters) - A coalition led by the U.S. military targeted Islamic State militants with 16 air strikes since early Thursday, its Combined Joint Task Force said. A dozen strikes in Iraq - near Mosul, Falluja and Haditha, among other cities - hit seven units of Islamic State fighters and destroyed two buildings, among other targets, the U.S.-led group said in statement on Friday. In Syria, four strikes near Dayr az Zawr, Kobani and Tal Hamis hit two groups of fighters as well as several …

  • Al-Qaida's Syria branch confirms death of field commander

    BEIRUT (AP) — Al-Qaida's Syrian affiliate confirmed on Friday that its top field commander was killed in an airstrike that targeted a meeting of the group's senior leadership. …

  • Ahead of the Bell: Orexigen Therapeutics shares retreat

    Shares of Orexigen Therapeutics sank in premarket trading Friday, giving back some of the gain they netted this week after the company announced encouraging early data from a study of its weight-loss drug ... …

  • UN rights chief hails Nepal court for war crimes ruling
    UN rights chief hails Nepal court for war crimes ruling

    The UN human rights chief on Friday hailed Nepal's top court for barring war crimes commissions from offering amnesty to soldiers and former Maoist rebels in cases involving serious rights abuses. Nepal is in the process of setting up two bodies to investigate war crimes committed during a decade-long insurgency, which saw security forces and Maoist guerrillas accused of carrying out torture, killings, rape and "forced disappearances". Parliament last April gave the two commissions the power …

  • Residents: Boko Haram readies for battle in NE Nigeria

    MAIDUGURI, Nigeria (AP) — Boko Haram fighters are massing at their headquarters in the northeast Nigerian town of Gwoza in preparation for a showdown with multinational forces, residents and an intelligence officer said. …

  • Dollar surges after another strong US jobs report
    Dollar surges after another strong US jobs report

    Another strong U.S. jobs report gave the dollar a big lift Friday as traders think it may prompt the Federal Reserve to raise interest rates this summer. Stocks, meanwhile, were fairly flat-footed as any ... …