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Philippine police stop anti-drug crackdown amid scandal

  MANILA / AP The Philippine police chief stopped the use of the national police force in anti-drug operations on Monday and disbanded all police anti-narcotics units after the president’s brutal crackdown was used as a cover by rogue officers to kidnap and kill a South Korean man for money. Police Director-General Ronald Dela Rosa told police officers he would ...

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Saudi, Kuwait, Egypt retreat; Aramex supports Dubai

  DUBAI / Reuters Middle Eastern equity markets diverged on Monday, with last week’s top gainers pulling back on profit taking while strong quarterly earnings from courier firm Aramex bolstered Dubai. The Saudi Arabian index fell 0.7 percent, snapping seven consecutive sessions of gains. Twelve of the 14 listed petrochemical producers pulled back as Brent oil futures fell near $55 ...

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US stocks fall, bonds rise as Trump in focus

  Bloomberg US stocks fell the most since the presidential election, while Treasuries advanced with gold as Donald Trump’s order on immigration raised concern that he may follow through with isolationist policies touted on the campaign trail, overshadowing a pro-growth agenda. The Dow Jones Industrial Average tumbled more than 200 points, retreating below 20,000 after closing at records last week. ...

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