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Iraq hangs 36 over 2014 massacre of recruits

  Nasiriyah / AFP Iraq on Sunday hanged 36 men convicted over the 2014 massacre by extremists and allied militants of hundreds of military recruits, officials said. They had been found guilty of involvement in the “Speicher” massacre, named after a base near Tikrit where up to 1,700 recruits were kidnapped before being executed in a massacre claimed by the ...

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Iran releases images of new missile defence system

Tehran / AFP Iran released images of its first domestically built long-range missile defence system on Sunday, a project started when the country was under international sanctions. Images on multiple state news agencies showed President Hassan Rouhani and Minister of Defence Hossein Dehghan standing in front of the new Bavar 373 missile defence system. The system was designed to intercept ...

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BEA profit drops 38% as China drags on lending

  Bloomberg Bank of East Asia Ltd., (BEA) the Hong Kong lender facing pressure from Paul Singer’s Elliott Management, said first-half profit dropped 38 percent as China’s slowing economy dragged on lending and caused loan impairments to surge. The shares fell the most in two weeks. Net income fell to HK$2.1 billion ($270 million) for the six months ended June ...

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