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IS group-inspired Filipino militant killed, reprisals feared

  BEIRUT / AP A leader of suspected sympathizers of the IS group was killed on Thursday in a clash with Philippine police in the south, raising fears that his brutal group may retaliate by attacking a huge Catholic procession in Manila next week. Senior Supt. Leonardo Suan and other officials said Mohammad Jaafar Maguid, leader of a small but ...

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Car bomb kills 9 at Baghdad market

BAGHDAD / AFP A car bomb tore through a Baghdad market on Thursday, killing at least nine people in what appeared to be the latest in a series of deadly attacks by the IS group. Elsewhere, four attacks in and around Baghdad killed at least seven people, bringing the day’s overall death toll to at least 16. Those attacks, mostly by ...

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10 killed as large explosion hits Syria regime-held town

  BEIRUT / AP A large explosion hit a Syrian government-held coastal town on Thursday, killing at least 10 people and wounding dozens, according to Syria’s state TV. The attack was a major blow to the nearly week-old and already shaky cease-fire brokered by Russia and Turkey. First videos that emerged from the scene in the town of Jableh show charred ...

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At impeachment trial, Park accused of violating constitution

  SEOUL / AP Prosecuting lawmakers accused South Korean President Park Geun-hye of “broadly and gravely” violating the constitution as the Constitutional Court began hearing oral arguments on Thursday in her impeachment trial. While the lawmakers, functioning as prosecutors in the trial, argued Park should be removed from the presidency, her lawyers said the accusations lacked evidence. Park is accused of ...

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Global Logistic Properties to seek offers by next month

  Bloomberg Global Logistic Properties Ltd. has begun formally reaching out to potential bidders for the $7.8 billion industrial property owner, people with knowledge of the matter said. The Singapore-based company sent out an information letter to targeted bidders at the end of last month and has asked for first-round offers by early February, according to the people. GLP attracted ...

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Chinese businessman taps used mobile phone market in country

  Bloomberg Millions of toxic smartphones end up in landfills around the world each year. Kerry Chen — founder and chief executive officer of Shanghai Yueyi Network Co — thinks he can change that, starting with China — one of the worst offenders. With Chinese consumers hardly the biggest proponents of recycling, whether it’s cars or banquet leftovers, Chen reckons ...

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Singapore to deliver new growth map with economy under strain

  Bloomberg Singapore is due to deliver a blueprint outlining strategies to boost the economy as the export-dependent nation seeks new growth engines. The Committee on the Future Economy will publish its recommendations in a few weeks time, Prime Minister Lee Hsien Loong said in his New Year Message, days before the government reported that growth slumped to a seven-year ...

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Housing, crude revival lift Canada’s economic hopes

  Bloomberg Canada consumer optimism ended 2016 with a small weekly increase, finishing above where it started the year on rising expectations for the country’s growth prospects. The sluggish economy, hampered by disappointing exports was a focal point for policymakers in Prime Minister Justin Trudeau’s first full year in power. Trudeau expanded transfer payments and cut middle-income taxes, while Bank ...

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