VIDEO: Philippines firearms industry booms

VIDEO: Philippines firearms industry booms


VIDEO: Philippines firearms industry booms

Posted: 20 Mar 2013 08:44 PM PDT

Owning a firearm is not illegal in the Philippines and manufacturing guns has become a lucrative job for many locals.

Myanmar riots stoke fears of widening sectarian violence

Posted: 21 Mar 2013 11:10 PM PDT

MEIKHTILA, Myanmar (Reuters) - Unrest between Buddhists and Muslims in central Myanmar has reduced neighborhoods to ashes and stoked fears that last year's sectarian bloodshed is spreading into the country's heartland in a test of Asia's newest democracy.

VIDEO: Thatcher papers on Falklands released

Posted: 21 Mar 2013 11:14 PM PDT

Margaret Thatcher's anxiety over going to war in the Falkland Islands has been revealed in newly-released papers from her personal archive.

HP Raises Dividend by 10%

Posted: 21 Mar 2013 10:48 PM PDT

On Thursday, March 21, HP announced that its quarterly dividend would be increased by 10% to $0.1452 per share per quarter for a yearly amount of $0.5808 per share.  This is the second 10% year over year increase with the previous increase announced a year ago.

VIDEO: Mystery of Chile's crustacean carpet

Posted: 20 Mar 2013 09:57 PM PDT

Authorities in Chile are investigating why thousands of prawns were washed up on a beach in the coastal city of Coronel, covering it with a layer of pink.

A New Union of Mobile, Computer and Enterprise Interfaces

Posted: 21 Mar 2013 10:06 PM PDT

PCI-SIG, the trade group for the PCIe interface that is used in computer peripheral boards and increasingly is being used as a more general communication and storage interface announced a low power capability to support high speed interfaces for battery powered mobile platforms.  This new mobile PCIe interface is the result of a collaboration between MIPI and PCI-SIG.  MIPI is a trade group that develops interface specifications for mobile devices.

CMS on Obamacare's Health Insurance Exchanges: 'Let's Just Make Sure It's Not a Third-World Experience'

Posted: 21 Mar 2013 10:05 PM PDT

Obamacare's reorganization of the U.S. health care system is slated to go on-line on January 1, 2014. That's when the law's key provisions go into effect: its individual mandate; its rules requiring higher premiums for young people; and its expansion of insurance coverage through Medicaid and the law's subsidized private insurance exchanges. Increasingly, officials in the Obama administration are worried that the rollout of the exchanges will be chaotic, given the law's complexity and unrealistic deadlines. "We are under 200 days from open enrollment" on the exchanges, noted Henry Chao, deputy chief information officer at the Centers for Medicare and Medicaid Services, at a recent conference. "I'm pretty nervous—I don't know about you."

Computer Simulation Suggests That The Best Investment Strategy Is A Random One

Posted: 21 Mar 2013 09:14 PM PDT

There are lot of different opinions on what the best investment strategy is. Roughly as many as there are investors, probably. But there's now a fascinating line of research that suggests that the best strategy for investment isn't any kind of plan at all. Rather, the authors of a new study suggest, the best way to invest is to invest randomly.

Life Science Venture Financing Terms: Favorable Five Year Trends

Posted: 21 Mar 2013 09:10 PM PDT

Euphoria in the markets seems like a common theme these days.  In fact, this week the NASDAQ Biotech Index (NBI) hit its all time high, even higher than in the 2000 genomics bubble.  It's up 49% since Jan 2012.  Add to this the recent DowJones report that late stage venture rounds (across all sectors), have risen to post-2000 bubble records.

UN votes to probe NKorea suspected rights abuses

Posted: 21 Mar 2013 06:56 PM PDT

Children shout slogans during a rally to promote peace on the Korean peninsula at the Unification Bridge near the border village of Panmunjom in Paju, South Korea,Thursday, March 21, 2013. North Korea has threatened revenge for the sanctions and for ongoing U.S.-South Korean military drills, which the allies describe as routine but which Pyongyang says are rehearsals for invasion. (AP Photo/Ahn Young-joon)GENEVA (AP) — The United Nations' top human rights body unanimously approved Thursday a formal probe into North Korea for possible crimes against humanity.


New Archbishop of Canterbury enthroned in UK

Posted: 21 Mar 2013 08:39 PM PDT

Justin Welby sworn in as 105th Archbishop of Canterbury, head of Church of England, and spiritual leader of Anglicans.

Madrid Impresses IOC With 2020 Games Bid

Posted: 21 Mar 2013 08:42 PM PDT

International Olympic Committee inspectors gave high marks to Madrid's bid to host the 2020 Summer Games.

SKorea ready for more cyberattacks; banks recover

Posted: 21 Mar 2013 08:53 PM PDT

Customers use the automated teller machine at a branch of Shinhan Bank in Seoul, South Korea, Thursday, March 21, 2013. Investigators have traced a coordinated cyberattack that paralyzed tens of thousands of computers at six South Korean banks and media companies to a Chinese Internet Protocol address, authorities in Seoul said Thursday. (AP Photo/Lee Jin-man)SEOUL, South Korea (AP) — South Korea said Friday it was preparing for the possibility of more cyberattacks as a new team of investigators tried to determine if North Korea was behind a synchronized shutdown of tens of thousands of computers at six South Korean banks and media companies.


New China president to meet Russia's Putin

Posted: 21 Mar 2013 07:50 PM PDT

First official trip abroad by Xi Jinping expected to bolster "strategic partnership" and trade that hit $87.5bn in 2012.

30 Under 30: Energy

Posted: 21 Mar 2013 07:51 PM PDT

The Next Energy Shortage: Big Oil CEOs

Posted: 21 Mar 2013 07:51 PM PDT

This is a guest article written by Carol Singleton Slade, Steve Goodman, Trent Aulbaugh, and Roger Aguirre in the Global Energy Practice of Egon Zehnder. The firm specializes in CEO and senior-level executive search, board consulting and director search, management appraisals and talent management. 

VIDEO: Terror in US shop as gunman opens fire

Posted: 21 Mar 2013 08:02 PM PDT

US police in Philadelphia are trying to find a man who fired into an Asian food store and wounded three people on Tuesday night.

U.S. optimistic for Chinese action on North Korea

Posted: 21 Mar 2013 08:12 PM PDT

BEIJING (Reuters) - The United States is optimistic China will take action against North Korea by increasing scrutiny of financial transactions to Pyongyang that could contravene fresh U.N. sanctions, a senior U.S. envoy said on Friday.

U.S. optimistic for Chinese action on North Korea

Posted: 21 Mar 2013 08:12 PM PDT

Under Secretary of the Treasury for Terrorism and Financial Intelligence Cohen speaks about HSBC during a news conference in New YorkBEIJING (Reuters) - The United States is optimistic China will take action against North Korea by increasing scrutiny of financial transactions to Pyongyang that could contravene fresh U.N. sanctions, a senior U.S. envoy said on Friday. Stopping illicit money flows are a key part of the sanctions imposed on North Korea in response to its February 12 nuclear test. China is Pyongyang's sole diplomatic and economic ally, although it negotiated the latest sanctions with Washington and has said it wanted them implemented. ...


Italy to return 2 marine murder suspects to India

Posted: 21 Mar 2013 07:18 PM PDT

Italian marines Massimiliano Latorre, left, and Salvatore Girone arrive at the military prosecutor's office in Rome Wednesday, March 20, 2013. A military prosecutor in Rome is questioning the two Italian marines India is insisting return to face trial in the deaths of two fishermen. India's Supreme Court barred the Italian ambassador from leaving the country after the Italian government refused to return the marines to India. The two have been charged in India with killing two Indian fishermen whom the marines say they mistook for pirates. (AP Photo/Riccardo De Luca)ROME (AP) — Italy said it would return two marines to India by Friday to face murder charges in the shooting deaths of two fishermen, reversing a decision that escalated diplomatic tensions.


Photos of the Day: March 21

Photos of the Day: March 21


Photos of the Day: March 21

Posted: 21 Mar 2013 01:38 PM PDT

In today's pictures, Hindus celebrate a festival, a new image from space bolsters the big-bang theory and the idea of an older universe, a hare cowers in Germany, and more.

Compensation Talks in Horace Mann Sexual Abuse Cases

Posted: 21 Mar 2013 01:07 PM PDT

The negotiations are said to involve 32 former students who say they were abused by teachers and staff members at the Bronx preparatory school.

DealBook: Prosecutors Weigh Insider Trading Case Against Raj Rajaratnam's Brother

Posted: 21 Mar 2013 01:19 PM PDT

On Thursday, federal prosecutors said Rajarengan Rajaratnam was part of his brother Raj's insider trading ring, announcing criminal charges nearly two years after Raj was convicted and sentenced to 11 years in prison.

Italy to return marines to India for trial

Posted: 21 Mar 2013 12:58 PM PDT

Two Italian marines who skipped bail after being accused of killing two Indian fisherman are to be sent back to India.

Cyprus Court Convicts Hezbollah Member

Posted: 21 Mar 2013 12:02 PM PDT

A Cypriot court convicted a 24-year-old member of Hezbollah on charges he plotted terror attacks against Jews last summer on the Mediterranean island, a decision that could raise pressure on the European Union to blacklist the Lebanon-based group.

President Obama gives peace a chance

Posted: 21 Mar 2013 12:36 PM PDT

Obama's Israel speech will be part of his legacy, says Mark Mardell

Senior Pro-Assad Sunni Imam in Syria Is Assassinated

Posted: 21 Mar 2013 12:25 PM PDT

The cleric, Mohammad Said Ramada al-Bouti, was the most important religious figure to be killed so far in the Syrian civil war.

U.N. condemns Mali rights abuses, to step up monitoring

Posted: 21 Mar 2013 12:42 PM PDT

GENEVA (Reuters) - The United Nations condemned human rights crimes committed in northern Mali by "rebels, terrorist groups and other organized transnational crime networks" and agreed to appoint an independent monitor for the West African country.

UK top court holds first secret session over Iran case

Posted: 21 Mar 2013 12:33 PM PDT

LONDON (Reuters) - Britain's Supreme Court held the first secret session in its history on Thursday to consider evidence about an Iranian bank's alleged links to Tehran's nuclear program that the British government does not want to make public.

Russia tones down criticism of new U.S. missile plans

Posted: 21 Mar 2013 12:22 PM PDT

MOSCOW (Reuters) - Russia signaled on Thursday that a change in U.S. plans for a European anti-missile shield could help the two sides make progress towards resolving a dispute that has frayed their relations.

Arthur defends dropping players

Posted: 21 Mar 2013 12:31 PM PDT

Australia coach Mickey Arthur says he has no regrets over dropping four players for breaches of discipline.

Kurdish Leader Declares Truce With Turkey

Posted: 21 Mar 2013 11:50 AM PDT

The move, including the retreat of P.K.K. fighters, provides the best chance yet for an effort toward peace and a constitution that protects Kurds.

Planck Satellite Shows Image of Infant Universe

Posted: 21 Mar 2013 01:17 PM PDT

A Planck satellite image shows the cosmos as it appeared only 370,000 years after the Big Bang.

Cyprus economy is 'on the brink'

Posted: 21 Mar 2013 01:34 PM PDT

The Cypriot economy is "on the brink", the country's largest bank warns, as political leaders scramble to raise the funds to secure a rescue package.

Obama urges Israeli-Palestinian peace talks

Posted: 21 Mar 2013 11:58 AM PDT

Despite call for action, US president delivered two very different messages to his audiences in Ramallah and Jerusalem.

Italy to return marines to India

Posted: 21 Mar 2013 01:12 PM PDT

Two Italian marines accused of murdering two Indian fishermen, in a case that has sparked a diplomatic row, are to be sent back for trial.

VIDEO: Mumbai driving 'like hopscotch in a minefield'

Posted: 18 Mar 2013 05:01 PM PDT

BBC News took a trip around the roads of Mumbai with Hormazd Sorabjee, the editor of Autocar India.

Georgian PM's allies curb presidential powers

Posted: 21 Mar 2013 12:08 PM PDT

TBILISI (Reuters) - Georgia's ruling parliamentary coalition stripped President Mikheil Saakashvili of some powers on Thursday, the latest round in a political skirmish that could potentially threaten supplies of Caspian oil and gas to Europe.

Italy to return marines to India

Posted: 21 Mar 2013 01:12 PM PDT

Two Italian marines accused of murdering two Indian fishermen, in a case that has sparked a diplomatic row, are to be sent back for trial.

Sack racist players, says Boateng

Posted: 21 Mar 2013 11:51 AM PDT

AC Milan midfielder Kevin-Prince Boateng says racist players should not be able to play for their club again.

Inflation to accelerate to 2.5%: researchers

Inflation to accelerate to 2.5%: researchers


Inflation to accelerate to 2.5%: researchers

Posted: 20 Mar 2013 10:47 PM PDT

Malaysia's inflation rate is expected to accelerate to 2.5 per cent this year, say several research houses.

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LKY reiterates need to welcome quality immigrants

Posted: 20 Mar 2013 10:28 PM PDT

Noting the demographic challenges faced by China and Japan, former Minister Mentor Lee Kuan Yew has reiterated the need to keep the republic's doors open to "quality" immigrants.

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RM570m revenue from health tourism last year

Posted: 21 Mar 2013 12:08 AM PDT

The health tourism sector has generated RM570.5 million in revenue last year, following improved customer experience, proactive alliances and niche marketing.

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15,793 score straight A's in SPM

Posted: 20 Mar 2013 11:40 PM PDT

A total of 15,793 students obtained straight A's in the Sijil Pelajaran Malaysia (SPM) 2012 examination, a rise of 0.13 percent compared to the 15,079 students in the previous year.

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8 terrorists charged in court, 2 facing death penalty

Posted: 20 Mar 2013 11:14 PM PDT

ight Filipinos were charged in the High Court, here today with two of them facing the death penalty upon conviction for waging war against the Yang di-Pertuan Agong.

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AEC under way for realisation end-2015

Posted: 20 Mar 2013 11:07 PM PDT

The Asean Economic Community (AEC), with 74.5 per cent overall implementation rate by Asean nations since the launch of the blueprint in 2008, is under way for realisation on Dec 31, 2015.

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Australian PM Gillard wins leadership vote unopposed

Posted: 20 Mar 2013 11:34 PM PDT

CANBERRA (Reuters) - Australian Prime Minister Julia Gillard stared down a leadership crisis on Thursday and ensured she will lead the government until September 14 elections after her chief rival, Kevin Rudd, said he did not have enough support to replace her.


North Korea issues fresh threat to US, South probes hacking

Posted: 20 Mar 2013 10:56 PM PDT

SEOUL, March 21 — North Korea today said it would attack US military bases in Japan and the Pacific island of Guam if provoked, a day after leader Kim Jong-un oversaw a mock drone strike on South Korea. The North also held an air raid drill today after accusing the United States of preparing a military strike using bombers that have overflown the ...


Results of transformation programmes

Posted: 20 Mar 2013 10:43 PM PDT

According to the annual report, the results of the 12 National Key Economic Areas (NKEAs) under the ETP have achieved an overall KPI rate of 118%. However, there is still a great room for improvement for the GTP. Why?

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VIDEO: Mystery of Chile's crustacean carpet

Posted: 20 Mar 2013 09:57 PM PDT

Authorities in Chile are investigating why thousands of prawns were washed up on a beach in the coastal city of Coronel, covering it with a layer of pink.

Mourners mass for cremation of Khmer Rouge leader

Posted: 20 Mar 2013 10:26 PM PDT

Hundreds of mourners massed Thursday ahead of the cremation of a co-founder of Cambodia's Khmer Rouge, highlighting the stark divide between supporters and victims of the brutal communist regime.

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Latest Chromebooks coming to more countries, Android and Chrome OS merge anticipated

Posted: 20 Mar 2013 10:26 PM PDT

Google has announced that it is rolling out its Chrome OS notebooks to Australia, Canada, Germany, Ireland, France, and the Netherlands as of Tuesday.

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Australian PM calls leadership ballot

Posted: 20 Mar 2013 10:23 PM PDT

The Australian government plunged into crisis with Prime Minister Julia Gillard caving in to building pressure and calling a leadership ballot of her ruling Labor party for later Thursday.

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'Bonobo heaven': life at a DR Congo ape sanctuary

Posted: 20 Mar 2013 10:22 PM PDT

Claudine Andre, a 67-year-old Belgian living in the Democratic Republic of Congo, has spent the last twenty years dedicated to the protection of the bonobo, an extraordinary species of ape threatened by trafficking and poachers.

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Amid tensions, American builds schools in N.Korea

Posted: 20 Mar 2013 10:13 PM PDT

Amid mounting military and nuclear tensions with North Korea, an American retiree has gained rare access to the pariah state to build schools in the usually off-limits countryside.

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Turkey burger

Posted: 20 Mar 2013 09:50 PM PDT

The new Burger King turkey burger displayed at a Burger King restaurant in Oakland, California. Burger King debuts a limited release of turkey burger in an effort to appeal to health-conscious diners.

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Filipinos charged with waging war at Tawau High Court

Posted: 20 Mar 2013 09:38 PM PDT

Eight Filipinos, who are facing the death penalty and life imprisonment upon conviction, were charged at the High Court here with waging war on the Yang di-Pertuan Agong and being members of a terrorist group.

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Is Samsung's Galaxy SIV full of bugs?

Posted: 20 Mar 2013 09:30 PM PDT

A delayed launch, lack of official availability dates and the fact that much-rumored features failed to materialize suggest that the South Korean company's latest smartphone isn't quite ready to ship, despite the fanfare.

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Landmarks across the world to go dark for Earth Hour

Posted: 20 Mar 2013 09:04 PM PDT

A list of the most recognisable icons from across the globe will be participating in Earth Hour 2013 on March 23 as the world's largest movement for the planet celebrates environmental outcomes generated by participants around the world.

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VIDEO: Palestinian views on Obama visit

Posted: 20 Mar 2013 09:44 PM PDT

Palestinians tell the BBC's Jon Donnison how they feel about the US president's visit to the West Bank.