MANILA (Reuters) – The United States and Philippine navies held a joint naval patrol on Saturday in dangerous southern Philippine waters, amid rising international concern about Islamist militancy and piracy in the region.
HONG KONG (Reuters) – Chinese President Xi Jinping swore in Hong Kong’s new leader on Saturday with a stark warning that Beijing will not tolerate any challenge to its authority in the divided city as it marked the 20th anniversary of its return from Britain to China.
HONG KONG (Reuters) – Carrie Lam, who was sworn in as Hong Kong’s first female leader on Saturday, is a former student activist who climbed the rungs of the civil service over 36 years, and a tough, capable and possibly divisive Beijing-backed leader.
MANILA (Reuters) – The Philippines’ police chief on Friday stood by anti-narcotics officers and rejected a Reuters investigation that pointed to a pattern of police sending corpses of drug suspects to hospitals to destroy crime scene evidence and hide executions.
VATICAN CITY (Reuters) – The charging of a top Vatican official, Cardinal George Pell, with sex-abuse crimes this week will permanently stain the legacy of Pope Francis, exposing poor judgment in his appointment, victims of sexual abuse said.
WASHINGTON (Reuters) – U.S. President Donald Trump called for a determined response to North Korea after talks with South Korea’s President Moon Jae-in on Friday where he stressed the importance of their alliance but took aim at Seoul over trade and sharing the cost of defense.
MONTREAL (Reuters) – Qatar will comply with enhanced security measures for flights to the United States designed to prevent expanding an in-cabin ban on laptops, the country’s minister of transport said on Friday.
Despite anger at rising US prescription drug prices and debate over healthcare reform, government intervention to curb them seems unlikely.
Succinct Summations for the week ending June 30th, 2017 Positives: 1. Corporate profits rose 11.5% y/o/y in Q1 to annualized $1.729 trillion. 2. Real GDP was revised up from 1.2% to 1.4%. 3. Personal income rose 0.4%, in line with expectations 4. Consumer confidence rose from 117.9 to 118.9, above the 116.7 expected. 5. Jobless claims…
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