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7:45 AM

U.S. hostage rescuers dropped from night sky, Syria activist says

BEIRUT/WASHINGTON (Reuters) - It was just after midnight on July 4 when at least two dozen U.S. Delta Force commandos arrived on heavily armed Black Hawk helicopters in Akrishi, a small town near the eastern Syrian city of Raqqa on the bank of the Euphrates River.

7:45 AM

Shi'ite militia kill dozens of Iraqi Sunnis in mosque shooting

BAGHDAD (Reuters) - Iraqi Shi'ite militiamen machine gunned minority Sunni Muslims in a village mosque on Friday, killing dozens just as Baghdad is trying to build a cross-community government to fight Sunni militants whose rise has alarmed Western powers.

7:12 AM

Draghi says ECB ready to adjust policy if inflation drops further

JACKSON HOLE Wyo: The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action in September.

7:10 AM

European powers float idea of Gaza monitoring mechanism

UNITED NATIONS (Reuters) - Britain, France and Germany have floated the idea of creating a monitoring and verification mechanism for any future ceasefire between Israel and the Palestinians in the Gaza Strip to prevent future conflicts, a senior British diplomat said on Friday.

7:09 AM

HSBC is sued in US for US$250 million over alleged role in 'death bonds'

NEW YORK HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled.

7:05 AM

Malaysian palm oil skids for third week past five-year lows

JAKARTA: Malaysian palm oil subsided further on Friday, falling for an eighth-consecutive session to its lowest in more than five years as soybean and crude prices weighed on the market, and defaults and volatility spooked traders.

7:02 AM

Atletico's Mandzukic strikes early to clinch Super Cup

(Reuters) - Atletico Madrid striker Mario Mandzukic's early goal secured a 1-0 win over Real Madrid and a 2-1 aggregate success to clinch the Spanish Super Cup and gain some revenge for last season's Champions League final defeat.

7:01 AM

Rocket Internet and Zalando to unveil listing plans in Sept

FRANKFURT: German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.

6:58 AM

Scott grabs share of lead, McIlroy recovers nicely

PARAMUS New Jersey (Reuters) - Adam Scott used a run of four successive birdies on Friday to vault into a share of the halfway lead at The Barclays, and Rory McIlroy joined the fray at the opener of the four-event FedExCup playoffs.

6:58 AM

Dynegy cuts exposure to wholesale power with deals worth US$6.25 billion

NEW YORK: Power company Dynegy Inc said on Friday that it would buy coal and gas power plants for US$6.25 billion to increase its presence in two less regulated eastern U.S. markets, sending its shares up as much as 22.5 percent.

6:57 AM

Amazing to be back, says Badstuber after long layoff

MUNICH (Reuters) - Bayern Munich defender Holger Badstuber returned to the Bundesliga after a 20-month injury layoff as the champions launched their season by beating VfL Wolfsburg 2-1 on Friday.

6:57 AM

Robben, Mueller score as Bayern start with win

MUNICH Germany (Reuters) - Champions Bayern Munich made a winning start in the Bundesliga on Friday, beating ambitious VfL Wolfsburg 2-1 with Dutchman Arjen Robben scoring one goal and setting up the other for World Cup winner Thomas Mueller.

6:55 AM

LSE unveils $1.6 billion rights issue for Frank Russell deal

LONDON: London Stock Exchange Group Plc is raising 938 million pounds ($1.6 billion) in its first rights issue of new stock to part fund the acquisition of U.S. indexes group Frank Russell.

6:53 AM

Former Qualcomm executive pleads guilty to insider trading

NEW YORK: A former Qualcomm Inc sales director has pleaded guilty to insider trading in Atheros Communications Inc after learning that his company planned to buy the rival chipmaker in 2011.

6:49 AM

Southeast Asian stocks: Indonesia falls, Thai near 15-month high, Malaysia up

BANGKOK: Indonesia's benchmark index snapped a four-day rising streak on Friday amid selling in recently rallying large caps, while Thai shares eked out more gains to a near 15-month high as investors built positions in tourism-related stocks and retailers.

6:47 AM

S&P 500, Dow end lower after Ukraine tension escalates

NEW YORK: Stocks ended mostly lower on Friday as Ukraine-Russia tensions reignited and remarks from Federal Reserve Chair Janet Yellen failed to give investors any clues on interest rate hikes.

6:45 AM

US Fed's Yellen calls for caution on rates; Draghi says ECB ready to act

JACKSON HOLE Wyo.: The Federal Reserve should move cautiously in deciding when to raise interest rates given the U.S. labour market remains bruised from the Great Recession, Fed Chair Janet Yellen said on Friday amid calls from policy hawks for a near-term rate hike.

6:42 AM

Global stocks pause, dollar jumps on Yellen comments, Ukraine

NEW YORK: Wall Street and other stock markets paused on Friday, halting the week's strong gains, as worsening Ukraine tensions dogged trading, while the dollar rose after Federal Reserve Chair Janet Yellen said policymakers eyeing interest rate hikes need to move cautiously.

6:39 AM

Goldman Sachs, US agency in mortgage settlement worth $1.2 billion

NEW YORK: Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday.

5:55 AM

National Guard starts to pull out of embattled Missouri town

FERGUSON Mo. (Reuters) - National Guard troops began leaving Ferguson, Missouri, on Friday in a sign authorities are increasingly confident they have quelled the worst of the violence that erupted after a white police officer fatally shot an unarmed black teenager.

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  1. MH17 day of mourning: A minute’s silence observed at 10.55am
  2. MH17 day of mourning: Plane bearing remains touches down in KL
  3. MH17: Day of mourning photo gallery
  4. MH17 day of mourning: White hearses arrive at KLIA
  5. Full military ceremony to accompany arrival of 20 Malaysians’ remains
  6. MH17: Special flight with victims' remains leaves Amsterdam
  7. MH17: Names of 20 Malaysian victims announced
  8. MH17: Malaysia ready to receive remains with final rehearsal
  9. A father’s enduring love
  10. A minute’s silence on Friday morning

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