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Italian ship attacked by pirates in Mexico, two crew hurt

MEXICO CITY (Reuters) - Pirates attacked an Italy-flagged offshore supply vessel in the southern Gulf of Mexico, injuring two crew members, the Mexican Navy said on Tuesday, in the latest outbreak of robbery and piracy to hit oil platforms and infrastructure in the area.

A record US$173bil flowing from S. Korea into risky assets

SEOUL: A hunt for yield is prompting South Korean investors to pile tens of billions of dollars into unconventional assets abroad, raising risks of losses on unfamiliar products.