By Keith Wallis SINGAPORE (Reuters) - Oil prices fell in Asia on Monday as traders took profits, snapping gains last week that saw the biggest two-day rally in six years. Brent crude futures for October delivery slipped more than $1, or 2 percent, before recovering although that still put the benchmark on track for its fourth straight monthly decline, having risen in only two of the past 14 months. "There is definitely a lot of profit-taking going on," said Daniel Ang, an analyst at Singapore's Phillip Futures.
Thai police say they are seeking two new suspects â€” a Thai woman and a foreign man of unknown nationality â€” in the widening investigation into Bangkok's deadly bombing two weeks ago. The police released a photo of the woman's Thai identification card and a sketch of the man in a televised announcement Monday. The Aug. 17 bombing of the Erawan Shrine in central Bangkok left 20 people dead and more than 120 injured.
By Saikat Chatterjee HONG KONG (Reuters) - Global financial markets looked set for another rough week on Monday, with stocks and commodities falling ahead of data that could give clues on when the U.S. will raise interest rates and surveys which are likely to point to further weakness in China. Confusion over policy direction in the world's two largest economies sent global markets into turmoil early last week, with the wildest price swings in years pushing investors to the exits. European shares looked set to follow Asian shares and U.S. stock futures lower on Monday, with Germany's share index expected to open down 1.35 percent and France's CAC 40 likely to fall 1.39 percent, according to IG.
(Reuters) - BNY Mellon Corp expects to fix the computer glitch that disrupted pricing of U.S. mutual funds and exchange-traded funds before markets open on Monday, its chief executive said. The resolution of the issue, which affected the calculation of billions of dollars of assets last week, has taken far longer than expected, CEO Gerald Hassell said on a conference call, a transcript of which was made available to Reuters. "We expect to complete Friday's NAVs for all but one of the affected fund clients by tomorrow morning ... Our goal is to provide fund clients with system-generated NAVs for Monday by tomorrow night," Hassell said on Sunday night.
Thai police said Monday they discovered bomb-making materials during a raid of a second apartment on the outskirts of the capital, as authorities widened their search for suspects behind Bangkok's deadly bombing. National police spokesman Prawuth Thavornsiri said that police found fertilizer, gun powder, digital clocks and remote-controlled cars whose parts can be used for detonation, among other items, during a raid over the weekend at an apartment in Bangkok's Min Buri district. Prawuth said police were looking to issue three or four more arrest warrants but declined to give more details.
The Titanic's last lunch menu â€” saved by a passenger who climbed aboard the so-called "Money Boat" before the ocean liner went down â€” is going to auction, where it's estimated it will bring $50,000 to $70,000. Abraham Lincoln Salomon was one of a handful of first-class passengers who boarded the lifeboat â€” dubbed the "Money Boat" or "Millionaire's Boat" by the press because of unfounded rumours one of them bribed seven crew members to quickly row the boat away from the sinking ship rather than rescue others. The menu, which listed corned beef, dumplings and other savory items, is signed on the back in pencil by another first-class passenger, Isaac Gerald Frauenthal, who escaped on another lifeboat.
Miley Cyrus' various costumes for Sunday's MTV Video Music Awards were for the most part nearly naked â€” and then she took it a step farther and flashed her nipple during a costume change. As the camera panned backstage, Cyrus failed to cover up and the broadcast quickly cut away to the crowd while she continued to talk. Mariana Agathoklis, a representative for MTV, said the shot would be removed from future broadcasts of the show.
Taylor Swift won video of the year, Miley Cyrus briefly flashed one of her breasts and Kanye West ranted at the MTV Video Music Awards. After Swift won the top prize for "Bad Blood," Cyrus was backstage speaking and hiding behind a curtain, but one of her breasts appeared onscreen before the camera cut away. MTV said the clip will be removed from all future broadcasts.
Several thousand people gathered Sunday to honour three U.S. Forest Service firefighters killed battling wildfires in Washington state. "They dedicated their lives to protecting our national forests and the people in the communities surrounding them," Forest Service Chief Tom Tidwell said in a eulogy. The memorial service for 20-year-old Tom Zbyszewski, 26-year-old Andrew Zajac, and 31-year-old Richard Wheeler took place in Wenatchee.
The idea was raised in a talk-show interview with Republican contender Scott Walker, who after being pressed twice by the interviewer appeared to agree it was worth considering. The exchange about Canada never even made it to air, and was edited out of the interview highlights that ran on "Meet The Press" and was simply posted on NBC's website. A textbook example was a piece in Politico magazine last fall headlined, "Fear Canada: The real terrorist threat next door." Its first 18 paragraphs were about Mexico.
Had Vancouver resident Sherrell Hutchingson been standing a foot to the side while opening her car door during Saturday's vicious windstorm it's unlikely she'd be able to tell her close-call story of a large tree narrowly missing her as it crushed her vehicle. Hutchingson's experience was part of a myriad reported incidents of other smashed vehicles and wrecked roofs following a brutal windstorm that tore down trees and branches, wreaking havoc across southwestern British Columbia and leaving at its height an estimated 500,000 people without power. Eighty-kilometre-an-hour winds buffeted the Greater Vancouver Area, at one point toppling a tree onto a woman in her 40s who was walking with her daughter in Surrey.
The U.S. flag flew at half-staff at Turner Field on Sunday, one day after a fan died following his fall from the upper deck into the lower-level stands during a game between the Atlanta Braves and New York Yankees. Mary Beth Hauptle, an investigator with the Fulton County Medical Examiner, identified the victim as Gregory K. Murrey, 60, of Alpharetta, Georgia. Murrey was pronounced dead at Grady Memorial Hospital.
President Barack Obama will change the name of North America's tallest mountain peak from Mount McKinley to Denali, the White House said Sunday, bestowing the traditional Alaska Native name on the eve of a historic presidential visit to Alaska. By renaming the peak Denali, an Athabascan word meaning "the high one," Obama is wading into a sensitive and decades-old conflict between residents of Alaska and Ohio. Alaskans have informally called the 20,320-foot (6,194-meter) mountain Denali for years, but the federal government recognizes its name evoking the 25th president, William McKinley, who was born in Ohio and assassinated early in his second term.
Community religious leaders gathered Sunday to remember 24-year-old reporter Alison Parker and 27-year-old cameraman Adam Ward, the two television journalists who were shot and killed while working last week. The interfaith service at the Jefferson Center in Roanoke was filled with sombre prayers across several religions, along with music from the Roanoke Symphony Orchestra and others. The ceremony began with a slideshow of the WDBJ-TV journalists wearing warm smiles as they worked as a tag-team on stories.
President Barack Obama will change the name of North America's tallest mountain peak from Mount McKinley to Denali, the White House said Sunday, bestowing the traditional Alaska Native name on the eve of a historic presidential visit to Alaska. By renaming the peak Denali, an Athabascan word meaning "the high one," Obama is wading into a sensitive and decades-old conflict between residents of Alaska and Ohio. Alaskans have informally called the 20,320-foot mountain Denali for years, but the federal government recognizes its name invoking the 25th president, William McKinley, who was born in Ohio and assassinated early in his second term.