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| China arrests seven in 1:100 leveraged futures scam | | | By Adam Jourdan SHANGHAI (Reuters) - Chinese authorities have arrested seven people who allegedly lured in half a billion dollars from investors by illegally offering huge amounts of leverage as high as lending 100 yuan for every yuan in collateral, a prosecutor said on Friday. The Longwan district prosecutor in the coastal city of Wenzhou said on its official microblog that Wenzhou Guoding Investment had set up a virtual platform for futures trading, conducting 3.2 billion yuan ($515.4 million) of illegal business. Leverage enables investors to make a fortune overnight by magnifying any gains on their investment, but also means any losses can be huge and abrupt if an investment turns bad. |
| Return of Thai protest leader raises fears for fragile calm | |  By Amy Sawitta Lefevre BANGKOK (Reuters) - The return to public life in Thailand of a fiery pro-establishment politician risks ending a period of calm and could lead to the delay of an election the ruling military has promised to hold next year, an opposition leader said on Friday. Suthep Thaugsuban led occasionally violent protests backed by the Bangkok-based establishment against the populist government of Prime Minister Yingluck Shinawatra in 2014. The military eventually ousted the government in May last year, to Suthep's delight, saying it had to take power to end the demonstrations and avoid more bloodshed.
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| Tokyo Electric execs to be charged over Fukushima nuclear disaster | |  A Japanese citizens' panel ruled on Friday that three former Tokyo Electric Power (Tepco) executives should be indicted for failing to take measures to prevent the 2011 Fukushima nuclear disaster, Kyodo news agency said. Tokyo prosecutors in January rejected the panel's judgment that the three should be charged, citing insufficient evidence. The panel ruled that the former executives had failed to take countermeasures to strengthen the Fukushima Daiichi nuclear plant despite foreseeing the dangers it faced from tsunamis, Kyodo said.
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| Families of MH370 victims renew talk of compensation after debris find | |  By Swati Pandey SYDNEY (Reuters) - The discovery of plane debris washed up on a remote island in the southern Indian Ocean has rekindled efforts by family members of passengers on board a missing Malaysia Airlines flight to seek greater compensation, aviation lawyers said. Malaysia Airlines Flight MH370 disappeared in March last year en route from Kuala Lumpur to Beijing with 239 passengers and crew on board. Zhang Qihuai, a lawyer representing the families, told Reuters more than 30 family members in China have already agreed to sue if the debris is confirmed to be a part of the missing plane.
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| Palestinian toddler killed in suspected Jewish extremist attack | | | By Ali Sawafta DUMA, West Bank (Reuters) - Suspected Jewish extremists set fire to a Palestinian home in the occupied West Bank on Friday, killing an 18-month-old baby and seriously injuring several other family members, an act that Israel's prime minister described as terrorism. |
| China says former senior police chief suspected of murder | | | China's anti-graft watchdog accused the former police chief of the Chinese region of Inner Mongolia of suspected murder on Friday, saying he would be prosecuted for crimes that include bribery and illegal possession of firearms. Zhao Liping was in charge of the police in Inner Mongolia from 2005 until 2010 and had worked for almost three decades as a police officer. The ruling Communist Party's Central Commission for Discipline Inspection said that Zhao took bribes, illegally owned firearms and was an adulterer. |
| Greece's Tsipras asserts control over party with congress vote | |  By Renee Maltezou and Angeliki Koutantou ATHENS (Reuters) - Greece's ruling Syriza movement backed a call on Thursday from Prime Minister Alexis Tsipras to hold an emergency party congress as he seeks to assert his control over rebel lawmakers balking at new bailout talks. At a meeting of the Syriza movement's 200-member central committee held in an old cinema hall, Tsipras defended his decision to accept harsh bailout terms as the best deal anyone could win for Greece. The emergency congress will allow Tsipras to bring in new members and capitalise on the wider public support he has secured over the past two years, making it easier to defeat the far-left camp.
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| Religious assailant attacks Jerusalem Gay Pride parade, wounding six | |  By Allyn Fisher-Ilan JERUSALEM (Reuters) - An ultra-Orthodox Jewish man stabbed and wounded six participants, two of them seriously, in the annual Gay Pride parade in Jerusalem on Thursday, with police saying the suspect was jailed for a similar attack 10 years ago. "We heard people screaming, everyone ran for cover, and there were bloodied people on the ground," Shai Aviyor, a witness interviewed on Israel's Channel 2, said. It was the worst attack in years on the event in Jerusalem, a divided city where the religious population is more prominent than in other parts of Israel and highlighted the tension nationwide among disparate social groups.
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| China paper says "wicked man wiped out" after graft probe | |  China's top newspaper lauded the decision to prosecute a former senior military officer for graft on Friday, saying in unusually strong language that a "wicked man" had been wiped out by the "anti-corruption sword". Guo Boxiong, who was a vice chairman of the powerful Central Military Commission until he stepped down in 2012, has been accused of bribery and abuse of power and expelled from the ruling Communist Party, the government said on Thursday night. The party's official People's Daily said in a front-page editorial that the decision to go after Guo meant there would be no let up in the fight against corruption, and that his case would act as a powerful warning to others.
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