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Philippine economy expanded 7.2 per cent in 2013, disasters hit 4Q

MANILA, Philippines—The Philippine economy expanded 7.2 per cent in 2013 despite the havoc wrought in the last months of the year by a …

Report: Olympic champion Ian Thorpe in rehab, batting depression, alcohol

SYDNEY, Australia—Australian media reports say five-time Olympic champion swimmer Ian Thorpe has checked into a rehabilitation facility in Sydney while …

Oil stays above $98 as data signal stronger U.S. demand

The price of oil was little changed Friday, remaining above US$98 a barrel as signs of stronger recoveries in the …

Japan sees rises in inflation, factory output, as stimulus led recovery gains momentum

TOKYO—Japan’s consumer price index rose 0.4 per cent in 2013, the first increase in five years, in further evidence the …

Back pain gone, Phil Mickelson struggles with game in first round of Phoenix Open

SCOTTSDALE, Ariz.—Phil Mickelson’s back was better than his game Thursday in the Phoenix Open. Returning to play after withdrawing from …

Hawaii man sentenced to 18 months for hoax report of hijacker on Alaska Airlines flight

HONOLULU—A judge handed an 18-month prison sentence to a Hawaii man who admitted he falsely reported a possible airplane hijacking …

In latest sign of trouble, Justin Bieber is arrested on charges of DUI, resisting arrest

MIAMI BEACH, Fla.—When he debuted five years ago, Justin Bieber was a mop-haired heartthrob, clean cut and charming. But a …

2 California men charged with stealing, posting nude photos from hacked email accounts

LOS ANGELES—The former owner of a notorious “revenge porn” website and another California man have been charged with stealing nude …

Billionaire Icahn invests another $500 million in Apple, arguing the stock remains a bargain

SAN FRANCISCO—Outspoken billionaire Carl Icahn has tossed another bushel of Apple stock into his investment portfolio and suggested some new …

Starbucks reports higher profit but growth slows; lower coffee costs boost results

NEW YORK—Starbucks says its quarterly profit rose by 25 per cent as it benefited from lower coffee costs and stronger …

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