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South Korea prosecutor seeks arrest of Samsung chief for bribery

Samsung Electronics vice chairman Jay Y. Lee arrives to attend a hearing at the National Assembly in SeoulSEOUL (Reuters) - South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye.



South Korea prosecutor says Samsung's Lee paid bribes to Park's friendSouth Korea's special prosecutor's office said on Monday that Samsung Group leader Jay Y. Lee had paid bribes totaling 43 billion won ($36.42 million) to Choi Soon-sil, the friend of President Park Geun-hye at the center of an escalating corruption scandal. The prosecutor's office said on Monday it will seek a warrant to arrest Lee on charges of bribery and embezzlement. Lee Kyu-chul, a spokesman for the prosecutor's office, told journalists that arrest warrants would not be sought for three other Samsung executives questioned during the investigation.
Samsung Group says does not accept bribery accusationsSouth Korean conglomerate Samsung Group said on Monday it could not accept the special prosecutors' accusations that its leader, Jay Y. Lee, paid bribes to further his succession or the merger of two affiliates in 2015. "It is difficult to understand the special prosecution's decision," Samsung Group said in an email statement in response to the special prosecutors' decision to request an arrest warrant for Lee, the third-generation leader of South Korea's top conglomerate. The prosecutors also said in their indictment of National Pension Service (NPS) chief Moon Hyung-pyo that he received an order from President Park Geun-hye to help the 2015 merger of Samsung C&T Corp and Cheil Industries Inc succeed.
Iraqi troops advance in eastern Mosul amid fierce clashesBAGHDAD (AP) ? A senior Iraqi commander says fierce clashes between special forces and Islamic State militants are taking place in two neighborhoods in eastern Mosul.
Egypt court rules against handing islands to Saudi Arabia

Egyptian lawyer and former presidential candidate Khaled Ali celebrates after the Supreme Administrative Court said two islands, Sanafir and Tiran, are Egyptian, debunking the government's claim that they were Saudi, in Cairo, Egypt, Monday, Jan. 16, 2017. An Egyptian court has ruled against the government's decision to hand over two Red Sea islands to Saudi Arabia, a landmark verdict likely to deepen tension with the kingdom. (AP Photo/Amr Nabil)CAIRO (AP) ? An Egyptian court ruled on Monday against the government's decision to hand over two Red Sea islands to Saudi Arabia ? a landmark verdict likely to deepen tensions with the kingdom and embarrass the government of President Abdel-Fattah el-Sissi.



Murray, Kerber win their 1st major matches as top seeds

Britain's Andy Murray yells out while playing Ukraine's Illya Marchenko in their first round match at the Australian Open tennis championships in Melbourne, Australia, Monday, Jan. 16, 2017. (AP Photo/Aaron Favila)MELBOURNE, Australia (AP) ? In his first Grand Slam match with the elevated status of having a knighthood and the No. 1 ranking, Andy Murray berated himself when he made mistakes and frequently yelled during a 7-5, 7-6 (5), 6-2 win over Illya Marchenko.



Pound sags amid 'hard Brexit' signals ahead of May speech

Pound sags amid 'hard Brexit' signals ahead of May speechThe British pound fell to a three-month low on Monday amid reports Prime Minister Theresa May is about to set the U.K. on the road to a clean break with the European Union, pushing the country into uncertain ...



Europe hits back at Trump over NATO, Iran deal

US President-elect Donald Trump in a hard-hitting interview with two major European newspapers, unleashed a volley of verbal attacks on EuropeTop European officials hit back at US President-elect Donald Trump on Monday after he branded the NATO alliance "obsolete" and lashed out at a key nuclear deal with Iran. In a hard-hitting interview with two major European newspapers, Trump unleashed a volley of verbal attacks on Europe, dubbing German Chancellor Angela Merkel's refugee policy "catastrophic" and hailing Britain's decision to leave the EU. "The European Union will continue to work for the respect and implementation of this extremely important deal, most of all for our security," she said.



Turkey takes key step to expanding Erdogan powers

Turkish President Recep Tayyip ErdoganTurkey was a key step closer on Monday to dramatically expanding the powers of President Recep Tayyip Erdogan after parliament approved, on first reading, a bill critics fear will lead to one-man rule. The ruling Justice and Development Party (AKP) mustered the necessary 330 or more votes -- a three-fifths majority -- needed to adopt the constitutional change and send it to a referendum for final approval.



German ministers reject Trump remarks on car tariffs

FILE - In this Jan. 13, 2017 file photo, President-elect Donald Trump speaks with reporters in the lobby of Trump Tower in New York. Trump has offered views on U.S. relations with Asia that could indicate radical shifts in long-standing policy toward the region. From opposing free trade agreements to confronting China and questioning Japan-South Korea alliances, he appears set to be charting a course far different from previous administrations. (AP Photo/Evan Vucci, File)BERLIN (AP) ? Senior German officials reacted with surprise and alienation Monday to comments made by President-elect Donald Trump, who said in an interview that NATO was "obsolete" and threatened Germany's automakers with hefty import taxes.