Receive Breaking News updates as they occur
Philippine boxing hero Manny Pacquiao announced Wednesday he would likely retire next year after one last fight to focus on a career in politics, hopefully as a senator. The Rags-to-riches Philippine idol Manny Pacquiao has previously said his greatest fight is to battle poverty, winner of an unprecedented eight world titles in as many weight divisions and at times touted as a future president of the Philippines, said he had taken career advice from God. Pacquiao turned professional when he was 16 years old and has won 57 fights, including 38 knockouts while losing six, three of them knockouts.
Four people were arrested in Australia on Wednesday over the terror-linked murder of a police employee after coordinated raids by more than 200 officers on properties across Sydney. Farhad Jabar, 15, who authorities said was born in Iran of Iraqi and Kurdish background and had no previous criminal history, shot the 58-year-old in the back of the head while reportedly shouting religious slogans. The teenager was gunned down in an exchange of fire with police special constables soon after.
Asian stocks held firm on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank of Japan policy meeting. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.7 percent, hitting its highest level in nearly three weeks and extending gains to 7.5 percent from three-year lows set on Sept. 29. Japan's Nikkei was almost flat ahead of the Bank of Japan policy announcement later in the day.