Philippines tries to intercept bandits as more Indonesians snatched at sea
- Wall Street lower as oil snaps four-day rally
- Equinix (EQIX) Announces $3.6B Acquisition of Data Center Portfolio from Verzion (VZ)
- Trump Wants to Cancel New Air Force One Order with Boeing (BA)
- Roper Industries (ROP) to acquire Deltek in $2.8B Deal
- Twitter (TWTR) Engagement Appear to be Improving and MAUs are Solid - Analyst
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
MANILA (Reuters) - Masked gunmen kidnapped two Indonesian fishermen in waters off eastern Malaysia and military units were on alert to intercept them as they headed towards the southern Philippines, the army said on Sunday.
Five men snatched the two fishermen late on Saturday from a Malaysian-registered fishing trawler off Sabah. The army suspects the incident could be the work of Abu Sayyaf rebels.
"The gunmen and their victims sped off towards the southern Philippines," army spokesman, Major Filemon Tan, told reporters, adding ground and naval units were trying to intercept the assailants.
Abu Sayyaf operates in the Sulu Archipelago close to Malaysia and was founded with a separatist agenda, pledging allegiance to Islamic State and al-Qaeda.
But it is better known for its lucrative acts of banditry and piracy that have not abated, even as Philippine troops step up offensives to dismantle the network.
President Rodrigo Duterte discussed the maritime threat of Abu Sayyaf with Malaysian Prime Minister Najib Razak recently, agreeing to cooperate to stop the kidnapping.
Abu Sayyaf's tactics are brutal, decapitating hostages when ransom demands are not met.
They are holding 22 captives, including a Dutch, a German, a South Korean, five Malaysians, two Indonesians, six Vietnamese and six Filipinos.
(Reporting by Manuel Mogato; Editing by Martin Petty and Kim Coghill)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Greece hails debt relief, urges Germany and IMF to drop austerity demands
- Trump scales back plans for 'huge' wall - at Irish seaside golf course
- Suspect charged in Louisiana shooting death of ex-NFL player McKnight
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!