FRANKFURT (Reuters) - Deutsche Bank announced cutbacks to its bond and equities trading on Thursday in a major overhaul of its troubled investment bank, after posting a 79 percent drop in net profit in the first quarter.

SEOUL (Reuters) - North Korea's pledge to dismantle its Punggye-ri nuclear test site sounds like a big step forward but verifying whether that will actually happen will be difficult, underlining the complexities of any deal it may strike with the United States.

BORACAY, Philippines, April 26 (Reuters) - Volunteers combed near-empty beaches and workers boarded up shops on the island of Boracay on Thursday, as the Philippines' top tourist hotspot closed for a six-month makeover aimed at rescuing it from ruin.

LONDON (Reuters) - Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year to $1.7 billion at its most recent funding round, making it the first of Britain's digital-only banks to reach unicorn status.

SUZHOU, China (Reuters) - Scrap metal regeneration companies in China are likely to come under "huge pressure" after the country moved to ban imports of more types of solid waste, the head of a Chinese metal recycling body said on Thursday.

SEOUL, April 26 (Reuters) - North Korea's pledge to dismantle its Punggye-ri nuclear test site sounds like a big step forward but verifying whether that will actually happen will be difficult, underlining the complexities of any deal it may strike with the United States.

MOSCOW, April 25 (Reuters) - Moscow is holding off on taking retaliatory measures against the United States for imposing sanctions on Rusal, hoping the EU can persuade Washington to ease restrictions against the world's second largest aluminum producer further, sources told Reuters.

LONDON, April 26 (Reuters) - In just over three weeks, U.S. actress Meghan Markle will join a select group of "commoners" to marry into a royal family when she weds Britain's Prince Harry at Windsor Castle.

BANGKOK/PHNOM PENH (Reuters) - Thai immigration police have detained the leader of a Cambodian opposition group based in Denmark, Human Rights Watch (HRW) said on Thursday, while a Cambodian official said the government was in discussion with Thailand on the man's extradition.