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Ex-Malaysian Indian lawyer three others get death
A former Malaysian Indian lawyer and three others were sentenced to death Thursday in the high profile murders of a Malaysian businesswoman and three others in 2010. The high court in Shah Alam, the capital of the Malaysian state of Selangor, sentenced former lawyer N. Pathmanabhan, 43, and farm hands T. Thilayalagan, 21, R. Matan, 22, and R. Kathavarayan, 33, for the murders of cosmetics ...
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Indian-origin mans death in custody classified as murder
The death of a 32-year-old Indian-origin man while in police custody in Malaysia has now been classified as a murder. N. Dharmendran had died Tuesday while he was in a lock-up at the Kuala Lumpur police headquarters. According to city police chief Mohmad Salleh, the post-mortem report showed that Dharmendran might have been murdered while in police custody, local media reported Thursday. "The ...
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First edition of Great Gatsby to be sold at auction can fetch US$150000
NEW YORK: A first edition copy of F. Scott Fitzgerald's masterpiece, "The Great Gatsby," will be up for sale next month and could fetch up to $150,000, Sotheby's said on Thursday. The book, which once belonged to the critic and author Malcolm Cowley, will go under the hammer along with a group of Fitzgerald's letters and an unpublished poem in the June 11 books and ...
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Crown selling entire 10 in rival Echo partly owned by Genting
, the operator of Sydney's sole casino, a source with knowledge of the sale said. Crown is seeking in a book build through UBS to sell 82.5 million Echo shares at A$3.20 each, or for a total of A$264 million ($255.51 million), according to a term sheet provided by the source. That's a 7 percent discount to the stock's closing price on Thursday. The sale comes a week after Crown ...
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Wall Street sags HP hits 52-week high
shares jumped more than 17 percent to a fresh 52-week high a day after the world's largest PC maker raised its outlook. The stock's surge supported the Dow and helped limit the S&P 500's decline. For most of the morning, the market had been pulled lower by worries that the Fed's stimulus may be scaled back sooner than hoped and after weak factory data in China. ...
Movie Review
Fired Up!
Judging from the amount of bleeping during the outtakes at the end of Fired Up!, a teen-animal comedy about a couple of jocks who get in touch with their inner pompoms while trying to score with the short-skirted set at a cheerleading camp, it is a sure thing that ther ... ...
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Billionaire Icahn seeks up to US$7bil for Dell bid
and Silver Lake Partners. Icahn and Southeastern are seeking at least $5.2 billion and as much as $7 billion in lender commitments, sources said. "They want the shareholders to know that they have an alternative," another source said. Jefferies is understood to have committed $1.6 billion to the bridge loan. The arranger is asking for commitments as large as $1 billion and is expected ...
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Commodities trader sues BP Shell others for alleged oil price fixing
Prime International Trading Ltd in a proposed class-action lawsuit filed in the courthouse in White Plains, New York on Wednesday, accused the oil companies of misreporting prices of trades in the North Sea benchmark, which sets the price of about 70 percent of the world's oil. The lawsuit comes on the heels of a European Commission probe into potential market abuse involving the reporting ...
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Goldman Sachs unveils checks on conflicts in bid to fix tarnished image
's Lloyd Blankfein claimed success in putting the bank and his legacy as CEO back on track. At Goldman's annual meeting on Thursday, Blankfein unveiled details of a three-year review and overhaul of the bank's practices in dealing with clients, following high-profile missteps that tarnished its reputation in the aftermath of the financial crisis. The overhaul imposes checks, ...
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Singapore GDP growth surprises beats economists’ forecast of contraction
SINGAPORE: Singapore reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared. The city-state, whose economy is heavily dependent on trade, manufacturing and financial services, said gross domestic product (GDP) expanded 1.8% quarter-on-quarter in January-March, seasonally adjusted and annualised ...
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China Railway Corp sells US$3.26bil of debt
, the new commercial entity created out of the restructured Railways Ministry, has auctioned its first issue of debt, selling 20 billion yuan (US$3.26bil) of five-year medium-term notes at a yield of 4.5%, traders said. This is the first time China Railway Corp has issued debt since its ministry parent was dissolved in March, following a series of corruption scandals that culminated in the ...
Making the news
Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.
David Beckham
The world's best known footballer was speaking after formally announcing his retirement.
Hotel Review
Metro Hotel on Pitt
A truly affordable hotel in Sydney, with stylish decor, great location and in-house snazzy brasserie? If the notion of affordable ...
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Indian-origin men jailed in Malaysia
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