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  • Hindu board in Malaysia files complaint over missing gold

    A Hindu endowment board that conducts the affairs of the Hindu community and temples in a Malaysian state has lodged a police complaint after three gold bars went missing from its office. The Penang Hindu Endowment Board lodged the complaint May 17 over the three gold bars that went missing Dec 26 last year from its office in Georgetown, capital of Penang state, the Malaysian Star reported ...

  • Malaysian Indian Congress leader denies quitting party post

    K.P. Samy, a member of the Central Working Committee (CWC) of the Malaysian Indian Congress (MIC), has denied reports that he would quit the post as he was not offered a senatorship in the upper house of the Malaysian parliament. "I had merely offered to step down to give way to younger leaders but the president urged me to stay on," the Malaysian Star quoted him as saying in a press conference ...

  • Malaysian Indian Congress to hold working committee meeting May 23

    The Central Working Committee (CWC) of the Malaysian Indian Congress (MIC) will hold its meeting Thursday, thereby setting into motion the process of holding the party's presidential election. Party vice president M. Saravanan said the CWC members will mainly discuss the formation of the election committee, the New Straits Times reported Monday. Formed in 1946, MIC is one of the oldest ...

  • KLCI inches up in early trade boost from PPB Group HLFG

    , but the overall breadth of the market was firm. At 9.09am, the FBM KLCI was up 1.46 points to 1,778.61. Turnover was 174.78 million shares valued at RM94.25mil. Advancing counters beat decliners 301 to 70 or a margin of more than four to one, as retail interest in lower liners and penny stocks rose. BIMB Securities Research said despite the late profit taking on Monday, "we may continue ...

  • Malaysias Titan seeks up to 130000 tonnes of naphtha

    SINGAPORE: Malaysia-based Lotte Chemical Titan, a unit of South Korea's top ethylene maker Lotte Chemical, is seeking up to 130,000 tonnes of naphtha for July 2013 to June 2014 delivery, traders said on Monday. The volumes are lower than the 200,000 tonnes of full-range naphtha it bought last year for October 2012 to September 2013 delivery at about $2 a tonne premium to Japan quotes on a ...

Movie Review

Danger: Diabolik [DVD]

Danger: Diabolik [DVD]

Danger: Diabolik is best known now as a candy-colored campfest, particularly after its popularity on Mystery Science Theater 3000. As a fragment of the psychedelic 60s, it is clearly a fascinating historical object, but all the ironic jabs and biting jokes made at its ... ...

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  • Maybank KE Research maintains Buy on Gamuda TP RM5.30

    with a target price of RM5.30 which is 16.5 times the 2014 earnings. It said on Tuesday its recent visit to the southern portion of the Klang Valley MRT 1 construction reinforced its positive view that MMC-Gamuda is strongly poised to clinch the project delivery partner (PDP) role and tunneling works for KVMRT 2. Maybank Research said this was because of the high barriers to entry and the joint ...

  • British PM tells Google and others to play fair on paying tax

    and other business leaders that he expected their companies to pay their taxes in exchange for benefiting from low tax rates. Cameron's intervention came days after British lawmakers accused Google of using "smoke and mirrors" to avoid paying tax, fuelling a debate over corporate taxation that has angered the public and led to calls for a tougher approach from the government. ...

  • Trading ideas Pos Malaysia BToto Notion Vtech

    (BToto) and Notion VTech to be among the counters to see trading interest on Tuesday. It said Pos Malaysia's quarterly net profit rose 21% to RM32mil with net cash per share rising to RM1.21 as of end-March. HDBSVR said as for B-Toto, it expects the listing of its business trust in Singapore to take place by end-August. Notion Vtech announced the distribution of share dividend (on the basis ...

  • Yahoo buying Tumblr for US$1.1bil vows not to screw it up

    will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal, announced on Monday, is a bold bet by ...

  • Actavis to buy Warner Chilcott in US$5bil stock deal

    for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits. The Warner Chilcott acquisition brings two new businesses - gastroenterology and dermatology - and adds additional women's health drugs like branded contraceptives to Actavis, which makes and sells drugs that are no longer under patent protection. This is the second major purchase in the past two ...

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