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  • Highlights Is mal-apportionment pro-rural pro-Malay or pro-Umno

    Reset ONE reason why electoral fraud and manipulation have not raised widespread objection is the myth that it is the necessary evil for the Malay-Muslims' political dominance. The bipolar society which Malaya was in the 1950s - with about equal number of Malays and non-Malays - led the Malay nationalists to be highly suspicious of democracy. Thinking in zero-sum game's mentality, like ...

  • Sumatec up ahead of meeting on OG asset buy plan

    shares and warrants advanced on Thursday ahead of a shareholders' meeting on the purchase of of oil and gas (O&G) assets in Kazakhstan on Friday. At 9.55am, Sumatec shares rose 3.5 sen to 24.5 sen. There were 11.45 million shares traded. Its warrants, Sumatec-WA rose two sen to 11.5 sen with 5.55 million units done. However, the FBM KLCI fell 11.12 points to 1,761.76. Turnover was ...

  • Malaysias KLCI falls nearly 10 points in early trade

    KUALA LUMPUR: Malaysia's FBM KLCI fell nearly 10 points in early trade, reflecting the cautious key regional markets, after the US Federal Reserve said it would begin slowing the pace of its bond-buying stimulus later this year. At 9.02am, the KLCI was down 9.85 points to 1,763.03. Turnover was 66.90 million shares valued at RM21.86mil. There were 35 gainers, 158 losers and 94 counters ...

  • Ringgit falls to 1-yr low at 3.2010 versus US dollar

    KUALA LUMPUR: The ringgit fell to a one-year low of 3.2010 against the US dollar in early trade on Thursday. At 9.21am, it was quoted at 3.1991 against the greenback. Bloomberg reported the 1.6% fall to 3.2010 was the most since Nov 1, ...

  • Hong Kong national involved in a train-car accident in Kota Kinabalu dies

    KOTA KINABALU: The 50-year-old Hong Kong national who was involved in a train-car accident on Wednesday evening has died. He succumbed to his injuries several hours after the 5.40pm crash at Jalan Lintas while on his way to the Kota Kinabalu International Airport I with three others. The three passengers escaped with minor injuries. Investigations are continuing. Police said initial ...

Movie Review

The Curious Case of Benjamin Button [Blu-Ray]

The Curious Case of Benjamin Button [Blu-Ray]

While the title would seem to suggest a story of relative modesty, The Curious Case of Benjamin Button is anything but. Running nearly three hours in length and spanning some 80 years of American history, from World War I to Hurricane Katrina, ... ...

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  • Penang freak storm Only part of Jalan Macalister is open to traffic CM annoyed

    on the work being carried out. "Penang Municipal Council (MPPP) have completed their work on the road and it is ready to be opened. "But Umno (JKP) is not done yet. We want to ensure safety of motorist," he said. Lim said Macalister Road was open from Magazine Road junction until Madras Lane while a stretch of about 130m in front of Menara Umno was still cordoned off. Meanwhile, ...

  • US stocks down after Bernanke hints at slowing stimulus

    said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough. Equities have been closely tethered to ultra-loose monetary policy, which has been key to the S&P's climb of more than 14 percent so far this year. Benchmark 10-year U.S. bond yields jumped to a 15-month high on expectations the Fed will reduce its bond buying. Bernanke ...

  • Public Invest Research TSH Resources becoming big cap plantation company

    (TSH) with a Neutral call and price-to-earnings ratio (PER) derived target price of RM2.34. It said on Thursday though it likes TSH for its young age profile coupled with huge unplanted landbank, it thinks there is limited upside based on its forward PER of 18 times, which is fully reflecting its positive growth next year. "We believe TSH is on the verge of becoming one of big-cap ...

  • CIMB Research ups MY EG target price to RM1.74

    by 6%-14% to reflect higher fees for its foreign workers annual permit renewal services. "This increases our target price, which is still based on 18.7x CY14 P/E (20% premium to our target market P/E)," it said on Thursday. It raised its target price from RM1.57 to RM1.74, pointing out MyEG's premium was backed by a solid three-year EPS CAGR of 32%. "Better-than-expected ...

  • Malaysian equities to face selling pressure on Thursday

    (HDBSVR) expects the Malaysian stock market to see a return of selling pressure on Thursday after the overnight fall on Wall Street. It said the highlight of the US FOMC meeting outcome was that the policymakers see it as appropriate to moderate the monthly pace of bond purchases later this year. The research house pointed out the FOMC would continue to reduce the pace of purchases in measured ...

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