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Indian-origin men jailed in Malaysia
A court in Malaysia has sentenced two Indian-origin men to separate jail terms for brutally assaulting a Nigerian that led to his death. Judge Noor Azian Shaari of the high court in Shah Alam, the capital of the Malaysian state of Selangor, sentenced V. Ganesan, 29, to one year in jail and T. Kumar, 29, to seven years in jail for causing grievous injuries to Nwabudike Emmanuel Chukwuma that led ...
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Deleum top loser down 11.3 after disappointing results
fell the most on Thursday morning, sliding 11.3% or 41 sen to RM3.21 after its financial results were below market expectations. At 9.54am, it was down 41 sen to RM3.21. There were 672,100 shares done. The FBM KLCI shed 0.52 of a point to 1,783.36. Turnover was 359.10 million shares valued at RM285.77mil. There were 196 gainers, 267 losers and 240 counters unchanged. On Wednesday, Deleum ...
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Public Invest Research ups Uzma target price to RM2.86
's target price from RM2.29 to RM2.86 after raising its price-to-earnings (P/E) multiple to 10 times. "Despite a revision of our target price we see Uzma fairly valued at these levels, hence the maintaining of our Neutral call," it said on Thursday. The research house said Uzma's results for the first quarter ended March 31, 2013 were above its expectations and that of ...
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Maybank KE Research maintains Hold on AirAsia
as it awaits value creation from associates' listings and dividends. "The downside for this stock is limited in our view, given its strong balance sheet and value crystallisation from the upcoming listing of its associates - AirAsia Indonesia ...
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Profit taking may weigh on Malaysian equities
(HDBSVR) expects profit-taking activity may drag down the Malaysian market's performance on Thursday. "The benchmark FBM KLCI will likely show a negative bias, as implied by an eight-point discount in the May futures contract vis-vis the current index level of 1,783.88," it said. HDBSVR said the US Federal Reserve chairman hinted that the central bank could begin winding down its ...
Movie Review
Talk to Her (Hable con ella)
For more than a decade, Spanish writer/director Pedro Almodvar has specialized in making the bizarre poignant, and in Talk to Her (Hable con ella), he has developed his most richly satisfying and deeply felt work without sacrificing the unique edge that makes it impossible not to talk about his films afterwards. Romance in the cinema is all too often routine, predictable; Almodvars ... ...
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Malaysias blue chips fall more than 6pts in early trade
KUALA LUMPUR: Malaysia's FBM KLCI opened more than six points lower on Thursday on extended profit taking of key stocks like KL Kepong and banks, ahead of the extended weekend. At 9am, the KLCI was down 6.32 points to 1,777.56. Turnover was 28.62 million shares valued at RM19.92mil. There were 59 gainers, 84 losers and 126 counters unchanged. Stock market data showed foreign funds were net ...
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Families of victims accused fill up court room for Sosilawati Lawiya verdict
and three others. Justice Akhtar Tahir will deliver his verdict in a short Thursday while since taking charge of the trial on July 4, 2011. His court room is packed with families of the accused persons and victims, media and lawyers. A total of 108 prosecution and 30 defence witnesses took the stand and 742 exhibits were tendered. Sosilawati, 47, her driver Kamaruddin Shamsuddin, 44, bank ...
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Wall Street falters in volatile session on Fed worries
NEW YORK: Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting. Trading was volatile - the Dow and the S&P indexes both rose more than 1 percent during the morning, but fell more than 1 percent in ...
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Malaysia-Market factors to watch on May 23
Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market. --MARKET SNAP SHOT @ 14 GMT 00: ------ ------ ------ INSTRUMENT LAST PCT NET CHG CHG S&P 500 1,655.35 -0.83% -13.81 0 USD/JPY 103.43 0.27% 0.280 10-YR US TSY YLD 2.060 -- 0.023 SPOT GOLD $1,364.3 -0.30% ...
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Malaysia to host Canberra car festival
The Canberra-based Summernats car festival is heading overseas with an event in Malaysia next month.In June the first Summernats Malaysia will be held alongside the popular Malaysian GT at Sepang.Summernats co-owner Andy Lopez says it will begin as a small event in Asia without the activities traditionally seen in the ACT around New Year's Day."This year is just an exhibition event. ...
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
Crowne Plaza Times Square Manhattan
The taxi drove through the center of the building to an arrival station for the Crowne Plaza which is a ...
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