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  • Malaysian Indian Congress party polls this year

    The organisational elections of the Malaysian Indian Congress (MIC) will be held within this year as against the party's earlier decision to hold these from January next year. After a meeting of the party's central working committee (CWC) at the party headquarters in Kuala Lumpur Tuesday, MIC president G. Palanivel announced that the decision to hold the party elections this year has been taken ...

  • Malaysian village in panic over discovery of Bigfoot prints

    About 200 Bigfoot-like footprints have been reportedly discovered near Kampung Kepis Baru, Kuala Pilah, Malaysia, causing panic among villagers. According to Harian Metro reports, a villager named Adnan Pungut, has claimed that he discovered the footprints when he was clearing rubbish and wood at his rubber estate at around 3pm on Saturday. Pungut said that he immediately informed other ...

  • Lahiri seeks shortcut to victory in Malaysia

    Indian golfer Anirban Lahiri will rely on the short putter in his hunt for a fourth Asian Tour title at the Worldwide Holdings Selangor Masters Thursday. The three-time Asian Tour winner, who previously used the belly putter, opted for the shorter flat stick at last week's Queen's Cup in Thailand where he finished tied 10th after fighting his way into contention. Lahiri is among a star-studded ...

  • CIMB Research upgrades Malaysia’s Small Cap sector to Outperform

    said the first quarter 2013 (Q1, 2013) quarterly results for small caps continued to improve from the bottom in 3Q12. It said on Wednesday the FBM Small Cap Index outperformed the KLCI this year, up 28% compared to the KLCI's 4.8% gain. The strongest outperformance was obvious just after the May general elections. "We upgrade the sector from Neutral to Outperform. Although small caps ...

  • CIMB Research raises Perisai target price to RM2

    has raised the target price for Perisai Petroleum from RM1.90 to RM2 and maintains its Outperform recommendation on the company. The research house said on Wednesday although drilling is a new business for Perisai, the company is making its presence felt by building two jack-up rigs. "These new assets, along with an FPSO vessel, will allow the company to secure stronger growth from FY14 ...

Movie Review

Capitalism: A Love Story

Capitalism: A Love Story

It should be clear by the subject of his latest documentary, which is nothing less than the very bedrock foundation of the United States and much of the Western worlds economic system, that rabble-rousing documentarian Michael Moore has not mellowed in the slightest. However, in our brave ... ...

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  • Billionaire Icahn seeks US$16bil Dell share buyback

    , and private equity firm Silver Lake, and so far shareholders' reaction to two of Icahn's proposals has been mixed. Icahn has said repeatedly that Michael Dell's bid undervalues the company. In an open letter on Tuesday, Icahn gave his latest proposal to shareholders, asking them to vote in new directors who would in turn approve Dell buying back stock at $14 a share. Dell and ...

  • Microsoft says it freed millions of computers worldwide from criminal botnet

    said that an assault it led earlier this month on one of the world's biggest cyber crime rings has freed at least 2 million PCs infected with a virus believed to have been used to steal more than US$500 million from bank accounts worldwide. "We definitely have liberated at least 2 million PCs globally. That is a conservative estimate," Richard Domingues Boscovich, assistant ...

  • Kandinsky work sold for for US$21mil but misses the mark

    LONDON: Russian painter Wassily Kandinsky's expressionist masterpiece "Studie zu Improvisation 3, 1909" was the highlight and leading indicator for a flat Christie's London Impressionist and modern art sale on Tuesday. The painting fell short of its top estimate and a record for the artist at auction when it sold for just more than $21 million, the world's largest ...

  • Malaysia-Kuwait tie-up to boost Islamic finance training

    DUBAI: Malaysia's Islamic finance university and the research arm of Kuwait Finance House will develop training and internship programmes to address growing demand for professionals in the business, officials said on Tuesday. Despite rapid growth over the last several years, the Islamic finance industry lacks a large pool of professionals with both academic and practical knowledge, a ...

  • Nikkei seen rising 51

    embarked on radical fiscal and monetary expansionary policies to spur growth, a Reuters poll showed, A gradual economic recovery in the United States, Japan's biggest export market, will also help reignite buying in Japanese stocks after a bout of selling in recent weeks pushed the benchmark index briefly into bear market territory. The Nikkei is expected to rise to 15,700 points by the end ...

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