Friday 18th May, 2012
US, global stocks fall fall 5th day, Oil off 2% on euro zone fears
NEW YORK: World stocks fell for a fifth day and Brent oil prices dropped 2 percent on Thursday on concerns about the health of Spain's banks and the prospect of Greece leaving the euro zone. ...
Facebook sets prices at top of range in landmark IPO
priced its initial public offering at the top of its target range to raise more than US$16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock ...
Renewed Selling Pressure Likely For Malaysia Stocks
5/17/2012 8:00 PM ET (RTTNews) - The Malaysia stock market on Thursday wrote a finish to the four-day losing streak in which it had given away than 50 points or 3.8 percent en route to a three-month ...
BN and Pakatan come under fire for muzzling media
The StarPETALING JAYA: Both the Barisan Nasional government and Pakatan Rakyat have come under fire from the Centre for Independent Journalism (CIJ) for continuing to muzzle the media. The centre, in its ...
Govt to scrap disembarkation card for foreigners
The StarPUTRAJAYA: Beginning June 1, foreign visitors to Malaysia are no longer required to fill in the Immigration Disembarkation Card, commonly known as the IMM.26 Form. They only need to produce their ...
Crowded in Sabah and Sarawak
The StarPETALING JAYA: Even as talks between Pakatan Rakyat and Sabah-based Opposition parties to avoid a multi-cornered fight falter, at least 13 new parties are asking to be registered in the state and a ...
Hold more cultural events, says Subra
The Starhas urged Indian organisations to hold more cultural events to highlight the community's traditions and customs to the younger generation. Makkal Osai quoted him as saying that in previous ...
Some Japanese men too shy to lose virginity
The StarABOUT 15% of Japanese men aged between 30 and 40 have never had sex because they fear being laughed at by women who are generally more sexually experienced, reported Kwong Wah Yit Poh. Quoting a ...
Are consumers getting fair data deals?
The Starof the United States dropped its US$30-a-month unlimited data plan for new customers. Then it allowed its customers to stay on the unlimited plan. However, yesterday it decided to kill that plan and ...
‘We split on good terms’
The StarACTOR Ady Putra, known for his bad boy roles in hit Malay movies like Anak Halal and Histeria, said he did not expect his marriage to end, reported Harian Metro. He filed for divorce at the Syariah ...
Contrasting fortunes for MAS, AirAsia
The Starwill continue to grow its earnings amid rising jet fuel prices that is putting pressure on airlines' margins. Analysts tracking AirAsia have mixed views as to how much the airline will turn in ...
A tale of two brothers
The StarKOTA KINABALU: A story about the coming of age of two brothers will be told in Kadazandusun through a TV drama series that will start filming next week. Shooting of the 13-part series Pangazou ...
OUM to export programmes to China
The StarKUCHING: Open University Malaysia (OUM) is targetting China and Zambia as the next destinations to expand its educational programmes after setting foot in seven countries in Asia and the Middle ...
Malaysia is in top 10 – again
The Star. He said the programme had helped create higher exposure and awareness of Malaysia in the international arena as a top tourism destination for leisure and business. He said tourism was the ...
Najib: Schools to introduce home call plan to assist weak students
The StarSOCIAL workers will visit the homes of weak students to help them progress in such areas as mathematics and reading proficiency under an initiative to be introduced in Malaysian schools ...
JCY profit soars on better deals
The Starhas posted a 1,209% spike in its second-quarter ended March 31 net profit to RM163.09mil, compared with RM12.46mil a year earlier, fueled by better average selling price of its products, favourable ...
Four Pakistan nationals held over murder of countryman
The StarRAWANG: Police have arrested four Pakistani men, believed to have murdered their countryman out of jealousy at a quarry in Kuang near here. Gombak OCPD Asst Comm Abdul Rahim Abdullah said the four ...
Formis buys 20% stake in Microlink
The Starfrom Technology World Company for RM4.587mil cash. Formis said the acquisition was a direct business transaction. The consideration was arrived at after taking into account the future earnings ...
Getting an iconic clock tower back in tick-tock shape
The StarKOTA KINABALU: Repairs and restoration works have begun on the city’s iconic century-old Atkinson Clock Tower. The Sabah Museum, which is responsible for the 16m-tall clock tower, recently ...
IHH RM4.7bil dual listing in KL and S'pore in July
The Staris expected to debut on the Malaysian and Singapore bourses by the end of July, two sources with direct knowledge of the matter said. The dual listing would be the fourth biggest initial public ...
MB takes land office to task
The Staris miffed at the state land office for its failure to process and decide on land applications by individuals, some of which have been left unattended for up to 60 years. ';Why are the people ...
SapuraKencana closes lower in first-day trading
The Starfinished 14 sen lower at RM2.10 in a higher broader market after the stock opened six sen higher over its reference price of RM2.24. Earlier, it had touched an intra-day high of RM2.30. "The ...
DCM: Don’t build homes along foothills of Mt Kinabalu
The StarKOTA KINABALU: Those thinking of building homes and structures along the foothills of Mount Kinabalu have been told to think twice. The advice came from Deputy ...
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