Tuesday 7th February, 2012
Malaysian PM asks Hindus to keep trust in government
Malaysian Prime Minister Najib Tun Razak has urged the Hindu community in the country to continue placing their trust in the government. Razak, in a message posted on his blogsite, said that this ...
Vmoto supplies scooter parts to Malaysia
The Western Australian electric scooter company that helps transport postmen in Spain and police in the Czech Republic has announced its first shipment to Malaysia. Australian Securities ...
Australia central bank holds rates
SYDNEY, Feb 7 (Reuters) Australia's central bank held its cash rate steady at 4.25 percent on Tuesday, a surprise to many who had thought it would cut rates, though it did leave the door open ...
Russian Railways to build $1.7bil coal line in Indonesia
The StarJAKARTA, Feb 7 (Reuters) Russia's state railway firm Russian Railways plans to build a train line to transport coal in Indonesia's East Kalimantan province on Borneo island, with $1.7 ...
Kazakh 2011 surplus soars 4.5 times to $13.6bil
The StarALMATY, Feb 7 (Reuters) Kazakhstan's current account surplus soared around 4.5 times last year to $13.6 billion, owing largely to high world prices for the country's commodities, the ...
Australia's Macquarie warns of 25% profit tumble
The Star, Australia's top investment bank, warned investors its fullyear profit would fall 25 percent, double the analyst expectation, as grim financial markets hurt its trading and investment banking ...
Global woe to weigh on China factory growth ministry
The StarBEIJING, Feb 7 (Reuters) China's industrial output growth is set to slow in 2012 as the global economic slowdown caused by Europe's debt crisis takes a toll on Chinese exports, ...
China's SAIC says Jan auto sales dip 8.48%
The Starreported its first monthly sales decline in six months in January as automakers and dealerships closed shop for the weeklong Lunar New Year holiday. SAIC, which makes cars in partnership with ...
China steel profits to weaken in 2012 on low demand industry ministry
The StarBEIJING, Feb 7 (Reuters) Low demand and higher costs are expected to further erode profits in the Chinese steel sector in 2012, China's industry ministry spokesman Zhu Hongren said at a news ...
Japan aims to restart nuclear reactors in April
The StarTOKYO, Feb 7 (Reuters) Japan's trade minister said on Tuesday he had not set deadlines to resume operations at nuclear reactors after a media report said the government aimed to restart two ...
Chongqing Brewery votes to keep chairman in post
The StarSHANGHAI, Feb 7 (Reuters) Shareholders of Chongqing Brewery, partly owned by Danish brewer Carlsberg A/S , voted on Tuesday to keep its chairman in his post, rejecting a motion to remove him after ...
Philippines Jan inflation slows, March rate cut seen
The StarMANILA, Feb 7 (Reuters) Philippine inflation slowed to below 4 percent for the first time in more than a year, bolstering hopes the central bank will deliver a second quarterpoint cut at its March 1 ...
Super Bowl, Madonna set new TV audience records
The StarNEW YORK (REUTERS) - Quarterback Eli Manning and his New York Giants may have beaten superstar Tom Brady and the New England Patriots at Sunday's Super Bowl, but none them could outmuscle ...
PM: Social safety net better than welfare state
The StarKLANG: The Government will continue its policy of providing a social safety net for all Malaysians as opposed to the creation of a welfare state to prevent serious economic problems in the future, ...
Hectic life for Miss Universe Malaysia 2012
The StarGEORGE TOWN: It is merely about 370km away but for Kimberley Ann Estrop-Leggett, leaving Penang for Kuala Lumpur is life-changing as she prepares to do her country proud at the Miss Universe 2012 ...
Wall St edges lower after string of gains
The StarNEW YORK (Reuters) - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a ...
Asthma a burden, but the kavadi isn’t
The StarBATU CAVES: The weight of the kavadi that P. Murugan (pic) carried for Thaipusam is no match to the burden on his shoulders since childhood. "I have been battling severe asthma since I was ...
MF Global shortfall worsened as bankruptcy neared
The Star's floundering brokerage used increasingly large chunks of customer money in an effort to keep the company afloat, creating a massive shortfall in customer funds, the trustee liquidating the ...
Couple pull through a stormy period
The StarBATU CAVES: It was the combined faiths of M. Maniam and his wife which pulled them through a stormy patch. Maniam, 46, was suspended from his workplace after a disciplinary issue last year. His wife ...
SEC's Gallagher wants more oversight of brokers
The StarWASHINGTON (Reuters) - Congress made a mistake when it stripped away most of the Securities and Exchange Commission's authority to police the holding companies of broker-dealers for risks, ...
Devotees break coconuts and offer flowers as chariot moves on
The StarGEORGE TOWN: Many streets here were littered with smashed coconuts as thousands of devotees gathered along the route of the silver chariot procession to fulfil their vows during the annual Thaipusam ...
Yum profit up as China keeps growing
The Starreported fourth-quarter earnings that topped Wall Street's view after accelerating sales and operating profit at established restaurants in China helped ease worries that growth in its top ...
Thousands join chariot procession to Batu Caves
The StarBATU CAVES: It was a fitting pre-Thaipusam tribute as thousands of devotees gathered here while others joined the chariot procession in preparation for the annual festival today . The chariot ...
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