Global equity prices likely to remain on uptrend: economist

Global equity prices likely to remain on uptrend: economist


Global equity prices likely to remain on uptrend: economist

Posted: 03 Mar 2012 12:57 AM PST

Global share prices are likely to remain on an uptrend, boosted by positive economic indicators, says Dr Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors.

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Dengue death toll shows worrying increase

Posted: 03 Mar 2012 12:56 AM PST

The death toll due to dengue recorded in the first two months this year has shown a worrying increase with 15 deaths as compared to only eight in the corresponding period last year.

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Afghan army says Taliban infiltration very sophisticated

Posted: 03 Mar 2012 12:03 AM PST

KABUL (Reuters) - The Taliban have a sophisticated system in place to infiltrate Afghanistan's security forces and vetting of recruits must be severely tightened, an Afghan army general said on Saturday.



Tornadoes kill at least 27 in US Midwest, South

Posted: 02 Mar 2012 11:08 PM PST

INDIANAPOLIS, March 3 — Powerful tornadoes raked across a wide swath of the US Midwest and South yesterday, killing at least 27 people in three states and bringing the death toll to at least 40 from a week of deadly late-winter storms. The twisters splintered homes, damaged a prison and tossed around vehicles across the region, leaving at least 13 ...



Venezuela publishes photos of Chavez with Fidel

Posted: 02 Mar 2012 10:39 PM PST

CARACAS, March 3 — Venezuela published photographs yesterday of President Hugo Chavez chatting with Cuba's Fidel Castro and walking in a hospital as he recovers from cancer surgery on the Communist-led island. Stung by criticism it has shrouded the 57-year-old Chavez's condition in secrecy and put out misleading information in the past, ...



Chinese villagers gather for symbolic poll in bid to end graft

Posted: 02 Mar 2012 10:08 PM PST

WUKAN, March 3 — Residents of a southern Chinese fishing village gathered today to elect a new administrative authority that many hail as a model for greater grassroots democracy in China following an uncompromising standoff over land grabs and abuse of power. Wukan, nestled on the Guangdong coast with a picturesque harbour flanked by hills, has ...



BP reaches US$7.8b deal over Gulf of Mexico spill

Posted: 02 Mar 2012 09:54 PM PST

NEW YORK, March 3 — BP PLC has reached an estimated US$7.8 billion (RM23.4 billion) agreement with plaintiffs suing over the massive 2010 Gulf of Mexico oil spill, the company said yesterday, but it still faces claims by the US government and drilling partners. US District Judge Carl Barbier, who is overseeing the litigation, said in a court order ...



Support cited for F-35 fighter after joint meeting

Posted: 02 Mar 2012 09:24 PM PST

WASHINGTON, March 3 — The United States and eight other countries helping to develop the new F-35 Joint Strike Fighter underscored their full and continued support for the programme, according to two sources who attended a gathering hosted by Canada. Despite US plans to put off orders for 179 planes over the next five years and a steady drip of ...



Tornadoes kill at least 27 in U.S. Midwest, South

Posted: 02 Mar 2012 10:54 PM PST

INDIANAPOLIS (Reuters) - Powerful tornadoes raked across a wide swath of the U.S. Midwest and South on Friday, killing at least 27 people in three states and bringing the death toll to at least 40 from a week of deadly late-winter storms.



Iran parliament vote seen bolstering Supreme Leader

Posted: 02 Mar 2012 10:06 PM PST

TEHRAN (Reuters) - Iranians wrapped up a parliamentary election likely to reinforce Supreme Leader Ayatollah Ali Khamenei's power over rival hardliners led by President Mahmoud Ahmadinejad.



BP reaches $7.8bn partial settlement in US oil spill trial

Posted: 02 Mar 2012 11:14 PM PST

BP said Friday it reached a $7.8 billion deal to settle claims from fishermen and other private claimants affected by the Gulf of Mexico oil spill ahead of the start of a blockbuster US trial.

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27 dead, one town 'gone' as tornadoes rip central US

Posted: 02 Mar 2012 11:14 PM PST

Rescue workers searched for survivors Saturday after more than six dozen tornadoes tore across the central United States, killing at least 27 people and wiping out whole communities.

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New York museum to honour Italian fashion legends

Posted: 02 Mar 2012 11:14 PM PST

The Metropolitan Museum of Art in New York will hold a retrospective honouring Italian fashion legends Elsa Schiaparelli and Miuccia Prada this spring, organisers said on Friday at Milan Fashion Week.

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Huge Myanmar crowds greet Suu Kyi in Mandalay

Posted: 02 Mar 2012 11:12 PM PST

Myanmar's opposition leader Aung San Suu Kyi was greeted by the largest crowds of her election campaign so far as she toured the second largest city of Mandalay on Saturday.

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India's supreme court admits petition on Sonia Gandhi

Posted: 02 Mar 2012 11:04 PM PST

India's Supreme Court on Friday admitted a petition questioning whether a person of foreign origin can hold public office, Press Trust of India (PTI) reported.

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Venezuela publishes photos of Chavez with Fidel

Posted: 02 Mar 2012 08:09 PM PST

CARACAS (Reuters) - Venezuela published photographs on Friday of President Hugo Chavez chatting with Cuba's Fidel Castro and walking in a hospital as he recovers from cancer surgery on the Communist-led island.



KLCI to eye 1,600 level next week

Posted: 02 Mar 2012 08:50 PM PST

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) will eye the 1,600 level next week, surpassing the all-time high of 1,597 recorded in July last year.

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Malaysia among world's top furniture exporters

Posted: 02 Mar 2012 08:49 PM PST

Hundreds of pieces of furniture will be on display at the 18th edition of the five-day Malaysian International Furniture Fair, beginning here on March 6.

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Learn from AirAsia, MAS told

Posted: 02 Mar 2012 08:48 PM PST

Tun Dr Mahathir Mohamad has urged Malaysia Airlines (MAS) to study AirAsia's cost-cutting measures and management structure for it to return to the black.

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Mahfuz told to prove allegations

Posted: 02 Mar 2012 08:47 PM PST

PAS vice-president Datuk Mahfuz Omar was today asked to back up his claims that the Youth and Sports Ministry channelled RM30 million to fund a series of ceramah by former Selangor PAS commissioner Datuk Dr Hasan Ali.

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