Investors shrug off Moody's 'negative' EU rating outlook

Investors shrug off Moody's 'negative' EU rating outlook
Dawn of a new era
RM120bn construction projects for next year
India, China to resume joint military exercises
Spanish jobless queue grows in August
Moderate level of haze reported
HK students protest over 'brainwashing' classes
Chinese media criticise US ahead of Clinton visit
Waive stamp duty for first home buyer, govt urged
Taiwan MPs visit Spratlys as garrison stages drill
Cyprus declines to confirm Russian loan approved
Bahrain court upholds sentences against uprising leaders
Obama, Democrats to make their case as convention opens
Japan to set energy policy but "no stance" on nuclear - minister
Companies raided as India's "coalgate" scandal widens
Samsung to check China suppliers for labour violations
Indonesia to extradite human trafficker to Australia
Ferrari crash reports bring fresh political scandal in China
VIDEO: Videos 'to deter' asylum seekers‎‎
VIDEO: South Africa court frees miners

Posted: 04 Sep 2012 01:25 AM PDT

Investors on Tuesday shrugged off Moody's decision to downgrade the outlook on the European Union's long-term AAA credit rating from stable to negative, with the euro firm and stocks mostly stable.

Dawn of a new era

Posted: 04 Sep 2012 01:19 AM PDT

That was the first time we celebrated the National Day this way.

RM120bn construction projects for next year

Posted: 04 Sep 2012 12:53 AM PDT

The construction industry is expected to secure RM120 billion worth of projects next year, the Construction Industry Development Board (CIDB) said.

India, China to resume joint military exercises

Posted: 04 Sep 2012 12:36 AM PDT

Joint military exercises between India and China will be resumed after a four-year gap, Indian Defence Minister A.K. Antony announced Tuesday after talks in New Delhi with his Beijing counterpart.

Spanish jobless queue grows in August

Posted: 04 Sep 2012 12:29 AM PDT

Spain's jobless queue grew to 4.63 million people in August, the government said Tuesday, grim news for an economy suffering nearly 25-percent unemployment.

Moderate level of haze reported

Posted: 04 Sep 2012 12:29 AM PDT

The haze in several places in the country was reported to be at the moderate level today.

HK students protest over 'brainwashing' classes

Posted: 04 Sep 2012 12:09 AM PDT

Hong Kong students and teachers protested Tuesday for a sixth straight day against plans to introduce Chinese patriotism classes, as political tensions rise days ahead of legislative polls.

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Chinese media criticise US ahead of Clinton visit

Posted: 03 Sep 2012 11:56 PM PDT

China's state media Tuesday warned the United States to stop pursuing policies aimed at stemming Beijing's growing political clout as Secretary of State Hillary Clinton was due to arrive later in the day.

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Waive stamp duty for first home buyer, govt urged

Posted: 03 Sep 2012 11:51 PM PDT

There are fiscal measures the government can implement such as to waive the stamp duty for first home scheme and certain income tax for the developers from that portfolio, says Malaysia Building Society Bhd (MBSB) President and Chief Executive Officer, Datuk Ahmad Zaini Othman.

Taiwan MPs visit Spratlys as garrison stages drill

Posted: 03 Sep 2012 11:45 PM PDT

Three Taiwanese legislators flew to a hotly-contested island in the South China Sea Tuesday as garrison forces there held a live-fire drill, officials said, risking stirring up new tensions in the area.

Cyprus declines to confirm Russian loan approved

Posted: 04 Sep 2012 12:40 AM PDT

NICOSIA (Reuters) - Cyprus declined on Tuesday to confirm a newspaper report Russia has approved a 5-billion euro lifeline to the island, which sought a bailout from its EU partners in June.

Bahrain court upholds sentences against uprising leaders

Posted: 04 Sep 2012 12:25 AM PDT

DUBAI (Reuters) - A Bahraini civilian court on Tuesday upheld sentences against 20 leaders of last year's uprising, the government's Information Affairs Authority said on Twitter.

Obama, Democrats to make their case as convention opens

Posted: 04 Sep 2012 12:21 AM PDT

CHARLOTTE, North Carolina (Reuters) - Democrats launch their case for U.S. President Barack Obama's re-election at his nominating convention on Tuesday, looking to draw a sharp contrast with Republican rival Mitt Romney and convince voters that Obama has the more sensible plan for economic recovery.

Japan to set energy policy but "no stance" on nuclear - minister

Posted: 03 Sep 2012 11:58 PM PDT

TOKYO (Reuters) - Japan is scheduled to set national energy policy early next week, Economics Minister Motohisa Furukawa said on Tuesday, although he said the government had not taken any particular position on the main question over the role of nuclear power.

Companies raided as India's "coalgate" scandal widens

Posted: 03 Sep 2012 11:14 PM PDT

NEW DELHI (Reuters) - Federal law enforcement officials raided offices and homes in 10 cities across India on Tuesday as part of an investigation into irregularities in the award of coalfield concessions to private and state companies that has sparked a political crisis.

Samsung to check China suppliers for labour violations

Posted: 03 Sep 2012 11:29 PM PDT

Samsung Electronics said Tuesday it would inspect nearly 250 Chinese firms manufacturing goods for the South Korean tech giant, after a US-based group accused one supplier of using child labour.

Indonesia to extradite human trafficker to Australia

Posted: 03 Sep 2012 11:11 PM PDT

Indonesia's justice minister said Tuesday that his country would extradite human trafficking kingpin Sayed Abbas to Australia next year.

Ferrari crash reports bring fresh political scandal in China

Posted: 03 Sep 2012 10:51 PM PDT

China's leadership has been hit by a fresh scandal ahead of a 10-yearly power handover, with reports a close ally of the president was demoted following his son's involvement in a fatal Ferrari crash.