Asean economies remain bright spots: Moody's

Asean economies remain bright spots: Moody's


Asean economies remain bright spots: Moody's

Posted: 12 Oct 2012 01:01 AM PDT

Asean economies are powering ahead and remain a bright spot despite severe global headwinds, Moody's Analytics said today.

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Moody's cuts Sony credit rating

Posted: 12 Oct 2012 12:52 AM PDT

Moody's on Friday downgraded Japanese electronics titan Sony, citing the company's "weak profitability and cash flow."

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China propaganda czar lauds Mo Yan on Nobel: media

Posted: 12 Oct 2012 12:42 AM PDT

The Chinese Communist Party's top propaganda official congratulated author Mo Yan on Friday for winning the Nobel literature prize, calling it a reflection of China's growing power, state media said.

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Socso to crack down on errant employers

Posted: 12 Oct 2012 12:31 AM PDT

The Social Security Organisation (Socso)will launch an operation against errant employers starting Nov 1.

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Beverage tycoon tops Forbes' China rich list

Posted: 12 Oct 2012 12:28 AM PDT

Beverage tycoon Zong Qinghou regained his position as China's richest man this year, Forbes magazine said Friday, but the global economic slump took its toll on other billionaires.

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China economy to dodge hard landing: IMF

Posted: 12 Oct 2012 12:22 AM PDT

The International Monetary Fund on Friday all but ruled out a hard landing for China's slowing economy, saying it would expand despite increasing headwinds from battered markets in Europe and the United States.

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Govt to draft EV masterplan by end-2013

Posted: 12 Oct 2012 12:16 AM PDT

The government will be ready to draft the masterplan for the mass usage of electric vehicles (EV) in Malaysia by the end of 2013, Minister of Energy, Green Technology and Water, Datuk Seri Peter Chin Fah Kui said.

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When it comes to sex, should men take charge?

Posted: 12 Oct 2012 12:13 AM PDT

Should men take the lead in the bedroom? According to a new study, the answer is no - researchers from Yale University in the US find that for young adults, sticking to traditional gender roles makes them less comfortable and therefore possibly less safe in the bedroom.

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Malaysian's killer 'operated by satan', court told

Posted: 12 Oct 2012 12:02 AM PDT

An Indonesian-born Sydney man who murdered his wife's Malaysian lover was "operated by Satan" at the time, a court has heard.

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Graft trial adjourned for Hong Kong's billionaire Kwok brothers

Posted: 12 Oct 2012 12:32 AM PDT

HONG KONG (Reuters) - The billionaire Kwok brothers' corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong's highest-profile graft case in decades.



Analysis - Nigeria crackdown risks playing into Islamists' hands

Posted: 12 Oct 2012 12:08 AM PDT

LAGOS, Nigeria (Reuters) - A military crackdown across Nigeria has hobbled Boko Haram for now, but as the army campaign intensifies it is likely to fan popular anger in the impoverished north that could ultimately make the Islamist sect's 3-year-old rebellion stronger.



Nobel Peace Prize expected to stir debate

Posted: 11 Oct 2012 11:50 PM PDT

OSLO (Reuters) - The Nobel Peace Prize Committee announces its 2012 winner on Friday with prize watchers favouring dissidents from Russia and Belarus or religious leaders working on Muslim-Christian reconciliation.



Striking South Africa truckers agree wage deal - RFA

Posted: 11 Oct 2012 11:43 PM PDT

CAPE TOWN (Reuters) - South African truck drivers have agreed a wage deal with employers to end a three-week strike that has hit deliveries of fuel, cash and consumer goods in Africa's biggest economy, the Road Freight Employers Association (RFA) said on Friday.



In South Africa, ANC struggle now a deadly scramble for spoils

Posted: 11 Oct 2012 11:32 PM PDT

WELBEDACHT, South Africa (Reuters) - Mthembeni Shezi, an ANC local councillor in the run-down suburb of Welbedacht on South Africa's east coast, was wrapping up a routine meeting last month when two men barged in, sprayed the room with gunfire and shot him five times in the chest.



Analysis - In vice presidential debate, "tie goes to the incumbent"

Posted: 11 Oct 2012 11:11 PM PDT

DANVILLE, Kentucky (Reuters) - The debate between Vice President Joe Biden and Republican challenger Paul Ryan might not change the minds of many voters. In fact, it could make them less likely to change.



Indonesia's Bali recalls horror of bombs 10 years on

Posted: 11 Oct 2012 11:03 PM PDT

KUTA, Indonesia (Reuters) - Worshippers at the Ar-Rahmat mosque in the Indonesian town of Kuta have prayed every night for the past 10 years for the victims of bombs that blew up in their tourist town on Bali island in 2002.



Indonesia's Bali recalls horror of bombs 10 years on

Posted: 11 Oct 2012 10:52 PM PDT

KUTA, Indonesia (Reuters) - Worshippers at the Ar-Rahmat mosque in the Indonesian town of Kuta have prayed every night for the past 10 years for the victims of bombs that blew up in their tourist town on Bali island in 2002.



No foreign army bases in Egypt, army spokesman

Posted: 11 Oct 2012 10:41 PM PDT

CAIRO (Reuters) - Egypt has no foreign military bases on its soil and has no plans to downsize its armed forces, said the military spokesman, rejecting media reports claiming so.



Deal to end South Africa truck driver strike near

Posted: 11 Oct 2012 10:25 PM PDT

CAPE TOWN (Reuters) - A deal to end a three-week truck driver strike in South Africa, which has hit deliveries of fuel, cash and consumer goods, is imminent, the Road Freight Employers Association said on Friday.



Biden comes out swinging at debate, clashes with Ryan

Posted: 11 Oct 2012 10:13 PM PDT

DANVILLE, Kentucky (Reuters) - U.S. Vice President Joe Biden leaped to the attack against Republican challenger Paul Ryan in a lively debate on Thursday, aggressively defending the Obama administration's economic and foreign policies to try to regain momentum in the White House race.



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