Isnin, 15 Oktober 2012

NST Online Business Times : latest

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NST Online Business Times : latest

KL Shares slightly higher in early trade

Posted: 15 Oct 2012 06:59 PM PDT

KUALA LUMPUR: Share prices on Bursa Malaysia were slightly higher in early trade today as investors took cue from the positive performance on the overnight Wall Street, dealers said.

After 10 minutes of trading, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.63 of a point better at 1,655.07 against yesterday's close of 1,654.44.

HWANGDBS Vickers Research, in a research note, said the improved
performance on Wall Street, which saw key US stock indices rise between 0.7 per cent and 0.8 per cent, could pave the way for the local bourse to resume its upward momentum today.

"On the chart, the benchmark FMB KLCI is expected to cross over the immediate resistance level of 1,655," it said.

On the local front, the Finance Index advanced 12.34 points to 14,694.8, the Plantation Index improved 11.19 points to 8,196.83 and the Industrial Index added 1.96 points to 2,855.78.

The FBM Emas Index gained 5.529 points to 11,249.35, the FBM Mid 70 Index jumped 22.78 points to 12,182.46, the FBM Ace edged up 0.3 of a point to 4,193.5 and the FBMT100 rose 7.34 points to 11,091.83.

Gainers led losers 79 to 47, with 113 counters unchanged, 1,403 untraded and 28 others were suspended.

Turnover stood at 62.167 million shares worth RM24.552 million.

Actives, Scomi-WA and Compugates Holdings were both unchanged at 8.5 sen and 9.5 sen, respectively, while Scomi declined 2.5 sen to 41.5 sen.

Heavyweights, Maybank advanced seven sen to RM9.01 while Sime Darby eased four sen to RM9.75 and CIMB slipped six sen to RM7.60. -- BERNAMA

US stocks score solid gains

Posted: 15 Oct 2012 04:31 PM PDT

NEW YORK: US stocks scored solid gains Monday as investors digested upbeat retail sales data and better-than-expected earnings from Citigroup that helped lift financial stocks.

The Dow Jones Industrial Average climbed 95.38 points, or 0.72 per cent, to close at 13,424.23.

The broad-based S&P 500 rose 11.54 points (0.81 per cent) to 1,440.13, while the tech-rich Nasdaq added 20.07 points (0.66 per cent) at 3,064.18.

"Stocks gained after a report showed retail sales unexpectedly rose 1.1 per cent in September," Wells Fargo Advisors said.

The Commerce Department report also revised higher the sales gains for July and August, offering a stronger picture of the sector that is a major part of consumer spending, the main driver of the US economy.

"The best story is that even excluding both auto and gas (gasoline), sales were still up 0.9 per cent in September, with a 0.2 per cent revision in August, partly thanks to the release of iPhone 5," said Mei Li at FTN Financial.

Retailers benefited, with Wal-Mart up 1.8 per cent, Lowe's up 3.3 per cent and Macy's 1.3 per cent higher.

The markets rebounded from their worst week in four months amid worries about the third-quarter earnings season getting under way.

Financial stocks were winners after Citigroup reported an 88 per cent drop in third-quarter profit to UA$468 million, with Charles Schwab & Co. analysts explaining that the fall was not as bad as expected.

Citi shares leaped 5.5 per cent. Bank of America surged 3.5 per cent, JPMorgan Chase gained 1.8 per cent and Goldman Sachs jumped 3.6 per cent.

Debt-laden Sprint Nextel fell 0.7 per cent after Japan's Softbank announced it would pay $20 billion to acquire 70 per cent of the third-biggest US mobile firm, behind AT&T and Verizon Wireless.

AT&T skidded 1.2 per cent and Verizon slipped 0.3 per cent.

The deal sparked speculation that the extra cash would allow Sprint to gain full control of wireless broadband firm Clearwire, in which it holds a 48 per cent stake.

Clearwire soared 16 per cent to $2.69.

Microsoft added 1.1 per cent after unveiling Xbox Music, which offers free music streaming for computers and tablets with the new Windows operating system to be launched this month. -- AFP

Kredit: www.nst.com.my

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On eve of second debate, Romney on the rise - CBS News

Posted: 15 Oct 2012 09:00 AM PDT

In a series of new polls out this morning, Mitt Romney's ratings have risen since his performance in the first presidential debate.

In a Washington Post/ABC News poll, 62 percent of Romney supporters now say they are "very enthusiastic" about Romney compared to 52 percent before the debate. The president's supporters have an unchanged view of him with 60 percent saying they are "very enthusiastic" compared to 59 percent before the debate.

Among 923 likely voters polled, 49 percent back Mr. Obama and 46 support the Romney. The outcome is similar to the last Washington Post/ABC poll from two weeks ago and is also within the 3.5 percent margin or error.

The poll noted "barely one in eight" respondents say they are undecided or say there is a chance they could switch their opinion.

The survey shows some positive aspects for the Obama campaign as an increase number of respondents say the country is headed in the right direction, with 42 percent saying so compared to 13 percent before the party conventions in August. On the other hand, 56 percent still say the country is on the wrong track.

Play Video

Luntz: Romney has got to make Obama look negative

Another survey, by Politico/George Washington University, shows Romney with an increase in his favorability rating. Fifty-one percent of likely voters say he has a favorable rating, which is two points higher than before the debate, while 44 percent have an unfavorable view. (Watch pollster Frank Luntz discuss the next presidential debate.)

The president, however, still has a higher favorability rating of 53 percent.

Obama enjoys the support of 49 percent of the 1,000 respondents polled compared to 48 percent who are backing Romney, which is the same as last week's Politico poll. Among battleground states, Romney posts 50 percent to Obama's 48 percent, which is within the 3.1 percent margin of error.

The survey reveals Romney has an eight-point advantage among independents and an 11-point lead among men. Women, however, back the president by 11 points: 54-43 percent.

In a third poll, Gallup's Daily Tracking poll, Romney has the support of 49 percent of likely voters and Mr. Obama garners the support of 47 percent. The results are also within the margin 2 point margin of error, as are the results of every Gallup Daily Tracking Poll since October 1.

Pakistani girl shot by Taliban lands in UK - CBS News

Posted: 15 Oct 2012 09:24 AM PDT

Updated at 12:14 p.m. ET

BIRMINGHAM, England A teenage Pakistani activist shot in the head by the Taliban arrived in the United Kingdom on Monday for more specialized medical care and to protect her from follow-up attacks threatened by the militants.

CBS News correspondent Elizabeth Palmer reports from the Pakistani capital of Islamabad that Malala Yousufzai's doctors expect her to make steady if slow progress, according to a diplomat who had seen her en route to Britain.

The attack on 14-year-old Malala as she was returning home from school in Pakistan's northwest a week ago has horrified people across the South Asian country and abroad. It has also sparked hope that the Pakistani government would respond by intensifying its fight against the Taliban and their allies.

Malala's condition was reported as stable during the weekend, and doctors had reduced her sedation to see if they could determine how much damage has been done to her brain, Palmer reports.

Malala was targeted by the Taliban for promoting girls' education and criticizing the militant group's behavior when they took over the scenic Swat Valley where she lived. Two of her classmates were also wounded in the attack and are receiving treatment in Pakistan.

The Taliban have threatened to target Malala again until she is killed because she promotes "Western thinking."

Play Video

Signs of hope for young girl shot by Taliban

Police told Palmer that that, although the attack happened on a relatively busy road, no witnesses have come forward. On a brighter note, Palmer reports, the school that Malala championed so passionately is full. All the girl students have come to school and told Palmer that they and their parents -- even though they've been frightened by the attack -- are refusing to be intimidated.

Malala, who had been receiving treatment at a Pakistani military hospital, arrived in Britain on Monday afternoon. Pakistan's military had said a panel of doctors recommended that Malala be shifted to a center in the United Kingdom that has the ability to provide "integrated" care to children who have sustained severe injuries.

"It was agreed by the panel of Pakistani doctors and international experts that Malala will require prolonged care to fully recover from the physical and psychological effects of trauma that she has received," the military said in a statement.

Play Video

Wounded Pakistani girl moved to U.K. for treatment

Malala will be taken to the Queen Elizabeth Hospital in Birmingham in central England, which is also home to the Royal Center for Defense Medicine, according to British Prime Minister David Cameron's office.

The Royal Center is the primary receiving unit for military casualties returned from overseas, and the Queen Elizabeth Hospital is designated as one of the country's 16 major trauma centers which specialize in treating severe gunshot wounds, major head injuries and road accident victims.

The hospital said a senior medical director is expected to provide an update on the girl's condition following an initial assessment later Monday.

Malala was flown out of Pakistan on Monday morning in a specially equipped air ambulance provided by the United Arab Emirates, the Pakistani military said.

Video footage handed out by the military showed Malala being wheeled out of the hospital on a stretcher, covered in a white sheet and surrounded by uniformed army officers. She was placed in the back of an ambulance and driven to the airport, where she was put on a plane.

The plane stopped for several hours in the Emirati capital of Abu Dhabi on the way to the United Kingdom, said Pakistani Ambassador to the UAE Jamil Ahmed Khan. The ambassador visited Malala during the stop and said she appeared to be in stable condition. Her parents were not on the plane with her, he said.

Khan told CBS News Malala appeared to be improving steadily. He said her doctors told him they believe she will make a slow recovery, but will recover, eventually. He added that her parents will join her in the U.K. at some point.

Khan told CBS News security measures were being taken to protect Malala because of the Taliban threat against her, but he would not go into specifics.

Pakistani doctors at a military hospital earlier removed a bullet from Malala's body that entered her head and headed toward her spine.

The military has described her recovery as satisfactory and said she was able to move her legs and hands several days ago when her sedatives were reduced. It has not said whether she suffered any brain damage or other permanent damage.

On Monday, the military said damaged bones in Malala's skull will need to be repaired or replaced, and she will need "intensive neuro rehabilitation." The decision to send the girl abroad was taken in consultation with her family, and the Pakistani government will pay for her treatment.

Pakistanis have held rallies for Malala throughout the country, but most have only numbered a few hundred people. The largest show of support by far occurred Sunday when tens of thousands of people held a demonstration in the southern port city of Karachi organized by the most powerful political party in the city, the Muttahida Quami Movement.

"The U.K. stands shoulder to shoulder with Pakistan in its fight against terrorism," British Foreign Secretary William Hague said in a statement sent to reporters. "Malala's bravery in standing up for the right of all young girls in Pakistan to an education is an example to us all."

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Kredit: www.nst.com.my

Isnin, 15 Oktober 2012