Isnin, 28 Januari 2013

NST Online Business Times : latest

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NST Online Business Times : latest

Posted: 28 Jan 2013 06:22 PM PST

Share prices on Bursa Malaysia turned mixed at mid-morning today in sync with the performance of other regional bourses, dealers said.

At 11.12 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.31 points to 1,639.44, after opening 7.89 points higher at 1,645.02.

Regionally, Japan's Nikkei improved 68.63 points to 10,892.94, while Hong Kong's Hang Seng lost 22.05 points to 23,649.83 and Singapore's Straits Times slipped 0.24 of a point to 3,273.67.

On Bursa, the Finance Index chalked up 19.69 points to 14,904.08, the Plantation Index increased 11.77 points to 8,043.06, and the Industrial Index increased 20.61 points to 2,773.94.

The FBM Emas Index went up 10.02 points to 11,152.11, the FBMT100 was 12.01 points higher at 11,002.76, and the FBM Ace Index added 6.39 points to 4,128.37.

The FBM Mid 70 Index, however, lost 3.02 points to 12,152.02.

Losers led gainers by 313 to 184, with 271 counters unchanged, 889 untraded and 46 others suspended. Volume stood at 387.417 million shares worth RM499.414 million.

Among actives, Oriented Media Group and Daya Materials added half-a-sen each to 12 sen and 22 sen respectively, while Tebrau Teguh and Patimas lost half-a-sen each to 92.5 sen and 11 sen, respectively.

Of the heavyweights, Maybank earned two sen to RM8.92, Sime Darby gained seven sen to RM9.36 and CIMB rose six sen to RM7.27, but Axiata lost two sen to RM6.35. -- Bernama

US stocks fall despite upbeat factory data

Posted: 28 Jan 2013 03:35 PM PST

NEW YORK: Stocks finished Monday mostly lower despite a stronger-than-expected manufactured durable goods report and a nearly 2 per cent lift from Caterpillar earnings.

At the close, the Dow Jones Industrial Average was down 14.05 points (0.10 per cent) to 13,881.93.

The broad-based S&P 500 fell 2.78 points (0.18 per cent) to 1,500.18.

The tech-heavy Nasdaq Composite Index rose 4.59 (0.15 per cent) to 3,154.30, boosted by Apple.

Orders for manufactured durable goods rose to US$230.7 billion, up 4.6 per cent from November, the Commerce Department said. Analysts had expected a rise of just 1.6 per cent.

But December pending home sales, which were projected to be flat, instead fell by 4.3 per cent.

Monday's lacklustre equity action came on the heels of rallies that have lifted stock indices to multi-year highs.

Slumping technology company Apple reversed recent losses and picked up 2.3 per cent, replacing ExxonMobil as the world's largest company by market capitalisation. ExxonMobil fell 0.7 per cent.

Yahoo!, which reported stronger-than-expected earnings after the market closed, fell 0.3 per cent, but jumped 4.5 per cent in after-hours trading.

Caterpillar gained 2 per cent after posting a big year-on-year drop in quarterly profit but suggesting business could pick up in the second half of 2013.

Energy company Hess surged 6.1 per cent after it announced it was selling refining and terminal operations in the United States and placing more focus on exploration and production.

Research in Motion, which will launch its newest BlackBerry smartphone this week, gave up 7.8 per cent.

Industrial coatings maker PPG lost 2.0 per cent after the closing of the share-exchange period related to the merger of its commodity chemicals business with Georgia Gulf Corp, to become the PPG spinoff Axiall. Georgia Gulf gained 8.6 per cent.

Menswear retailer Jos. A. Bank dived 15.1 per cent after warning that its fiscal 2012 profit was expected to be 20 per cent lower than the prior year, citing lower sales due to unseasonably warm winter weather. -- AFP

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Senators reach deal on broad immigration reform - Fox News

Posted: 28 Jan 2013 08:26 AM PST

This transcript is automatically generated

Details of this bell still need to be worked out really but according to sources senators want to cover really four main goals in this.

It include is something you've heard a lot about which is a path to citizenship.

For the eleven million immigrants who are already living here.

Also reforming the current legal immigration system as well which some people including Jeb Bush say.

-- a lot of flaws and and establishment of an employment verification program to prevent employers from hiring illegal immigrants something like that already exist they wanna do some changes to back.

Also an agricultural worker program and.

This kind all right Steve Centanni now leads our -- is live in Washington what happens.

Exactly today Steve good morning.

Well good morning bill a bipartisan group of eight senators will unveil its new immigration proposal here on Capitol Hill.

It's a plan as you said the lays out a path to citizenship for eleven million undocumented immigrants along with tighter border security and better employment verification.

The Democrats on the panel are Chuck Schumer of New York Dick Durbin of Illinois Bob Menendez of New Jersey.

And Colorado's Michael -- the Republicans or John McCain of Arizona south Carolina's Lindsey Graham Marco Rubio of Florida and Jeff flake of Arizona.

Now this comes as President Obama flies to Las Vegas to outline his vision for immigration.

Senator Durbin says immigration reform a comprehensive plan is long overdue.

We are committed to a comprehensive approach to finally in this country have -- immigration law that we can live with.

We have virtually been going for maybe 25 years without a clear statement about immigration policy that's unacceptable in this nation of immigrants.

The plan also calls for easier entry for immigrants who have math science and engineering skills -- there are a lot of politics laces this entire issue how -- the politics figure into.

This proposal -- Well first he comes during an important window of opportunity before the mid term elections of 2014 get under way before the campaigning gets under way it also comes just after President Obama.

Was reelected partly because of the strong support of Latinos the fastest growing minority group in the US Senator John McCain acknowledge that reality yesterday.

a little straight talk look at the last election.

But the last election we are losing.

Dramatically the Hispanic vote which we think.

Should be ours for a variety of reasons and we got to understand that.

So is senate bill immigration reform could be debated this spring we'll see OK thank you Steve start another way Steve Centanni in Washington Martha has --

Three arrested in connection with deadly Brazil nightclub fire - CNN International

Posted: 28 Jan 2013 09:20 AM PST

Relatives and friends of one of the victims of the Kiss nightclub fire gather during the funeral at Santa Rita Cemetery in Santa Maria, Brazil, on Monday, January 28. More than 230 people died and more than 120 were injured early Sunday when a fire tore through the nightclub packed with university students in southern Brazil, police said.

HIDE CAPTION

Hundreds dead in Brazil nightclub fire

STORY HIGHLIGHTS

NEW: Investigators are searching for a fourth person
Three are detained as part of an investigation into blaze that killed 231
They will be held for five days, state-run Agencia Brasil reports

(CNN) -- Police arrested three people and were searching Monday for a fourth in connection with the nightclub fire that killed 231 people in southern Brazil, state media reported.

The detainees will be held initially for five days while authorities investigate Sunday's blaze in the Kiss nightclub in Santa Maria, Marcos Viana, a police official told state-run Agencia Brasil. The five-day period can be extended for five more days, the news agency said.

"We concluded that it was necessary to hold them prisoner temporarily, because we need their statements to help us clarify the incident," Viana said, according to Agencia Brasil.

Police did not identify those arrested.

"We have much work ahead to clarify what happened and identify those responsible," Viana said, according to the news agency.

Civil police in Santa Maria have questioned 20 other people, it said.

More than 100 clubgoers were injured in the fire, which authorities say began about 2:30 a.m. Sunday when a band's pyrotechnic show ignited insulation material.

Many apparently died from smoke inhalation; others were trampled in the rush for the exits.

The nightclub owners have pledged to cooperate with the investigation, according to a statement released by the law firm of Kummel & Kummel.

"We are open to all authorities and inspections," said the statement, obtained by Globo TV.

The club's license had expired in August and had not been renewed, a local fire official told Globo TV.

The owners, however, said the nightclub was properly permitted and had been inspected by the fire marshal.

The city's mayor, Cezar Schirmer, said the fire department "has always done a very strict surveillance on the homes of shows and dealt with all other issues that relate to security of these places."

On Monday, the first of Brazil's three days of mourning, flowers were left outside the club in tribute to the victims, and a flag outside the country's presidential palace flew at half-staff.

In Santa Maria, mourners lined up in a series of funeral processions and coffins were lined up in a gymnasium that authorities had turned into a morgue.

By noon, 40 of 110 funerals planned for the day had already been held at the city's municipal cemetery, its chief of staff told CNN affiliate Band News.

At one funeral, air force troops fired rifles in tribute to a comrade who died in Sunday's fire.

At another, two teenage brothers, the only children in one family, were buried side by side.

Of the people who were hurt, 82 were still in area hospitals; 40 were taken four hours east to the city Porto Alegre, BandNews TV reported.

The governor of Rio de Janeiro sent 15 mechanical ventilators, Agencia Brasil reported.

CNN's Tom Watkins, Shasta Darlington and Chelsea J. Carter contributed to this report.

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Kredit: www.nst.com.my

Isnin, 28 Januari 2013