Isnin, 25 Mac 2013

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Business Times : latesthttp://www.btimes.com.my enTuesday, March 26, 2013, 11.40 AMD&B launches CCM coursehttp://www.btimes.com.my/articles/20130326101001/Article/ http://www.btimes.com.my/articles/20130326101001/Article/Tue, 26 Mar 2013 10:10:01 +0800Dun and Bradstreet Malaysia Sdn Bhd (DandB), has launched its first-ever professional Competency Certificate in Credit Management (CCCM) course in Malaysia, to enhance credit management knowledge and functions of small and medium enterprises (SMEs). In a statement today, DandB said the course is aimed at producing highly competent and efficient credit professionals. The two-stage course will be conducted by a group of experienced credit practitioners who have trained many SMEs, financial institutions and professional bodies in Malaysia. Taught over a period of six months, it covers an entire spectrum of important topics in credit management, including business economics, legal aspects of credit management and key tools used in evaluating the financials and non-financials of firms. DandB Malaysia Regional Director Edwin Wong, said the CCCM programme was a resounding success in other Asian countries such as Hong Kong. "We believe the launch of the CCCM in Malaysia is timely and meets the capability development needs of local firms, specifically in the area of credit management," he added. DandB is the world's leading provider of business-to-business credit, marketing and purchasing information and receivables management services.-- Bernama Short-term rates to remain stable Tuesdayhttp://www.btimes.com.my/articles/20130326101330/Article/ http://www.btimes.com.my/articles/20130326101330/Article/Tue, 26 Mar 2013 10:13:30 +0800Short-term interbank rates are expected to remain stable on Tuesday as Bank Negara Malaysia intervenes to absorb excess liquidity from the financial system. The central bank estimated today's surplus at RM24.499 billion in the conventional system and RM6.650 billion in Islamic funds. Bank Negara will call for four conventional tenders comprising RM1.5 billion for seven days, RM1 billion each for 14 and 28 days, and RM500 million for 21 days. It will conduct two Al-Wadiah tenders comprising RM1.5 billion for seven days and RM400 million for 14 days. The central bank will also conduct a RM100 million Commodity Murabahah Programme for 21 days. At 4pm, Bank Negara will conduct a conventional overnight tender for up to RM20.7 billion and a RM5 billion Al-Wadiah overnight tender.-- Bernama KL shares higher in early tradehttp://www.btimes.com.my/articles/20130326100552/Article/ http://www.btimes.com.my/articles/20130326100552/Article/Tue, 26 Mar 2013 10:05:52 +0800Share prices on Bursa Malaysia were mostly higher in early trade in spite of declines in share prices in major regional markets due to ongoing concerns over risks in the Cyprus financial bailout by the International Monetary Fund and European Union, dealers said. At 9.17am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.14 points higher at 1,649.03 after opening 7.95 points higher at 1,651.84, driven by gains in selected heavyweights. The Finance Index increased 58.38 points to 15,504.66, the Industrial Index added 6.57 points to 2,852.69 and the Plantation Index rose 16.10 points to 7,849.77. The FBM Emas Index advanced 31.04 points to 11,280.67, the FBMT100 added 30 points to 11,117.86, the FBM Mid 70 Index gained 14.45 points to 12,522.49 but the FBM Ace Index was 2.14 points lower at 3,964.92. Advancers led decliners by 102 to 51 with 127 counters unchanged, 1,363 untraded and 15 others suspended. Total volume stood at 58.8 million shares worth RM56.8 million. Among actives, Krisassets Holdings gained one sen to 6.5 sen, ETI Tech Corporation declined half a sen to 5.5 sen, Alam Maritim Resources increased two sen to 94 sen and GPRO Technologies rose half a sen to 10.5 sen. Of the heavyweights, Maybank increased 11 sen to RM9.34, Sime Darby was unchanged at RM9.20, Axiata declined one sen to RM6.44 and Petronas Dagangan increased 16 sen to RM23.34.-- Bernama Ringgit opens slightly lower in early tradehttp://www.btimes.com.my/articles/20130326100146/Article/ http://www.btimes.com.my/articles/20130326100146/Article/Tue, 26 Mar 2013 10:01:47 +0800The ringgit was traded slightly higher against the US dollar in early trading on Tuesday on mild buying interest for the local currency, dealers said. At 9am, the local currency was quoted at 3.0950/0980 from yesterday's close of 3.0970/1000. The dealers said the risk appetite had risen after a bailout deal was reached for Cyprus. Meanwhile, the ringgit was traded mostly lower against other major currencies. The local currency weakened against the Singapore dollar to 2.4907/4948 from Monday's close of 2.4887/4928 and declined against the Japanese yen to 3.2859/2898 from 3.2696/2745 previously. The ringgit appreciated against the British pound to 4.6967/7028 from 4.7152/7207 yesterday but appreciated against the euro to 3.9811/9859 from 4.0249/0291.-- Bernama Dow ends lower on renewed Cyprus worrieshttp://www.btimes.com.my/articles/20130326095544/Article/ http://www.btimes.com.my/articles/20130326095544/Article/Tue, 26 Mar 2013 09:55:44 +0800NEW YORK: US stocks fell on Monday on renewed concerns about the developments in Cyprus and the euro zone, which wiped away earlier gains that drove the SandP 500 index to less than a point away from its record close. Stocks fell after Jeroen Dijsselbloem, who heads the Eurogroup of euro-zone finance ministers, told Reuters and the Financial Times that when failing banks need rescuing, euro-zone officials would turn to the bank's shareholders, bondholders and uninsured depositors to contribute to their recapitalization. He also said that Cyprus was a template for handling the region's other debt-strapped countries. But stocks came off their lows after Dijsselbloem clarified his previous comments and said, "Cyprus is a specific case with exceptional challenges, which required the bail-in measures we have agreed upon yesterday. Macro-economic adjustment programmes are tailor-made to the situation of the country concerned and no models or templates are used." Before his remarks, the Dow industrials hit yet another record intraday high and the SandP 500 edged closer to its highest closing level ever on Monday after negotiators reached a deal to keep Cyprus afloat with a financial bailout and avert the country's possible exit from the euro zone. "There was certainly a sigh of relief that a deal was reached, but there are still growing concerns that more work needs to be done," said Jack Ablin, the chief investment officer of BMO Private Bank in Chicago. Banking shares were among the day's top decliners. Shares of Morgan Stanley fell 1 per cent to US$21.97 while Bank of America dropped 1.3 per cent to US$12.40. The Dow Jones industrial average slipped 64.28 points, or 0.44 per cent, to end at 14,447.75. The Standard and Poor's 500 Index dipped 5.20 points, or 0.33 per cent, to 1,551.69. The Nasdaq Composite Index declined 9.70 points, or 0.30 per cent, to close at 3,235.30. Earlier, the Dow climbed to an intraday record high of 14,563.75. The SandP 500 rose to a session high of 1,564.91 - just a fraction of a point below its record closing high of 1,565.15 set on October 9, 2007. The CBOE Volatility Index, known as the VIX, Wall Street's favorite barometer of investor anxiety, ended up 1.3 per cent at 13.74, off its intraday high of 14.61. In company news, Dell Inc said it received alternative proposals from Blackstone and billionaire investor Carl Icahn that could be superior to the US$24.4 billion offer from founder Michael Dell and private equity fund Silver Lake Partners last month. Dell shares rose 2.6 per cent to US$14.51. Merger and acquisition activity has been among the reasons for stocks' stellar performance so far this year. Shares of University of Phoenix owner Apollo Group rose 7.1 per cent to US$18.25 after the company reported a better-than-expected profit even as student sign-ups fell for the fourth straight quarter. The stock was the SandP 500's biggest percentage gainer. Best Buy Co Inc shares rose 1.8 per cent to US$23.20 after the company said that founder Richard Schulze would rejoin the consumer electronics retailer as chairman emeritus and add two of his former colleagues to the board. The news helped dispel rumors that the largest investor in the world's largest consumer electronics chain was contemplating selling his stake in the company. Volume was roughly 5.8 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion. Decliners outnumbered advancers on the NYSE by a ratio of about 3 to 2, while on the Nasdaq, about 13 stocks fell for every 12 that rose.-- Reuters
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Supreme Court To Hear Affirmative Action Case - Huffington Post

Posted: 25 Mar 2013 08:56 AM PDT

WASHINGTON -- The Supreme Court is broadening its examination of affirmative action by adding a case about Michigan's effort to ban consideration of race in college admissions.

The justices already were considering a challenge to the University of Texas program that takes account of race, among many factors, to fill remaining spots in its freshman classes. The Texas case has been argued, but not yet decided.

The court on Monday said it would add the Michigan case, which focuses on the 6-year-old voter-approved prohibition on affirmative action and the appeals court ruling that overturned the ban. The new case will be argued in the fall. A decision in the Texas case is expected by late June.

The dispute over affirmative action in Michigan has its roots in the 2003 Supreme Court decision that upheld the use of race as a factor in university admissions. That case concerned the University of Michigan law school.

In response to the court's 5-4 decision in that case, affirmative action opponents worked to put a ballot measure in front of voters to amend the state constitution to outlaw preferential treatment on the basis of race and other factors in education, as well as government hiring and contracting. In November 2006, 58 percent of Michigan voters approved the measure.

Civil rights groups sued to block the provision the day after the vote. In November, the 6th U.S. Circuit Court of Appeals voted 8-7 to invalidate the ban as it applies to college admissions. It did not address hiring or contracting.

The appeals court said the constitutional amendment is illegal under Supreme Court rulings from the late 1960s and early 1980s that prohibit placing special burdens on minority groups that want to bring about changes in laws and policies. The court said that forcing opponents of the ban to mount their own long, expensive campaign through the ballot box to protect affirmative action amounts to different, and unequal, treatment.

That burden "undermines the Equal Protection Clause's guarantee that all citizens ought to have equal access to the tools of political change," the court said. By way of example, the court said that children of university alumni remain free to lobby lawmakers and university officials to adopt policies to take family ties into account in admissions.

The 6th Circuit divided along ideological lines, with its more liberal judges in the majority.

Michigan Attorney General Bill Schuette asked the Supreme Court to review the 6th Circuit's ruling. "Entrance to our great colleges and universities must be based upon merit, and I remain optimistic moving forward in our fight for equality, fairness and rule of law at our nation's highest court," Schuette said Monday.

In the Texas case, a white student who was denied admission to the University of Texas is suing to overturn the school's use of race among many factors to fill out its incoming freshman classes. The bulk of the slots go to Texans who graduated in the top 10 percent of their high school classes.

The Michigan case is Schuette v. Coalition to Defend Affirmative Action, 12-682.

Also on HuffPost:

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'The Walking Dead': 10 characters we'll miss; 5 in danger (spoilers) - Los Angeles Times

Posted: 25 Mar 2013 08:48 AM PDT

Departing show runner Glen Mazzara has long contended that in the world of "The Walking Dead," no one is safe. And it's true that so far in the life of the AMC zombie series, a host of characters have met untimely deaths — at the hands of walkers and other dangers.

(A strong warning to anyone who might have missed Sunday's episode, "This Sorrowful Life," stop reading right now unless you want to know which major character met his end last night.)

In a shocking turn of events, David Morrissey's ruthless Governor shot and killed Merle, leaving fans of the Dixon brothers heartbroken — even as they might have breathed a sigh of relief that Daryl's life was spared — for now. (If there's anyone the writers can't kill, it's Norman Reedus' fan favorite; Mazzara conceded to Hero Complex that he's heard from plenty of audience members who promise to revolt should anything happen to him.)

Michael Rooker's Merle might not have been the most affable guy, but his exit surely will be felt in surprising ways. The ghosts of earlier members of Rick's band of survivors continue to echo out in episodes even now, either as actual manifestations or as factors that cause the living characters to behave in certain ways.

At the end of Season 2, Shane turned on Rick, then turned zombie (note the contacts), then Carl turned on Shane. (AMC)

In Season 1, a walker took several big bites out of Amy (Emma Bell). That turned her big sister Andrea (Laurie Holden) suicidal for a time. The character recovered her will to live and went on to former a sisterly relationship with Michonne (Dania Gurira), though obviously that particular bond has been sorely tested.

Season 2 proved especially lethal, though. Carl (Chandler Riggs) was nearly killed by a hunter's bullet, and though he survived, that event set the stage for the death of Otis (Pruitt Taylor Vince) at the hands of Shane. Nor was Carl the only child in danger.

In what remains one of the show's most heartbreaking moments, Season 2 brought the end of Carol's daughter Sophia, who turned into a walker and had to be put down. Then there was Dale, followed almost immediately by Jon Bernthal's Shane. Although the loss of Jeffrey DeMunn's Dale represented a deep blow — he had become the group's unfailing moral center — Shane's death proved more complicated.

Anyone familiar with Robert Kirkman's comic books might have had an inkling that the increasingly unhinged former lawman wouldn't survive the show's unforgiving post-apocalyptic landscape. But it wasn't a hungry zombie that did Shane in — it was a knife wound to the gut courtesy of his former best friend and partner, delivered in a spectacular moonlight standoff in the second-season finale that gave the actor a chance to finally pop in a pair of zombie contact lenses.

And in taking Shane's life to protect the group, Andrew Lincoln's Rick Grimes stepped onto the path he's followed this season, one of deep inner turmoil.

Lori — wife of Rick, mother of young Carl — made a monumental self-sacrifice in Season 3 when she had a Caesarean to save her unborn baby, the child-of-questionable-parentage, and it spelled Lori's doom, and the departure of actress Sarah Wayne Callies. We also said goodbye to another original Atlanta survivor, T-Dog — how could you not like T-Dog? From Seasons 1 to 3, he seemed to get sidelined, but he did suffer a heroic death, sacrificing himself to walkers to save Carol (whose abusive husband Ed, played by actor Adam Minarovich, died in Season 1).

After losing a couple of new characters met along the way — Axel, we hardly know you — now there's Merle.

Speaking on the Georgia set of the show earlier this year, Rooker was quick to defend his often unlikable character.

"Merle for me has always been not at all what I think most people think of Merle, as somewhat of a cliched Southern bigoted redneck," Rooker explained. "Merle's been around the world, been around the corner a few times, had some knocks and bruises, encounters with law enforcement. And you know what? He's a tough … you don't want to mess with him. In the way I sort of envisioned and developed the character, so far Merle is not some sort of psychopathic killing machine — when it comes to zombies, yes, he absolutely loves it and is quite good at it. [But now] Merle's kind of found a home, but there's still something missing, his family. His family is his brother."

The Season 3 finale is upon us, "Welcome to the Tombs." Starting Monday night, AMC will begin a weeklong marathon of "The Walking Dead," from the first episode through "This Sorrowful Life," in preparation for the finale.  The big question is, are we going to lose someone else from our diminishing band of survivors?

In the gallery above, we look back on 10 characters who have completed their time on "The Walking Dead." Also included: five characters who might be in grave danger.

Tell us your thoughts in the comments below, as well as your ideas of who might be next.

– Amy Hubbard and Gina McIntyre

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