Selasa, 7 Mei 2013

NST Online Business Times : latest

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Posted: 07 May 2013 07:00 PM PDT

The ringgit opened higher today on improved risk appetite for emerging currencies and US dollar selling pressure due to the
bullish Germany factory data coupled with strong local fundamentals, dealers said.

At 9.04am, the ringgit was quoted at 2.9780/9810 against the greenback's 2.9815/9845 at yesterday's close.

Against other major currencies, the ringgit was traded mostly higher.

The local currency strengthened against the Singapore dollar to 2.4154/4190 from yesterday's close at 2.4187/4229 and appreciated against the British pound to 4.6082/6121 from 4.6335/6391 and advanced against the euro to 3.8937/8966

from 3.8989/9040 Tuesday.

The ringgit, however, depreciated against the yen to 3.0111/0138 from yesterday's 3.0071/0107 as the Japanese currency received a boost after the market reopened following a long holiday.-- Bernama

Short-term rates to remain stable

Posted: 07 May 2013 07:03 PM PDT

[unable to retrieve full-text content]Short-term interbank rates are expected to remain stable today as Bank Negara Malaysia intervenes to absorb excess liquidity from the financial system. The central bank estimated today's liquidity at RM31.727 billion in the conventional system and RM11.513 billion in Islamic funds. Bank Negara will conduct a RM12 billion range maturity auction for two to 124 days and a RM200 million repo tender for 33 days. It will also conduct three Al-Wadiah tenders comprising RM400 million for seven days, RM3.2 billion for 21 days and RM1.4 billion for 28 days. At 4pm, Bank Negara will conduct up to RM19.5 billion in conventional overnight tender and a RM6.3 billion Al-Wadiah overnight tender.-- Bernama

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Report Finds Military Sex Assaults on Rise - Wall Street Journal

Posted: 07 May 2013 08:27 AM PDT

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Driver: 'Horrific' fatal limo fire 'happened so fast' - Today.com

Posted: 07 May 2013 06:59 AM PDT

2 hours ago

The driver of a limo that became engulfed in flames on the San Mateo Bridge in California and resulted in the deaths of five women described a "horrific experience'' on TODAY Tuesday.

Orville Brown was chauffeuring nine women on their way to a bridal shower on Saturday when the white 1999 Lincoln Town Car became engulfed in flames for unknown reasons. The bride, Neriza Fojas, 31, and four other women died.

"I'm just looking at some of the victims, just real frustrated,'' Brown told Willie Geist. "It's just frustrating, depressing.

"Everything happened so fast. It was a horrific experience."

Two of the surviving four women remained in the hospital Tuesday, one in stable condition and one in critical.

The car was only minutes from its destination, the hotel where Fojas' fiance was waiting for her, when it caught fire.

Nelia Arellano, 36, described crying out to Brown to get him to pull over. She said flames shot out from underneath the rear seat and the back doors were quickly covered in smoke and fire.

"I told you there is smoke and then a fire came out, and I said there is already a fire, you need to stop the car, stop the car,'' Arellano told NBC's Miguel Almaguer. "Jasmine said, 'I cannot get out. Help me, I cannot get out.' So, I tried to pull her out.''

When Arellano told Brown about the smoke, he initially thought she meant something else.

"I thought that she wanted to smoke a cigarette and I said, 'No the owner doesn't allow you to smoke cigarettes,' and I looked at the GPS directly in front of me and it said four minutes. I said we only have four minutes and you can smoke then. I kind of looked back and I saw the grief on her face, the frustration and the pain and could see a little smoke.''

Brown pulled over, and he said a car in front of him and one behind also pulled over to help. One woman climbed through the limo's partition to the front seat, and Brown said he helped pull another one through the partition. Brown and the women who were able to exit the car then ran to the back of the limo and tried to open the doors to save the others.

"Once they opened the door, there were so many flames,'' he said. "Everything happened so fast. Once they opened the door, the car was completely engulfed in flames. One got stuck (in the partition), I helped pull her through, and at that time, it was horrific.''

Brown couldn't remember if he tried to pull other women through the partition. The coroner said that the five women found dead were located behind the driver's seat, meaning they most likely were trying to get through the partition.

"I'm not sure because at that point, there was somebody else in the car trying to help, and I'm on the phone,'' he said. "Everything happened so fast. I'm trying to use the phone, I couldn't use the phone, I'm shaking, nervous, (and) some of the ladies are crying."

The California Highway Patrol said the car, which was carrying nine passengers, is designed to carry eight, and the investigation into the tragedy could take weeks. No one has been cited for the accident and the CHP said that the company, Limo Stop, has all the necessary permits.

Kredit: www.nst.com.my

Selasa, 7 Mei 2013