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KL shares open lower Posted: 29 Jul 2013 06:52 PM PDT Bursa Malaysia opened lower in early trading today on lack of buying momentum, dealers said. Five minutes into trading, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,798.51, down 0.28 of a point. HwangDBS Vickers Research said the benchmark FBM KLCI might attempt to stage a recovery and climb above the psychological mark of 1,800 ahead after slipping 8.8 points to settle at 1,799 yesterday. "It is going to be a test of resilience for our Malaysian bourse today," it said in a note today. Wall Street posted a weak overnight performance with key US stock indices down between 0.2 per cent and 0.4 per cent at the closing bell mainly dragged by a drop in pending home sales. On the scoreboard, the Plantation Index eased 8.06 points to 8,394.70, the Industrial Index fell 21.41 points to 3,071.41, and the Finance Index dropped 28.36 points to 17,230.23. The FBM Emas Index went down 9.10 points to 12,537.10, the FBM100 Index eased 6.6 points to 12,278.66, the FBM 70 Index decreased 42.83 points to 14,454.78 and the FBM ACE Index was down 3.3 points to 5,080.53. Gainers outpaced losers by 114 to 42, with 913 counters unchanged, 557 untraded and 72 others suspended. Turnover amounted to 50.402 million shares worth RM34.098 million. Among actives, Tanco Holdings and Asia Media Group were up by half-a-sen to 19 sen and 15.5 sen respectively while Flonic Hi-Tec, Dialog Group and Ariantec Global were flat at 13 sen, RM3.02 and eight sen respectively. Mewly-listed Sona Petroleum opened at 41 sen, a discount from its offer price of 50 sen with 16.786 million shares changing hands. Among heavyweights, Axiata, Maxis and Petronas Chemicals were flat at RM6.82, RM7.09 and RM6.60 respectively while Maybank and CIMB fell six sen and 11 sen to RM10.64 and RM8.20 respectively.-- Bernama

Ringgit opens lower against US dollar Posted: 29 Jul 2013 06:54 PM PDT The ringgit opened lower against the US dollar today on lack of buying demand, a dealer said. At 9.10am today, the local unit was quoted at 3.2330/2360 to a US dollar from 3.2240/2280 at Monday's close. He said investors were cautious ahead of the outcome of the US Federal Reserve meeting scheduled tomorrow. "The meeting will unveil policy decisions on the tapering of the stimulus," he said. Meanwhile, the Malaysian ringgit was mostly lower against other major currencies. It depreciated against the Singapore dollar to 2.5493/5537 from 2.5466/5508 at yesterday's close and fell against the yen to 3.2973/3010 from 3.2905/2949 previously. However, the domestic currency improved versus the British pound to 4.9588/9647 from 4.9643/9718 on Monday but was traded lower against the euro at 4.2870/2916 from 4.2821/2887.-- Bernama

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Pope Francis says gays should not be judged - Los Angeles Times Posted: 29 Jul 2013 08:12 AM PDT RIO DE JANEIRO — His first overseas trip behind him, Pope Francis has made conciliatory remarks about the roles of gays and women in the Roman Catholic Church and allowed that the troubled Vatican bank may have to be shut down altogether. In comments to reporters aboard the flight that on Monday returned him to Rome from Rio de Janeiro, the pope said that he opposed any type of lobby that might try to influence his decisions. He was responding to a question about the so-called gay lobby inside the Vatican that some officials have alleged exists as a cabal of gay priests who run the Holy See. He said it was important to distinguish between a lobby, which he did not approve of, and priests or other Catholics who might be gay. PHOTOS: Pope Francis visits Brazil "If a person is gay, seeks God and has good will, who am I to judge?" Francis said. "They should not be marginalized." The church has traditionally labeled homosexuality a "disorder," and under Pope Benedict XVI, who resigned in February, men with "deep-seated tendencies" towards homosexuality were to be barred from the priesthood. Francis' comments seemed to back away from an absolute ban. On women, he repeated the church position that they cannot be priests. "The door is closed" on that issue, he said. However, he added women should not be "limited to being altar girls" and should be given expanded administrative roles in the church. The pope spoke for nearly an hour and a half with the journalists, the first free-wheeling press conference of his papacy. On the scandal-plagued Vatican bank, suspected of being used to launder millions of dollars, Francis said he would heed the advice of a five-member special oversight committee. But he said he did not know whether the bank could be saved or must be closed. "Whatever the solution, it must have transparency and honesty," Francis said. Journalists onboard the flight described the pope as witty, comfortable and surprisingly frank. Earlier, in an interview with the O Globo broadcasting network in Rio, he again voiced support for young demonstrators who have been protesting excessive government spending and the lack of education and health services. "A young person who does not protest, I do not like," the pope said. ALSO: Wave of car bombs in Iraq kills dozens Russia: President Vladimir Putin catches a really big fish Israel, Palestinians to meet in U.S. after vote to free prisoners

Scores arrested in child prostitution crackdown - CNN Posted: 29 Jul 2013 08:46 AM PDT STORY HIGHLIGHTS An FBI operation rescues 105 children across the country The ages of the children involved range from 13 to 17 Washington (CNN) -- In a major crackdown on child prostitution, the FBI announced Monday that 150 arrests have been made in Operation Cross Country, and 105 children have been rescued nationwide. The ages of the children involved ranged from 13 to 17, CNN's Joe Johns reported. Authorities said the operation, which took investigators to race tracks and truck stops, also targeted the use of social media sites for child prostitution activity. Overall, the roundup took place in 76 cities and involved 230 law enforcement units, according to authorities. 0 Comments » SHARE THIS Print Email More sharing

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