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KL shares opened slightly easier Posted: 25 Dec 2012 06:58 PM PST Share prices on Bursa Malaysia opened slightly easier, in early trading, on mild profit taking activities in selected heavyweights and index-linked counters, dealers said. After 40 minutes of trading, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.26 points to 1,667.14 compared with Monday's close of 1,669.4. The local bourse was closed yesterday for the Christmas break. HwangDBS Vickers Research said trading would be quiet today following the absence of visible market leads. "With some investors still away on holiday, the benchmark index may back off from its immediate resistance barrier of 1,670 amid thin buying interest," it said in a note. Meanwhile, major equity indices on Wall Street lost ground, slipping between 0.2 per cent and 0.4 per cent, during the half-day trading day on Christmas Eve due to slow progress in budget negotiations. The research house said that essentially, US lawmakers were facing a year-end deadline to avert the effects of fiscal cliff. Back on the local front, the Finance Index declined 36.91 points to 15,216.05, the Industrial Index edged down 0.02 of a point to 2,743.72 and the Plantation Index slipped 9.09 points to 8,010.57. The FBM Emas Index was 9.75 points lower at 11,286.31, the FBMT100 dropped 10.67 points to 11,148.18 while the FBM Mid 70 Index rose 8.85 points to 12,128.33 and the FBM Ace Index was up 11.11 points at 4,196.93. Advancers led decliners 119 to 102, with 154 counters unchanged, 1,274 untraded and 26 others were suspended. Volume stood at 94.232 million shares worth RM47.369 million. Among actives, Asia Media Group shed 2.5 sen to 21 sen but Permaju Industries added 4.5 sen to 41.5 sen while Sino Hua-An rose two sen to 15.5 sen. Heavyweights, Maybank eased one sen to RM9.06, CIMB lost seven sen to RM7.57 while Sime Darby and Axiata were both unchanged at RM9.39 and RM6.62, respectively. Bernama

Ringgit opens lower against US dollar Posted: 25 Dec 2012 06:59 PM PST The ringgit was lower against the greenback, in early trade, on lack of commercial demand for the local unit, dealers said. At 9 am, the ringgit was traded at 3.0675/0705 against the greenback from 3.0630/0660 on Monday. The local market was closed yesterday for the Christmas holiday. However, the ringgit was mostly higher against other major currencies. It rose against the Singapore dollar to 2.5074/5117 from 2.5100/5127 and was marginally higher against the yen at 3.5999/6043 from 3.6279/6323 on Monday. The domestic note appreciated against the British pound to 4.9473/9536 from 4.9590/9651 and was up against the euro at 4.0436/0481 from 4.0484/0533, on Monday. Bernama

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Storm brings white Christmas, tornado threat to central US - Reuters Posted: 25 Dec 2012 08:42 AM PST Storm clouds are seen on the east coast of the United States in this NASA handout satellite image taken at 1415 GMT, December 25, 2012. A strong winter storm was expected to bring a white Christmas morning to millions of Americans Tuesday - but also high winds and even the risk of tornadoes for some. Credit: Reuters/NASA/NOAA/GOES Project/Handout WASHINGTON | Tue Dec 25, 2012 11:41am EST (Reuters) - A major winter storm brought a rare white Christmas to the southern U.S. plains on Tuesday, contributing to a 21-vehicle pile-up that shut down a major highway in Oklahoma. The storm system surging east from Kansas and the Texas Panhandle includes the threat of tornados and severe thunderstorms along its southern fringe, from southeast Texas to Alabama, the National Weather Service said. The storm is expected to bring blizzard conditions and 6 to 8 inches of snow as it strengthens and moves northeast into the upper Ohio River valley through southern Missouri and Illinois, it said. Freezing drizzle overnight led to 10 separate collisions on Interstate 40 at Oklahoma City just before 3 a.m., said Trooper Betsy Randolph, a spokeswoman for the Oklahoma Highway Patrol. The 21-vehicle pile-up included three tractor-trailers and shut down the westbound lanes for about five hours, she said. Twelve people were taken to hospitals, and troopers are checking on the severity of their injuries. In a rare taste of Christmas snow, Oklahoma City is forecast to get 3 to 6 inches of the white stuff on Tuesday. The city's biggest Christmas snowfall was 6.5 inches in 1914, and measurable amounts have been recorded only a handful of times on the date. Several flights were canceled at Oklahoma City's Will Rogers World Airport on Monday ahead of the storm, but conditions on Tuesday morning were good, the airport said in a statement. Ahead of the storm's path, parts of eastern West Virginia are under a winter storm warning. Ice accumulations of up to half an inch are expected in higher elevations, the National Weather Service said. (Reporting by Ian Simpson; Editing by Sandra Maler)

Pope tweets about his favorite Christmas tradition - USA TODAY Posted: 25 Dec 2012 08:56 AM PST This baby Jesus statue was placed in the Nativity scene after Pope Benedict's Christmas Eve Mass. The pope tweeted on Christmas that decorating the family creche was his favorite tradition.(Photo: Franco Origlia, Getty Images) Story Highlights Pope Benedict XVI now has 2.3 million followers on his personal account The Nativity scene of his childhood was what he recalled in his 14th tweet The Christmas holiday Masses, speeches and events are straining Benedict, 85 who looks weary Merry Twitter Christmas from Pope Benedict XVI. Over the holiday -- including Christmas Eve Mass and his solemn speech to the world on Tuesday, the pope sent off another tweet on his personal account. For the 14th posting at @pontifex, he answered a question about his favorite family Christmas tradition. Benedict, who has his brother Rev. Georg Ratzinger staying with him over the holiday, replies about a beloved Nativity scene, commonly called a crib. "The cribs that we built in our home gave me much pleasure. We added figures each year and used moss for decoration." Earlier on Christmas Eve, the Vatican unveiled an immense manger scene with 100 terra cotta figures. The crèche was donated by corporations and private donors after the exorbitant costs of prior manger scenes was exposed in the documents stolen by the pope's butler. Monday night, at the end of the two-hour Christmas Vigil Mass, he was brought on a rolling red rolling red platform to see a statue of the Christ child set in a Nativity scene on a side altar within St. Peter's Basilica. And a shy smile appeared on his weary face.. But even as the world took note of his waning physical strength, Benedict's Vatican is now moving into energetic use of social media. Although various Vatican agencies and the pope himself have been on Twitter since 2010, it was the announcement this month of the pope's personal account -- and a call for people to send him their questions about faith and tradition -- that caught fire. He now has 2.3 million followers @pontifex where his tweets are released in eight languages.

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