Ahad, 13 Januari 2013

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KL shares open higher in early trade

Posted: 13 Jan 2013 06:04 PM PST

Share prices on Bursa Malaysia opened higher in early trading Monday on renewed buying interest, dealers said.

After 30 minutes of trading, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.93 points to 1,685.63 after opening 3.71 points better at 1,686.41.

HwangDBS Vickers Research, however, said the local bourse may extend its consolidation mode today in the absence of new market leads.

"On the chart, its benchmark FBM KLCI could struggle to overcome the support-turned-resistance level of 1,685," it said.

Meanwhile, Wall Street ended broadly flat on Friday as profit-taking activity set in following recent run-ups.

On the local front, pending the emergence of fresh market directions, stocks that could add interest include SP Setia, after getting an overwhelming response for its first phase of the Battersea Power Station property project in London.

Others include Malaysia Airports Holdings Bhd amid a business weekly report saying that its non-aeronautical income is set to grow when KLIA2 comes on stream and Sime Darby following the Securities Commission's approval for its US$1.5 billion multi-currency Sukuk fund-raising programme.

On the scoreboard, the Finance Index rose 11.55 points to 15,411.15, the Industrial Index improved 6.83 points to 2,804.70 and the Plantation Index added 8.97 points to 8,158.30.

The FBM Emas Index gained 21.39 points to 11,460.69, the FBMT100 increased 19.79 points to 11,304.59, the FBM Mid 70 Index rose 22.67 points to 12,448.18 but the FBM Ace Index was 6.48 points lower at 4,271.85.

Gainers led losers 159 to 99 with 173 counters unchanged, 1,211 untraded and 26 others were suspended. Volume was thin at 192 million shares worth RM56.67 million.

Among actives, Patimas Computers earned half-a-sen to 15 sen, Kassets-CB:CW gained five sen to 10 sen but ETI Tech Corp fell one sen to 5.5 sen.

Heavyweights, Maybank and Sime Darby added two sen each to RM9.02 and RM9.61, respectively, but CIMB eased two sen to RM7.64. -- Bernama

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France bombs Islamist stronghold in north Mali - Reuters

Posted: 13 Jan 2013 08:26 AM PST

French military prepares a Mirage 2000D fighter plane in N'Djamena, Chad, in this photo released by the French Army Communications Audiovisual office (ECPAD) on January 12, 2013. REUTERS/ECPAD/Adj. Nicolas Richard/Handout

BAMAKO/PARIS | Sun Jan 13, 2013 11:24am EST

(Reuters) - French fighter jets pounded an Islamist rebel stronghold in northern Mali on Sunday as Paris poured more troops into the capital Bamako, awaiting a West African force to dislodge al Qaeda-linked insurgents from the country's north.

The attack on Gao, the largest city in the desert region controlled by the Islamist alliance, marked a decisive drive northwards on the third day of French air strikes, moving deep into the vast territory seized by rebels in April.

France is determined to end Islamist domination of north Mali, which many fear could act as a base for attacks on the West and for links with al Qaeda in Yemen, Somalia and North Africa.

France's Defence Minister Jean-Yves Le Drian said French intervention on Friday had prevented rebels driving southward to seize Bamako itself. He said air raids would continue in the coming days.

"The president is totally determined that we must eradicate these terrorists who threaten the security of Mali, our own country and Europe," he told French television.

In Gao, a dusty town on the banks of the Niger river where Islamists have imposed an extreme form of Sharia law, residents said French fighters and attack helicopters pounded the airport and rebel positions. A huge cloud of black smoke rose from the militants' camp in the north of the city.

"The planes are so fast you can only hear their sound in the sky," resident Soumaila Maiga said by telephone. "We are happy, even though it is frightening. Soon we will be delivered."

A Malian rebel spokesman said the French had also bombed targets in the towns of Lere and Douentza.

France has deployed about 550 soldiers to Mali, split between Bamako and the town of Mopti, 500 km (300 miles) north, Le Drian said. State-of-the-art Rafale fighter jets were also dispatched to reinforce "Operation Serval" - named after an African wildcat.

In Bamako, a Reuters cameraman saw more than 100 French troops disembark on Sunday from a military cargo plane at the international airport, on the outskirts of the capital.

The city itself was calm, with the sun streaking through the dust enveloping the city as the seasonal Harmattan wind blew from the Sahara. Some cars drove around with French flags draped from the windows to celebrate Paris's intervention.

AFRICAN TROOPS EXPECTED

More than two decades of peaceful elections had earned Mali a reputation as a bulwark of democracy, but that image unraveled in a matter of weeks after a military coup last March that left a power vacuum for the Islamist rebellion.

French President Francois Hollande's intervention in Mali has won plaudits from leaders in Europe, Africa and the United States, but it is not without risks.

It raised the risk level for eight French hostages held by al Qaeda allies in the Sahara and for the 30,000 French expatriates living in neighboring, mostly Muslim states.

Concerned about reprisals, France has tightened security at public buildings and on public transport. It advised its 6,000 citizens in Mali to leave as spokesmen for the Islamist groups have promised to exact revenge.

In its first casualty of the campaign, Paris said a French pilot was killed on Friday when rebels shot down his helicopter.

Hours earlier, a French intelligence officer held hostage in Somalia by al Shabaab extremists linked to al Qaeda was killed in a botched commando raid to free him.

President Hollande says France's aim is simply to support a mission by West African bloc ECOWAS to retake the north, as mandated by a U.N. Security Council resolution in December.

With Paris pressing West African nations to send their troops quickly, Ivory Coast President Alassane Ouattara, who holds the rotating ECOWAS chairmanship, kick-started the operation to deploy 3,300 African soldiers.

Ouattara, installed in power with French military backing in 2011, convened a summit of the 15-nation bloc for Saturday in Ivory Coast to discuss the mission.

"The troops will start arriving in Bamako today and tomorrow," said Ali Coulibaly, Ivory Coast's African Integration Minister. "They will be convoyed to the front."

Military analysts expressed doubt, however, that African nations would be able to mount a swift operation to retake north Mali - a harsh, sparsely populated terrain the size of France - as neither the equipment nor ground troops were prepared.

The United States is considering sending a small number of unarmed surveillance drones to Mali as well as providing logistics support, a U.S. official told Reuters. Britain and Canada have also promised logistical support.

Former French colonies Senegal, Niger and Burkina Faso have all pledged to deploy 500 troops within days. In contrast, regional powerhouse Nigeria, due to lead the ECOWAS force, has suggested it would take time to train and equip the troops.

HOUSE-TO-HOUSE SEARCHES

France, however, appeared to have assumed control of the operation on the ground. Its airstrikes allowed Malian troops to drive the Islamists out of the town of Konna, which they had briefly seized this week in their southward advance.

Calm returned to the town on Sunday after three nights of combat as the Malian army mopped up any rebel fighters. A senior Malian army official said more than 100 rebels had been killed.

"Soldiers are patrolling the streets and have encircled the town," one resident, Madame Coulibaly, told Reuters by phone. "They are searching houses for arms or hidden Islamists."

Human Rights Watch said at least 11 civilians, including three children, had been killed in the fighting.

A spokesman for Doctors Without Borders in neighboring Mauritania said about 200 Malian refugees had already fled across the border to a camp at Fassala and more were on their way.

In Bamako, civilians tried to contribute to the war effort.

"We are very proud and relieved that the army was able to drive the jihadists out of Konna. We hope it will not end there, that is why I'm helping in my own way," said civil servant Ibrahima Kalossi, 32, one of over 40 people who queued to donate blood for wounded soldiers.

(Additional reporting by Adama Diarra, Tiemoko Diallo and Rainer Schwenzfeier in Bamako, Joe Bavier in Abidjan, Leila Aboud in Paris and Phil Stewart in Washington; Writing by Daniel Flynn; Editing by Alison Williams and Will Waterman)

Survivors, relatives mark anniversary of Costa Concordia shipwreck - CTV News

Posted: 13 Jan 2013 07:55 AM PST

The Associated Press
Published Sunday, Jan. 13, 2013 10:54AM EST

GIGLIO, Italy -- Survivors of the Costa Concordia shipwreck and relatives of the 32 people who died marked the first anniversary of the grounding Sunday with the unveiling of memorials to the victims, a Mass in their honour and a minute of silence to recall the exact moment that the cruise ship rammed into a reef off Tuscany.

The first event of Sunday's daylong commemoration was the return to the sea of part of the massive rock that tore a 70-meter (230-foot) gash into the hull of the ocean liner on Jan. 13, 2012. The boulder remained embedded in the mangled steel as the 112,000-ton vessel capsized along with its 4,200 passengers and crew.

As fog horns wailed, a crane on a tug lowered the boulder onto the reef off Giglio, returning it to the seabed affixed with a memorial plaque. Relatives of the dead threw flowers into the sea and embraced as they watched the ceremony from a special ferry that bobbed in the waves under a slate grey sky.

A land-based memorial was being unveiled after a Mass and ceremony honouring rescue crews. A minute of silence was scheduled for 9:45 p.m., the exact moment when the Concordia slammed into the reef after the captain took the ship off course in a stunt to bring it closer to Giglio.

The captain, Francesco Schettino, is accused of multiple manslaughter, causing a shipwreck and leaving the ship before all passengers were evacuated. He hasn't been charged but is living under court-ordered restrictions pending a decision on whether to indict him. Schettino maintains he saved lives by bringing the ship closer to shore rather than letting it sink in the open sea, and claims the reef he hit wasn't on his nautical charts.

In an interview broadcast Sunday with RAI state television, Schettino again defended his actions and said he wanted to "share in the pain of all the victims and the families of the victims."

Taking part in the anniversary commemoration was Capt. Gregorio De Falco of the Italian coast guard, who became something of a hero to survivors after his recorded conversations with Schettino during the evacuation were made public. In them, De Falco excoriated Schettino for having abandoned the ship before all passengers were off and ordered him to return, shouting the now-infamous order "Go on board (expletive)!"

De Falco said he wanted to go to Giglio to "embrace the victims, and the relatives of the victims." De Falco, who has shied from all media attention since the disaster, said he did so out of respect for the victims.

"I'm not a hero," he told reporters in Giglio on Sunday. "I just did my job."

Also on hand was Kevin Rebello, brother of Costa waiter Russel Rebello, one of the two victims whose bodies were never recovered. Kevin Rebello spent weeks on Giglio in the aftermath of the disaster awaiting word of the fate of his brother and said he couldn't sleep ahead of Sunday's anniversary.

"I have been constantly thinking it is going to be again the same agony, even tonight, because it is going to be the same exact moment when all this happened," he told Associated Press on Sunday. "So my heart is beating a bit faster I guess."

The Concordia remains on its side, grounded off Giglio's port. Officials now say it will take until possibly September to prepare the ship to be rolled upright and towed from the rocks to a port to be dismantled. The cost has also swelled to (euro)400 million ($530 million).

While Sunday's commemoration was focused on the relatives of those who died, Giglio's residents were also being remembered for having opened their doors to the survivors who came ashore that night, cold, wet and traumatized after a chaotic evacuation.

"It was something that was too big for us," said Giglio resident Silvana Anichini. "We are just not used to things like this, and then it turned out to be one of the biggest shipwrecks in the world."

Italian President Giorgio Napolitano sent a message of thanks to the island, praising its people for their "high sense of civic duty and humanity."

Many survivors have stayed in touch with their Giglio hosts, connected in ways they didn't ever expect. Claudia Urru, who stayed home in Sardinia on the anniversary, says she speaks monthly with the Giglio family that took her family and the two other families she was travelling with into their home that night, giving them warm clothes and food.

For Christmas, her Giglio family sent a package of local sweets, and they have discussed having a reunion in Sardinia.

"This is the only thing good that has come of it," Urru said by phone last week.

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Sabtu, 12 Januari 2013

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French Airstrikes Push Back Islamist Rebels in Mali - New York Times

Posted: 12 Jan 2013 09:04 AM PST

PARIS — French airstrikes overnight in Mali pushed back Islamist rebels from a key village and destroyed a rebel command center, France said Saturday, as West African nations authorized what they said would be a fast deployment of troops to Mali in support of the weak government there.

France intervened Friday, dropping bombs and firing rockets from helicopter gunships and jet fighters after the Islamist rebels who already control the north of Mali pressed southward, overrunning the village of Konna. The French, who had earlier said they would not intervene militarily but only help African troops, took action in response to an appeal by the Malian president.

France, the United States and other Western nations have been increasingly anxious about the Islamists' tightening grip on the north of the country, which they said was becoming a haven for militants, including those with links to Al Qaeda, who threaten not only their neighbors, but the West. On Saturday, Adm. Édouard Guillaud, the chief of staff of the French armed forces, said that French forces had no current plans to extend operations to northern areas controlled by the Islamists, but would expect to help African forces do the job when they arrive.

"The quicker the African mission is on the ground, the less we will need to help the Malian army," Admiral Guillaud said. He said more military planes had been sent to Africa for possible use in Mali. "We are in the build-up phase of operations," he said.

The United Nations Security Council had earlier agreed that troops from the 15-nation regional bloc known as Ecowas, the Economic Community of West African States, and European Union trainers would help the fragile government in Bamako win back the north of the country, where the Islamists have set up harsh rule under Sharia law in the nine months since the army fled the area. But both groups had been slow to deploy.

With the fall of Konna and the movement of the Islamist fighters south, the Ecowas commission president, Kadré Désiré Ouédraogo, said Saturday that the group had authorized an immediate deployment of troops "in light of the urgency of the situation," according to news reports. But he did not specify how many troops would be sent to Mali or give a date for their deployment. Also on Saturday, the foreign minister of Mali's neighbor, Niger, said that the country would send a battalion of 500 soldiers to fight alongside Ecowas troops.

In the fighting Friday, one French helicopter pilot, Lt. Damien Boiteux, died from small-arms fire, the French defense minister, Jean-Yves Le Drian, said at a news conference. Mr. Le Drian said that French forces, led by helicopter gunships, had driven the Islamists back from Konna, but it remained unclear if Malian forces had established control. Konna is about 45 miles north of the major town of Mopti, a port city on the Niger River that the Mali government feels it cannot lose.

A spokesman for the Islamist group Ansar Dine told The Associated Press that he could not confirm if some of the group's fighters were still in Konna. The spokesman, Sanda Ould Boumama, told Reuters that French intervention in Mali will have "consequences, not only for French hostages, but also for all French citizens wherever they find themselves in the Muslim world."

Fear of those consequences, at least for several French hostages held in North Africa, may have been a motivation for a failed French rescue mission early on Saturday in Somalia, where French commandos tried to free a French intelligence agent held there since 2009.

Mr. Le Drian said that France needed to act in Mali to forestall the collapse of the government there and the establishment of another area controlled by radical Islamists with ties to terrorist groups. "The threat is the establishment of a terrorist state within range of Europe and of France," he said. France is also acting because it has some 6,000 citizens in Mali, a former French colony. French troops have been moved into Bamako, the capital, to protect citizens there.

France believes hostage killed in Somalia rescue bid - Reuters

Posted: 12 Jan 2013 08:53 AM PST

PARIS/MOGADISHU | Sat Jan 12, 2013 11:52am EST

(Reuters) - France sent special forces into Somalia to rescue a secret agent but insurgents apparently killed their hostage during the raid along with a commando, Defense Minister Jean-Yves Le Drian said on Saturday.

The intelligence agency team flew into southern Somalia by helicopter under cover of darkness to try to free Denis Allex, held since 2009, by al Qaeda-linked al Shabaab, on the same day France launched air strikes against Islamist militants in Mali.

"Commandos broke into where Allex was being detained last night and immediately faced strong resistance," Le Drian told a news conference.

"Intense combat took place, during which - and now I speak with caution - everything leads us to believe that Denis Allex was unfortunately killed by his captors."

Sowing confusion, Al Shabaab said in a statement that Allex was still alive.

Paris has been concerned that various French hostages held in Africa would be at risk if it intervened militarily against the al Qaeda-allied fighters in Mali, but Le Drian said the Somalia raid was "totally unconnected" to the Mali operation.

The deaths in Somalia coincided with the killing of a pilot in air strikes in Mali, however, striking a double blow to the start of a campaign that represents President Francois Hollande's biggest foreign policy test since his May election.

A French commando died from wounds sustained in the Somali raid and a second was missing, Le Drian said.

The defense ministry said earlier that 17 Somali fighters were killed in a mission prompted by "the intransigence of the terrorists, who refused to negotiate for three and half years".

Al Shabaab said in a statement that Allex was alive and being held at a location far from the base where French military helicopters attacked overnight.

"The injured French soldier is now in the custody of the mujahideen and Allex still remains safe and far from the location of the battle," it said. "Several French soldiers were killed in the battle and many more were injured before they fled from the scene of battle, leaving behind some military paraphernalia and even one of their comrades on the ground."

When asked about whether the missing commando was now in the hands of Al Shabaab, French Army chief Admiral Edouard Guillaud said: "If he is alive then he could be, but he could also be hiding."

France has eight nationals in Islamist hands in the Sahel area after a string of kidnappings, and has cited concern over their safety as a reason for its initial reluctance to spearhead any military action against the Islamist rebels in Mali.

A spokesman for Malian insurgents Ansar Dine said France's intervention in the country will put French citizens at risk.

"There are consequences, not only for French hostages, but also for all French citizens wherever they find themselves in the Muslim world," Sanda Ould Boumama told Reuters. "

A French military analyst, Jean-Dominique Merchet, said he doubted the raid had been mounted in coordination with the Mali operation and it appeared to be a case of unfortunate timing.

"The Mali intervention was not planned, it was launched in two days, whereas the other raid had been in the works for a week or two. There is no reason for them to have been coordinated," he said.

PLEADING FOR LIFE

Allex was one of two officers from the DGSE intelligence agency kidnapped by al Shabaab in Mogadishu in July 2009. His colleague, Marc Aubriere, escaped a month later but Allex had been held ever since in what Paris called "inhumane conditions".

The ministry said he was kidnapped while carrying out an aid mission with the Somali government. France has previously said the two men were in the Somali capital to train local forces.

A video of Allex pleading with Hollande to negotiate his release and save his life appeared on a website in October used by Islamist militant groups around the world. Reuters could not verify its authenticity.

Hollande said at the time the government was seeking to start talks with any party able to facilitate Allex's release.

After his abduction, al Shabaab issued a series of demands, which included an end to French support for the Somali government and the withdrawal of African Union peacekeepers, whose 17,600-strong troops are helping battle the rebels.

Under pressure from the peacekeeping troops and Somali government forces, al Shabaab has lost many of its major urban strongholds in south-central Somalia since it launched a rebellion against the Western-backed government in 2007.

The rebels, who want to impose their strict interpretation of sharia, or Islamic law, across the Horn of Africa state, withdrew from the capital Mogadishu in August last year and lost their last major bastion of Kismayu six weeks ago.

A Somali official in Bula Mareer, about 120 km (75 miles) south of Mogadishu, said French helicopters attacked overnight.

"Helicopters attacked al Shabaab at 2.00 a.m. this morning. Two civilians died in the crossfire," Ahmed Omar Mohamed, deputy chairman for lower Shabelle region, told Reuters.

An al Shabaab official who asked not to be named said they exchanged fire with French commandos. "Three helicopters dropped French commandos. We exchanged fire," the official told Reuters.

(Additional reporting by Feisal Omar in Mogadishu and Leila Abboud and Catherine Bremer in Paris; Editing by Alison Williams and Jason Webb)

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Jumaat, 11 Januari 2013

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KL bourse seen remaining firm

Posted: 11 Jan 2013 07:27 PM PST

Share prices on Bursa Malaysia are expected to remain firm next week, driven by stronger-than-expected Chinese trade data and optimism that the global economy is on its way to recovery, dealers said.

Affin Investment Bank Vice-President and Head of Retail Research Dr Nazri Khan said with the recent encouraging US economic data, easing Eurozone sovereign debt tensions and expectation of positive fourth-quarter earnings, the regional equity indices including the FBMKLCI, was expected to hit fresh
cyclical highs in the near-term.

"The next major resistance is pegged between 1,700 and 1,720 points level while major support stood between 1,670 and 1,660 points," he said.

Meanwhile, Nazri said the one-off rally held on Saturday would only have minimal impact on the stock market.


"Besides, we have enough catalyst and momentum in the economy now both from an investment and stock market perspective with the FBMKLCI at all time high and on the verge of breaking the 1,700 points psychological barrier.

"Ultimately, we believe the dissolution of Parliament and the 13th General Election polling date is more important than the rally as the two factors would ultimately impact market sentiment and business confidence," he added.

On the local front, some of the newsflow that will excite the bourse includes AirAsia Bhd which plans to launch an Indian airline, Lingui Development Bhd's proposed privatisation by Samling Group and rumours that Malaysia Airports and YTL Corp are bidding for the 1 billion pound UK Stansted Airport.

Meanwhile, on a Friday-to-Friday basis, the FBM KLCI declined 9.88 points to 1,682.70 compared with last Friday's 1,692.58.

The Finance Index improved 58.24 points to 15,399.60 but the Industrial Index fell 16.47 points to 2,797.87 and the Plantation Index lost 105.86 points to 8,149.33.

The FBM Emas Index decreased 5.02 points to 11,439.30, the FBMT100 slipped 55.85 points to 11,284.80, the FBM 70 Index edged down 14.09 points to 12,425.51 while the FBM ACE Index rose 19.06 points to 4,278.83.

Weekly turnover surged to 5.94 billion units, valued at RM7.653 billion, from last week's 4.093 billion shares, worth RM6.02 billion.

The Main Market volume improved to 4.487 billion shares, worth RM7.462 billion, from 3.187 billion units, valued at RM5.892 billion, transacted last week.

The ACE market volume rose to 1.05 billion shares, worth RM109.776 million, compared with 659.884 million shares, worth RM126.779 million, recorded last week.

Warrants were up at 388.452 million shares, valued at RM47.092 million, versus 239.007 million units, valued at RM27 million, recorded previously. -- BERNAMA

Ringgit expected to trade higher

Posted: 11 Jan 2013 07:20 PM PST

The ringgit is expected to trade higher against the US dollar next week, on more signs of a global economic recovery.

A dealer said the local unit would likely move towards the 3.000 level next week given the positive trend on the equity market.

The ringgit hit 3.0155 per dollar, its strongest since March 12, 2012 on Friday as investors continued to add bullish positions.

The unit's underlying sentiment was boosted by positive trade data released for November and the overall interest in Asian currencies.

On a weekly basis, the ringgit closed at 3.0200/0220 against the US dollar from 3.0455/0485 last Friday.

It appreciated against the Singapore dollar to 2.4639/4657, from 2.4793/4811, previously and increased against the yen to 3.3933/3967 from 3.4514/4563, last week.

The local currency was up against the British pound at 4.8758/8805 from 4.8880/8941 previously but fell against the euro to 4.0039/0069 versus last Friday's 3.9634/9682. -- BERNAMA

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CDC: Flu vaccine 62% effective; 47 states report widespread illness - CBS News

Posted: 11 Jan 2013 08:48 AM PST

Flu activity continues to rise in the U.S., according to new surveillance statistics released by the Centers for Disease Control and Prevention on Friday.

Forty-seven states have now reported widespread influenza activity, according to the CDC's latest FluView report, three more states than officials estimated Wednesday. Two more children have died since last week's report, raising the total to 20 kids who have succumbed to the virus.

9 Photos

Flu season in U.S. strikes early

The report covers the week of Dec. 30 through Jan. 5, and the CDC releases a revision every Friday.

Twenty-four states and New York City have experienced high influenza activity, with 16 states reporting moderate activity. Last week's report showed high activity in 29 states. A complete look at how your state stacks up can be found on the CDC's website.

From Oct. 1 of 2012 through the report, an estimated 13.3 per 100,000 people were hospitalized with flu. The hardest hit group were adults ages 65 and older. Adults with underlying conditions such as diabetes, heart disease, obesity and lung disease (excluding asthma) were more likely to be hospitalized.

Underlying conditions like asthma, neurological disorders or diseases that weaken the immune system were commonly reported in hospitalized kids; however, more than 40 percent of them did not have an underlying medical condition.

Play Video

Flu outbreak swamps hospitals nationwide

Hospitals around the country have reported influxes of flu patients. In Chicago, several hospitals had to divert ambulances while one Pennsylvania hospital had to set up tents to deal with the extra patients.

Dr. Robert Glatter, an emergency medicine physician at Lenox Hill Hospital in New York City, told CBSNews.com Friday that his hospital set up additional treatment areas for flu patients.

"Many patients seem to have more severe illness this year as opposed to last year," Glatter said in an email. "In fact, a number of patients have required mechanical ventilation (respirator) due to difficulty breathing. We have also seen a number of children under the age of 5 with severe symptoms including muscle aches along with vomiting."

Play Video

Mass. hospital nearing full capacity with flu patients

The CDC does not track adult death rates -- state health departments do -- but about 24,000 die each year from influenza.

The CDC said the predominant virus causing flu nationwide is influenza A (H3N2), followed by influenza B viruses. Cases of H1N1, or "swine flu," -- the virus behind a 2009 pandemic -- have rarely been seen.

The CDC also released a new study Jan. 11 in its journal Morbidity and Mortality Weekly Report, that found this year's flu vaccine is about 62 percent effective. That's based on test results collected from 1,155 children and adults who reported to doctors with respiratory infections.

The agency still says this year's vaccine matches well to the strains that are out there, and recommends everyone over the age of 6 months gets a flu shot.

"However, these early [vaccine effectiveness] estimates underscore that some vaccinated persons will become infected with influenza," wrote the CDC researchers. "Therefore, antiviral medications should be used as recommended for treatment in patients, regardless of vaccination status."

Prescription drugs such as Tamiflu (generic name oseltamivir) and Relenza (generic name zanamivir) are usually prescribed for about five days, although people who are hospitalized may need to take the medicine longer. The drugs can reduce symptoms and shorten the time people are sick by one to two days, in addition to helping prevent more serious flu complications like pneumonia, according to the CDC.

FAA Opens Review of Boeing 787 Dreamliner - Wall Street Journal

Posted: 11 Jan 2013 09:19 AM PST

Article Excerpt

U.S. regulators on Friday opened a full review of how Boeing Co. builds its new 787 jet, while reiterating that the aircraft is safe to fly despite the recent spate of technical problems.

Airlines continued to operate the Dreamliner, and the move doesn't ground any of the planes, or require immediate inspections or repairs.

The Federal Aviation Administration said it plans to launch a "comprehensive safety review of Boeing 787 critical systems," including the "design, manufacture and assembly" of electrical and other components.

"I believe this plane is safe," U.S. Transportation Secretary Ray LaHood said at a news conference Friday ...

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Khamis, 10 Januari 2013

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KL shares remain firm at mid-morning

Posted: 10 Jan 2013 05:53 PM PST

Share prices on Bursa Malaysia remained firm at mid-morning today, with gains mostly seen in bluechips, dealers said.

As at 11.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.39 points or 0.142 per cent to 1,686.96 after opening 8.14 points better at 1,684.57.

On the local front, the Finance Index advanced 33.19 points to 15,398.91, the Plantation Index increased 3.68 points to 8,169.08 and the Industrial Index gained 6.37 points to 2,804.47.

The FBM Emas Index added 16.02 points to 11,469.04, the FBMT100 increased 13.92 points to 11,314.35, the FBM Mid 70 Index was 5.5 points better at 12,462.65 and the FBM Ace Index rose 12 points to 4,267.30.

Losers led gainers by 280 to 225, with 270 counters unchanged, 860 untraded and 23 others suspended. Volume remained thin at 469.97 million shares worth RM308.27 million.

Among actives, Patimas Computers rose 2.5 sen to 12.5 sen, Takaso
Resources-WA fell four sen to 15 sen and Takaso Resources declined five sen to 31.5 sen.

Of the heavyweights, Maybank increased two sen to RM9.04, Sime Darby improved one sen to RM9.58 and CIMB rose three sen to RM7.66. -- Bernama

US stocks rise on China trade data

Posted: 10 Jan 2013 03:29 PM PST

NEW YORK: US stocks scored solid gains Thursday after stronger-than-expected Chinese trade data boosted growth hopes for the world's second-biggest economy.

The Dow Jones Industrial Average rose 80.71 points (0.60 per cent) to 13,471.22.

The broad-based S&P 500 advanced 11.10 (0.76 per cent) to 1,472.12, while the Nasdaq Composite increased 15.95 (0.51 per cent) to 3,121.76.

China said that in December, exports and imports hit new single-month highs, rising 14.1 per cent to US$199.2 billion and six per cent to US$167.6 billion, respectively.

"Investors appeared to take the cue from the potential for a global growth recovery with Chinese exports gaining the most in seven months and ECB President Mario Draghi's expectation of a gradual rebound later in 2013 in the eurozone," Charles Schwab analysts said.

European Central bank chief Draghi, in a post-monetary policy meeting news conference, said the decision leave its key interest rate unchanged was "unanimous" and cited a number of improvements in the troubled eurozone economy.

Financial shares surged higher. On the Dow, Bank of America shot up 3.1 per cent and JPMorgan Chase gained 1.5 per cent.

One day after announcing it would cut 1,600 jobs, Morgan Stanley soared 3.7 per cent.

Ford shares jumped 2.7 per cent after the auto giant said it would double its quarterly dividend for 2013.

General Motors added 1.6 per cent after saying it would hire 1,000 workers for a new tech centre in Georgia.

Delta Airlines rose 1.5 per cent after Morgan Stanley upgraded it to "overweight".

Jeweller Tiffany and Co. sank 4.5 per cent after issuing a profit warning, saying that its holiday period sales were at the low end of expectations.

Rare-earths producer Molycorp dived 22.7 per cent after announcing that it would not proceed with the second phase of a major manufacturing project until market conditions improve.

Nokia rose 18.7 per cent after signalling that fourth-quarter earnings would be stronger than expected due to good sales of its new Lumia smartphone. -- AFP

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Not too late to get flu vaccine, FDA urges - CBS News

Posted: 10 Jan 2013 08:35 AM PST

A nationwide rise in flu activity has Americans on edge.

As of Wednesday, 44 U.S. states are declaring widespread flu activity, CBS News medical correspondent Dr. Jon LaPook reported, and the Centers for Disease Control and Prevention added that the percentage of Americans going to the hospital has doubled within the past month.

Boston, a major Northeast city with a population of at least 600,000 people, declared a public health emergency on Wednesday after confirming 700 cases -- by this time last year there were only 70 confirmed influenza infections in the city. Hospitals in Chicago are seeing so many flu patients that several had to turn away ambulances. One Pennsylanvia Hospital, Lehigh Valley Hospital, had to set up tents outside its emergency room to deal with the extremely busy flu season.

With influenza sweeping the country, the Food and Drug Administration is reminding everyone 6 months and older to get a flu shot, warning the disease could be especially dangerous for kids.

"Everyone seems to know that the elderly are particularly vulnerable, but so too are children," Dr. William Rodriguez, a pediatrician at the FDA said in a statement Wednesday. "Severe complications are most common in children under age 2."

In the last 10 flu seasons, between 43 and 153 children have died from flu in the United States, according to Rodriguez, with an average of 20,000 children under 5 hospitalized each year.

Play Video

CDC warns of flu season with high rate of attack

The CDC's most recent flu report, which measured disease activity for the week of Dec. 23 through Dec. 29, shows 18 children have already died. The agency updates the public on U.S. flu activity every Friday.

The CDC has said there's "no excuse" to skip the flu shot. However LaPook reports only about 37 percent of Americans have been vaccinated this year, which is about average.

For those heeding the advice to get a flu shot this week, the FDA notes that immunization takes several weeks to take effect. While many people have been immunized in the fall, they still should be protected through the remainder of the flu season, which typically peaks in January or February. Cases, however, can continue through the spring.

"This is particularly late in the flu season for very young children, because to optimize immune response, children between the ages of 6 and 35 months need two shots, four weeks apart, during their first season of vaccination," said Rodriguez. "However, even one shot provides some protection, so even now there is time to get some benefit."

It is true that the flu shot does not guarantee protection against the virus -- the vaccine has been about 60 to 70 percent effective in recent years, according to LaPook.

Play Video

Boston declares flu a public health emergency

Dr. William Shaffner, an infectious disease researcher at Vanderbilt University who served on the committee that decided what went into the vaccine, told the CBS Evening News Wednesday that this year's shot is well-matched to most of the strains out there.

However, "There is an influenza B strain that's out there, an additional strain that's causing about 10 percent of the mischief," he said. "And that's not in the vaccine and that accounts for some of the influenza that's out there."

One misconception about the shot, LaPook notes, is people will get the flu after getting vaccinated. The CDC told him that's not true, but the vaccine can cause a reaction that might cause flu-like symptoms such as aches, pains and a low-grade fever. The symptoms typically go away in a day or two.

Besides vaccination, maintaining proper hygiene with everyday actions such washing hands with soap and water, avoiding close contact with sick people, keeping your hands out of your eyes, nose and mouth could reduce risk.

"Lincoln," "Life of Pi" lead Oscar race - CBS News

Posted: 10 Jan 2013 08:48 AM PST

Last Updated 9:55 a.m. ET

(CBS News) BEVERLY HILLS, Calif. - "Lincoln," Steven Spielberg's drama of the 16th president's fight to eradicate slavery, leads the race for this year's Academy Awards, with 12 nominations, including Best Picture.

Close behind was fellow Best Picture nominee "Life of Pi," Ang Lee's mystical fable of a young man stranded on a ship's lifeboat with a voracious Bengal tiger, which received 11 nominations.

Joining them in the Best Picture category are: "Les Miserables," an adaptation of the stage musical of love and vengeance in France against a backdrop of revolution, which earned 8 nominations total; "Argo" (winner of seven nominations), in which a CIA operative tries to evacuate Americans trapped in Tehran during the 1979 hostage crisis by pretending to be a film crew, based on a true story; and "Zero Dark Thirty" (five nominations), an account of the hunt and ultimate killing of terror leader Osama bin Laden.

Also nominated: "Amour," Michael Haneke's intimate portrayal of an aged couple grappling with illness and the specter of loss, a top-prize winner at Cannes and the European Film Awards; "Beasts of the Southern Wild," a Sundance favorite that uses magical realism to evoke a child's world in the Louisiana bayou; "Django Unchained," Quentin Tarantino's violent tale of bounty hunters and slaveowners; and "Silver Linings Playbook," a comedy-drama of a man released from a mental institution, probably prematurely, which received eight nominations in all.

Photo gallery: And this year's Oscar nominees are ...
List of 2013 Oscar nominations

Recent changes in Oscar rules for Best Picture ballots - which use preferential voting to tally a particular film's support, with each Academy member listing a maximum of five choice - mean that the number of first-place votes a particular film garners determines how many nominees there will be, between five and a maximum of 10. This year's roster indicates that other prospective nominees "The Best Exotic Marigold Hotel," "The Dark Knight Rises," "The Master," "Moonrise Kingdom" and "Skyfall" failed to earn enough first-place ballots to qualify.

Edelstein on the ravishingly strange "Life of Pi"
N.Y. film critics pick "Zero Dark Thirty" as year's best
Edelstein: "Zero Dark Thirty" no easy moral tale

Spielberg (left) was nominated for his seventh Best Director Oscar (he has won the award twice, for "Schindler's List" and "Saving Private Ryan"). He was joined by Michael Haneke, "Amour"; Benh Zeitlin, "Beasts of the Southern Wild"; Ang Lee, "Life of Pi"; and David O. Russell, "Silver Linings Playbook."

Among Thursday's surprises were the absences of two of the leading Best Picture contenders' directors: Tom Hooper of "Les Miserables" and Kathryn Bigelow of "Zero Dark Thirty." Also missing from the Best Director lineup were Quentin Tarantino ("Django Unchained") and Wes Anderson ("Moonrise Kingdom"), although each received Best Original Screenplay nominations.

Oscars nominations' surprising director snubs: Affleck, Bigelow
"Beasts of the Southern Wild" director: Giant movie on tiny shoulders
Spielberg's "Lincoln" more than 10 years in the making

Daniel Day-Lewis (an Oscar winner for "My Left Foot" and "There Will Be Blood") received his fifth Academy Award nomination for Best Actor as the president in "Lincoln." He is joined by Bradley Cooper as a bipolar man trying to straighten out his life after a stint in a mental institution in "Silver Linings Playbook"; Hugh Jackman as ex-con Jean Valjean in "Les Miserables"; Joaquin Phoenix (previously nominated for "Gladiator" and "Walk the Line") as a WWII veteran who becomes the fiercest defender of a cult in "The Master"; and Denzel Washington (an Oscar-winner for "Glory" and "Training Day") as a pilot battling both an NTSB probe into a fatal plane crash and his own alcoholism in "Flight."

Bradley Cooper: A Philly boy through and through
Daniel Day-Lewis on playing Lincoln
Watch: Hugh Jackman's role of a lifetime
Watch: Denzel Washington takes "Flight"

Among Best Actress nominees are Jessica Chastain as a CIA analyst instrumental in the hunt for Osama bin Laden in "Zero Dark Thirty"; Jennifer Lawrence as a young widow who acts as a go-between for her bipolar friend and his estranged wife in "Silver Linings Playbook"; Emmanuelle Riva as an octogenarian stroke victim who is the center of her husband's universe in "Amour"; Quvenzhane Wallis as an imaginative and self-reliant child in "Beasts of the Southern Wild"; and Naomi Watts as a wife and mother whose family is shattered by a natural disaster in "The Impossible";

Chastain was nominated last year for Best Supporting Actress for "The Help." Lawrence was previously nominated for Best Actress for "Winter's Bone." Watts was previously nominated for "21 Grams."

Wallis, who was just 5 when she first auditioned for the role in "Beasts" and who turned 9 after the movie opened, becomes the youngest female ever nominated in an acting category. [The two previous youngest child nominees ever were Justin Henry (a Best Supporting actor node for "Kramer vs. Kramer" at age 8 years, 9 months), and Jackie Cooper (as Best Actor for "Skippy" at age 9 years).]

Riva, whose film credits include "Hiroshima, Mon Amour" and "Three Colors: Blue," becomes the oldest performer to receive a Best Actress nomination. [Previously, Best Actress winner Jessica Tandy for "Driving Miss Daisy" and nominee Edith Evans for "The Whisperers" were honored at age 80.]

Watch: Jessica Chastain on "Zero Dark Thirty"
Jennifer Lawrence: "I'm considered a fat actress"
"Beasts" star Quvenzhane Wallis: Fearless

Best Supporting Actor nominees: Alan Arkin, "Argo"; Robert De Niro, "Silver Linings Playbook"; Philip Seymour Hoffman, "The Master"; Tommy Lee Jones, "Lincoln"; and Christoph Waltz in "Django Unchained." For Best Supporting Actress the nominees are: Amy Adams in "The Master"; Sally Field for "Lincoln"; Anne Hathaway in "Les Miserables"; Helen Hunt in "The Sessions"; and Jacki Weaver in "Silver Linings Playbook."

/ CBS

Two-time Oscar-winner Sally Field (for "Norma Rae" and "Places in the Heart") joins her "Lincoln" co-star Day-Lewis as a Best Supporting Actress nominee, for playing first lady Mary Todd Lincoln. Also nominated: Amy Adams as the wife of a cult leader - with a powerful will of her own - in "The Master"; Anne Hathaway as the tragic factory worker Fantine in the musical "Les Miserables"; Helen Hunt (an Oscar-winner for "As Good As It Gets") as a sex surrogate in "The Sessions"; and Jacki Weaver as the mother of a mentally unstable son in "Silver Linings Playbook."

Adams has been nominated three times before as Best Supporting Actress, for "Junebug," "Doubt" and "The Fighter." Hathaway was previously nominated for Best Actress for "Rachel Getting Married." Weaver was nominated for Best Supporting Actress for "Animal Kingdom."

Sally Field: How her pluck won her role in "Lincoln"
Watch: Hathaway, Jackman on "Les Miserables"

Screenplays

Kara Hayward as Suzy and Jared Gilman as Sam in Wes Anderson's "Moonrise Kingdom."

/ Focus Features
Tarantino, a past winner for "Pulp Fiction," was nominated for Best Original Screenplay for "Django Unchained." Wes Anderson & Roman Coppola were also nominated for "Moonrise Kingdom," a picaresque story of puppy-love in which two kids escape for an idyllic sojourn on an island off the New England coast.

Other nominees: John Gatins for "Flight," Michael Haneke for "Amour," and Mark Boal for "Zero Dark Thirty."

Best Adapted Screenplay nominees are all Best Picture nominees: "Argo" (Chris Terrio), "Beasts of the Southern Wild" (Lucy Alibar & Benh Zeitlin), "Life of Pi" (David Magee), "Lincoln" (Tony Kushner), and "Silver Linings Playbook" (David O. Russell).

Download screenplays of Oscar contenders

Best Foreign Film

Alicia Vikander and Mads Mikkelsen star as a Danish queen and the royal court physician engaged in "A Royal Affair."

/ Magnolia Pictures
"Amour" (Austria), Michael Haneke's intimate portrayal of an aged couple grappling with illness and the specter of loss, leads the Best Foreign Language film category. Also nominated: Denmark's "A Royal Affair" (left), starring Mads Mikkelson and Alicia Vikander as the royal physician in an 18th century Danish court who beds the young queen; "War Witch" (Canada), Montreal director Kim Nguyen's harrowing tale of Congolese child soldiers; "No" (Chile), in which director Pablo Larrain tells the true-life story of the voters' referendum that effectively ended the reign of Chilean dictator Gen. Pinochet; and "Kon-Tiki" (Norway), Joachim Ronning and Espen Sandberg's epic retelling of Thor Heyerdahl's 1947 trans-Pacific voyage.

Review: "Amour," a lifetime's love tested
"Amour," "The Master" top L.A. film critics awards

Music

Last year only two songs qualified for an Oscar nomination (with the award going to a ditty about Muppets). With a rewrite of rules, five nominees were announced today, which promises no shortage of decibels in an Oscar show songfest featuring Adele ("the "Skyfall" theme), Hugh Jackman ("Suddenly," a song added to "Les Miserables"), and a talking stuffed bear ("Everybody Needs A Best Friend," from "Ted"). Also nominated: "Before My Time," from "Chasing Ice"; and "Pi's Lullaby," from "Life of Pi."

Composer John Williams broke his own record for most Oscar nominations (among living recipients) by earning his 48th, for the score of "Lincoln." He is joined among Best Original Score nominees by "Skyfall's" Thomas Newman (his 11th nomination, with no wins), Dario Marianelli ("Anna Karenina"), Alexandre Desplat ("Argo"), and Mychael Danna ("Life of Pi").

Animation

Victor and his pet Sparky in "Frankenweenie."

/ Disney
Nominees for Best Animated Feature include "Frankenweenie," Tim Burton's 3-D stop-motion animated tale of a young boy who - inspired by the legendary Dr. Frankenstein - brings his dead dog back to life. (The feature is a remake of Burton's 1984 short produced for Walt Disney, which the studio shelved.)

Also: "Brave," Pixar's tale of a Scottish princess trying to undo a witch's curse upon her clan; "ParaNorman," A 3-D stop-motion animation comedy from the creators of "Coraline," about a young boy who talks to the dead; "The Pirates! Band of Misfits," in which Pirate Captain is out to win Pirate of the Year Award in this comedy from Aardman, creators of Wallace & Gromit; and "Wreck-It Ralph," Disney's critically-praised homage to 1980s video arcade games.

Non-Fiction

Nominated for Best Documentary Feature are: "5 Broken Cameras," covering the conflict of Palestinian villagers demonstrating against construction of a barrier through disputed land; "The Gatekeepers," in which six former heads of Israel's domestic secret service agency discuss Israeli security from the Six Day War to the present day; "How to Survive a Plague," David France's documentary about the advocacy group ACT UP and its campaign to fight apathy in the face of the AIDS crisis; "The Invisible War," Kirby Dick's investigation of rape in the military; and "Searching for Sugar Man," about a poor musician in Detroit who had no idea he was a music legend in Africa.

70-year-old musician learns he's famous overseas

Below the Line

Daniel Craig as James Bond in "Skyfall."

/ Francois Duhamel/Sony Pictures
Cinematographer Roger Deakins, who has been nominated nine times previously without a win, is hoping number 10 is the charm, with his lensing of the James Bond thriller "Skyfall." He is up against the imagery of "Anna Karenina," "Django Unchained," the 3-D "Life of Pi" and "Lincoln."

Two Snow White films - "Mirror Mirror" and "Snow White and the Huntsman" - are competing in the Best Costume Design category, against the period dramas "Anna Karenina," "Les Miserables" and "Lincoln."

The production design branch is honoring both flights of fantasy ("The Hobbit," "Life of Pi") and recreations of history ("Lincoln," "Les Miserables"), with the highly theatrical "Anna Karenina" bordering both.

The category of visual effects is a competition of science fiction and fable, with nominees "The Hobbit: An Unexpected Journey," "Life of Pi," "Marvel's The Avengers," "Prometheus" and "Snow White and the Huntsman."

"The Hobbit" is also competing for Best Makeup and Hairstyling against the jowls of "Hitchcock" and the tortured suffering of "Les Miserables."

And film editor William Goldenberg is competing against himself, for co-editing "Zero Dark Thirty" and his solo work on "Argo."

Snubs

In addition to Bigelow's and Hooper's absence from the Best Director lineup, there were other notable omissions from this year's nominees' list.

Ben Affleck, a Directors Guild nominee for helming "Argo," was shut out from both directing and acting categories (although as co-producer he is up for a Best Picture win). Paul Thomas Anderson directed Phoenix, Hoffman and Adams to acting nominations, but received none himself for either directing or writing "The Master."

Other actors who didn't work their way into the final five: Richard Gere in "Arbitrage," John Hawkes in "The Sessions," Denis Lavant in the French critical favorite "Holy Motors," and Bill Murray as President Franklin D. Roosevelt in "Hyde Park on Hudson." The Best Actress category is missing Marion Cotillard ("Rust and Bone"), Helen Mirren ("Hitchcock"), and Rachel Weisz ("The Deep Blue Sea).

The supporting categories were particularly tough this year, with John Goodman (who has yet to receive an Oscar nomination) a sizable omission - his competing turns as a Hollywood makeup artist in "Argo" and a gleeful provider of drugs and alcohol in "Flight" likely canceled each other out. Also excluded were Javier Bardem as the scheming Bond villain of "Skyfall"; Leonardo DiCaprio and Samuel L. Jackson in "Django Unchained"; Garrett Hedlund in "On the Road"; Dwight Henry in "Beasts of the Southern Wild"; Matthew McConaughey as a male stripper in "Magic Mike"; Ewan McGregor in "The Impossible"; and Ezra Miller in "Perks of Being a Wallflower."

Missing among the Best Supporting Actress list: Samantha Barks and Amanda Seyfried in "Les Miserables"; Doona Bae, whose standout performance among several roles in "Cloud Atlas" was as the clone Sonmi-451; Emily Blunt in "Looper"; Judi Dench (both "Skyfall" and "The Best Exotic Marigold Hotel"); Rosemarie DeWitt in "Promised Land"; Ann Dowd in "Compliance"; Nicole Kidman as a sexually provocative woman trying to win the release of a convicted killer in "The Paperboy"; and Kelly Reilly as an addict who tries to accompany Denzel Washington on a path to sobriety in "Flight."

And among the films which - to paraphrase Sally Field, the Academy does not like, it really, really doesn't like - are "The Dark Knight Rises," "Cloud Atlas," "The Hunger Games," "The Perks of Being a Wallflower," "End of Watch," "Rise of the Guardians," "Looper," "Bernie," "The Cabin in the Woods," "Salmon Fishing in the Yemen," "Quartet," "Seven Psychopaths," "This Is 40," "To Rome With Love," "Trouble With the Curve," and "The Twilight Saga: Breaking Dawn Part 2," which received a collective zero nominations among them.

Winners at the 85th Academy Awards will be presented on Sunday, February 24, 2013, at the Dolby Theatre at Hollywood & Highland Center in Los Angeles.

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