Jumaat, 18 Januari 2013

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


Report: Algerian militants demand US free 2 terrorists - USA TODAY

Posted: 18 Jan 2013 09:18 AM PST

The al-Qaeda-linked terrorist group that took over a natural gas facility in Algeria is offering to free American hostages in exchange for two convicted terrorists being held in U.S. jails, Mauritania's ANI news agency reported Friday.

The militants say they want the release of Egyptian Sheikh Omar Abdel-Rahman and Pakistani Aafia Siddiqui and plan to release a video outlining the offer, according to the news agency, which often reports news from North African extremists.

The 74-year-old Abdel-Rahman, also known as the "Blind Sheikh," is serving a life sentence in North Carolina as the mastermind of the1993 attack on the World Trade Center in New York City.

Siddiqui, a 40-year-old scientist, was sentenced in 2010 to 86 years in U.S. prison for assault with intent to murder for shooting at two U.S. soldiers in Afghanistan during her detention in 2008.

About 60 foreign workers taken hostage by Islamists remain missing Friday following a raid by Algerian forces that freed hundreds of Algerians, according to the Algeria military.

The state Algeria Press Service says the military freed 573 Algerians and nearly 100 of the 132 non-Algerians in Thursday's raid at the natural gas facility in the remote desert.

It remains unclear how many foreign workers died in the raid or of what nationality, and how many escaped the In Amenas facility.

LIVE COVERAGE: Freed Algerian hostages debriefed

The Algerian special forces who carried out the raid killed up to 20 hostage-takers, members of an Islamic group known as Qatiba, which translates as Signers in Blood. The forces have surrounded a portion of the facility where more terrorists and some hostages remain, provincial administration sources told APS.

STORY: 'Signers in Blood' shares same goal as al-Qaeda

The military is still trying to reach a "peaceful settlement" before "neutralizing" the terrorist group, security sources told APS.

Workers at the facility include citizens of Britain, Ireland, Japan, Netehrlands and the United States British Prime Minister David Cameron said Friday during an address to members of parliament that efforts to free the hostages without violence are continuing.

The exact fate, and number, of hostages kidnapped by Islamic militants remains unclear.

A U.S. official said late Thursday that while some Americans escaped, other Americans remained either held or unaccounted for, the Associated Press reported. The official spoke to the AP on condition of anonymity because he wasn't authorized to discuss the matter publicly.

Earlier Friday, the Reuters news agency, citing local sources, reported that a U.S. plane has landed in Algeria to pick up Americans caught up in the crisis. Reuters also reported that U.S. Defense Secretary Leon Panetta, speaking to security specialists in London on Friday, said "Terrorists should be on notice that they will find no sanctuary, no refuge, not in Algeria, not in North Africa, not anywhere."

Cameron and others complained that Algeria went ahead with its raid without alerting Western leaders they were planning an attack.

Reuters, citing an Algerian security source, is reporting that 30 hostages were killed in the assault, including several Westerners. The source also says 11 militants died, including the group's leader, Tahar Ben Cheneb, described as a "prominent commander in the region."

A British official told CNN there was a "significant" number of British victims.

Members of the hostage-takers Qatiba have been in contact with the a news agency in neighboring Mauritania called ANI and told the agency that the raid by Algerian forces killed the leader of their group, Abou El Baraa. At least 14 other terrorists were killed, ANI said.

Qatiba was created in December by Mokhtar Belmokhtar, who broke off from the terror group al-Qaeda in the Islamic Maghreb (AQIM) to form his own operation. The kidnappers come from Algeria, Canada, Mali, Egypt, Niger and Mauritania, ANI said.

AQIM is operates out of nearby Mali, where it is fighting the Mali army and French forces to take over that country and impose an Islamic state.

Stephen McFaul, an Irish engineer who escaped, reported seeing Algerian forces attack Jeeps containing hostages who were being moved inside the complex, his brother told Reuters. Four vehicles blew up, and McFaul's vehicle crashed, allowing him to flee.

McFaul said the terrorsts hung explosives around the hostages' necks.

A French hostage tells Europe 1 radio that he hid under his bed for 40 hours before he was rescued by Algerian soldiers.

Alexandre Berceraux, an employee of CIS Catering at the desert gas complex, said the initial attack by militants caught everyone by surprise.

"I heard an enormous amount of gunfire. The alarm telling us to stay where we were was going off. I didn't know if it was a drill or if it was real," he told Europe 1. "Nobody expected this. The site was protected. There were soldiers in place."

The plant is jointly operated with British company BP and the Algerian state energy firm. British oil giant BP's Group Chief Executive Bob Dudley released a statement saying that "Sadly, there have been some reports of casualties, but we are still lacking any confirmed or reliable information."

White House spokesman Jay Carney said Thursday that U.S. officials were still gathering details. U.S. Secretary of State Hillary Rodham Clinton ordered a security review for diplomats, civilians and business across North Africa.

The Algerian military's handling of the hostage situation fits their overall approach to terrorists, says Geoff Porter of North Africa Risk Consulting, a political risk consultancy that specializes in North Africa.

"They don't negotiate with terrorists, and they don't pay ransoms," Porter said.

One of the reasons oil installations have never been attacked before is any attack would be a suicide mission, Porter said. The oil facilities are so remote and in such barren terrain, that attacks are doable, "but the Algerians would deploy helicopters and kill everybody," he said.

Escape would be impossible, but a suicide mission "becomes more feasible, which is what we saw today," Porter said.

In recent months, the United States has been courting Algeria; Clinton has twice visited Algerian President Abdelaziz Bouteflika.

Algerian leaders, however, have repeatedly warned against Western intervention in the region. Algeria warned that the NATO operation in Libya, which defeated former leader Moammar Gadhafi, would destabilize the region, and that the French intervention in Mali would do the same, Porter said.

"They (Algerians) are likely to feel vindicated, and to reject any criticism for their reaction to a domestic crisis they feel were brought about by Western actions they advised against," Porter said.

Algeria's priority is "to restore stability and deter future incidents," Porter said.

A Qatiba spokesman, pictured in a black turban and an automatic weapon in front of a jihadist flag, told Mauritanian news website Sahara Media Agency that the attack on the gas facility was in retaliation for Algeria's decision to allow French aircraft to use its airspace in its intervention in Mali. Experts doubted that, saying the attack must have been planned for a while, well before the French air assault that began only six days ago.

The United States military has a quick reaction force capable of deploying quickly to Algeria, according to a military official who declined to be named because they are not authorized to speak about the issue. The Pentagon also has "capabilities" to watch over the region, though officials would not specify whether that involves manned aircraft or drones.

Wednesday's attack began with the ambush of a bus carrying employees from the plant to the nearby airport but the attackers were driven off, according to the Algerian government, which said three vehicles of heavily armed men were involved.

"After their failed attempt, the terrorist group headed to the complex's living quarters and took a number of workers with foreign nationalities hostage," said the statement.

Al-Qaeda's influence in the poorly patrolled desert wastes of southern Algeria and northern Mali and Niger has grown. The group operates smuggling and kidnapping networks throughout the area. Militant groups that seized control of northern Mali already hold seven French hostages as well as four Algerian diplomats.

Algeria's security forces have struggled for years against Islamist extremists, and have in recent years managed to nearly snuff out violence by al-Qaeda in the Islamic Maghreb (northwest Africa) around its home base in northern Algeria. In the meantime, AQIM moved its focus southward.

AQIM has made tens of millions of dollars off kidnapping in the region, abducting Algerian businessmen or political figures, and sometimes foreigners, for ransom.

Algerian leaders adopted an eradication policy against Islamist insurgents in a war that cost more than 100,000 lives. The insurgents eventually accepted amnesty and renounced violence. Remnants of the insurgency have been fighting for an Islamic state in northern Mali, Porter said.

All three AQIM factions in North Africa and the Sahara were "on a downward trend" until 2012, Porter said. The collapse of Libya, which allowed weapons from Gadhafi's vast arsenal to be seized by extremists, "helped them gain power in northern Mali and the group has transformed from 2011 and 2012," he said.

While not all the jihadi factions involved in violence across the region call themselves al-Qaeda or are officially affiliated with the group, their goals tend to be the same, Porter said.

"The goal is still spread radical Islam, attack the near enemy, attack the far enemy, create a sharia state — it's just no longer called al-Qaeda," he said.

Aaron Zelin, an analyst at the Washington Institute for Near East Policy, said that while al-Qaeda central is "probably the weakest it's ever been," the jihadist movement has adapted and has strengthened in North Africa.

"The central organization has been weakened, but the branches have gotten stronger because a lot of them are more embedded within the local milieu," he said.

In its new form, al-Qaeda and its jihadi affiliates and sympathizers are less able to launch attacks on the USA or Europe, where security is better than a decade ago, and more focused on "setting up little emirates" and threatening U.S. and Western interests in their own countries, Zelin said.

"They want to bleed the U.S. and its allies dry and exhaust them over a long period of time," he said.

Contributing: Jim Michaels; John Bacon; Michael Winter; Kim Hjelmgaard

Next on Oprah: More of the Same - New York Times

Posted: 18 Jan 2013 09:24 AM PST

So now that the Great Lance Confession has finally been broadcast, the big remaining question is not whether you will go back for a second helping of arrogance soufflé in Friday night's not-so-dramatic conclusion of Oprah Winfrey's two-night bonanza (here's betting you won't). No, the question is: What exactly did all of that accomplish? Do you know anything more Armstrong-related than you did before, even if you watched every disingenuous minute of it?

Yes, Armstrong doped, lied, doped some more, but not during his comeback years (uh, right), which means you are reasonably certain he is still lying. No revelations there. He ruined some lives he considered collateral damage to building his myth and he sort of said he was sorry about that, but he did a horrendous sales job on the remorse part. He started the night as an arrogant jerk buried in public scorn, legal woes and a bank account with its rubber stopper about to be pulled, and ended it as perhaps an even bigger jerk who made no headway on the other three.

The interview was like watching a slow-motion car crash that people told you was coming three days ago. We were rubbernecking for the details of just how the fender of Armstrong's ego would twist and fail in the collision but now realize it's an hour and a half of our lives we'll never get back.

Maybe it was worthwhile to see finally the true Armstrong on full display, as Bruce Arthur writes in The National Post, the gauzy myth all now stripped away. But even if you fully appreciated what a nasty person Armstrong is, it was possible to dislike him even more when he was finished, Christine Brennan writes in USA Today. It was, as Dan Wetzel writes on Yahoo.com, the full sociopathic spectacle, and if Armstrong thought this was part of some road to redemption, he quickly found himself on a road to nowhere, Robin Scott-Elliot writes in The Independent. That's because he was, in reflexive fashion, still trying to parse the story to his own benefit, writes Bonnie D. Ford on ESPN.com, even if that benefit could not be detected by a microscope.

Armstrong did not pull himself out of any legal hot water, Michael McCann writes on SI.com, and he did not impress the head of the World Anti-Doping Agency, John Fahey, who still calls him a total fraud. And his collateral damage victims, like the masseuse Emma O'Reilly and Betsy Andreu, were not the least bit mollified.

If there was one notable development it might have been Oprah's rising far above her marshmallow reputation with her tough questioning, as Richard Deitsch writes on SI.com, although you did want to hand her a few graham crackers and a chocolate bar when she failed to skewer him for his more significant evasions.

The funny thing is, Thursday was supposed to be a double feature of revelatory interviews on the lying-in-sports beat, but the spectacle of Notre Dame's Manti Te'o explaining his nonexistent dead girlfriend never materialized. This left the day open for everyone to speculate just what this was all about, a delay that is not helping Te'o's cause one bit, Greg Couch writes on Foxsports.com. Sports Illustrated's Pete Thamel took the time to try to explain how his initial article on the relationship helped get this whole myth rolling on its disastrous trajectory. No one, however, has tried to explain how Notre Dame can express so much emotion for poor, duped Te'o and not a drop for Lizzy Seeberg, who killed herself after accusing an Irish player of rape, Melinda Henneberger writes in The Washington Post.

The rest of the day's news was rolled under by all the spectacle, but if you looked carefully, you could discover that Arizona finally filled the last vacant N.F.L. coaching job with Bruce Arians, and Dan Bickley writes in The Arizona Republic that the Cards did awfully well despite their being last in that line. CBSSports.com's Mike Freeman bemoans the lack of any minority hires in that batch, calling it a setback for the league's hopes of inclusiveness.

You had to dig even deeper to find the news that Jonathan Vilma's defamation suit against N.F.L. Commissioner Roger Goodell had been dismissed, which means the whole Bountygate fiasco may finally have extinguished its last ember.

The Australian Open is still going strong, with the younger generation taking a few lumps in the losses of Madison Keys and Heather Watson, as Richard Evans writes on Foxsports.com, and a member of the older generation, Venus Williams, bowing out quickly against Maria Sharapova.

The N.B.A. threw a little bash in London — a decidedly unthrilling Knicks victory over the Pistons — which served to overshadow the revealing of an investigation of the players union head Billy Hunter, which revealed plenty of questionable activity but apparently nothing illegal. Still, Ken Berger writes on CBSSports.com, it's clear Hunter's tenure has to come to an end.

And so, eventually, will Oprah's interview with Armstrong. And it will serve to make us wish it had never started.

Follow Leading Off on Twitter: twitter.com/zinsernyt

Kredit: www.nst.com.my

Khamis, 17 Januari 2013

NST Online Business Times : latest

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Business Times : latest


Kenanga cuts Bina Puri target price

Posted: 17 Jan 2013 06:08 PM PST

Kenanga Research cut its target price for Malaysian builder Bina Puri Holdings Bhd to RM0.40 from RM0.48, citing potential dilution from an upcoming private placement by the company.

Kenanga said the private placement was "inevitable" due to Bina Puri's worsening cash flows, which were the result of a year-long delay on an infrastructure project.

"The delay has negatively impacted the company's cash position, because of the mismatch between the project's revenue recognition and its recurring fixed cost," said Kenanga.

The brokerage maintained an 'underperform' call for the stock, which was down 0.66 per cent at RM0.75, its lowest since April 2010, at 0923 am (0123 GMT). -- Reuters

Affin raises KL Kepong target price

Posted: 17 Jan 2013 06:09 PM PST

Affin Investment Bank raised the target price of Malaysia's third biggest oil palm planter KL Kepong Bhd (KLK) to RM19.62 per share from RM18.64 as productivity improves in the firm's Indonesian estates.

KLK is likely to post above average growth for fresh fruit bunch (FFB) output as more estates in Indonesia reach maturity and new acquisitions raise the firm's landbank close to 300,000 hectares, Affin said in a note.

Higher yields from KLK's estates are likely to lower production costs to RM1,290 per tonne this year from RM1,303 last year, the investment bank said.

Affin kept a "reduce" call on the stock as the price outlook is not so bright for crude palm oil extracted from the FBB on account of high stocks of the edible oil in Southeast Asia and sluggish demand.

KLK shares were up 0.4 per cent at RM21.94 as of 9.42 am (0142 GMT). -- Reuters
Kredit: www.nst.com.my

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


Hostages and some Americans escape from terrorist group pinned down at ... - Fox News

Posted: 17 Jan 2013 08:48 AM PST

At least 20 foreign hostages and some Americans escaped Thursday from an Al Qaeda-linked group who are now pinned down in an Algerian natural gas complex in the Sahara desert, according to Algerian and U.S. officials.

A senior U.S. official tells Fox News that at least one unarmed US drone is patrolling the Ain Amenas gas plant to provide intelligence on the situation. At least 20 gunmen attacked and took over the vast complex early Wednesday in retaliation for France's military intervention against Al Qaeda-linked rebels in neighboring Mali. Militants phoned Mauritanian media to say one of its affiliates had carried out the operation and that France should end its intervention in Mali to ensure the safety of the hostages.

Algerian Interior Minister Daho Ould Kabila said it appeared that the militants were hoping to negotiate their departure away from the area -- a notion he rejected.

"Security forces have surrounded the area and cornered the terrorists, who are in one wing of the complex's living quarters," Kabila said.

The militant group said Thursday that an strafing run executed by Algerian helicopters killed 35 hostages and 15 of their members, the Associated Press reports. But the claim could not be independently verified.

The group claiming responsibility -- called Katibat Moulathamine or the Masked Brigade -- told a Mauritanian news outlet that its leader, Al Qaeda strongman Moktar Belmoktar, was among the dead in the attack, which occurred when the kidnappers tried to leave the complex. They say seven hostages are still alive in Algeria, including Americans and citizens of the UK, Belgium and Japan.

A U.S. source tells Fox News that the attack did happen, but could not provide further details. Some of the Americans believed to have escaped have called home to their families, U.S. official sources say. An Algerian security official who spoke to the Associated Press on condition of anonymity said Americans were among the 20 hostages that escaped.

The militants, who initially claimed to have 41 hostages -- including seven Americans -- have been in a tense standoff since taking over the plant, which is located 800 miles south of the capital of Algiers. BP, which partly owns the plant, said in a statement on its website Thursday that the situation was still ongoing.

Some 30 Algerian workers fled the facility earlier Thursday, suggesting that the militants are having trouble managing the many hostages they have taken. Ireland's Foreign Ministry also said its hostage has been freed.

The France-based head of a catering company at the plant told French media before the latest escape that some 40 foreigners appeared to be held hostage in a separate area from the Algerian workers.

Regis Arnoux of the Marseille-based CIS Catering company said while electricity to the plant has been cut, it had at least three weeks of food supplies.

Algerian authorities, meanwhile, were talking with tribal Algerian Tuareg leaders in hopes of mediating the dispute.

Two people, one a Briton and the other Algerian, were killed in the militants' initial assault on the gas complex, which U.S. Defense Secretary Leon Panetta has called "a terrorist attack." The kidnapping is one of the largest ever attempted by a militant group in North Africa.

The hostage-takers are reportedly seeking a safe passage out of the isolated area, something Algerian authorities have already rejected.

Algerian Interior Minister Daho Ould Kabila also rejected theories that the militants had come from Libya, 60 miles away, or from Mali, more than 600 miles away. He said the roughly 20 well armed gunmen were from Algeria itself, operating under orders from Moktar Belmoktar, Al Qaeda's strongman in the Sahara.

Yves Bonnet, the former head of France's spy service, also dismissed the idea that the operation was specifically linked to the French action in Mali due to the amount of organization it involved.

"It was an operation conceived well in advance -- spectacular and needing a lot of preparation ... It was not at all an improvised operation," he told the Europe 1 radio. "The operation was probably already scheduled and simply getting all those people into the desert would take several days."

It is certainly the largest haul of hostages since 2003, when the radical group that later evolved into Al Qaeda in North Africa snatched 32 Western tourists. This is also the first time Americans have been involved.

BP, the Norwegian company Statoil and the Algerian state oil company Sonatrach, operate the gas field. A Japanese company, JGC Corp, provides services for the facility as well.

It was not immediately possible to confirm the identities of the hostages. Ireland said a 36-year-old Irish man was among them, and Britain and the U.S. said their citizens were taken, without giving numbers. The Norwegian company Statoil said 12 of its employees were captured -- nine Norwegians and three locals. Japanese media reported at least 3 Japanese among the hostages and the Malaysian government confirmed two of its citizens were taken.

British Foreign Secretary William Hague told BBC radio on Thursday that he has dispatched a team to Algeria to help at the British embassy there.

"Excuses being used by terrorists and murderers who are involved -- there is no excuse for such behavior, whatever excuse they may claim," he said. "It is absolutely unacceptable, of course. It is, in this case, the cold-blooded murder of people going about their business. So there is no excuse, whether it be connected to Libya, Mali or anywhere else."

In Rome on Wednesday, U.S. Defense Secretary Leon Panetta declared that the U.S. "will take all necessary and proper steps" to deal with the attack in Algeria. He would not detail what such steps might be but condemned the action as "terrorist attack."

BP said it would not identify staff members who were taken hostage for security reasons.

"BP's overriding priority is to do all we can to ensure the safety of our staff and to support their families during this anguishing time," BP CEO Bob Dudley said in a statement. "All our efforts are focused on supporting the authorities to secure a peaceful resolution of the situation and the safe return of our colleagues and all other workers being detained."

The Associated Press contributed to this report.

UPDATE 1-French surround Malian town, await African troops - Reuters

Posted: 17 Jan 2013 08:46 AM PST

Thu Jan 17, 2013 11:43am EST

By Bate Felix

Jan 17 (Reuters) - French troops surrounded the Malian town of Diabaly on Thursday, keeping Islamists rebels who had seized it three days ago bottled up while a West African military force took shape.

The French held back from launching a full-out assault on the town as the Al Qaeda linked rebels had taken refuge in the homes of civilians.

"The Islamists are still in Diabaly. They are very many of them. Every time they hear a plane overhead, they run into homes, traumatising the people," said one woman who fled the town with her three children overnight.

France began ground operations against an Islamist coalition grouping al Qaeda's North African wing, AQIM, and the homegrown Ansar Dine and MUJWA militants on Wednesday after six days of air strikes.

President Francois Hollande ordered the intervention in the former French colony on the grounds that the Islamists who had taken over the north could turn it into a "terrorist state" which would pose a threat beyond its borders. They will stay until stability returns, he said.

French forces now total some 1,400 troops, Defence Minister Jean-Yves Le Drian said on Thursday, and their numbers are expected to rise to 2,500.

The vanguard of around 900 Nigerian troops was due to arrive in Mali's capital Bamako on Thursday in the first wave of a 2,000-strong African force to fight alongside the French.

A convoy of armoured vehicles, fuel tankers and ambulances and around 200 soldiers from Mali's eastern neighbour Niger was also positioned at that border, witnesses said.

Regional bloc ECOWAS received a United Nations mandate for an African force in December but a southward advance by the Islamists this month and the subsequent French intervention made them deploy sooner that had been planned.

At least eight West African countries, including Chad, Togo and Nigeria, have promised contingents.

"We have seen in last few days a number of operational troops arriving on Malian soil," a French government official said. "We are in a process of accelerating the process which is the U.N. plan a lot earlier than orginally planned."

AFRICAN TALIBAN

Mali's recent troubles began with a coup in Bamako last March that ended a period of stable democratic rule. In the confusion that followed, Islamist forces seized large swathes of the north and imposed a strict rule reminiscent of Afghanistan under the Taliban.

Military experts say France and its African allies must now capitalise on a week of hard-hitting air strikes by seizing the initiative on the ground to prevent the insurgents from withdrawing into the desert and reorganising.

Diabaly is a rural town with a population of about 35,000 people, situated about 360 km (220 miles) from Bamako and near the border with Mauritania, where AQIM has bases.

A spokesman for MUJWA confirmed that their positions in Diabalay had been fired upon but said French forces had not penetrated the town itself.

Diabaly's mayor, Salif Ouedrago, who fled on Wednesday, told Malian state radio: "There were deaths on the side of the jihadists. They buried their dead yesterday."

Meanwhile, the Malian army rushed reinforcements to a town closer to the capital Bamako on Thursday after Islamist fighters were spotted near the border with Mauritania.

"Banamba is in a state of alert. Reinforcements have been sent. Nigerian troops expected to arrive in Bamako today could be deployed there to secure the zone," a senior Malian military source told Reuters.

An inhabitant of Banamba, 140 km (90 miles) from the capital, reported the arrival of soldiers after insurgents were seen in the Boron border area.

With African states facing huge logistical and transport challenges to deploy their troops, Germany promised two Transall military transport planes to help fly in the soldiers.

Britain has supplied two C-17 military transport planes to ferry in French armoured vehicles and medical supplies. The United States is considering logistical and surveillance support but has ruled out sending in U.S. troops.

Kredit: www.nst.com.my

Rabu, 16 Januari 2013

NST Online Business Times : latest

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Business Times : latest


Kenanga initiates Hai-O with 'outperform'

Posted: 16 Jan 2013 07:04 PM PST

Kenanga Research initiated coverage of multi-level marketing firm Hai-O Enterprise Berhad with an "outperform" call, citing the company's strong business prospects.

"We like Hai-O for its strong multi-level marketing business growth that will see it making a substantial growth in earnings," Kenanga said in a research note on Thursday.

Hai-O has a decent dividend yield and has been constantly liquid with a net cash position while its capital expenditure and advertising costs are low, it added.

Kenanga set a target price of RM2.90 per share for the stock. At 1013 (0213 GMT) Hai-O was down RM0.01 at RM2.48 while the benchmark composite index was down 0.02 points at 1682.62. -- Reuters

KL shares open higher

Posted: 16 Jan 2013 06:45 PM PST

Share prices on Bursa Malaysia recovered to open higher, from yesterday's losses, in tandem with gains in regional bourses, dealers said.

At 9.20 am, The FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.25 points better at 1,685.20 after opening 3.26 points higher at 1,686.21.

Elsewhere, US stocks were flat with sentiment remaining cautious in view of the soft global economic outlook while in Japan, shares recovered from yesterday's declines.

On the local front, the Finance Index gained 34.36 points to 15,433.4 and the Industrial Index perked 2.28 points to 2,811.24.

The Plantation Index rose 10.62 points to 8,101.57, FBM Emas Index increased 17.25 points to 11,462.51, FBMT100 added 16.74 points to 11,304.91, the FBM Mid 70 Index gained 26.01 points to 12,461.74 but the FBM Ace Index declined 7.94 points to 4,284.02.

Gainers led losers 139 to 80, while 167 counters were unchanged, 1,270 untraded and 23 others were suspended. Volume stood at 193.4 million shares worth RM79.2 million.

Actives, Patimas Computers was unchanged at 18 sen, Scomi Group gained one sen to 37 sen, Karambunai Corp was unchanged at 12.5 sen and D.B.E Gurney Resources rose half-a-sen to nine sen.

Maybank rose four sen to RM9.08, Sime Darby slipped two sen to RM9.57, CIMB Group declined one sen to RM7.65 and Axiata Group increased two sen to RM6.68. -- Bernama

Kredit: www.nst.com.my

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


Obama calls for sweeping new gun laws - CBS News

Posted: 16 Jan 2013 09:33 AM PST

Updated: 12:24 p.m. ET

Setting the stage for what could be the most sweeping political battle over gun control in decades, President Obama today laid out a comprehensive package for reducing gun violence in America, a multi-part plan he says will not only "help prevent mass shootings" but also "reduce the broader epidemic of gun violence in this country."

Speaking to an audience that included family members of those killed a month ago in the shootings at Sandy Hook Elementary School, as well as children who wrote to Mr. Obama in the wake of recent episodes of mass violence, the president acknowledged the difficulties of pursuing stricter legislation on gun laws, but argued that he would use "whatever weight this office holds" to achieve his goals.

"Because while there is no law or set of laws that can prevent every senseless act of violence completely, no piece of legislation that will prevent every tragedy, every act of evil, if there's even one thing we can do to reduce this violence, if there's even one life that can be saved, then we've got an obligation to try," he said. "This is our first task as a society: Keeping our children safe. This is how we will be judged. And their voices should compel us to change."

The president, who was accompanied by Vice President Biden onstage, outlined a series of steps both political and administrative he says would limit access to guns and certain types of ammunition, make mental health care more attainable, and increase federal funds for both research and law enforcement. Invoking the words of children who wrote to him in the aftermath of the Sandy Hook murders, he urged Americans to demand change from Congress -- and "get them on the record" about their positions on his various proposals.

"This will not happen unless the American people demand it," he said.

Among the initiatives outlined in Mr. Obama's plan include universal background checks for gun sales, the reinstatement and strengthening of the assault weapons ban, capping ammunition magazines to a 10-round limit, banning armor-piercing ammunition, providing schools with resource officers and school counselors, putting more police officers on the streets, creating serious punishments for gun trafficking, and ensuring that health insurance plans cover mental health benefits.

The president also outlined a series of 23 executive actions he can take without congressional approval, including measures aimed at making federal background check data widely available, accessible, and maximally effective; staying ahead of the curve on the newest gun safety measures; tracing seized guns and ensuring they don't go back into the hands of dangerous gun owners; making sure schools and other institutions are equipped and prepared for the possibility of shooter situations; aggressively prosecuting gun crime; and improving mental health resources and discourse.

Any effort on behalf of the White House to push new gun laws through Congress is sure to face immense opposition from the gun lobby, which has for years wielded its formidable financial and organizing power to prevent the passage of federal laws that would tighten restrictions on gun ownership. And groups like the National Rifle Association are clearly gearing up to fight the president's recommendations: Early this morning, before Mr. Obama had even unveiled his proposals, the group released an ad calling the president an "elitist hypocrite" because his daughters have Secret Service protection.

The majority of House Republicans, who will set the legislative agenda, have also shown little appetite for most of the new gun laws on the table.

"The assault weapons ban, the magazine limitations, does not solve the problem of gun crime," said Rep. Dave Reichert, R-Wash., a former sheriff, in an interview today with CBS News. "I think you really have to address the mental health issues and that's the first and foremost issue. And then secondly, the laws that we have in this land already need to be enforced."

Despite the obvious hurdles, some gun control advocates believe that a recent groundswell of support for stricter gun laws could exert enough pressure on moderate Republicans to force a vote in the House.

The White House has also pointed to the push for universal background checks as its central priority in this fight. Part of the reason for that, according to the administration, is what Biden called a "surprising" and near-universal emphasis on the subject in his meetings with stakeholders over the past few weeks. But many also believe the background checks could be a more palatable option for some on the right.

Reichert, though he dismissed the effectiveness of the assault weapons ban and caps on high-capacity magazines, called the idea of universal background checks "a part of the total package that should be examined that could make a difference."

"Local laws, gun crime laws, state laws and federal laws, we need to have more emphasis on enforcing those laws, holding people accountable who have committed crimes or about to commit crimes," he told CBS. "We need to gather that information and hold those people accountable that commit gun crimes."

French Troops Move North as Mali Rebels Dig In - New York Times

Posted: 16 Jan 2013 09:31 AM PST

BAMAKO, Mali — French ground troops battled armed Islamist occupiers of a desert village in central Mali on Wednesday, a Malian army colonel said, in the first direct combat between them since France launched its military operation here last week to help wrest this nation back from an Islamic jihadist expansion.

The Malian colonel, who also said his army's ground troops had joined the French forces, reported that they had ringed the village of Diabaly, which Islamist fighters had seized the day before, and were engaged in fighting to extricate them. "It's a very specialized kind of war," said the colonel, who spoke on condition of anonymity. "The town is surrounded."

The ground fighting expanded the confrontation between the Islamists and the French forces, which had been largely limited to aerial assaults since President François Hollande of France ordered an intervention in Mali last Friday to thwart a push to the south by Islamist rebels controlling the north of the country.

The Diabaly battle followed a northward push by a French phalanx of armored vehicles from the capital of Bamako to confront the Islamist expansion. It came as news reports from the region said Islamist militants from northern Mali affiliated with Al Qaeda in the Islamic Maghreb had seized a foreign-run gas field near the Algeria-Libya border, hundreds of miles away, and had seized dozens of foreign hostages in retaliation for the French intervention in Mali and for Algeria's cooperation in that effort.

The developments came soon after Defense Minister Jean-Yves Le Drian of France forecast a protracted campaign to turn back a southward thrust by the rebels from their redoubts in the northern Malian desert.

"We're in a better position than last week, but the combat continues and it will be long, I imagine," he said Wednesday on RTL radio. "Today the ground forces are in the process of deploying," he said. "Now the French forces are reaching the north."

Adm. Edouard Guillaud, the French chief of staff, told Europe 1 television that ground operations began overnight.

He accused jihadists of using civilians as human shields and said, "We refuse to put the population at risk. If there is doubt, we will not fire."

In Paris, Mr. Hollande said Wednesday that he took the decision to intervene last Friday because it was necessary. If he had not done so, it would have been too late. "Mali would have been entirely conquered and the terrorists would today be in a position of strength."

On Tuesday, witnesses in Mali reported, the insurgents had regrouped after French airstrikes and embedded themselves among the population of Diabaly, hiding in the mud and brick houses in the battle zone and thwarting attacks by French warplanes to dislodge them.

"They are in the town, almost everywhere in the town," said Bekaye Diarra, who owns a pharmacy in Diabaly, which remained under the control of insurgents. "They are installing themselves."

Benco Ba, a parliamentary deputy there, said residents were fearful of the conflict that had descended on them. "The jihadists are going right into people's families," he said. "They have completely occupied the town. They are dispersed. It's fear, " he said, as it became

clear that airstrikes alone will probably not be enough to root out these battle-hardened insurgents, who know well the harsh grassland and desert terrain of Mali.

Containing the rebels' southern advance toward Bamako is proving more challenging than anticipated, French military officials have acknowledged. And with the Malian Army in disarray and no outside African force yet assembled, displacing the rebels from the country altogether appears to be an elusive, long-term challenge.

The jihadists were "dug in" at Diabaly, Defense Minister Le Drian said Tuesday at a news conference. From that strategic town, they "threaten the south," he said, adding: "We face a well-armed and determined adversary."

Mr. Le Drian also acknowledged that the Malian Army had not managed to retake the town of Konna, whose seizure by the rebels a week ago provoked the French intervention. "We will continue the strikes to diminish their potential," the minister said.

Adam Nossiter reported from Bamako, Mali, Alan Cowell from Paris and Eric Schmitt from Washington. Reporting was contributed by Steven Erlanger and Scott Sayare from Paris, Julia Werdigier from London, and Elisabeth Bumiller from Madrid.

Kredit: www.nst.com.my

Selasa, 15 Januari 2013

NST Online Business Times : latest

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Business Times : latest


KL shares lower in early trading

Posted: 15 Jan 2013 06:22 PM PST

Share prices on Bursa Malaysia were traded lower in the early session Wednesday, dragged down by profit-taking in heavyweights, dealers said.

As at 9.22 am, The FTSE Bursa Malaysia KLCI (FBM KLCI) lost 6.21 points to 1,679.68 after opening 0.63 of a point higher at 1,686.52.

Elsewhere in regional markets, the US stocks were higher on upbeat retail data but in Japan shares fell on profit-takiing.

The Finance Index lost 40.62 points to 15,398.08 and the Industrial Index eased 15.17 points to 2,789.87.

The Plantation Index, however, dipped 20.46 points to 8,115.02.

The FBM Emas Index slipped 32.29 points to 11,426.19, FBMT100 declined 30.8 points to 11,273.65 and the FBM Mid 70 Index, however, rose 15.75 points to 12,455. The FBM Ace Index tumbled 3.76 points to 4,259.61.

Losers upstaged gainers by 110 and 106, while 186 counters were unchanged, 1,247 untraded and 23 others suspended.

Volume was at 213.8 million shares worth RM68.3 million.

Actives, Patimas Computers eased one sen to 17 sen, Krisassets Holdings added 16.5 sen to 22.5 sen, Alam Maritim Resources rose 3.5 sen to 89 sen and Asian Pac Holdings earned half a sen to 11 sen.

Maybank fell three sen to RM9.01, Sime Darby shed 13 sen to RM9.46, CIMB Group eased seven sen to RM7.60 and Axiata Group lost three sen to RM6.65.--Bernama

Dow, S&P 500 inch up

Posted: 15 Jan 2013 03:09 PM PST

NEW YORK: The Dow and S&P 500 edged higher on Tuesday after stronger-than-expected retail data, though tech heavyweight Apple dragged on the market for a third day.

Apple was the biggest weight on both the S&P 500 and Nasdaq 100 after reports on Monday of cuts to orders for iPhone parts. Shares declined 3.2 percent to US$485.92 and closed below US$500 for the first time since February.

Retail stocks advanced after a government report showing retail sales rose more than expected in December was seen as a favorable sign for fourth-quarter growth. A separate report showed manufacturing activity in New York state contracted for the sixth month in a row in January.

"A little better-than-expected news on retail sales once again reinforces that the consumer remains alive and reasonably well," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia, which manages about US$54 billion in assets.

Among retailers, American Eagle Outfitters Inc gained 4.8 percent to US$20.58 and Gap Inc rose 3.4 percent to US$32.46. The Morgan Stanley retail index advanced 1.5 percent.

The Dow Jones industrial average was up 27.57 points, or 0.20 percent, at 13,534.89. The Standard & Poor's 500 Index was up 1.66 points, or 0.11 percent, at 1,472.34. The Nasdaq Composite Index was down 6.72 points, or 0.22 percent, at 3,110.78.

Apple's stock has lost about 7 percent in the last three sessions and is down 8.7 percent since the start of the year.

"It's tough to discern exactly what's putting the pressure on it. But at the end of the day, its influence, considering it's still 3 1/2 to 4 percent of the S&P 500 index, is being felt," Luschini said.

"I attribute (it) to just some of the bloom coming off of the rose. They haven't necessarily done anything wrong, as much as others have caught up." -- Reuters

Kredit: www.nst.com.my

NST Online Top Stories - Google News

0 ulasan
Klik GAMBAR Dibawah Untuk Lebih Info
Sumber Asal Berita :-

NST Online Top Stories - Google News


France to stay in Mali until stability restored - Reuters

Posted: 15 Jan 2013 09:14 AM PST

French soldiers walk past a hangar they are staying at the Malian army air base in Bamako January 14, 2013. REUTERS/Joe Penney (MALI - Tags: CONFLICT MILITARY POLITICS)

BAMAKO/DUBAI | Tue Jan 15, 2013 12:13pm EST

(Reuters) - France will end its intervention in Mali only once stability has returned to the West African country, French President Francois Hollande said on Tuesday, raising the prospects of a costly, drawn-out operation against al Qaeda-linked rebels.

Paris has poured hundreds of soldiers into Mali and carried out air raids since Friday in the northern half of the country, which Western and regional states fear could become a base for attacks by Islamist militants in Africa and Europe.

Thousands of African troops are due to take over the offensive but regional armies are scrambling to accelerate the operation - initially not expected for months and brought forward by France's bombing campaign aimed at stopping a rebel advance on a strategic town last week.

"We have one goal. To ensure that when we leave, when we end our intervention, Mali is safe, has legitimate authorities, an electoral process and there are no more terrorists threatening its territory," Hollande told a news conference during a visit to the United Arab Emirates.

Foreign Minister Laurent Fabius, accompanying Hollande, said the offensive against the Malian rebels could take some time, and the current French level of involvement could last weeks. Elections, however, would take months to organize.

French aircraft earlier hit rebels with fresh air strikes and a column of dozens of French armored vehicles rumbled into the dusty riverside capital of Bamako overnight, bringing to about 750 the number of French troops in Mali.

Paris has said it plans to deploy 2,500 soldiers in its former colony to bolster the Malian army and work with the intervention force provided by West African states.

West African defense chiefs met in Bamako on Tuesday to approve plans for speeding up the deployment of 3,300 regional troops, foreseen in a United Nations-backed intervention plan to be led by Africans.

Nigeria pledged to deploy soldiers within 24 hours and Belgium said it was sending transport planes and helicopters to help, but West Africa's armies need time to become operational.

Mali's north, a vast and inhospitable area of desert and rugged mountains the size of Texas, was seized last year by an Islamist alliance combining al Qaeda's north African wing AQIM with splinter group MUJWA and the home-grown Ansar Dine rebels.

Any delay in following up on the French air bombardments of Islamist bases and fuel depots with a ground offensive could allow the insurgents to slip away into the desert and mountains, regroup and counter-attack.

The rebels, who French officials say are mobile and well-armed, have shown they can hit back, dislodging government forces from Diabaly, 350 km (220 miles) from Bamako on Monday.

Residents said the town was still under Islamist control on Tuesday despite a number of air strikes that shook houses.

An eye witness near Segou, to the south, told Reuters he had seen 20 French Special Forces soldiers driving toward Diabaly.

Malians have largely welcomed the French intervention, having seen their army suffer a series of defeats by the rebels.

"With the arrival of the French, we have started to see the situation on the front evolve in our favor," said Aba Sanare, a resident of Bamako.

QUESTIONS OVER READINESS

Aboudou Toure Cheaka, a senior regional official in Bamako, said the West African troops would be on the ground in a week.

The original timetable for the 3,300-strong U.N.-sanctioned African force - to be backed by western logistics, money and intelligence services - did not initially foresee full deployment before September due to logistical constraints.

Senegal, Burkina Faso, Niger, Nigeria and Guinea have all offered troops. Col. Mohammed Yerima, spokesman for Nigeria's defense ministry, said the first 190 soldiers would be dispatched within 24 hours.

But Nigeria, which is due to lead the mission, has already cautioned that even if some troops arrive in Mali soon, their training and equipping will take more time.

Sub-Saharan Africa's top oil producer, which already has peacekeepers in Sudan's Darfur and is fighting a bloody and difficult insurgency at home against Islamist sect Boko Haram, could struggle to deliver on its troop commitment of 900 men.

One senior government adviser in Nigeria said the Mali deployment was stretching the country's military.

"The whole thing's a mess. We don't have any troops with experience of those extreme conditions, even of how to keep all that sand from ruining your equipment. And we're facing battle-hardened guys who live in those dunes," the adviser said, asking not to be named because of the sensitivity of the subject.

FRENCH LINING UP SUPPORT

France, which has repeatedly said it has abandoned its role as the policeman of its former African colonies, said on Monday that the U.S., Canada, Denmark and Germany had also offered logistical support.

Fabius has said Gulf Arab states would help the Mali campaign while Belgium said on Tuesday it would send two C130 transport planes and two medical helicopters to Mali following a request from Paris.

A meeting of donors for the operation was expected to be held in Addis Ababa at the end of January.

Security experts have warned that the multinational intervention in Mali, couched in terms of a campaign by governments against "terrorism", could provoke a jihadist backlash against France and the West, and African allies.

U.S. officials have warned of links between AQIM, Boko Haram in Nigeria and al Shabaab Islamic militants fighting in Somalia.

Al Shabaab, which foiled a French effort at the weekend to rescue a French secret agent it was holding hostage, urged Muslims around the world to rise up against what it called "Christian" attacks against Islam.

"Our brothers in Mali, show patience and tolerance and you will win. War planes never liberate a land," Sheikh Ali Mohamud Rage, al Shabaab's spokesman, said on a rebel-run website.

U.S. officials said Washington was sharing information with French forces in Mali and considering providing logistics, surveillance and airlift capability.

"We have made a commitment that al Qaeda is not going to find any place to hide," U.S. Defense Secretary Leon Panetta told reporters as he began a visit to Europe. Panetta later said the U.S. had no plans to send troops to Mali.

"I don't know what the French endgame is for this. What is their goal? It reminds me of our initial move into Afghanistan," a U.S. military source told Reuters.

"Air strikes are fine. But pretty soon you run out of easy targets. Then what do you do? What do you do when they head up into the mountains?"

(Additional reporting by Elizabeth Pineau and Raissa Kasolowsky in Abu Dhabi; Felix Onuah in Abuja and Tim Cocks in Lagos; Abdi Sheikh in Mogadishu; Michelle Nichols Louis Charbonneau at the United Nations; Richard Valdmanis in Dakar; Joe Bavier in Abidjan; Jan Vermeylen in Brussels; Writing by Pascal Fletcher and David Lewis; editing by Richard Valdmanis and Giles Elgood)

Pakistan Supreme Court Orders Arrest of Prime Minister - New York Times

Posted: 15 Jan 2013 08:20 AM PST

ISLAMABAD, Pakistan — Pakistan's Supreme Court ordered the arrest of Prime Minister Raja Pervez Ashraf in a corruption case on Tuesday afternoon, in a drastic intensification of hostilities between the country's embattled government and its opponents.

The court order came as an enigmatic preacher turned politician, Muhammad Tahir-ul Qadri, addressed thousands of supporters outside parliament and repeated calls for the government's ouster. In earlier speeches, he said that a caretaker administration led by technocrats should take its place.

"Victory, victory, victory. By the grace of God," Mr. Qadri said at the conclusion of a speech to his supporters, who have vowed not to leave a public square outside Parliament until their demands are satisfied.

The confluence of the two events stoked growing speculation that Pakistan's powerful military was quietly supporting moves that would delay general elections that are due to take place this spring, most likely through the imposition of a military-backed caretaker administration.

It was not certain that the events were linked. Some analysts said that in ordering the prime minister's arrest, the court, which is led by the independent-minded chief justice, Iftikhar Muhammad Chaudhry, was simply taking advantage of anti-government sentiment generated by Mr. Qadri in order to pursue its longstanding grudge against President Asif Ali Zardari.

Whatever the motivations, the court's actions added to the chaos in Pakistan, a country whose nuclear arsenal and strategic interests in next-door Afghanistan has made it a nexus of intrigue in Asia.

In its order issued Tuesday, the Supreme Court ordered the National Accountability Bureau, a government body that investigates graft, to arrest Mr. Ashraf and 15 other senior current or former officials, including a former finance minister and a former finance secretary.

The case relates to allegations that Mr. Ashraf took millions of dollars in kickbacks as part of a deal to build two electricity power plants while serving as minister for water and power between March 2008 and February 2011. A court prosecution in the case been ongoing for over one year, so it was the timing of the arrest order that raised eyebrows.

It started in December 2011 when two senior opposition figures filed a petition against Mr. Ashraf in the Supreme Court; four months later the court ruled that the plants were illegal, ordered their closure, and instituted proceedings against Mr. Ashraf.

The case has particular political resonance because Pakistan's energy crisis, which has seen severe electricity rationing across the country, is the source of some of the main complaints against the government.

The information minister, Qamar Zaman Kaira, said the government had not received any official notification of the order to arrest Mr. Ashraf. Fawad Chaudhry, a senior adviser to the prime minister, said that any such order would be "illegal and unconstitutional."

"Under the law, the court cannot arrest him," he said.

President Zardari has called a meeting of senior advisers at his Karachi residence to discuss the crisis late Tuesday, Mr. Chaudhry added.

Mr. Ashraf's ouster would not necessarily collapse the government, as he could be replaced with another candidate, and the court order could be simply the latest salvo in a long-running conflict between Mr. Zardari and the court.

Last June, Justice Chaudhary forced the resignation of Mr. Ashraf's predecessor as prime minister, Yousaf Raza Gilani, in another corruption case. Whether there was a link between the court and Mr. Qadri's march on Islamabad — billed by the preacher as a "million man march" but in reality far smaller — was the subject of rampant public speculation.

Mr. Qadri stormed onto the political scene in Pakistan after returning home from a seven-year stint in Canada, where he also holds citizenship, armed with considerable funding that he has used for an intensive television advertising campaign and large rallies.

In his speech Tuesday, which was peppered with emotional Islamic references and delivered with some gusto, he demanded the immediate resignation of the government, and painted the political class as "criminals" who deserved to be prosecuted for corruption.

Salman Masood contributed reporting from Islamabad, and Waqar Gillani from Lahore, Pakistan.

Kredit: www.nst.com.my
 

NST Online

Copyright 2010 All Rights Reserved