Ahad, 23 September 2012

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Public Invt starts Maxis with 'neutral'

Posted: 23 Sep 2012 07:31 PM PDT

Public Investment Bank initiated coverage of Maxis Bhd, the country's largest mobile phone operator, with a "neutral" rating and a target price of RM7.26 per share, citing dismal growth prospects due to narrowing profit margins.

"Though we acknowledge progressive growth from the non-voice segment, we think Maxis' strategy of offering more competitive voice packages for the sake of reclaiming its subscriber losses will eventually depress its margins," Public Investment said in a note.

However, the research house said Maxis' downside risks will be cushioned by its dividend yield of 40 sen per share.

Maxis shares slipped 1.02 percent against the Malaysian benchmark stock index's 0.86 percent fall. -- Reuters

KL shares sharply lower in early trade

Posted: 23 Sep 2012 07:29 PM PDT

Share prices on Bursa Malaysia open sharply lower in early trading Monday in tandem with declines in share prices in regional markets, weighed down by lingering concerns over the eurozone debt crisis, dealers said.

As at 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) lost 26.49 points to 1,597.21 after opening 9.35 points lower at 1,614.35.

The Finance Index plunged 174.05 points to 14,428.57, the Plantation Index dipped 48.681 points to 8,230.60 and the Industrial Index dwindled 26.42 points to 2,776.42.

The FBM Emas Index fell 134.22 points to 10,914.45, the FBM Mid 70 Index declined 19.729 points to 11,962.40, while the FBM Ace shed 4.17 points to 4,234.31.

Losers led gainers by 127 to 49 while 107 counters were unchanged, 1,356 untraded and 24 others suspended.

Turnover stood at 49.96 million shares worth RM40.52 million.

Among the actives, Hubline, Hubline Bhd-ordinary rights and I-Power were unchanged at six sen, half a sen and 8.5 sen.

Ho Wah Genting slid 1.5 sen to 34.5 sen.

Among the heavyweights, Maybank slipped five sen to RM9.10, Sime Darby lost 16 sen to RM9.63, CIMB Group shed 19 sen to RM7.34 and Petronas Chemicals slid 15 sen to RM6.39. -- BERNAMA

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Sabtu, 22 September 2012

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Debates: Obama camp downplays expectations, Romney looks for game changer - Fox News

Posted: 22 Sep 2012 08:46 AM PDT

  • obama romney new bt.jpg

    Republican presidential nominee Mitt Romney and President Barack Obama.AP

It isn't often that top officials in President Obama's campaign praise rival Mitt Romney. But when it comes to the presidential debates, there is no stopping the plaudits.

"Gov. Romney is a very skilled debater," said Obama campaign manager Jim Messina. His boss, by contrast, is long and windy, "so clearly the governor has the advantage."

The presidential debates begin in less than two weeks, an important moment in any campaign. The Romney camp has for months argued this is the moment for their candidate to shine. With Mr. Romney lagging behind in national and most state polls, he more than ever needs to make a mark.

As a result both campaigns are working hard to shape expectations.

The Obama campaign wants to set a low bar for the president's performance, reflecting in part the reality that Obama's debating skills are weaker than his other political assets. More importantly, the campaign is looking to the three presidential debates, the first of which will be in Denver on Oct. 3, not for a breakthrough, but as a fresh chance to deliver the president's core message.

Romney and his advisers, by contrast, are talking up the opportunity for the debate to shake up the race. His top advisers have made clear he is spending a lot of time preparing.  Romney began in the middle of the summer and spend almost all of the Democratic National Convention at the secluded Vermont estate of Kerry Healey, his former lieutenant governor in Massachusetts, where he ran practice sessions. Sen. Rob Portman, R-Ohio, played Obama in the simulations.

This summer, Romney advisers anticipated three key moments in the race. The first two – choosing a running mate and the national convention – have come and gone with Romney taking the lead. They are now pointing to the debates.

The extensive early preparation is unusual for a presidential candidate, as is the fact that his advisers publicized his preparations so widely.

The Romney campaign is battling history as well as Obama. Polling organization Gallup reviewed a half-century of data from before and after televised debates and found "few" instances in which the debates may have had a substantial impact on the election outcomes.

Click for more from The Wall Street Journal.

UPDATE 4-Libyan Islamist militia swept out of Benghazi bases - Reuters

Posted: 22 Sep 2012 08:52 AM PDT

Sat Sep 22, 2012 8:44pm IST

* Headquarters of Islamist Ansar al-Sharia group targeted

* Group was linked to last week's attack on U.S. consulate

* Crowd also attacked pro-govt militia and arsenal in error

* Eleven killed, more than 60 wounded

* Libyans had marched in Benghazi to support democracy

By Peter Graff and Suleiman Al-Khalidi

BENGHAZI, Libya, Sept 22 (Reuters) - An Islamist militia was driven out of the city of Benghazi early on Saturday in a surge of anger against the armed groups that control large parts of Libya more than a year after the overthrow of Muammar Gaddafi.

A spokesman for Ansar al-Sharia, which some U.S. and Libya officials blame for the attack on the U.S. consulate in Benghazi last week in which the U.S. ambassador and three other Americans were killed, said it had evacuated its bases "to preserve security in the city".

In a dramatic sign of Libya's fragility, after sweeping through Ansar's bases the crowd went on to attack a pro-government militia, believing them to be Islamists, triggering an armed response in which at least 11 people were killed and more than 60 wounded.

The invasion of Ansar al-Sharia's compounds, which met little resistance, appeared to be part of a sweep of militia bases by police, troops and activists following a large demonstration against militia units in Benghazi on Friday.

Demonstrators pulled down militia flags and set a vehicle on fire inside what was once the base of Gaddafi's security forces.

Hundreds of men waving swords and even a meat cleaver chanted "Libya, Libya", "No more al Qaeda!" and "The blood we shed for freedom shall not go in vain!"

"After what happened at the American consulate, the people of Benghazi had enough of the extremists," demonstrator Hassan Ahmed said. "They did not give allegiance to the army. So the people broke in and they fled.

"This place is like the Bastille. This is where Gaddafi controlled Libya from, and then Ansar al-Sharia took it over. This is a turning point for the people of Benghazi."

Adusalam al-Tarhouni, a government worker who arrived with the first wave of protesters, said several pickup trucks with Ansar fighters had initially confronted the protesters and opened fire. Two protesters were shot in the leg, he said.

"After that they got into their trucks and drove away," he said. Protesters had freed four prisoners found inside.

Libya's government had promised Washington it would find the perpetrators of what appeared to be a well planned attack on the U.S. consulate, which coincided with protests against an anti-Islam video and the anniversary of the 9/11 attacks.

PRESSURE ON OBAMA

The attack and the outrage directed at the United States over the video across the Muslim world raised questions about President Barack Obama's handling of the so-called Arab Spring.

Although Ansar al-Sharia denies any role in the consulate attack, the latest events in the cradle of Libya's revolution appeared at least in part to vindicate Obama's faith in Libya's nascent democracy.

"The killing of the ambassador, and a preceding set of serious security incidents, are a wake-up call to the new government to actually start to improve security," said Oliver Miles, former British ambassador to Libya.

"And now they've got backing from the street in Benghazi to do just that."

Libyan political scientist Ahmad al-Atrash told Reuters:

"People in Benghazi and all over Libya want to get these militias under control ... The overwhelming feeling is against any element that keeps the situation unstable."

The second half of Friday night's protest proved his point.

Continuing to chant anti-Ansar slogans, the crowd, swelling into the thousands, moved on to attack a separate compound where the powerful pro-government Rafallah al-Sahati militia, safeguarding a big weapons store, opened fire on the assailants.

As looters later tried to leave the scene, vigilantes wielding clubs and machetes tried to prevent them driving off with heavy weapons.

Officials at three hospitals told a Reuters correspondent they had a total of five dead and more than 60 wounded from the night's violence.

Police found six more dead bodies near the compound on Saturday morning, police officer Ahmed Ali Agouri said.

"We came as peaceful protesters. When we got there they started shooting at us," student Sanad al-Barani said. "Five people were wounded beside me. They used 14.5 mm machineguns."

Nasser Abdelhaaq, a Rafallah al-Sahati commander, said the brigade had returned to their compound on Saturday morning.

He suggested that the crowd had been deliberately manipulated to turn on Rafallah al-Sahati, an officially approved militia that also has Islamist leanings.

"Twenty-five percent of those who came were there as saboteurs," he said. "Some of them, we know who they are, they were working with Gaddafi's security brigades."

While the compound was being looted, the government texted Benghazi mobile phones asking citizens to go home and "not allow saboteurs to destroy your noble and successful demonstration".

RELIANT ON MILITIAS

Libya's new rulers know that, while militias pose the biggest threat to their authority, the state's weak security forces rely on former rebel units, armed with heavy weapons, that fought in the uprising.

Like the rest of Libya, Benghazi is still prowled by dozens of armed groups operating openly, usually with the official permission of a government that is powerless to stop them.

Ansar al-Sharia's overt Benghazi presence was never huge. But it was one of the few groups operating openly without official licence.

Its leaders proclaim democratic government to be incompatible with Islam, and the presence on the streets of pickup trucks bearing their Kalashnikov logo was an affront to the government's authority.

Ansar al-Sharia and other Islamist militias have bases elsewhere in eastern Libya, notably around the coastal city of Derna, known across the region as a major recruitment centre for fighters who joined the wars in Iraq, Afghanistan and Syria.

The attack on the U.S. consulate seems to have provided a strong impetus for local authorities to rally support behind the weak national government.

Thousands of Libyans marched in Friday's "Rescue Benghazi Day" in support of democracy and against Islamist militias.

"It's obvious that this protest is against the militias. All of them should join the army or security forces as individuals, not as groups," student Ahmed Sanallah said. "Without that, there will be no prosperity and no success for the new Libya."

U.S. Ambassador Christopher Stevens was well liked, and many Libyans condemned the attack on the consulate despite being angered by the anti-Islamic U.S.-made film that triggered it.

Some protesters' placards read: "We demand justice for Stevens" and "Libya lost a friend". Others had mixed views.

"I am out today to defend Benghazi. Killing the ambassador is a completely separate thing," said 26-year-old Amjad Mohammed Hassan, a network engineer. "I don't give a damn about the killing of the ambassador because the Americans offended the Prophet. I am just here for Benghazi."


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Jumaat, 21 September 2012

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19 Reported Dead as Pakistanis Protest Muhammad Video - New York Times

Posted: 21 Sep 2012 08:19 AM PDT

ISLAMABAD, Pakistan — Violent crowds furious over an anti-Islamic film made in the United States convulsed several cities across Pakistan on Friday in a day of state-sanctioned protests, and the nation's leading television station reported as many as 19 people were killed.

It was the worst single day of deadly violence in one Muslim country over the film, "Innocence of Muslims," since the protests began nearly two weeks ago in Egypt and later spread to two dozen countries around the world. Protesters have ignored the United States government's denunciation of the film.

The violence on Friday in Pakistan began with a television station employee dying from gunshot wounds during a protest in the northwestern city of Peshawar, and far bigger protests in the southern port of Karachi, Pakistan's largest city, left between 12 and 14 people dead, Pakistani news media reported. Geo, the leading television station, was reporting 19 deaths by late Friday around the country.

The unrest came as governments and Western institutions in many parts of the Muslim world braced for protests after Friday Prayer — an occasion often associated with demonstrations as worshipers leave mosques. In Tunisia, the authorities invoked emergency powers to outlaw all demonstrations, fearing an outpouring of anti-Western protest inspired both by the American-made film and by cartoons depicting the Prophet Muhammad in a French satirical weekly.

American diplomatic posts in India, Indonesia and elsewhere closed for the day. In Bangladesh, several thousand activists from Islamic organizations took over roads in the center of the capital, Dhaka after prayers. They chanted "death to the United States and death to the French" and set on fire a symbolic coffin for President Obama that was draped with the American flag, as well as an effigy of Mr. Obama. They also burned the American and French flags. The protesters threatened to seize the American Embassy on Saturday, but a police order banned any further demonstrations. Separate protests took place outside of Dhaka as well.

European countries took steps to forestall protests among their own Muslim minorities and against their missions abroad. France had already announced the closure on Friday of embassies and other institutions in 20 countries while, in Paris, some Muslim leaders urged their followers to heed a government ban on weekend demonstrations protesting against denigration of the prophet.

Interior Minister Manuel Valls said officials throughout the country had orders to prevent all protests and crack down if the ban was challenged. "There will be strictly no exceptions. Demonstrations will be banned and broken up," Mr. Valls said.

The German Interior Ministry said it was postponing a poster campaign aimed at countering radical Islam to avoid fueling protests among the country's four million Muslims, The Associated Press reported.

Businesses in Pakistan closed and streets emptied across the country as the government declared a national holiday, the "Day of Love for the Prophet Muhammad," to encourage peaceful protests against the controversial film that has ignited protest across the Muslim world for more than a week.

"An attack on the holy prophet is an attack on the core belief of 1.5 billion Muslims. Therefore, this is something that is unacceptable," said Prime Minister Raja Pervez Ashraf in an address to a religious conference Friday morning in Islamabad.

Mr. Ashraf called on the United Nations and international community to formulate a law outlawing hate speech across the world. "Blasphemy of the kind witnessed in this case is nothing short of hate speech, equal to the worst kind of anti-Semitism or other kind of bigotry," he said.

But the scenes of chaos in some parts of the country as the day progressed suggested that the government had failed to control public anger on the issue.

In Peshawar, where the television employee was killed, protesters attacked and burned two movie theaters, breaking through the windows with sticks and setting fire to posters that featured images of female movie stars.

Television footage showed the police firing in the air to disperse the crowd, and a hospital official said that at least 15 people, including three police officers, were injured.

In Islamabad, where thousands of protesters flooded toward the heavily guarded diplomatic enclave, Express News reported that the police ran out of rubber bullets because of heavy firing.

A television reporter said that when protesters in nearby Rawalpindi ran out of material to burn, they broke into several tire shops along a major road to steal fresh supplies.

The government cut off cellphone coverage in major cities, while the authorities in Islamabad sealed all exits to the city after Friday Prayer, state radio reported. Some Pakistanis were relying on e-mail and social media sites, like Twitter, to communicate.

Expressions of weary anger over the violence were common. "We are not a nation. We are a mob," said Nadeem F. Paracha, a cultural commentator with Dawn newspaper, on Twitter.

Large shipping containers blocked roads through the center of several cities. Western diplomatic missions were closed for the day.

The State Department spent $70,000 on Urdu-language advertisements that were broadcast on several television channels, dissociating the American government from the inflammatory film.

The Ministry of Foreign Affairs announced it had summoned the American chargé d'affaires, Richard Hoagland, asking him to have the anti-Islam film removed from YouTube, which has been entirely blocked in Pakistan for the past several days.

Alan Cowell contributed reporting from Paris and Julfikar Ali Manik from Dhaka, Bangladesh.

Obama has more campaign money to spend than Romney - CBS News

Posted: 21 Sep 2012 08:49 AM PDT

WASHINGTON — At the end of August, President Barack Obama had about $88.8 million to spend on the final months of the campaign, nearly twice as much as Republican rival Mitt Romney, according to campaign fundraising reports released Thursday.

While Romney's report showed he had $50.4 million to spend as of Aug. 31, he also owed $15 million on a $20 million loan taken that month.

The loan helped Romney pay for mailings, staff salaries and TV advertising &#8212 and it helped his finances appear healthier on paper. It also boosted his cash-on-hand total from $35.4 million &#8212 a number that's closer to a third of Obama's haul.

While Romney raised about $66.6 million in August to Obama's $84.7 million, the $20 million loan boosts Romney's total receipts to $86.6 million, slightly higher than his Democratic opponent's take.

Both Romney and Obama spent about as much as they raised during the month of August. Romney spent about $66.4 million, while Obama spent about $83.7 million.

Romney and the Republican Party raised more than $111 million combined. That was less than Obama and the Democrats, who raised more than $114 million.

Romney took out a $20 million loan in late August, in the days before his campaign had access to funds they had raised for the general election because he was not yet the official nominee. He used general election money as collateral for the loan.

The new report shows he paid back $5 million before the end of August. The campaign said it had paid back an additional $4 million in September, although that data won't be publicly recorded until next month.

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Khamis, 20 September 2012

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IGB REIT opens 10pc higher on debut

Posted: 20 Sep 2012 06:14 PM PDT

IGB Real Estate Investment Trust opened at RM1.37 (US$0.45) per share on its trading debut on Friday, as investors eager for exposure to Malaysia's largest pure retail real estate investment trust chased the stock.

IGB REIT raised US$260 million in the buoyant Malaysian market to make it the country's fourth-largest flotation this year, behind palm oil firm Felda Global Ventures Holdings in June, IHH Healthcare in July, and pay-TV company Astro Malaysia Holdings, due to list in October.

By 9.02am, IGB was at RM1.39 per share, 11.2 percent above its IPO price of RM1.25, in line with most analysts' expectations who had predicted a bounce despite tottering global equity markets and pulled listings. -- REUTERS

US stocks rebound after early losses

Posted: 20 Sep 2012 04:45 PM PDT

NEW YORK: US stocks ended mixed on Thursday, recovering after poor economic data in the US, Europe and China pushed markets to losses in early trade.

Health care and utility stocks fared well while transportation was a significant loser, the sector falling by 2.6 percent.

The Dow Jones Industrial Average closed up 18.97 points (0.14 percent) at 13,596.93.

The S&P 500 lost 0.79 points (0.05 percent) at 1,460.26, while the tech-heavy Nasdaq dropped 6.66 points (0.21 percent) to 3,175.96.

Earlier, Asian and European markets closed sharply lower after poor readings of purchasing managers indexes showed continued contractions in industrial activity in both areas.

Meanwhile, US data was mostly glum: an unimproved weekly jobless claims figure, a slight fall in the Conference Board's leading economic indicators index, and a continued negative reading in the Federal Reserve's economic activity index for the Philadelphia region.

"What was strong during the early part of the economic recovery is getting weaker now and what was weak is getting stronger," said Gary Thayer of Wells Fargo Advisors.

JC Penney plunged 11.2 percent after the struggling retailer's chief executive gave a warning that sales might continue to be weak for the rest of the year.

Simon Property, the owner of hundreds of malls around the country, fell 3.0 percent after missing forecasts despite a solid quarterly earnings report.

ExxonMobil picked up 1.1 percent on news that it had bought productive Bakken shale assets acreage in North Dakota and Montana for US$1.6 billion in cash and asset swaps from Texas-based Denbury Resources.

Bed Bath and Beyond shares dropped 9.8 percent after its second-quarter earnings undershot analysts' forecasts. Earnings for the quarter were US$224.3 million, 98 cents a share, compared with 93 cents a share a year earlier.

News Corp shares edged 0.6 percent higher after Britain's media watchdog decided to allow its 39 percent-owned subsidiary BSkyB to keep its lucrative broadcast license in the wake of a phone-hacking scandal.

Apple meanwhile fell back below the US$700 line, slipping 0.5 percent to end at US$698.70. -- AFP

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Romney says his campaign is aimed at 100 percent of the population - Fox News

Posted: 20 Sep 2012 09:22 AM PDT

Republican presidential candidate Mitt Romney said that his campaign is aimed at 100 percent of the U.S. population and added that he was convinced of his ability to redirect the economy to improve the quality of life for all.

"My campaign is about the 100 percent of America," he said here at a "Meet the Candidate" forum organized by Univision, the country's leading Spanish-language network.

"I know I'm not going to get 100 percent of the vote, And my campaign will focus on those people we think we can bring in to support me," the former Massachusetts governor said when asked about his recently-leaked comments at fund-raising event where he labeled 47 percent of the electorate as dependent on government.

"But this is a campaign about helping people who need help, and right now the people who are poor in this country need help getting out of poverty, the people in the middle class need help because their incomes have gone down every year for the last four years," Romney continued.

"I have a record. I have demonstrated my capacity to help the 100 percent," he said, still trying to play down his dismissal of the 47 percent as voters who will choose President Barack Obama "no matter what."

"These are people who pay no income tax," Romney said at the fundraiser, referring to the 47-percent group, which includes retirees, students and working people whose adjusted gross income is too low to be subject to federal income tax, though they do pay payroll levies.

At that same fund-raising dinner he said that if his late father, auto executive and one-time Michigan Gov. George Romney - the son of U.S. expatriates then living in Mexico - had "been born of Mexican parents, I'd have a better shot of winning this."

"I think for political purposes that might have helped me here at the University of Miami today," Mitt Romney said Wednesday night in response to a question about the earlier remark.

On Friday, President Obama will participate in a similar interview, and it will be the first time in history in an election campaign for both main U.S. candidates to provide back-to-back interviews directed specifically at the Hispanic audience.

The issues dealt with during the interview included timely subjects of interest for Latinos including the temporary suspension of deportations decreed by Obama for young undocumented immigrants brought to the United States as children.

Romney elected not to state clearly whether or not he would end the Deferred Action program, but he did say he would not "round up people and deport them."

"We're not going to round up 12 million people, and that includes the kids," he said.

His position, he said, is to reform the immigration system, which he called "a political football" that both parties have been tossing back and forth.

The GOP candidate said that he approved of legal immigration because this country lives and breathes from the vitality of immigration.

On the subject of jobs, and after noting that Hispanics have gone for 56 months with an unemployment rate above 10 percent, he said he would create employment in the energy sector and in foreign trade, as well as improve training "for the jobs of tomorrow."

He also said he would empower small businesses, where Hispanics are particularly active. EFE

UK soldier unexpectedly gives birth in Afghanistan - Businessweek

Posted: 20 Sep 2012 09:27 AM PDT

LONDON (AP) — Hours after a British soldier in Afghanistan told medics she was suffering from stomach pains, the Royal Artillery gunner unexpectedly gave birth to a boy — the first child ever born in combat to a member of Britain's armed forces.

Britain's defense ministry said Thursday the solder told authorities she had not been aware she was pregnant and only consulted doctors on the day that she went into labor.

The soldier, who arrived in Afghanistan in March, delivered the child Tuesday at Camp Bastion, the vast desert camp in southern Afghanistan's Helmand province where Prince Harry is deployed and a Taliban attack last week killed two U.S. Marines.

"Mother and baby are both in a stable condition in the hospital and are receiving the best possible care," the ministry said in a statement. It said a team of doctors would fly out to Afghanistan in the coming days to help the solider and her son return safely to Britain.

The U.K. does not allow female soldiers to deploy on operation if they are pregnant. Although the soldier's child was conceived before her tour of duty began in March, she is not likely to face censure.

Britain has previously sent female soldiers home from wars after they have fallen pregnant — including about 60 from Afghanistan, but hasn't previously had a servicewoman go into labor in a war zone.

The soldier, a citizen of Fiji, is one of about 500 British military women serving in Afghanistan. She is also among around 2,000 Fijians who serve in the British military, even though the country became independent from Britain in 1970.

Camp Bastion, which hosts the U.S. Camp Leatherneck, is home to most of Britain's 9,500 soldiers in Afghanistan, including Prince Harry — who arrived there earlier this month to serve as an attack helicopter gunner. Last Friday, a Taliban assault on the base ended up with two U.S. marines killed and six American fighter jets destroyed.

Maj. Charles Heyman, a retired officer and author of "'The British Army Guide" said the unexpected birth would cause some concern at the base.

"This sort of thing makes life difficult for everyone else, but the important thing is the welfare of the female soldier. This could have gone wrong and we don't know if the attack on Camp Bastion might have forced the birth," said Maj. Charles Heyman, a retired officer and author of "'The British Army Guide."

Heyman said it may have been "that the excitement of the tour masked the symptoms of the pregnancy."

Belinda Phipps, chief executive of the National Childbirth Trust, a British parenting charity, also suggested the soldier's demanding work could explain why she either didn't know she was pregnant, or had attempted to ignore the signs.

"It could be that she was so very focused on other things, and because she was in a life-or-death scenario, that she simply didn't recognize that she was pregnant," Phipps said.

Phipps said the pregnancy may not have been obvious to the soldier's colleagues. "Not everyone has a very big baby bump, some women carry their baby far inside," she said.

Patrick O'Brien, a consultant obstetrician at University College London Hospital, said cases of unnoticed pregnancies were unusual, but that he encountered at least one each year.

"There are some women who have very irregular periods, often women who are very fit and exercise a lot. There are women who don't have sickness during pregnancy. Some women — particularly those who are overweight — don't recognize they have put on weight, or feel the baby moving," O'Brien said.

Many cases involved women who refused to accept that they were pregnant and attempted to disguise it, particularly young women living at home.

"It's not just that they hide the pregnancy from their parents, they often become in denial of the pregnancy," he said.

"If you have a combination of any or all of those things, a pregnancy can go undetected, or the woman can be in denial of it if the implications to their life are so great," said O'Brien, a spokesman for the Royal College of Obstetricians and Gynecologist.

A study published in 2011 by Glasgow's Victoria Infirmary said that denial of pregnancy was more common than expected, suggesting it occurred in around 1 in 2,500 births.

In a 2002 German survey of Berlin obstetric hospitals, researchers found that 40 percent of women who didn't realize they were pregnant had seen doctors who also failed to spot the signs.

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Rabu, 19 September 2012

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US stocks score small gains

Posted: 19 Sep 2012 04:44 PM PDT

NEW YORK: US stocks scored small gains on Wednesday as investors weighed encouraging housing data and falling crude oil prices that stoked hopes for more growth in the tepid economy.

The stock indexes opened mixed but found positive momentum after existing home sales data beat expectations.

The Dow Jones Industrial Average added 13.32 points (0.10 percent) to close at 13,577.96.

The S&P 500-stock index rose 1.73 points (0.12 percent) to 1,461.05, while the tech-heavy Nasdaq added 4.82 points (0.15 percent) at 3,182.62.

The National Association of Realtors announced that existing home sales across the country leaped 7.8 percent from July to a two-year high, and were up 9.3 percent from a year ago.

"We're still getting continued decent news on housing," said Lee Munson at Portfolio LLC.

Crude oil prices tumbled on speculation that Saudi Arabia would boost output to cool prices. Brent, the global market benchmark, dropped almost US$4 to US$108.19 a barrel.

The steep fall in oil prices gives investors confidence that going forward, commodity prices would not hammer company earnings, Munson said.

Home builders in particular benefited from a separate report from the Commerce Department showing housing starts rose 2.3 percent from July, including a 5.5 percent jump in starts on single-family homes.

DR Horton gained 4.1 percent, Lennar 1.9 percent, Pulte 4.3 percent and Toll Brothers 3.5 percent.

In the automotive sector, Ford added 1.6 percent, GM 1.3 percent and truck maker Oshkosh 2.8 percent, all in the wake of the resolution of a looming strike by the Canadian Auto Workers union.

Online daily deals pioneer Groupon soared 13.9 percent after announcing a mobile payment service.

Apple held above the US$700 line, adding 0.03 percent at US$702.10.

Sprint Nextel, one of the telecoms firms that will offer Apple's new iPhone 5 on its network, leaped 7.1 percent.

Auto parts dealer AutoZone meanwhile gained 3.4 percent after beating analyst estimates for fourth-quarter profits, which rose 7.4 percent to US$323.7 million. - AFP

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Romney's Lost Week - Wall Street Journal

Posted: 19 Sep 2012 09:34 AM PDT

Mitt Romney had hoped to spend this week focusing on the details of his economic proposals. Instead, he's clarifying clumsy comments caught on video that he made back in May about Obama supporters. Last week's Wall Street Journal/NBC News/Marist poll suggests that the former governor might want to get back to discussing his economic plans as ...

New French cartoons inflame prophet film tensions - The Associated Press

Posted: 19 Sep 2012 09:36 AM PDT

New French cartoons inflame prophet film tensions

PARIS (AP) — A French magazine published vulgar caricatures of the Prophet Muhammad on Wednesday, brandishing its right to free speech amid global tensions over a movie insulting to Islam.

In response, the French government ordered embassies and schools to close Friday in about 20 countries and tens of thousands marched in Lebanon in protest.

The move by the provocative weekly Charlie Hebdo followed days of violent protests from Asia to Africa against the film "Innocence of Muslims" and turned France into a potential target of Muslim rage. Up to now, American government sites have drawn the most ire since the film was produced privately there.

Violence linked to the amateurish movie, which portrays the prophet as a fraud, a womanizer and a child molester, has killed at least 30 people in seven countries, including the American ambassador to Libya.

The French government ordered its embassies and French schools abroad to close on Friday, the Muslim holy day, as a precautionary measure in about 20 countries. It immediately shut down the French Embassy and the French school in Tunisia, which saw deadly film-related protests at the U.S. Embassy there last week.

In the southern Lebanese port city of Tyre, tens of thousands of people marched through the streets Wednesday, chanting "Oh America, you are God's enemy!"

Nasser Dheini, a 40-year-old farmer, said he was angry over the anti-Islam movie and the French caricatures of the Prophet Muhammad.

"Freedom of opinion should not be by insulting religions," Dheini said, carrying his son Sajed, 4, who was dressed in camouflage military uniform.

Dheini said instead of boosting security at French embassies, France should close down the offending magazine.

Other development Wednesday included:

— The French Foreign Ministry issued a travel warning urging French citizens in the Muslim world to exercise "the greatest vigilance," avoiding public gatherings and "sensitive buildings."

— Several hundred lawyers protesting the movie forced their way into an embassy area in Pakistan's capital.

— The United States temporarily closed its consulate in an Indonesian city because of similar demonstrations.

— Hundreds protested the film in Sri Lanka's capital, burning effigies of President Barack Obama.

The magazine's provocative act plunged France — which has western Europe's largest Muslim population — into a new debate over the limits of free speech in a modern democracy.

A lawsuit was filed against Charlie Hebdo hours after the Wednesday issue hit newsstands, the Paris prosecutor's office said. It would not say who filed it. The magazine also said its website had been hacked.

France's prime minister said freedom of expression is guaranteed, but cautioned that it "should be exercised with responsibility and respect."

Foreign Minister Laurent Fabius warned that Charlie Hebdo could be throwing "oil on the fire," but said it's up to the courts to decide whether the magazine went too far.

The magazine's crude cartoons played off the film and ridiculed the violent reaction to it. Riot police took up positions outside the offices of the magazine, which was firebombed last year after it released an edition that mocked radical Islam.

Charlie Hebdo's chief editor, who goes by the name of Charb and has been under police protection for a year, defended the cartoons.

"Muhammad isn't sacred to me," he said in an interview at the weekly's offices on the northeast edge of Paris. "I don't blame Muslims for not laughing at our drawings. I live under French law; I don't live under Quranic law."

Charb said he had no regrets and felt no responsibility for any violence.

"I'm not the one going into the streets with stones and Kalashnikovs," he said. "We've had 1,000 issues and only three problems, all after front pages about radical Islam."

Government authorities and Muslim leaders urged calm.

"This is a disgraceful and hateful, useless and stupid provocation," Dalil Boubakeur, rector of the Grand Paris Mosque, told The Associated Press. "(But) we are not Pavlov's animals to react at each insult."

A small-circulation weekly, Charlie Hebdo often draws attention for ridiculing sensitivity around the Prophet Muhammad, and an investigation into the firebombing of its offices last year is still open.

Charlie Hebdo was acquitted in 2008 by a Paris appeals court of "publicly abusing a group of people because of their religion" following a complaint by Muslim associations.

Prime Minister Jean-Marc Ayrault said organizers of a demonstration planned for Saturday against the "Innocence of Muslims" won't receive police authorization. Paris prosecutors have opened an investigation into an unauthorized protest last Saturday around the U.S. Embassy that drew a couple hundred people and led to about 150 arrests.

The debate about the limits of free speech spread to neighboring Germany.

"I call on all those, especially those who rightly invoke the right of freedom of speech, to also act responsibly," Foreign Minister Guido Westerwelle said in Berlin.

The German Embassy in Sudan, which was attacked last week, remains closed and security at German embassies in other countries has been beefed up, he said.

A German group in Berlin dropped plans to show extracts of the film "Innocence of Muslims" because of the outcry it has caused.

The cartoonist of the French caricatures published Wednesday, who goes by the name Luz, was defiant.

"We treat the news like journalists. Some use cameras, some use computers. For us, it's a paper and pencil," he said. "A pencil is not a weapon. It's just a means of expression."

Outside the Charlie Hebdo offices, a passer-by wearing a traditional Muslim tunic said he was neither surprised nor shocked by the cartoons. He criticized France's decision to close embassies and schools for fear of protests by extremists.

"It gives legitimacy to movements that don't have any," said Hatim Essoufaly, who was walking his toddler in a stroller.

In Pakistan, the lawyers who protested in Islamabad shouted anti-U.S. slogans and burned an American flag after they pushed through a gate, gaining access to the diplomatic enclave before police stopped them. They called for the U.S. ambassador to be expelled, and then peacefully dispersed.

Much of the anger over the film, which denigrates Islam's Prophet Muhammad, has been directed at the U.S. government even though the film was privately produced in the United States and American officials have criticized it.

The U.S. Embassy in Indonesia said the consulate in Medan, the country's third-largest city, has been closed temporarily because of demonstrations over the film. About 300 members of Hizbut Tahrir Indonesia, a pan-Islamic movement, rallied peacefully on Wednesday in front of it.

Egyptian authorities deployed five large security trucks with riot police outside the French Embassy in Cairo as a precautionary measure but there were no signs of protests.

Nicolas Garriga and Jeff Schaeffer in Paris, Bassem Mroue in Tyre, Lebanon, Juergen Baetz in Berlin and Munir Ahmed in Islamabad contributed to this report.

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