Penny Pritzker, Obama's choice for commerce secretary, likely to face union ire President Obama's plan to nominate Chicago businesswoman Penny Pritzker as commerce secretary is likely to draw criticism from organized labor and others on the left. Jobs report preview: slow hiring expected The April jobs report is likely to show that employers are still reluctant to go on a major hiring spree. The unemployment rate is expected to stay steady too. Bangladesh tragedy pressures retailers After a building collapse in Bangladesh killed over 400 workers, retailers are under pressure to improve overseas manufacturing standards. Play Jobless claims fall to 5-year low First-time claims for unemployment benefits fell to their lowest level in five years last week. Businesses were hesitant to hire in April Hiring by private businesses slowed in April, according to ADP's jobs report. FHA's solvency plan is unfair to borrowers The government insurer, which may or many not be in need of a bailout, plans to generate $10 billion by locking middle class borrowers into high fees for decades. Real debt fix can't exempt middle class - CBO chief Lawmakers promise they will never raise taxes or cut benefits for the middle class. But Congress' budget scorekeeper says they won't be able to keep that promise forever if they are serious about putting the debt on a sustainable path. | | ECB: We're ready to fight a recession Bank cuts rates as prospects of economic recovery in the eurozone begin to fade. How porn snuck into Bitcoin's code Hackers are tinkering with a key part of Bitcoin's system. LinkedIn slumps on disappointing outlook LinkedIn has blown Wall Street estimates out of the water for nearly two years, but it looks like that trend could be coming to an end. Hard-up France sells presidential wine The cash-strapped French state is selling off some of its fine wines in order to raise money and invest in a collection of modest vintages. Hedge fund manager: Fed should rev up 'printing press' Hedge fund manager Dan Arbess thinks the Federal Reserve should funnel money directly to the Treasury instead of simply buying bonds. eBay: 'Not against an Internet sales tax' eBay CEO John Donahoe explains his company's stance on the proposed Internet sales tax. Play Federal Reserve sticks with stimulus The Federal Reserve will keep its foot on the gas pedal for the foreseeable future, in its controversial effort to stimulate the recovery. | |
KUALA KANGSAR: Datuk Seri Dr Zambry Abd Kadir has been sworn in as Perak Mentri Besar for a second term. MALACCA: Sungai Udang assemblyman Datuk Idris Haron was sworn in as Malacca Chief Minister on Tuesday. Malaysians chose, and the results are in. Now it comes down to the details: Cabinet members and state exco must be appointed. What does YOUR dream cabinet look like? GE13: Azlan Man sworn in as Perlis MB GE13: Najib sworn in as Prime Minister GE13: The verdict is in — now it’s time to heal the nation GE13: Pakatan at loggerheads over MB post GE13: Zambry to be sworn in as Perak MB GE13: Singapore PM congratulates Najib on polls win GE13: Mukhriz sworn in as Kedah MB | | The development of various multi-billion rail infrastructure projects are expected to gain better clarity and speedier traction now, following the victory of the Barisan Nasional coalition in Sunday’s general election, industry players said. Construction stocks were going through a lull due to uncertainty over the general election. CIMB highest since July 2011, best proxy to ride on relief rally IMB Group rose to a high of RM8.60 - the highest since July 2011 -- on Tuesday as it was viewed as the best proxy to rise on the relief rally after the 13th General Election. Ringgit advances against US dollar, highest since August 2011 Malaysia's ringgit advanced against the US dollar on Tuesday, rising to a high of 2.9570, which was the strongest since August 2011 after the Barisan Nasional secured 133 of the 222 Parliamentary seats to form the Federal Government. Maybank Research maintains Buy on Perisai, TP RM1.40 Maybank Investment Bank Research is maintaining a Buy on Perisai Petroleum with a target price of RM1.40, based on 11 times FY14 earnings per share. KLCI opens 8pts higher, banks lift Trading ideas: MMC, YTL Corp, Bumi Armada, Dayang CIMB Research upgrades Tenaga to Outperform Malaysia-Market factors to watch on May 7(Tuesday) How Singapore's currency club fell apart Wall St. extends rally; financials, iPhone maker Apple lead Friend of ex-KPMG auditor pleads guilty in insider trading case Fraud survey says world over bosses 'cook the books to meet tough targets' HSBC expected to double first quarter profits to US$8bil Tuesday Billionaire Warren Buffett's Berkshire Hathaway sells another 1.375mil of its Moody's Corp shares | |
Japan tried to buy isles before Soviet collapse: Ozawa Japan tried to buy the four disputed islands off Hokkaido after being approached by an aide to then-Soviet President Mikhail Gorbachev, opposition leader Ichiro Ozawa claims. Three climbers die in mountaineering accidents Three climbers are confirmed dead Monday in accidents that occurred over the Golden Week holidays on multiple mountains in Nagano ... Snow falls in Hokkaido, while mercury rises in southwestern Japan The Japanese archipelago experienced both wintry and summerlike temperatures Monday, with snow falling on the northernmost prefecture of Hokkaido and ... Japan, China, South Korea agree to share info on air pollution Japan, China and South Korea agreed Monday to share information on cross-border pollution, including hazardous particulate matter measuring below 2.5 microns, through a trilateral working-level panel. In a joint statement adopted after their two-day talks in Kitakyushu, southwestern Japan, the environment ministers of the ... Nuclear regulators assemble for three-day meeting Nuclear regulators from nine countries including Japan, the United States and South Korea gathered Monday in Tokyo for a three-day meeting to discuss their responses to the 2011 nuclear accident at the Fukushima Daiichi power plant. The International Nuclear Regulators Association meeting, chaired by ... Novelist Murakami makes rare public appearance In a public interview with literary critic Yutaka Yukawa, acclaimed writer Haruki Murakami says his latest novel is "an attempt at something new." JAL plane engine catches fire after landing at Osaka airport An engine on a Bombardier CRJ200 operated by a Japan Airlines Co. group firm catches fire after landing at an Osaka airport. Three-month peace march sets out for Hiroshima Around 1,000 people begins a three-month peace march from Tokyo to Hiroshima, calling for the abolishment of nuclear weapons. | | | 
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S.Korea Ranks as Most Politically Stable Emerging Nation South Korea ranked joint first in terms of political stability among 30 emerging countries, despite security concerns related to North Korea and economic risks related to the...May 07, 2013 11:16 Married Couples Still Give More Money to Husband's Parents Married couples in Korea continue to display traditional patrilineal characteristics, and give more spending money to the husband's parents than to the wife's, according to a...May 07, 2013 10:53 SAT Scores of All Cheaters to Be Voided The U.S. firm Educational Testing Service said it will void the Scholastic Aptitude Test scores of more Korean students if further evidence of cheating emerges. It will comb...May 06, 2013 12:09 Jeju Welcomes Over 1 Million Tourists in AprilMay 06, 2013 11:26 Troubling Snapshot of Average Korean TeenagerMay 04, 2013 08:04 1 in 3 Koreans Worries About DementiaMay 03, 2013 13:02 Cheating on Standardized Tests 'Rampant'May 03, 2013 12:51 Korea Rises to 64th in Media Freedom RankingsMay 03, 2013 11:24 U.S. Embassy in Seoul Receives Threatening LetterMay 03, 2013 11:23 April Was 3rd Coldest on RecordMay 03, 2013 11:13 Ten S.Koreans on Foreign Policy's Most-Powerful ListMay 02, 2013 12:41 Former Top Anchorwoman Accused of PlagiarismMay 02, 2013 12:36 May SAT Cancelled Over Test Leak ScandalMay 02, 2013 11:29 Park Meets Korean Residents in New York Kicking off her six-day visit to the U.S., President Park Geun-hye met with a group of Korean residents in New York on Sunday afternoon. She reassured the group that Seoul and the...May 07, 2013 11:18 Park Arrives in Washington President Park Geun-hye arrived in Washington on Monday at the head of a massive, mostly business-oriented delegation. She is there for talks with her U.S. counterpart Barack...May 07, 2013 10:31 U.S. Neglecting N.Korean Nuke Problem, Says China Beijing has complained to Seoul that the U.S. has no real interest in denuclearizing North Korea, a diplomatic source here said Monday. "Beijing believes that Washington lacks the...May 07, 2013 09:40 Kaesong Complex Still Gets Minimal Power SupplyMay 07, 2013 09:37 S.Korea Pays US$13 Million to Pull Out of KaesongMay 06, 2013 11:58 N.Korea Lays Down Conditions for Reopening of Kaesong ComplexMay 06, 2013 09:49 Pentagon Sees 'Critical Challenge' in N.Korean MissilesMay 06, 2013 09:23 N.Korea: Will Not Use American Prisoner as 'Bargaining Chip'May 06, 2013 08:12 Choco Pies 'Legendary' in N.KoreaMay 03, 2013 13:03 American Sentenced to 15 Years' Hard Labor in N.KoreaMay 03, 2013 09:34 N.Korea Flapping About Outstanding Kaesong PaymentsMay 02, 2013 12:34 Ambassador to Australia Named N.Korea Point ManMay 02, 2013 12:34 U.S. Welcomes End of N.Korean 'Bluster'May 02, 2013 | | Hyundai Heavy Bags Biggest Deal for Container Vessels Hyundai Heavy Industries has clinched a US$700 million order to build five 18,400-TEU container vessels for China Shipping Container Lines. Each measures 400 m in length, 58.6 m...May 07, 2013 10:17 LG Chem to Start Production at EV Battery Plant in U.S. LG Chem will finally start operations at its plant in Holland, Michigan in July to produce batteries for electric vehicles. Although the facility was completed last June, the...May 07, 2013 09:51 Eco Group Calls on Apple to Follow Samsung's Lead One of the world's top three environmental protection groups has launched a campaign urging Apple to emulate rival Samsung in adopting more eco-friendly production standards....May 06, 2013 12:02 · Financial Institutions Offer Aid to Kaesong FirmsMay 06, 2013 11:26 · Galaxy S4 Receives Safety Approval from PentagonMay 06, 2013 10:58 · Last S.Koreans Leave Kaesong Industrial ComplexMay 06, 2013 10:56 · Top Businesses Vow to Step Up InvestmentMay 06, 2013 09:59 · Contract Workers Earn 64% of Regular Employees' WagesMay 04, 2013 08:19 · N.Korea's Trade with China DwindlesMay 03, 2013 10:54 · Gov't Pledges W300 Billion for Kaesong FirmsMay 03, 2013 10:34 · Koreans' Economic Confidence PlummetsMay 02, 2013 12:04 · Housing Prices Rise for First Time in 13 MonthsMay 02, 2013 11:22 · Asiana, Korean Air Rank Among World's Top 10 AirlinesApr. 30, 2013 12:57 | 
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