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Oil rises on China-US talks, gains capped by US fuel build
NEW YORK: Oil rose nearly 2 percent on Friday after proposed trade talks between the United States and China eased some fears about a global economic slowdown, but gains were capped after the United States reported a sharp build in refined product inventories. [...]
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Diabetes Risk Rises When You Skip Breakfast
If you occasionally overlook breakfast, you might want to rethink your morning schedule to reduce your risk for diabetes. Tags Diabetes & Blood Sugar Levels [...]
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A new champion rises, but can PPBM avoid Umno’s pitfalls?
PPBM’s president Tan Sri Muhyiddin Yassin and chairman Tun Dr Mahathir Mohamad attend the party’s second annual general meeting at Putrajaya International Convention Centre in Putrajaya December 29, 2018. ― Picture by Mukhriz Hazim PUTRAJAYA, Dec 30 ― Parti Pribumi Bersatu Malaysia (PPBM) leaders have made no attempt to disguise their ambition in the last two days to replace Umno as the new champion for the modern Malay masses.From the opening speech by president Tan Sri Muhyiddin Yassin, its women’s wing chief Datuk Seri Rina Harun right down to last night’s policy address by chairman and Prime Minister Tun Dr Mahathir Mohamad have all been about how to elevate the Malay economic status so they feel like “masters” in their own country.Universiti Kebangsaan Malaysia associate professor Faisal Hazis said the similarities in agenda and speeches is expected; the bulk of PPBM’s top line-up were old guards from Umno and the two-year-old ruling party’s survival to GE15 relies heavily on the over 60 per cent Malay electorate.“Umno originally was basically trying to do what PPBM is doing now,” he told Malay Mail.“Eventually, over the last few decades Umno became an elitist party instead of a party for the masses,” he said.He said both Muhyiddin and Dr Mahathir were only trying to dial back time to the days of the original Umno formed in 1946 and appeal to the rural Malays who form their biggest vote bank.“They are trying to outdo Umno.“There was no hiding in terms of intention to replace Umno as the dominant party for the Malays,” Faisal said.He added that PPBM’s strength lay in the support of the Malay masses while its Pakatan Harapan (PH) partners and other ally each had their respective vote banks: PKR has multiethnic support; Amanah holds the Islamists; DAP has the ethnic Chinese and Warisan controls Sabah.Laying the groundwork for GE15Universiti Teknologi Malaysia Perdana School associate professor Azmi Hassan expressed a similar view, saying PPBM’s urban Malay support and from non-Malays were due to the party’s membership as a PH coalition component.“Yes, it is quite frustrating that the AGM sounds like an Umno general assembly, but again, the Umno DNA is in fact in most of the delegates,” he told Malay Mail.But Azmi believes PPBM may be doubling down now to lay the groundwork to ensure it wins the support of its voter base in the next general election, though due in five more years.“The best strategy that PPBM can strive coming GE15 is to get the support of the rural Malays and hence the similarities with its debates with Umno,” he said.The parallels between PPBM and Umno stopped at the Malay agenda, the two pundits observed.What set the two Malay Muslim parties apart was PPBM delegates’ demonisation of Umno leader during the AGM these last two days.PPBM Youth chief Syed Saddiq Abdul Rahman proposed a special committee to vet membership applicants from Umno who wanted to defect.The other significant difference was Dr Mahathir’s message in his policy speech last night that the country’s prosperity must be shared with all races, even as he upheld his “racist” insistence for preferential economic policies favouring Malays to close the rich-poor racial gap.“Our objective remain the same, We want to turn this country into a developed nation equal to other developed nations.“However, a developed nation does not mean part of the rakyat remains underdeveloped compared to the others. We do not want to be an impoverished community in a wealthy country. The bounties of this country must be shared by all races,” Dr Mahathir said in his lengthy policy speech.Pacific Research Centre principal adviser Oh Ei Sun took a more cynical view of PPBM’s potential to grow into its own.He said the recent intake of Umno defectors into PPBM might bring with them the destructive corrupt culture into the relatively young party.“They are Umno wannabes, but still lacking the gumption and the ruthlessness to plunder and monopolise most national resources to benefit the party bigwigs who were supposed to then take care of those hangers-on, as Umno did so marvelously over the last half century or so,” Oh said.“But with time, in incumbency and the anticipated massive Umno defectors’ infusion, PPBM will hone its skills in this regard,” he added.Oh was not alone in his scepticism.Early in his speech last night, PPBM chairman Dr Mahathir reminded delegates not to become arrogant as Umno after winning one general election but to bend their backs to fulfil their electoral promises or they may taste defeat in the 15th general election.Perhaps this is the true challenge that PPBM has to overcome ― to inoculate themselves from Umno’s warlord culture. [...]
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Median house price in Malaysia rises in 3Q18
PETALING JAYA (Dec 24): The median price of homes in Malaysia stood at RM293,000 in the third quarter of 2018 (3Q18), an incremental rise from... [...]
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U.S. consumer sentiment rises in December, topping estimates
WASHINGTON (Dec 21): U.S. consumer sentiment unexpectedly improved as views on economic conditions improved, helping bolster the outlook for American spending. The University of Michigan’s final... [...]
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GenM rises as theme park to open as scheduled
KUALA LUMPUR: Genting Malaysia Bhd is seeing some positive price action on reports that its theme park in Genting Highlands will be completed by early next year. [...]
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Brexit pressure rises, but UK government says no to second vote
LONDON:Britain's government is not preparing for a second referendum on Brexit, ministers said on Sunday, sticking to the script that Prime Minister Theresa May's deal could still pass through parliament with a few changes. [...]
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Ringgit rises as trade war takes a breather
KUALA LUMPUR: The ringgit opened higher against the US dollar today, after US President Donald Trump and his Chinese counterpart, Xi Jinping, agreed to pause the trade war. [...]
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Malaysian palm oil price rises for 3rd straight day on gains in related oils
KUALA LUMPUR: Malaysian palm oil futures closed higher for the third day in a row on Friday evening, supported by gains in related edible oils and ahead of U.S.-China trade talks at the G20 meeting on Saturday. [...]
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California fire death toll rises to 23
Firefighters battle raging fires at both ends of the state — in Butte County and in the Los Angeles area By AFP / Pic By BLOOMBERG PARADISE • The death toll from destructive fires hitting California rose to 23 on Saturday as rescue workers recovered more bodies of people killed by the late-season infernos. Firefighters battled raging fires at both ends of the state — in Butte County, a scenic area in the foothills of the Sierra Nevada mountains north of Sacramento, and in the Los Angeles area, where two deaths possibly related to a fire were reported. There is little hope of containing the flames anytime soon, as the National Weather Service said strong winds and dry conditions were expected through the weekend. “Today, 14 additional bodies were located, which brings our total number to 23,” Butte County Sheriff Kory Honea said at a late Saturday news conference as he discussed a blaze known as the “Camp Fire”. Acrid smoke from the fire covered the sky for miles, the sun barely visible. On the ground, cars caught in the flames were reduced to metal carcasses, while power lines were gnawed by the flames. Mandatory evacuation orders were issued for more than 52,000 people in the area. In the town of Paradise more than 6,700 buildings — including a hospital, a gas station, and several restaurants — have been consumed by the fire. Rescuers removed human remains over several hours in Paradise and placed them in a black hearse. Charred body parts were transported by bucket, while intact remains were carried in body bags. At the Holly Hills Mobile Estate the mobile homes had been reduced to smoldering piles of debris. Yellow police tape marked spots that were tagged “Doe C” and “Doe D”, suggesting that bodies were found there. Locals fled the danger, but police told AFP some farmers returned to check on their cattle. Fanned by strong winds, the blaze has so far scorched 100,000 acres (40,500ha) and is 20% contained, the California Department of Forestry and Fire Protection (Cal Fire) said. So far, three of the more than 3,200 firefighters deployed have been injured. They estimate they will need three weeks to fully contain the blaze. Local power authorities told state officials that an outage occurred near the spot where the fire erupted, The Sacramento Bee reported, but there is no official cause of the Camp Fire blaze. ‘No More Fed Payments!’ US President Donald Trump, travelling in France for World War I commemorations, drew criticism for his unsympathetic reaction to the devastation. “There is no reason for these massive, deadly and costly forest fires in California except that forest management is so poor,” Trump tweeted. “Billions of dollars are given each year, with so many lives lost, all because of gross mismanagement of the forests. Remedy now, or no more Fed payments!” Brian Rice, the head of the California Professional Firefighters, slammed Trump’s tweet as “ill-informed, ill-timed and demeaning to those who are suffering, as well as the men and women on the front lines”. He said the president’s claim that forest policies were mismanaged “is dangerously wrong”. Trump later showed more sympathy. “Our hearts are with those fighting the fires,” as well as the evacuees and families of the victims, he tweeted. “God Bless them all.” Malibu Mansions in Flames In southern California, more wildfires burned, including one just north of Los Angeles and another in Ventura County near Thousand Oaks, where a Marine Corps veteran shot dead 12 people in a country music bar last Wednesday. Two bodies were found in Malibu — one of the most coveted locations in California for Hollywood stars seeking privacy and luxury — in an area where the “Woolsey Fire” swept through, the Los Angeles County Sheriff Department (LACS). However the incident “is being investigated by the homicide department”, an LACS spokesperson told AFP. A couple looks out toward the ‘Woolsey Fire’ as it blows toward the ocean along Pacific Coast Highway ‘near Malibu. Kim Kardashian was one of the celebrities forced to flee The Woolsey Fire has consumed around 83,000 acres, destroyed at least 177 structures and was 5% contained, Cal Fire said late on Saturday. Evacuation orders had been issued for some 88,000 homes in Ventura County and neighbouring Los Angeles County. Reality TV star Kim Kardashian West, who lives just north of coastal Malibu, was one of the celebrities forced to flee. Director Guillermo del Toro tweeted that Bleak House, his museum of horror movie memorabilia, was safe after he saying he feared it would go up in smoke. Actor Martin Sheen, briefly reported missing by his actor son Charlie, was also forced to evacuate. “We’re fine, we’re at Zuma Beach and we’re probably going to sleep in the car tonight,” Martin Sheen told Fox News 11, adding that it was the worst fire he had seen in 48 years of living in Malibu. The wildfire reached Paramount Ranch, destroying the Western Town sets used for hundreds of productions including HBO’s sci-fi western “Westworld”, network officials said. var VUUKLE_EMOTE_SIZE = "90px"; VUUKLE_EMOTE_IFRAME = "180px" var EMOTE_TEXT = ["HAPPY","INDIFFERENT","AMUSED","EXCITED","ANGRY","SAD"]The post California fire death toll rises to 23 appeared first on The Malaysian Reserve. [...]
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Syarikat Takaful profit rises RM50.42mil
KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd (recorded a higher net profit of RM50.42mil for the second quarter (Q2) ended June 30, 2018 versus RM45.07mil registered in the previous corresponding period. [...]
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Ringgit strengthens against US dollar as crude oil price rises
KUALA LUMPUR (July 25): The ringgit rebounded against the US dollar at the opening, with the local currency expected to remain trading in very tight... [...]
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Weekly radio listenership rises to 20.2 million in Malaysia
Radio continues to dominate media engagement among Malaysians GfK’s Radio Audience Measurement has shown that radio is continuing to be one of the dominant engagement media among Malaysians; reaching over 20.2 million or 97% of the population in Peninsular Malaysia. The Radio Audience Measurement 2018 conducted by GfK, in partnership with Commercial Radio Malaysia has revealed two primetime windows when listenership peaked—breakfast and drive time shows. The latest survey which was conducted over six weeks from March 25 – May 5 polled 6,000 unique individuals aged 10 years and above. GfK utilised 4,500 paper diaries and 1,500 e-diaries to collect valuable insights on the strength and scope of radio listening across the country. Among the various airwaves, it was the weekday drive-time shows (Monday to Friday, 4:00PM – 8:00PM) and breakfast shows (Monday to Friday, 6:00AM – 10:00AM) that enjoyed highest listenership of 14.1 million and 13.6 million respectively. Drive time shows are most popular with the 20-29 age group with 3.1 million listeners from the segment tuning in during this time slot; followed by 10-19 year old listeners, who account for 2.9 million listeners. The breakfast shows on the other hand attract the most audience from the 20-29 and 30-39 years age groups and they make up 2.9 million listeners respectively. Younger listeners from the age groups of 10-19 and 20-29 make up a large proportion of weekday night show audience. Together, these two segments account for 46% of the total 8.7 million who tune in to weekday night shows (Monday to Friday, 8:00PM – 12:00 midnight). “Radio remains a strong medium for storytelling despite the changing media landscape in the midst of digital revolution. This is never going to change. The way radio delivers impactful advertising and the ability to engage with consumers is through great content that tells great stories”, said Erin Hwang Bin Bin, the President of Commercial Radio Malaysia & General Manager of Star Media Radio Group. Radio is also reaching more listeners by race, as reflected in the latest GfK study. Compared to the previous survey conducted in the second half of 2017, the overall weekly reach increased across all races, especially among Chinese listeners which reported highest listenership growth from 4.8 million to 5 million listeners— a 3.4% increment. Around 2.8% more listeners in the Indian/Others segment has also been registered, along with 2.3% rise seen in the Malay segment of listeners. Total radio audience from Indian/Others and Malays reached 1.8 million and 13.5 million respectively in the latest survey. According to Radio Audience Measurement Wave 1 results for 2018, radio reaches 14.7 million of its listeners at home, accounting for 70% of the population in Peninsular Malaysia. Findings also reveal that 2.7% more listeners are tuning in from their car compared to the previous wave of the survey. “In spite of the fact that consumers these days are availed a wide range of media options on different digital platforms, it is evident from the study that Malaysian radio continues to be an important media that receives the unwavering support of its listeners,” highlighted Lee Risk, APAC Commercial Director for Media at GfK. ”Radio has a significant role in the daily lives of its listeners, and will continue to be a popular channel that is able to connect with and reach a large portion of the Malaysian consumers,” he concluded. The post Weekly radio listenership rises to 20.2 million in Malaysia appeared first on MarketingMagazine. [...]
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Oil rises but declines for the week as supply concerns ease
NEW YORK: Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions. [...]
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Death toll from Canada heat wave rises to 33
MONTREAL: A heat wave in Quebec has killed 33 people in the past week as high summer temperatures scorched eastern Canada, officials said Thursday. Eighteen of the dead were reported in the provincial capital Montreal, according to regional public health director Mylene Drouin. She added that the majority of the victims in the city were men aged between 53 and 85 living in vulnerable conditions and without access to air conditioning. The rest of the deaths occurred in other parts of the French-speaking province. Environment Canada forecast a maximum of 35°C on Thursday with a heat index (what the temperature feels like to the human body) of up to 45°C. The heat wave is expected to end by Thursday evening with temperatures between 23°C and 25°C over the next few days. "My thoughts are with the loved ones of those who died in Quebec during this heat wave," tweeted Prime Minister Justin Trudeau. "The record is expected to continue in central & eastern Canada, so make sure you know how to protect yourself & your family". No deaths had been reported for the same period in the neighboring province of Ontario, which has also sizzled under extremely high temperatures. In 2010, a heat wave killed around 100 people in the Montreal area. — AFP [...]
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World Cup Golden Ball odds: Harry Kane rises – but he isn't the favourite
WORLD CUP Golden Ball odds have tumbled on Harry Kane – but he's got strong competition. [...]
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