• Malaysian banks race to pin down fleeing deposits

    By Yantoultra Ngui and Patturaja Murugaboopathy KUALA LUMPUR/BENGALURU, Oct 7 (Reuters) - Bank deposits in Malaysia are growing at their slowest pace in more than a decade as retail funds flee to higher-yielding avenues, weakening banks' buffers against any unforeseen funding needs at a time when the economy is losing steam. Total deposits at commercial banks rose 4.8 percent in July, the least since September 2002, according to the latest central bank data. Growth is expected to slacken further, with banks offering unattractive interest rates of 3.1 to 4.0 percent per annum.

  • Malaysia opposition rejects ‘safe passage’ for Najib proposal, insists on court process

    KUALA LUMPUR, Oct 7 — Opposition lawmakers here have dismissed a proposal to grant “safe passage” for Datuk Seri Najib Razak to leave office without facing charges in court, warning that allowing a...

    The Malay Mail Online
  • Chinese billionaire finds himself at center of a new scandal

    For the second time in three decades, a billionaire Chinese real estate mogul is central to a scandal over whether his money was used to buy influence in the United States. Authorities say in the mid-1990s ...

    Associated Press
  • Liverpool twist again in bid to end title drought

    By Mike Collett LONDON (Reuters) - Liverpool's greatest manager Bill Shankly said winning the league title was the club's "bread and butter" so it is a sad reflection that their only recent crumb of comfort is finishing runners-up 17 months ago. On April 27 2014 Brendan Rodgers' men were in touching distance of Liverpool's first domestic league crown for 24 years, but they -- and captain Steven Gerrard -- slipped at the last and came second, two points behind Manchester City. On Sunday, 42-year-old Northern Irishman Rodgers was sacked via a telephone call from Mike Gordon, the president of Fenway Sports Group, the club's American owners.

  • Malay Rulers want 1MDB issue settled

    KUALA LUMPUR: The Malay Rulers want the government to complete the investigation related to 1Malaysia Development Berhad as soon as possible and take “the appropriate stern action” against all found to be implicated. In a statement, their royal highnesses stressed that all concerned should extend “real and sincere” cooperation for the investigation to achieve its objectives. “The findings of the investigation must be reported comprehensively and in a transparent manner so that the people will be convinced of the sincerity of the government which shall not at all conceal facts and the truth,” they said.

    New Straits Times
  • Man convicted for sending threat messages to Singapore PM

    Singapore, Oct 6 (IANS) A man was on Tuesday convicted of sending threatening messages to Singapore Prime Minister Lee Hsien Loong via Facebook. Tan Yeong Hong, 33, said he was frustrated after attending a "Meet the People's Session (MPS)" on June 24 this year, only to find that the premier was not present at the event, Channel News Asia reported. A police report was lodged by a senior official of the Online Communications Unit of the Prime Minister's Office, which manages the premier's social media accounts.

    IANS India Private Limited/Yahoo India News
  • Hands-on with the Microsoft Surface Pro 4 tablet

    Perhaps Microsoft was ahead of its time, but it certainly looks like consumers today really do want a tablet, but only if they can get real work done on it too. Perhaps Microsoft is waiting for Windows 10 to be ready. Perhaps Microsoft is waiting for Intel’s ‘Skylake’ chips to be ready.

  • Sandra Bullock: It’s a miracle I wasn’t jailed

    Sandra Bullock has hinted that her college years were wild.

    Cover Media
  • Sneezing monkey, 'walking' fish found in Himalayas: WWF

    A monkey that sneezes when it rains and a "walking" fish are among more than 200 species discovered in the ecologically fragile eastern Himalayas in recent years, according to conservation group WWF. WWF has compiled a survey of wildlife discovered by scientists across Bhutan, northeast India, Nepal, northern Myanmar and southern Tibet, in an attempt to raise awareness of the threats facing the sensitive region. The species include what the WWF described as a blue-coloured "walking snakehead fish" which can breathe air, survive on land for four days and slither up to 400 metres (a quarter of a mile) on wet ground.

    AFP News
  • Victoria Beckham: David and I are solid

    Victoria Beckham never listens to rumours about her personal life.

    Cover Media
  • Cate Blanchett: My underwear is embarrassing

    Actress Cate Blanchett gets “overwhelmed” with lingerie, so she’d rather just wear old ratty underwear instead.

    Cover Media
  • Samsung Electronics third-quarter profit guidance beats estimates

    Samsung Electronics Co Ltd said on Wednesday its July-September operating profit likely leapt 79.8 percent from a year earlier, beating expectations and pushing the South Korean tech giant's share price sharply higher. Samsung, in a regulatory filing, estimated its third-quarter profit at 7.3 trillion won ($6.29 billion), its first quarterly profit gain in two years and its biggest since the first quarter of 2014. This compared with a 6.7 trillion won profit tipped by a Thomson Reuters SmartEstimate poll of 30 analysts.

  • Pacquiao heading to Doha for World Championships

    Manny Pacquiao is to attend the World Boxing Championships in Doha later this week, following a personal invitation from the head of the tournament's governing body, it was announced Tuesday. "Manny Pacquiao is a personal friend and I have invited him to come," Wu told reporters ahead of the tournament's first bouts. "He's never been to the World Championships and I said 'come and have a look'." "This is the benchmark for future World Championships and I am pleased that Manny Pacquiao accepted my invitation to come and share his thoughts and ideas first hand." The 36-year-old Pacquiao is expected to watch the afternoon session of fights on Thursday.

    AFP News
  • Ecclestone says F1 to be sold before year's end

    The Formula One circus could be under new ownership by the end of the year, supremo Bernie Ecclestone said on Tuesday. Speaking by video at a sports summit in Kitzbuehel, Austria, organised by German football legend Franz Beckenbauer, Ecclestone was adamant a new owner would be found this year. F1 chief executive Ecclestone confirmed he would sell his own five percent stake in the business as part of any deal, although he is likely to continue in his current role.

    AFP News
  • Why the COE System in Singapore Benefits Only the Rich

    The COE system has definitely meant that there are a lot less cars on the roads in Singapore. Sorry ah, I’ve been hiding under a rock – how does COE work again? It’s not easy to understand the COE system. In fact, we wrote a whole article on it and it barely scratched the surface.

  • Michigan factory supervisor wins $310.5M Powerball ticket

    LANSING, Mich. (AP) — A supervisor at a Michigan fiberglass factory who won a $310.5 million Powerball jackpot said Tuesday that she immediately quit her one-time "nasty, dirty" job and will buy land to build houses for her family.

    Associated Press
  • TPPA a ‘ticking time-bomb’, says Penang consumers association

    GEORGE TOWN, Oct 7 — The Consumers Association of Penang (CAP) likens the Trans-Pacific Partnership Agreement (TPPA) to a “ticking time-bomb” as it gives foreign corporations the power to challenge...

    The Malay Mail Online
  • 8 Home Designs That Are Easy-To-Clean and Maintain

    Are you an organised person or someone who is seeking for less clutter and less stress in their life? We have the solution for you. Check out our selection of 8 classic homes that are easy to maintain, guaranteed to reduce your stress and cleaning efforts in your everyday life.

  • 'Twilight' marks 10th anniversary with a twist: a gender swap

    The hugely successful "Twilight" vampire romance series is marking its 10th anniversary with a twist -- a gender swap. Best-selling US author Stephenie Meyer said Tuesday that she wrote 400-plus pages of bonus content that now features a teen boy falling for a female vampire -- not the other way around as in the original. "Now Bella is Beau and Edward is Edythe," Meyer told ABC's "Good Morning America" show.

    AFP News
  • Trump's bluster is heard around the world

    BALMEDIE, Scotland (AP) — Republican presidential front-runner Donald Trump is well-known in this serene coastal section of Scotland, where shimmering golden sand dunes meet the ice-blue North Sea and people play on his golf course. He's known in the Himalayas, too, far from any sign with his name on it. And in the Middle East, Africa and beyond.

    Associated Press