India frugal with praise for Pune tormentor O'Keefe - Cricket

India captain Virat Kohli blamed his side's twin batting collapses on their recklessness, while others felt the turning track had backfired on them. "I will have to see (O'Keefe) bowl on a good test match wicket. All O'Keefe had to do was to bowl faster through air and be accurate, Singh said. "Bowling six deliveries in the same spot is all you need to get wickets on such tracks," he added. Former coach Ravi Shastri also felt O'Keefe was richly rewarded for his accuracy against the leaden-footed Indian batsmen.

February 27, 2017 06:36 UTC

Asia confederation terminates deal with China broadcaster - sources - Football

SYDNEY (Reuters) - Chinese company LeSports had its four-year contract to broadcast Asian Football Confederation (AFC) competitions terminated by the continental governing body last week after failing to pay an instalment on the deal, sources have confirmed to Reuters. The AFC oversees all football in Asia and its showpiece club tournament, the Asian Champions League, includes the top sides from the continent as well as Australia. LeEco announced in January it had received new investment worth 15.04 billion yuan ($2.19 billion) from property developer Sunac China Holdings. While China's national football team has struggled in recent years, interest in the club game has surged in China. ($1 = 6.8755 Chinese yuan renminbi)(Editing by Nick Mulvenney and John O'Brien)

February 27, 2017 06:22 UTC

Mature Fabregas enjoys challenge of fighting for place - Football

"Experience helps you understand that the most important thing is always the team. Experience and maturity gives you this," Fabregas, who became the first Spaniard to reach 300 Premier League appearances, told British media. Every football player wants to play every single minute but sometimes you have to fight for it. The easy way is to escape, to run away, to sulk and to want to leave, to create a drama. Not everything comes easy in life, sometimes you have to fight certain situations you are not used to.

February 27, 2017 06:18 UTC

Employer jailed and ordered to be caned for molesting maid - Regional

SINGAPORE: Less than two months after a domestic helper started working for a family, her male employer told her that he "wants her by the end of the month". The agent then warned Jacob Kumar Ross B. Isaac Ross, 40, a Singapore permanent resident, to stop molesting the victim. He later apologised to her after the agent warned him. She got worried and told his wife, who brought her to make a police report two days later . Two days later, the victim was in the children's room when he came and hugged her from the front.

February 27, 2017 06:13 UTC

Cuepacs objects to local government commission for Johor - Nation

KUALA LUMPUR: Cuepacs has expressed its objection to the proposed setting up of the Local Government Commission by the Johor government. Cuepacs president Datuk Azih Muda (pic) said there was no basis for having such a commission which went against the Local Government Act (Act 171) 1976. "Cuepacs is shocked by the announcement as even the Federal government has yet to decide on the setting up of such a commission. Azih said the announcement by Abd Latif had caused worry among some 5,000 workers in the 16 local councils in Johor. "If Johor is adamant on proceeding with the setting up of the commission, Cuepacs will challenge its legality in court," he added.

February 27, 2017 05:03 UTC

Family of lock-up death victim claims they were not even informed of arrest - Nation

SUNGAI BULOH: The family of M. Thanaseelan are distraught over his death, claiming they had not even been informed of his arrest in the first place. His wife S. Piremilah told The Star Online that the family only knew of his death seven hours after he died at the Bukit Sentosa lock-up and had not even known he was arrested. "We have been separated for over five years now, but he lived nearby and he was close to the children. The police had previously said that Thanaseelan was arrested on Feb 21 and was remanded from Feb 22 to 25. "Upon arrival there at about 10am, we found out that he had already passed away in the lock-up much earlier at around 1am," she said.

February 27, 2017 04:59 UTC

Employers arrested after Indonesian maid dies following alleged abuse - Nation

GEORGE TOWN: A 38-year-old Indonesian maid was found dead at her employers' house in Jelutong. The victim, known as Jubaedah, died at 11am on Saturday, with her employers claiming she had fallen at home. However, a postmortem revealed that she had sustained several injuries, such as fractures of her ribs, and bruises. The employers, a married couple in their 40s, have been arrested by police to assist in investigations. The case is being investigated under Section 302 of the Penal Code for murder.

February 27, 2017 04:19 UTC

Najib: Oil-rich Saudi Arabia will also introduce GST - Nation

KUALA LUMPUR: Oil-producing Saudi Arabia will soon introduce a Goods and Service Tax (GST) proving that such a tax "is not bad," Datuk Seri Najib Tun Razak said. "The oil price in Saudi Arabia has also gone up by 50%. "So do not confuse the rakyat and instigate them," he said, referring to Opposition politicians who have hit out at the implementation of GST and opposed fuel price hikes in Malaysia. Najib said he was told by Saudi ministers, who are part of a delegation of Saudi Arabian Ruler King Salman Abdulaziz Al-Saud, that the country also provides financial assistance to its people via money that is banked into their accounts. "But when we give BR1M (1Malaysia People's Aid), we are criticised as giving rasuah (bribes).

February 27, 2017 04:09 UTC

Gunfight after bomb explodes in building in Bandung - Nation

JAKARTA: Police exchanged gunfire with an attacker after a reported explosion in a government building in the city of Bandung, according to police and TV footage. "We're currently in the government office. There was information from the people that there was bomb explosion," West Java police spokesman Yusri Yunus told Reuters. An exchange of gunfire could be heard on Indonesian TV footage filmed from outside the building in West Java.

February 27, 2017 04:07 UTC

Busch drives past controversy to Daytona victory - Motorsport

DAYTONA BEACH, Florida (Reuters) - Kurt Busch survived a demolition Daytona 500 on Sunday and much like he has throughout a controversial 18-year NASCAR career came away a winner, albeit with a few bumps, scrapes and dents. While Busch was never charged, NASCAR's sanctioning body required him to complete a rehabilitation program before being reinstated. Team co-owners Gene Haas, who also runs HaasF1 and Tony Stewart, known as hot head in his driving days, stood by Busch and were rewarded for their loyalty with a first Daytona 500 win. Already signed to move to another top team Penske Racing in 2006, Roush management said that they would not be apologists for the volatile driver. Allmendinger, Busch’s former teammate at Penske who himself had issues at one time said: "He's a hell of a racecar driver.

February 27, 2017 04:06 UTC

Meet Malaysia’s first family of skiing - Nation

SAPPORO: A fanciful idea that started out as a joke among young members of one of Malaysia’s most prominent families has snowballed into a fully fledged ski team and dreams of Olympic success. Despite being a tropical, snowless country, Malaysia has created its own alpine ski team -- albeit with only two members -- which is currently competing at the 8th Asian Winter Games in Sapporo, Japan. My siblings and I all skied together and the running joke was always that we were the Malaysian ski team because we’re the only Malaysians people see skiing,” he said. Olympic dreams”We go back to Malaysia for three months every year and when we were there we contacted the Malaysian minister of sport,” Webb’s father Steve explained. ”It’s pretty neat that a small country like Malaysia can compete against these bigger countries and this has been a great experience,” Webb said.

February 27, 2017 04:02 UTC

Kawan Food falls 6.12% on weaker earnings, target price cut

KUALA LUMPUR (Feb 27): Kawan Food Bhd shares fell 6.12% in thin trade at mid-morning today, after CIMB IB Research maintained its “Add” rating on Kawan Food Bhd (Kawan) at RM4.41, with a lower target price of RM5.15 (from RM5.56) and said that at 87% of FY16 forecasts, Kawan’s net profit was below consensus and house expectations, mainly due to higher-than-expected adex and promotional expenses. At 10.24am, Kawan lost 27 sen to RM4.14, with 26,100 shares traded. In a note Feb 26, the research house said Kawan’s new factory is facing teething issues; to start only from early 2H17 onwards. We cut FY17-18F EPS to reflect taxes to be paid. “Still an Add, but target price falls from RM5.56 to RM5.15, following FY17-18F EPS cuts,” it said.

February 27, 2017 02:58 UTC

AmInvestment Research maintains Buy on RHB Bank - Business News

Cost income ratio met its KPI target of around 53.0%.“It was close to our assumption of 51.0% for FY16,” said the research house.AmInvestment Research said that gross loan growth decelerated to 2.0% (on-year). Additional provisions of RM120mil were taken on legacy steel loans and a furtherRM60mil provisions on oil & gas sector loans.“For 12MFY16, credit cost (excluding impairment on Swiber's bonds) was 0.39%, higher than 12MFY15 of 0.23%. However, it remained within our assumption of 0.50% for FY16.“GIL ratio rose to 2.43% in 4QFY16 from 2.25% in 3QFY16. This was due to higher impaired loans, contributed by rise in impaired loans for working capital, construction and purchase of securities.“A final dividend of 7 sen/share has been proposed, bringing total dividends to 12 sen/share for FY16 (payout of 29.0%), slightly lower than our estimate of 13 sen/share. We tweaked our net profit estimate for FY17/18 by - NOII and credit cost,” said the research house.

February 27, 2017 01:40 UTC

Why airlines are still expanding in face of glut

But the industry’s view is that the longer-term passenger growth will be robust enough to fill the additional capacity coming in. “Malaysia is seeing a much faster capacity growth than Singapore this year as all airlines are pursuing strategic expansion. Firefly is Malaysia Airlines Bhd’s wholly-owned low-cost turboprop operator. Malaysia Airlines too has returned to expansion mode and plans to order 25 wide-body aircraft by the end of the year. “Yes, there is going to be [an] oversupply this year, but airlines are expanding ahead of time.

February 27, 2017 01:26 UTC

Asian stocks seen weak Monday on US cues; bonds eyed - Business News

HONG KONG: Asian stocks look set to edge lower for a second day on Monday as weak cues from U.S. share markets and declining European government bond yields on political worries push investors to take profits after a recent rally.Markets are holding in recent broad trading ranges, and interest is turning to U.S. President Donald Trump's policy speech to a joint session of Congress on Tuesday night where he is expected to provide clues on his plans to cut taxes. "With the market getting impatient with Trump's proposed stimulus spending program, the rising political uncertainty around the globe is getting the bulk of the market's attention," ANZ strategists wrote in a morning note.MSCI's broadest index of Asia-Pacific shares outside Japan eased slightly in early trade, with early Asian stock markets treading water. The index fell 0.7 percent on Friday, but is still up more than 11 percent since end-December.U.S. Polls show Le Pen losing to either centrist Emmanuel Macron or right-wing Francois Fillon, but few people are willing to count her out.Ten-year German bond yields have dropped nearly 30 basis points so far this month, far outpacing a 13 basis point decline in yields of comparable U.S. debt. Brent crude edged higher to $56.04 per barrel while U.S. West Texas Intermediate was broadly flat at $54 a barrel.- Reuters

February 27, 2017 01:18 UTC

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