Brexit sparks race to host European Banking Authority - Business News

LONDON: Along with banks that have signalled they will be moving jobs abroad, Brexit will probably see the European Banking Authority leave London -- and rival cities are jockeying to be its next host.The London headquarters of the European Union's financial regulator, in the Canary Wharf district, has 170 staff members from 27 of the 28 European Union nations.Brexit is "a major talking point among the staff", executive director Adam Farkas told AFP, as Prime Minister Theresa May prepares to take the historic step of launching the exit process this week. "The outcome of the referendum, which will likely lead to a removal of the EBA from London, is having a major impact," said Farkas, 49, aHungarian who has headed the EBA since 2011.Britons voted in June to quit the EU bloc in a referendum that sent shockwaves across the globe and prompted several banks to announce plans to move jobs from London to continental Europe.Media reports suggest that cities including Amsterdam, Dublin, Frankfurt, Paris and Vienna could be trying to woo the EBA away. "We do not have a formal role in deciding this," Farkas said. "If we see some sort of shortlist emerging... we would of course consult the staff and seek for their views. ""We have not done so until now because it would probably be too open-ended and not very conclusive -- but we engage with the staff very actively.

March 26, 2017 04:41 UTC

Turtle-ly devoted: KL boy bakes cookies to raise money for turtle conservation

He has become committed to saving sea leatherback turtles after his science teacher showed him and his classmates a video of the endangered species. He plans to donate the money to the Turtle Conservation Society in Terengganu and help save the sea creatures. "I was told that the leatherback turtles do not land in Peninsular Malaysia anymore. According to the WWF, the leatherback turtle last landed in Terengganu in 1993. But in the last 30 years, the number dwindled to less than 2,000 adult female leatherbacks, making them the world's most endangered turtle species.

March 26, 2017 04:41 UTC

China to open more to foreign investment as others do - Business News

BOAO, China: China will substantially cut the number of sectors not open to foreign investment as it seeks fairer treatment for Chinese firms investing overseas, China's central bank governor Zhou Xiaochuan said on Sunday.Zhou Xioachuan, speaking during the Boao Forum for Asia, said that when China opens wider, "we want China to get fair treatment overseas".He added that Beijing was waiting on the new United States administration to see how to move forward on trade and investment negotiations.He also said monetary policy is not a panacea and governments should optimise the use of policy instruments to manage the economy.He added that great vigilance must be paid to global reflation, though he added that it is too early to tell if there is a trend of global reflation.

March 26, 2017 02:48 UTC

It’s your poor attitude, youths told - Nation

GEORGE TOWN: Fresh graduates cannot find jobs after completing their studies because they have attitude problems. StudyExcel Sdn Bhd general manager Jerry Tan (pic) said some blamed the employers for not giving them a chance because they are fresh graduates. The Malaysia Employers Federation said there are about 200,000 unemployed graduates in the country. He added that 68% of employers think that fresh graduates have unrealistic expectations of salaries and employment benefits. Besides their poor attitude, Tan said most fresh graduates were unemployed because of their poor English and poor communication skills.

March 26, 2017 00:57 UTC

U.S. strike kills an al Qaeda 'leader' in Afghanistan - Pentagon - World

WASHINGTON (Reuters) - The Pentagon said on Saturday a U.S. strike in Afghanistan this week killed an al Qaeda militant who was responsible for the death of two American service members and accused of involvement in a deadly attack on a bus carrying Sri Lanka's cricket team in 2009. The Pentagon said in a statement the strike took place on March 19 in Paktika province and killed Qari Yasin, "a well-known al (Qaeda) terrorist leader." "The death of Qari Yasin is evidence that terrorists who defame Islam and deliberately target innocent people will not escape justice," U.S. Defense Secretary Jim Mattis said in the statement. (Reporting by Idrees Ali; Editing by Sandra Maler)

March 26, 2017 00:56 UTC



Reynolds and Fisher honoured with humour, music and dance

A troupe from Reynolds' dance studio performed an homage to "Singin' in the Rain," the film that catapulted Reynolds to stardom at age 19. Todd Fisher recounted his mother's final moments and her remark that she wanted to be with her daughter. Fisher and Reynolds had a complex relationship, with some years of estrangement before they reunited and became close confidantes. Dunne recounted living with Fisher in New York when they were both young actors, and her initial reactions to working on "Star Wars." When speakers weren't delivering one-liners — some that had been uttered or penned by Fisher and Reynolds — music and dance took over the stage.

March 26, 2017 00:56 UTC

Indiscipline costs Reds in 22-8 defeat to Jaguares - Rugby

BUENOS AIRES (Reuters) - The Jaguares took full advantage of the Queensland Reds' indiscipline by scoring two first-half tries while the Australian side had two men in the sin bin on the way to a 22-8 victory at Velez Sarsfield on Saturday. The match, the first in Super Rugby between Argentine and Australian teams, was scoreless midway through the first half when Reds wing Eto Nabuli and lock Kane Douglas were yellow carded within a minute of each other. An exchange of penalties by rival flyhalves Jake McIntyre and Hernandez as halftime approached saw the teams change ends with the Jaguares 15-3 ahead. The Jaguares added a third try, De la Fuente's second, early in the second half. The win put the Jaguares second in the Africa 2 Conference, one point behind the Lions, while the Reds remain third in the Australian table.

March 26, 2017 00:33 UTC

Tears and laughter for Debbie Reynolds, Carrie Fisher - World

Los Angeles (AFP) - Friends, family and hundreds of wellwishers gathered in the Hollywood Hills on Saturday to celebrate the lives of beloved celebrity mother and daughter Debbie Reynolds and Carrie Fisher. Fisher, who catapulted to worldwide stardom as rebel warrior Princess Leia in the original "Star Wars" trilogy, died in Los Angeles after suffering a heart attack. Students of the Debbie Reynolds Dance Studio also performed during the 90-minute public ceremony at the cemetery's packed 1,200-seat Freedom Theater. Actress Ruta Lee sang "I'll Be Seeing You" in honor of Reynolds and there was even an appearance onstage by R2D2, the famous robot from "Star Wars." Before her death, Fisher had completed filming for her part in the latest "Star Wars" episode, "The Last Jedi," which is due for release in December.

March 26, 2017 00:22 UTC

De Kock guides South Africa tail to bonus runs at lunch - Cricket

Latham was 42 not out, while Raval was on 25 when bad light forced the players off with 3.3 overs of play remaining. South Africa had been dismissed for 314 about 30 minutes after tea following an almost two-hour rain delay that washed out virtually all of the middle session. Quinton de Kock had again proved his value to South Africa's lineup with his ability to score quickly and marshall the lower order as they scored 124 runs for the final four wickets. The wicketkeeper top-scored with 90, falling short of a century for his second successive innings after he made 91 in the second test in Wellington. South Africa hold a 1-0 lead in the three-match series having won the second game in Wellington by eight wickets.

March 26, 2017 00:11 UTC

Please forgive my child, dad pleads to family of woman killed in crash - Nation

ALOR SETAR: The father of the 16-year-old driver who allegedly rammed into a 65-year-old motorcyclist and killed her on the spot has asked the victim’s family for forgiveness. I sincerely hope that the victim’s family can forgive my daughter,” he said yesterday. The man, who did not want to be named, said he did not know why his daughter decided to drive his car that day. “March 24, 2017 will be a date that I know my daughter will never forget. The man said he was still unable to get information from his daughter as she was still traumatised.

March 25, 2017 23:48 UTC

Setting the right path for undergraduates - Education

The Gamuda Scholarship offers mentoring during the course of study and a career opportunity to participate in nation building. Lai says the Gamuda Scholarship Award is an important talent building initiative. “For instance, an engineering student will get a civil engineering buddy, and they will have regular interactions. If anyone needs further proof that a Gamuda scholarship is different, then they need not look further than Shafizul Faizal Zulkiply. Recounting his experience working on KVMRT, Shafizul Faizal said accepting the Gamuda scholarship turned out to be the right decision.

March 25, 2017 23:43 UTC

Some students can now learn international languages - Nation

“We are going to expand to more schools from primary to secondary schools up to SPM level. On another matter, he said more technical and vocational courses had been introduced to youths. Chong was asked if Malaysian youths should consider going into vocational courses instead of traditional tertiary courses due to the high unemployment rate. Chong said this year, the ministry had introduced the Upper Secondary School Industry Apprenticeship (PIMA) programme to identify “high-risk” students (students who are not academically inclined and may drop out of school) and get them to work with the local industry. The ministry is targeting 10% of its 2,000-odd secondary schools to offer such a programme.

March 25, 2017 23:29 UTC

Leaping with technology - Education

The Frog Classroom Programme is an initiative by YTL Foundation in collaboration with FrogAsia, provider of the Frog VLE, under the Education Ministry’s 1BestariNet project. “This concept is close to my heart because I believe it will bring change in our education system and boost our country’s education landscape,” said Deputy Education Minister Datuk P Kamalanathan during the launch of the classroom. The Frog Classroom, after all, is made possible via a collaboration between different parties. Parents also play a role in the Frog VLE programme. He added that any school can apply to have a Frog Classroom, but selection is based on a list of criteria.

March 25, 2017 23:26 UTC

Calls for all pending drug-related executions to be put on hold - Nation

PETALING JAYA: Lawyers and human rights groups have called for all pending executions to be put on hold while the decision to review the death penalty for drug trafficking is being deliberated. Given the huge amendments made to the Dangerous Drugs Act 1952, the Malaysian Bar called on the Government to declare and implement a moratorium on all pending executions. “That the decision whether to impose the death penalty be left to the discretion of the judge is prudent and just. “Studies have shown that there is no conclusive evidence of the deterrent value of the death penalty, particularly in respect of drug offences,” Varughese said. He recommended that a moratorium on the use of the death penalty be put into effect.

March 25, 2017 23:25 UTC

Third-round Puerto Rico leader Stroud says it is time to win - Golf

(Reuters) - Chris Stroud took a one-stroke lead after the third round at the Puerto Rico Open on Saturday, declaring it was time to win a PGA Tour event. Stroud, winless in 276 starts on tour, has come close with a playoff loss in Hartford in 2013, but has never lifted a trophy. “I feel like I’m way overdue,” the 35-year-old Texan told Golf Channel after making birdie at the par-five 18th for a five-under-par 67 at Coco Beach. With such a tightly-bunched leaderboard, Stroud knows he will need to attack on Sunday to have a chance of winning. It’s not one of those golf courses you can sit around and make pars.”(Reporting by Andrew Both in Cary, North Carolina, editing by Gene Cherry)

March 25, 2017 22:41 UTC




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