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Youths ask Govt to give PTPTN loan borrowers a chance

ALTHOUGH it was appalling to many Perak youths that 400,000 people had defaulted in repaying their National Higher Education Fund Corporation (PTPTN) loans, they, at the same time, asked the Government not to be too harsh on them.

Welfare spending explodes as Japan ages

Prime Minister Shinzo Abe is poised to raise Japan's sales tax, but this bruising political decision leaves unresolved the bigger and much more complicated task of curbing runaway social-welfare spending.

'Massive fraud' at centre of trial against BofA over U.S. mortgages

NEW YORK: Bank of America Corp's Countrywide unit placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and Freddie Mac, a U.S. government lawyer said on Tuesday.

Rubber farmers can seek financial aid for project from Risda

KUCHING: Financial assistance is available from the Rubber Industry Smallholders Development Autho- rity (Risda) to help boost entrepreneurship among rubber farmers.

From fruity to faecal smells

Scientists have managed to sort all scents into 10 basic categories, ranging from peppermint to pungent.

India fails to bite the bullet to cut fuel demand

NEW DELHI (Reuters) - India's oil minister shied away from introducing comprehensive energy subsidy cuts on Tuesday, instead calling on his countrymen to embrace car pooling, buses and cycling as well as staggered working hours in a bid to curb fuel consumption.

France tackles reform of costly, failing job training system

PARIS (Reuters) - French trade unions and employers began a fresh attempt on Tuesday to make a training system that absorbs billions of euros a year more effective in equipping people to fill hundreds of thousands of vacant jobs.

Greek public sector workers strike as lenders check reform progress

ATHENS (Reuters) - Greek public sector workers went on strike for the second time in a week on Tuesday, shutting schools and leaving hospitals with skeleton staff, as inspectors from Greece's foreign lenders checked whether the country was meeting its bailout targets.

Asian shares slip after Wall Street losses

Asian markets slipped on Tuesday following losses on Wall Street, as attention turns to a brewing budget row in Washington that threatens to shut down parts of the US economy.

Steam challenges Microsoft, Apple with SteamOS

Aiming to simplify entertainment and accelerate innovation, the SteamOS marks the first of three big announcements from Half-Life and Portal developer Valve Software.