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Injured boy to rely on medication for the rest of his life

GEORGE TOWN: The seven-year-old boy who slipped and fell off a Ferris wheel at the Penang Pesta fairground on Sunday will have to rely on medication for the rest of his life.

Commodities bull run ends Supply said to exceed demand and investors lost faith in precious metals

NEW YORK: Commodities posted the first annual drop in five years as supply exceeded demand for corn to sugar to nickel and investors lost faith in precious metals as a store of value amid signs that economies are improving.

US consumer mood brightens Home price gains slowed in year to October

NEW YORK: US consumers’ mood improved as 2013 drew to a close, with many optimistic about their future job prospects, while home prices rose again in October, though the pace of gains slowed.

Teen with Japanese Encephalitis needs help

THE family members of an 18-year-old youth who has been stricken with Japanese Encephalitis (JE) is reaching out to the public to help them get by.

US pending home sales end slide

WASHINGTON: Contracts to purchase previously owned U.S. homes edged up in November, marking the first increase in six months and providing a hopeful sign the sector has begun to stabilize after its momentum was sapped by rising mortgage rates

Wall Street ends best year in more than 15 years

NEW YORK: Stocks closed out their best year in more than 15 on Tuesday, with major indexes advancing throughout 2013 on the back of the Federal Reserve's massive stimulus and expectations for accelerating growth going forward.

Looking for work, US jobless prod Congress for action

Four miles from Capitol Hill, Michael Tate was looking for a job – any job – as he cringed at the prospects of losing unemployment benefits and appealed to lawmakers who left him and others in the lurch.

World share markets rise to 6-year high, euro gains

NEW YORK: World stock markets rose to a six-year high on Monday on optimism about the global economy heading into 2014, while the euro strengthened against the dollar and yen on comments by European Central Bank chief Mario Draghi

Poverty in Italy hits record levels

ROME (Reuters) - Poverty in Italy has reached its highest level in at least 16 years as the economic crisis has bitten, driving up unemployment and cutting wages, according to a report on social cohesion issued on Monday.

Many Malaysians would rather celebrate New Year's Eve than join protest over cost of living

KUALA LUMPUR: Yes, times are not good and prices are going up and people have to watch their wallets, but that’s not going to stop Malaysians from doing what they always do on New Year’s Eve – celebrate!