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Scoping the new subprime as watchdogs cry 'bubble'

LONDON: As global watchdogs warn that euphoric financial markets are divorced from economic reality and acting out some reprise of the credit bubble and bust of the past decade, fears of another subprime time bomb are inevitable.


Government allocates RM3.5mil to alleviate flooding in Rawang town

WORK to replace the drainage channels at three main roads in Rawang town is expected to be completed by August next year and Selangor Drainage and Irrigation Department (DID) expects this to reduce floods there.


Hamas drifts into Gaza fight it doesn't know how to finish

GAZA (Reuters) - The latest mini-war between Israel and the Islamist group Hamas began with the Gaza-based militants eager to strike a blow, but the escalation that followed has left them physically and diplomatically exposed, with no ready way out.


Midlife fatherhood: Older men with young children

Older new dads savour wisdom that comes with age.


Dollar weakens in Asia after Fed minutes

TOKYO: The dollar eased in Asia Thursday as minutes from the Federal Reserve's June meeting suggested interest rates would stay low well into next year.


Tokyo stocks down 0.24% by break

TOKYO: Tokyo stocks eased 0.24% on Thursday morning after the US Federal Reserve signalled its widely expected intention to end its long-running stimulus programme in October.


Rain batters Japan as storm makes landfall, three dead

TOKYO (Reuters) - Heavy rain battered a wide swathe of Japan on Thursday, sending rivers over their banks and setting off a landslide as a weakened but still dangerous storm made landfall and headed east, leaving three people dead.


Gold up on softer dollar, India budget eyed for import duty cut

SINGAPORE: Gold edged higher for a second straight session on Thursday, helped by a weaker dollar and as minutes of the Federal Reserve's recent policy meet gave no indication of an early hike in US interest rates.


Museum dedicated to Chinese roast duck opens in Beijing

Famous restaurant chain Quanjude exhibits over 500 items from its 150-year history.

Reflecting On The Law

Imbibing the spirit of Ramadan

A person who submits to hunger and thirst but does not behave righteously misses the whole point of the fasting month.