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Cop in boy hit by stray bullet case still on duty

IPOH: The police officer who was cleaning his revolver when it went off hitting a 10-year-old boy in the neck during the Hari Raya Haji holidays is still on active duty.

'Frustrated' Obama promises fix for malfunctioning healthcare website

WASHINGTON (Reuters) - President Barack Obama sought on Monday to limit political damage from the problematic launch of the government website for his signature healthcare law as Washington became embroiled in a new uproar days after a possible debt default was narrowly averted.

Sebelius expected to appear at U.S. House panel on Obamacare rollout

WASHINGTON (Reuters) - The U.S. House Energy and Commerce Committee said on Monday that Health and Human Services Secretary Kathleen Sebelius is expected to appear before the panel on October 30 to answer questions about the troubled rollout of President Barack Obama's healthcare law.

Street nearly flat on lackluster earnings

NEW YORK: U.S. stocks ended little changed on Monday as lackluster earnings reports from McDonald's and others fed concerns that equities were overpriced after the S&P index's run to record highs last week.

Italian unions to strike over government budget

ROME (Reuters) - Italy's three main trade union confederations will hold rolling strikes and protests against the government's 2014 budget plan, they said on Monday, piling more pressure on Enrico Letta's fragile coalition.

Malaysians set Budget priorities

PETALING JAYA: Cost of living tops the list of what Malaysians want the Government to look at in Budget 2014, according to a poll on 1Malaysia.com.my.

Philips posts solid quarter, thanks to lighting business

THE HAGUE: Dutch group Philips, which has transformed itself away from some of its traditional businesses, reported an almost three-fold surge in third-quarter net profit.

Soon-to-be-listed Karex a proxy to healthcare sector

PETALING JAYA: Soon-to-be-listed Karex Bhd will serve as a proxy to the healthcare sector due to the defensive nature of the condom industry, analysts said.

European shares at 5-yr highs, cheered by Philips results

LONDON: European shares steadied around five-year highs on Monday, bolstered by a crop of strong earnings but with investors reluctant to put on big bets at the start of a bumper U.S. data week.

Iskandar Malaysia records RM128.2bil in investments

Iskandar Malaysia has recorded total cumulative committed investments of RM128.21bil from its inception in 2006 until September this year, according to Johor Menteri Besar, Datuk Seri Mohamed Khaled Nordin.