Jan
24

Keppel Corp's net profit falls 22% on-year in Q4

SINGAPORE: Falling margins from building oil rigs has hit the bottomline of Keppel Corp. Net profit for the world's leading rig builder fell 22 per cent on-year to S$305 million in the fourth quarter last year.Still, full year profit for the conglomerate came in 15 per cent to S$2.24 billion.Despite lower net profit in the three months ended Dec 31, Keppel Corp still declared a final dividend...
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North Korea makes new threats against U.S.

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Polar air mass keeps icy grip on Northeast

PORTLAND, Maine Polar air settled in earnest over the Northeast after trekking through the Midwest, grinding trains to a halt, bursting pipes and bringing further misery to folks still trying to recover from superstorm Sandy. The coldest temperatures were expected to continue Thursday, after which conditions should slowly moderate before returning to normal, said John Koch, a meteorologist with...
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Exterminator Charged in Pa. Doctor's Murder

An exterminator named Joseph Smith was arrested and charged today in the strangling and burning death of Philadelphia pediatrician Melissa Ketunuti.Smith, 36, had been sent to Ketunuti's home on a service call where the two got into "some kind of argument" in Ketunuti's basement on Monday, Capt. James Clark of the Philadelphia police department said this morning."At her home...
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Jan
23

2013 could be 'climate game-changer'

An ice sculpture entitled 'Minimum Monument' by Brazilian artist Nele Azevedo outside Berlin's Concert Hall, September 2, 2009.STORY HIGHLIGHTSThe "neglected" risk of climate change seems to be rising to the top of leaders' agendasExtreme weather events are costing the global economy billions of dollars each yearGas can be an important bridge to a lower carbon future but it's not the answerMore investment...
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Japan presses Algeria for answers as toll hits nine

ALGIERS: A senior Japanese official met Algeria's prime minister on Wednesday to press for an explanation of the gas plant siege, as Tokyo confirmed the deaths of two more nationals, taking its toll to nine.Senior Vice Foreign Minister Shunichi Suzuki arrived aboard a government jet that is to repatriate the bodies of those known to have been killed in the hostage crisis, along with the...
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Fiery Clinton

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Deep freeze grips Midwest, slides toward Northeast

MADISON, Wis. The Upper Midwest remained locked in a deep freeze Wednesday as the bitter temperatures crept eastward where at least one mountain resort warned it was too cold even to ski. Overnight, ice-covered Chicago firefighters spent hours fighting a massive fire at a warehouse on the city's South Side, hindered by the single digit chill. The cold snap arrived Saturday night as waves of Arctic...
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Clinton Says Budget Cuts Undermine Security

An energized Secretary of State Hillary Clinton stood her ground today, telling the Senate Foreign Relations Committee that she has overseen plans to secure diplomatic outposts around the world while cuts in State Department funding undermine those efforts.Citing a report by the department's Accountability Review Board on the security failures that led to the deaths of four...
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Jan
22

Defterios: What keeps Davos relevant

STORY HIGHLIGHTSSince the late 20th Century, the ski resort of Davos has been synonymous with the World Economic ForumDefterios: I first came to Davos as a relatively junior correspondent, two months after the Berlin Wall fellFall of Communism, China's opening, removal of apartheid in South Africa unfolded in the 90sIt's the inter-play between geo-politics and business is what keeps the forum relevantDavos...
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