Asian markets mostly up after Fed move

HONG KONG: Asian stock markets mostly rose Thursday as the US Federal Reserve announced fresh monetary easing and said it would not lift interest rates until unemployment was under control.

However, the gains were capped after the central bank's chief Ben Bernanke said the looming fiscal cliff of huge tax hikes and deep spending cuts was already hitting the economy.

The yen continued its slide ahead of the weekend's general election in Japan that is expected to see a victory for the opposition, whose leader has vowed to press for more aggressive measures to kickstart growth.

Tokyo climbed 1.15 per cent, lifted by the weakening yen, Hong Kong gained 0.22 per cent, Sydney added 0.10 per cent and Seoul was 0.60 per cent higher, but Shanghai lost 0.36 per cent.

After a two-day meeting the policy committee of the US central bank said it would replace its "Operation Twist" bond swapping programme with $45 billion a month in straight bond buys, on an open-ended basis.

That comes on top of the $40 billion a month purchasing announced in September.

The Fed also provided a surprise by saying it would not lift rates as long as the inflation outlook was below 2.5 per cent and the jobless rate, now at 7.7 per cent, stays above 6.5 per cent.

"The Fed's decisions did not really surprise anyone, although its comments about expecting rates to remain very low as long as unemployment remains above 6.5 per cent were somewhat novel," said Hiroichi Nishi, general manager of equities at SMBC Nikko Securities.

"The bottom line is that it will continue its aggressive steps to foster economic growth," he told Dow Jones Newswires.

However, the Fed's announcement was followed by a warning by Bernanke that Washington needed to come to an agreement in their talks on avoiding the fiscal cliff, adding that the lack of action was already causing problems.

"Even though we have not even reached the point of the fiscal cliff potentially kicking in, it's already affecting business investment and hiring decisions by creating uncertainty or creating pessimism," he said at a news conference.

On Wall Street the Dow and S&P 500 ended flat, while the Nasdaq fell 0.28 per cent, with earlier gains from the Fed announcement cut back by Bernanke's comments.

On currency markets the yen remained under pressure as Sunday's poll approaches, with Prime Minister Yoshihiko Noda's Democratic Party of Japan likely to lose to the Liberal Democratic Party, which is headed by Shinzo Abe.

Abe, a former prime minister, has promised to push a more aggressive monetary easing policy to jumpstart the economy.

The dollar was changing hands at 83.42 yen in early Asian trade, from 83.24 yen in New York late Wednesday, while the euro was at 108.95 yen from 108.85 yen. That compares with 82.67 yen and 107.48 yen earlier on Wednesday in Asia.

The euro bought $1.3063 against $1.3075.

Oil was lower in Asia Thursday, with New York's main contract, light sweet crude for delivery in January, falling 19 cents to $86.58 a barrel and Brent North Sea crude for January delivery shedding 15 cents to $109.35.

Gold was at $1,699.60 at 0230 GMT compared with $1,713.22 late Wednesday.

- AFP/ck

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Chilkur temple stage for Pandit Shankar’s secret wedding

HYDERABAD: For the older priests of the Balaji temple in Chilkur, the news of Pandit Ravi Shankar's sudden demise brought back vivid memories of the day he landed in Hyderabad and paid them a quiet visit, taking them all by surprise.

Not many people know but the sitar maestro married Sukanya Devi, mother of Anoushka Shankar in 1989 at the very temple, when it was frequented by only a handful of devotees.

"They came in a car on that day with their own purohit and nobody had even a faint idea that the marriage of a celebrity was going to take place," said M V Soundara Rajan, hereditary trustee of the Chilkur Balaji temple . "The temple authorities were not informed beforehand. It was a very low-key and simple affair bereft of any celebrity wedding. The marriage ritual was finished within an hour and the guests left soon," recalls Rajan, whose 99-year-old uncle C M Srinivasa Raghava Chary performed the marriage. The maestro, according to temple authorities, was a big devotee of Balaji and had visited the temple several times. Popularly known as the "visa god" as students pray there before applying for visa counseling, the temple witnesses over 5000 people visiting it every day.

Back in the days, the temple was very popular among members of Gujarati and Marwari community from the city who were ardent devotees of the lord.

A Gujarati businessman from the city, who was the patron of the temple, was instrumental in getting Ravi Shankar married here, priests say. "Ravi Shankar was a close friend of a Gujarati devotee who used to visit our temple. Probably this was the reason why he chose this temple. He had accompanied Ravi Shankar and his would-be wife to the temple that day," Rajan recalled.

Soundara Rajan also remembered the Gujarati devotee, whose name he does not remember , speaking of organizing a benefit programme with Ravi Shankar and promising to donate its proceeds to the development of the temple. "But our family had rejected that idea since we did not want any monetary help raised through such programmes since we consider this as a service," he said.

Recalling the marriage, priests said the marriage at this temple would have been confidential and not known to many had it not been for a lucky reporter who stumbled on the information . "Only after the news was splashed many knew that he had visited the city" a priest said.

According to them, Ravi Shankar also chose the temple as he was also a devotee of Chilkur Balaji. "He seemed to have visited the temple before and after the marriage."

C S Rangarajan, chief priest of the temple and son of Soundara Rajan recalled his conversation on this topic with his grandfather , who was the in-charge of the temple then. "This temple might have been chosen because it was quiet and hardly visited by any devotees. He had visited again in 2009 which showed he had faith in Chilkur Balaji," Rangarajan added.

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Hubble Discovers Oldest Known Galaxy

The Hubble space telescope has discovered seven primitive galaxies formed in the earliest days of the cosmos, including one believed to be the oldest ever detected.

The discovery, announced Wednesday, is part of the Hubble Ultra Deep Field campaign to determine how and when galaxies first assembled following the Big Bang.

"This 'cosmic dawn' was not a single, dramatic event," said astrophysicist Richard Ellis with the California Institute of Technology in Pasadena. Rather, galaxies appear to have been formed over hundreds of millions of years.

Ellis led a team that used Hubble to look at one small section of the sky for a hundred hours. The grainy images of faint galaxies include one researchers determined to be from a period 380 million years after the onset of the universe—the closest in time to the Big Bang ever observed.

The cosmos is about 13.7 billion years old, so the newly discovered galaxy was present when the universe was 4 percent of its current age. The other six galaxies were sending out light from between 380 million and 600 million years after the Big Bang. (See pictures of "Hubble's Top Ten Discoveries.")

Baby Pictures

The images are "like the first ultrasounds of [an] infant," said Abraham Loeb, a specialist in the early cosmos at Harvard University. "These are the building blocks of the galaxies we now have."

These early galaxies were a thousand times denser than galaxies are now and were much closer together as well, Ellis said. But they were also less luminous than later galaxies.

The team used a set of four filters to analyze the near infrared wavelengths captured by Hubble Wide Field Camera 3, and estimated the galaxies' distances from Earth by studying their colors. At a NASA teleconference, team members said they had pushed Hubble's detection capabilities about as far as they could go and would most likely not be able to identify galaxies from further back in time until the James Webb Space Telescope launches toward the end of the decade. (Learn about the Hubble telescope.)

"Although we may have reached back as far as Hubble will see, Hubble has set the stage for Webb," said team member Anton Koekemoer of the Space Telescope Science Institute in Baltimore. "Our work indicates there is a rich field of even earlier galaxies that Webb will be able to study."

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McAfee Lands in Miami: I'm Free

Software mogul John McAfee has been released from detention in Guatemala City and has landed in Miami.

Immediately upon landing, according to passengers on the plane, McAfee's name was called and he was whisked off the aircraft. Federal officials escorted the 67-year-old Internet antivirus pioneer through customs spirit him out a side door, out of the view of reporters, according to Miami International Airport's communication director, Greg Chin.

It was not clear whether officials intended to help McAfee avoid the inevitable media circus or wanted to question him. However, he has not been charged with committing a crime in Guatemala or Belize, where the authorities have sought to question him about the murder of his neighbor.

McAfee's departure from Guatemala came earlier today.

"They took me out of my cell and put me on a freaking airplane," he told ABC News. "I had no choice in the matter."

McAfee said, however, that Guatemalan authorities had been "nice" and that his exit from the Central American country was "not at all" unpleasant.

"It was the most gracious expulsion I've ever experienced," he said. "Compared to my past two wives that expelled me this isn't a terrible trip."

McAfee said he would not be accompanied by his 20-year-old Belizean girlfriend, but is seeking a visa for her. He also said he had retained a lawyer in the U.S.

Guatemala's National Police/AP Photo

John McAfee Arrested in Guatemala Overnight Watch Video

Software Founder Breaks Silence: McAfee Speaks on Murder Allegations Watch Video

When he was released earlier today, McAfee told the Associated Press, "I'm free. ... I'm going to America."

McAfee, who had been living in a beachfront house in Belize, went on the run after the Nov. 10 murder of his neighbor, fellow American expatriate Greg Faull. Belize police said they wanted to question McAfee about the murder, but McAfee said he feared for his life in Belizean custody.

He entered Guatemala last week seeking asylum, but was arrested and taken to an immigration detention center. He was taken to the hospital after suffering a nervous collapse and then returned to the detention center. The U.S. State Department has visited McAfee, who is a dual U.S.-British citizen, several times during his stay in Guatemala.

During his three-week journey, said McAfee, he disguised himself as handicapped, dyed his hair seven times and hid in many different places during his three-week journey.

He dismissed accounts of erratic behavior and reports that he had been using the synthetic drug bath salts. He said he had never used the drug, and said statements that he had were part of an elaborate prank.

Investigators in Belize said that McAfee was not a suspect in the death of Faull, a former developer who was found shot in the head in his house.

McAfee told ABC News that the poisoning death of his dogs and the murder just hours later of Faull, who had complained about his dogs, was a coincidence.

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Equipment failure could have caused incident that left serviceman critically injured

SINGAPORE: Preliminary findings indicate equipment malfunction could have led to the incident that left a navy serviceman critically injured.

The Ministry of Defence (MINDEF) in an update late Tuesday night said Weapon Systems Supervisor Jason Chee Weng Fai remains in critical condition.

He's warded at the Changi General Hospital.

Channel NewsAsia understands that Mr Chee is expected to be in the Intensive Care Unit for a few days.

The Republic of Singapore Navy (RSN) declared a 48-hour safety time-out from 10 Dec for its Frigates, Missile Corvettes and Landing Ship Tanks.

MINDEF said the safety time-out will allow the RSN to review its operating and safety procedures.

The Military Expert was injured on Monday when he got caught between a motorised winch and a rope, on the Landing Ship Tank, RSS Endeavour.

He was checking on a berthing rope that was being tightened when the incident happened.

- CNA/ck

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Seemandhra leaders vow to scuttle Telangana-meet

HYDERABAD: Invoking Telugu pride, Seemandhra Congress leaders on Tuesday vowed to ensure that the all-party meeting on Telangana does not happen on December 28 in view of the three-day World Telugu Conference slated to be held in Tirupati from December 27-29.

"If the Telangana Congress leaders think they can have their way in extracting a forward movement on the separate state demand in return for their vote on FDI in retail in the Lok Sabha, the Seemandhra leaders too can lobby to ensure that the all-party meeting does not happen on December 28," said a senior Congress leader.

"The World Telugu Conference must be the top priority for any Telugu-speaking person irrespective of his region in the state. When such an important event is happening, talking about the division of the state would be an insult to Telugu heritage, which is greater than politics. We have asked the Centre to convene the all-party meeting on December 20. If that is not possible, the Centre should consider holding the meeting in January 2013," Guntur Congress MP Rayapati Samabasiva Rao told TOI.

It's inevitable to postpone the all-party meet, claimed Vijayawada Congress MP Lagadapati Rajagopal. "We hope the Centre would not play with the sentiments of the people of the state. Any policy must be made on the basis of a democratic process and official procedures. We have brought this to the notice of the Centre, and it is up to them to take a call," Lagadapati said. Meanwhile, Samaikhyandhra Parirakshana Samithi (SPS) has lined up a series of demonstrations starting December 13 in a bid to put pressure on the Centre to postpone the all-party meeting. "We would take out separate padayatras across Seemandhra demanding the rescheduling of the all-party meeting. If the Centre does not oblige, then we will intensify the agitation," said Naraharisetty Srihari, president of SPS.

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Best Space Pictures of 2012: Editor's Picks

Photograph courtesy Tunç Tezel, APOY/Royal Observatory

This image of the Milky Way's vast star fields hanging over a valley of human-made light was recognized in the 2012 Astronomy Photographer of the Year competition run by the U.K.’s Royal Observatory Greenwich.

To get the shot, photographer Tunç Tezel trekked to Uludag National Park near his hometown of Bursa, Turkey. He intended to watch the moon and evening planets, then take in the Perseids meteor shower.

"We live in a spiral arm of the Milky Way, so when we gaze through the thickness of our galaxy, we see it as a band of dense star fields encircling the sky," said Marek Kukula, the Royal Observatory's public astronomer and a contest judge.

Full story>>

Why We Love It

"I like the way this view of the Milky Way also shows us a compelling foreground landscape. It also hints at the astronomy problems caused by light pollution."—Chris Combs, news photo editor

Published December 11, 2012

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Shooter Kills Self After Oregon Mall Rampage

A masked gunman opened fire today at Clackamas Town Center, a mall in suburban Portland, Ore., killing two people, injuring one, and then killing himself.

"I can confirm the shooter is dead of an apparent self inflicted gunshot wound," Lt. James Rhodes of the Clackamas County, Ore., Sheriff's Department said today. "By all accounts there were no rounds fired by law enforcement today in the mall."

Police have not released the names of the deceased. Rhodes said authorities are in the process of notifying victims' families. The injured victim has been transported to a local hospital.

Rhodes described the shooter as an adult male.

Witnesses from the shooting rampage said that a young man in a white hockey mask and bulletproof vest tore through the Macy's, food court, and mall hallways firing rounds at shoppers beginning around 3:30 p.m. PT today.

Hundreds of people were evacuated from the busy mall full of holiday shoppers after the shooting began.

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The gunman entered the mall through a Macy's store, ran through the upper level of Macy's and opened fire near the mall food court, firing multiple shots, one right after another, with what is believed to be a black, semiautomatic rifle, according to witness reports.

Katie Tate said she was in the parking lot of the mall when she saw the shooter run by, wearing a mask and carrying a machine gun, headed for the Macy's.

"He looked like a teenager wearing a gun, like a bullet-proof vest and he had a machine, like an assault rifle and a white mask and he looked at me," she said.

Witnesses described the shooter as being on a mission and determined, looking straight ahead. He then seemed to walk through the mall toward the other end of the building, shooting along the way, according to witness reports.

Those interviewed said that Macy's shoppers and store employees huddled in a dressing room to avoid being found.

"I was helping a customer in the middle of the store, her and her granddaughter and while we were looking at sweatshirts we heard five to seven shots from a machine gun fire just outside my store," Jacob Rogers, a store clerk, told ABC affiliate KATU-TV in Portland.

"We moved everyone into the back room where there's no access to outside but where there's a camera so we can monitor what's going on out front," Rogers said.

Evan Walters, an employee at a store in the mall, told ABC News Radio that he was locked in a store for his safety and he saw two people shot and heard multiple gunshots.

"It was over 20, and it was kind of surreal because we hear pops and loud noises," he said. "We're next to the food court here and we hear pops and loud noises all the time, but we don't -- nothing like that. It was very definite gunshots."

Police are tracing the weapon used in the shooting.

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Obama takes push for higher taxes on wealthy to workers at Michigan plant

REDFORD, Mich. — President Obama hit the campaign trail again on Monday — more than a month after the election — firing up a crowd of blue-collar automotive workers with calls to raise taxes on the wealthy and eagerly wading into a local political dispute over the powers of labor unions.

The visit to Michigan was the latest stop in a public-­relations effort by the White House aimed at harnessing Obama’s popularity across the country to generate momentum behind his plan to avoid the “fiscal cliff.” Shortly before Obama landed in Detroit, his still-active reelection campaign sent out a plea urging millions of supporters to pressure House Republicans to back the president’s approach.

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KTPH tops service levels, SGH shows largest improvement: survey

SINGAPORE: Service satisfaction levels at the majority of public hospitals and polyclinics have gone up compared to two years ago.

The Ministry of Health (MOH) said among the hospitals, Khoo Teck Puat Hospital achieved the best results at 83 per cent, followed by Alexandra Hospital at 79 per cent and Tan Tock Seng Hospital at 77 per cent.

Singapore General Hospital made the largest improvement of seven percentage points to score 74 per cent.

MOH said patients were particularly satisfied with the performance of hospitals' Specialist Outpatient Clinics.

Clinics at six out of seven hospitals registered improvements in the level of service rendered.

Polyclinics continued to improve on their previous scores with the overall satisfaction levels for the National Healthcare Group Polyclinics going up by two percentage points to 82 per cent and SingHealth polyclinics also up by two percentage points to 77 per cent.

Clementi Polyclinic (89 per cent), Jurong Polyclinic (87 per cent) and Hougang Polyclinic (86 per cent) achieved the best results among the polyclinics this year.

On average, more patients this year said that they would recommend the services of Specialty Centres to other patients (82 per cent) compared to 2010 (80 per cent).

The Institute of Mental Health (90 per cent), National Skin Centre (81 per cent) and the National University Heart Centre (79 per cent) led the way this year with their patients expressing the highest satisfaction.

MOH said overall, the healthy ratings reflect the high level of public confidence in the institutions, despite higher customer expectations.

However, there are areas which need to be addressed to better meet patient expectations.

Waiting times at healthcare institutions remain an area of dissatisfaction.

While the institutions continue to introduce innovative measures to improve the turnaround time for admissions and patient discharges, the Ministry of Health has also enhanced the Community Health Assist Scheme in January 2012 allowing more patients to seek subsidised medical treatment at the GPs near their homes.

Another area was in the coordination of care and transfer of information among the institutions.

The ministry said work will continue to ensure that patients experience seamless transits from acute hospitals to community care settings.

The National Electronic Health Records will also enhance the flow of patients' medical records across both public and selected private sector entities.

The Patient Satisfaction Survey 2012 was commissioned by the Ministry of Health and carried out by an independent survey company.

More than 12 000 patients took part in the survey from June to September 2012.

Patients were asked to assess their perceptions based on the following nine service quality attributes -

1. Knowledge and skills of doctor
2. Care and concern shown by doctors
3. Clear explanation by staff on the procedures and care
4. Knowledge and skills of nurses
5. Care and concern shown by nurses
6. Knowledge and skills of allied health professionals
7. Care and concern shown by allied health professionals
8. Care coordination
9. Facilities

- CNA/ck

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