Cordlife Group posts S$5.6m net profit in fiscal Q2

SINGAPORE: Cord blood and tissue banking service provider Cordlife Group posted a net profit of S$5.6 million for its fiscal second quarter, boosted by a one-time disposal gain of $2.7 million.Excluding the disposal of its 10 per cent interest in China-based stem cell company, China Stem Cells (South) Company, Cordlife's underlying net profit grew over 50 per cent to S$3 million.Revenue...

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New generation of Kashmiris will identify with Afzal Guru: Omar Abdullah

JAMMU: Jammu and Kashmir chief minister Omar Abdullah has said that the new generation of Kashmiris will identify with 2001 Parliament Attack accused Afzal Guru because the latter belonged to their generation, and added that every generation of Kashmiris has his or her symbol. He said that to understand this phenomenon or feeling, there was need to have a deep knowledge of the Kashmiri history...

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Are Honeybees Losing Their Way?

A single honeybee visits hundreds, sometimes thousands, of flowers a day in search of nectar and pollen. Then it must find its way back to the hive, navigating distances up to five miles (eight kilometers), and perform a "waggle dance" to tell the other bees where the flowers are.A new study shows that long-term exposure to a combination of certain pesticides might impair the bee's ability...

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'Blade Runner' Charged With Murder of Girlfriend

Oscar Pistorius, the Olympic and Paralympic athlete known as the "blade runner," was taken into custody in South Africa today and charged with the murder of his girlfriend, who was fatally shot at his home.Police in the South African capital of Pretoria received a call around 3 a.m. today that there had been a shooting at the home of 26-year-old Pistorius, Lt. Col. Katlego Mogale...

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Obama urges a move away from narrow focus on politics of austerity

Just about every argument in Washington since the 2010 midterm elections, which returned control of the House to Republicans, has centered on reducing the federal deficit. On Tuesday night, President Obama leaned into his second term by declaring that a single-minded focus on deficit reduction would jeopardize the nation’s future. And he sounded an urgent call to rebuild. Reelected by...

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Bank of England says UK economic recovery in sight

LONDON: The Bank of England forecast on Wednesday that the British economy would experience a "slow but sustained" recovery, but 12-month inflation would top 3.0 percent in the summer months.Gross domestic product (GDP) was expected to grow by about 2.0 percent by the end of 2014 and remain positive despite some volatility amid the ongoing eurozone crisis, the central bank said in its...

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Court issues production warrant against Om Prakash Chautala in disproportionate assets case

NEW DELHI: A Delhi court on Wednesday sought the presence of former Haryana chief minister Om Prakash Chautala in a disproportionate assets case in which he is an accused. Special CBI judge Manu Rai Sethi issued the production warrant for Chautala for March 2 as the 78-year-old Indian National Lok Dal (INLD) chief was not brought to the court from jail, where he is lodged following his sentence...

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Obama Pledges U.S. Action on Climate, With or Without Congress

If there were anything in President Barack Obama's State of the Union to give hope to wistful environmentalists, it was the unprecedented promise to confront climate change with or without Congress, and to pursue new energy technology in the process.Following his strong statements in his inaugural address about the ripeness of the moment to address a changing climate, Obama outlined a...

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Charred Human Remains Found in Burned Cabin

Investigators have located charred human remains in the burned-out cabin where they believe suspected cop killer and ex-LAPD officer Christopher Dorner was holed up as the structure burned to the ground, police said.The human remains were found within the debris of the burned cabin and identification will be attempted through forensic means, the San Bernardino County Sheriff-Coroner...

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Thailand warns of possible threat to US consulate

BANGKOK: Thailand said on Tuesday that it had tightened security around the US consulate in the northern city of Chiang Mai in response to warnings of a possible terrorist threat.Prime Minister Yingluck Shinawatra said she had "instructed security officials to step up security protection" at the diplomatic facility."The US embassy did not make any special request but we have to be vigilant...

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