PETALING JAYA: A 57-year-old man was arrested on Tuesday for allegedly raping his 11-year-old step-granddaughter since she was eight here. Petaling Jaya police chief ACP Nik Ezanee Mohd Faisal said today that the victim who is the fourth child of six siblings had gone to live with her grandmother and the suspect after her parents…
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Two persons, Motunrayo Olasebikan and Abideen Adefisayo Tijani have been arraigned before Justice Ladiran Akintola of the Oyo State High Court in Ibadan for alleged involvement in a visa scam.The Economic and Financial Crimes Commission (EFCC) is prosecuting the suspects on a seven-count charge of conspiracy, forgery and uttering.This was disclosed in a statement issued…
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Duchess Kate Middleton was recently part of a nice little video boosting the spirits of tennis fans who are missing out on Wimbledon this year.Of course, internet trolls claiming to be fans of Meghan Markle have attacked Kate, and not for the first time.I’m sure this little group of weird internet trouble makers isn’t representative…
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Tesla stock continues to surge, with shares breaking through $1,100 today.CEO Elon Musk tweeted that a stock split was worth discussing.This won’t change the company’s fundamentals, but it may pull the wool over retail investors’ eyes.Tesla stock (NASDAQ: TSLA) is up around 3% today. The Elon Musk-led carmaker is currently jockeying with Toyota (NYSE: TM) for…
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The chief investment officer of CalSTRS is planning to sell stocks for the remainder of 2020.Institutional investors are worried about the disconnect between the ‘V-shaped’ stock market and the ‘W-shaped’ economic recovery.Equity markets are coming off their best quarter in decades, though gains slowed substantially in June.One of America’s largest pension funds is planning to…
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A leading indicator of housing market demand fell for a second straight week.The number of homeowners in forbearance has also begun to climb again.Is the U.S. housing market recovery starting to fizzle out?Everything was going so smoothly for the U.S. housing market. Purchase demand had spiked to 11-year highs. Pending sales had recorded their largest…
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EU travel limits on Americans will hit United Airlines harder than other major airlines.Nearly a fifth of United Airlines’ revenues come from Atlantic flights.Europe contributes nearly 30% of the carrier’s net income.The EU has excluded the U.S. from the list of “safe countries” whose citizens are allowed to travel to the bloc. This will extend…
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Aaron Rodgers is one of the greatest quarterbacks in the NFL.But when the Packers selected a quarterback rather than a much-needed wide receiver, many thought it might be the team’s way of showing him out the door.With how he has played so far this season—he is not going anywhere. But his resurgence has made some…
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Fed Vice Chair Richard Clarida said the central bank would retain low interest rates and let inflation run higher than 2% at times.The Fed’s reassurance isn’t helping the Nasdaq, which has declined by 11.8% since September 2.Investors remain rattled by the pandemic-induced correction despite the Fed’s dovish stance.Federal Reserve Vice Chairman Richard Clarida reaffirmed the…
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