YTL Community News http://www.ytlcommunity.com.my/ http://thestar.com.my/news/story.asp?file=/2012/5/17/nation/20120517111216&sec=nation Older people who reported drinking a few daily cups of coffee were less likely to die over the subsequent 14 years than were those who abstained from the beverage or rarely drank it, according to a U.S. study of 400,000 people. http://thestar.com.my/news/story.asp?file=/2012/5/17/nation/20120517111216&sec=nation http://www.nytimes.com/2012/05/13/opinion/sunday/friedman-this-column-is-not-sponsored-by-anyone.html?_r=1&ref=thomaslfriedman PORING through Harvard philosopher Michael Sandel’s new book, “What Money Can’t Buy: The Moral Limits of Markets,” I found myself over and over again turning pages and saying, “I had no idea.” http://www.nytimes.com/2012/05/13/opinion/sunday/friedman-this-column-is-not-sponsored-by-anyone.html?_r=1&ref=thomaslfriedman http://www.indianexpress.com/news/smartphones-encroaching-on-time-spent-with-l/930594/ Smartphones have affected the private lives of people, as it is encroaching on the time spent with loved ones, a study by telecom equipment maker Ericsson said today. As per a study on mobile broadband usage in India by Ericsson ConsumerLab, 34 per cent of the respondents said smartphones have "significantly encroached on quality time with spouse/close ones". http://www.indianexpress.com/news/smartphones-encroaching-on-time-spent-with-l/930594/ http://www.btimes.com.my/Current_News/BTIMES/articles/facezy/Article/ FACEBOOK frenzy is spreading ahead of the company's big-time stock market debut, with anything from Mark Zuckerberg's hoodie to the billion-dollar buy of Instagram sparking controversy. http://www.btimes.com.my/Current_News/BTIMES/articles/facezy/Article/ http://www.nytimes.com/2012/05/12/opinion/nocera-when-will-they-learn.html?_r=1&ref=joenocera “It plays right into the hands of a bunch of pundits out there,” sighed Jamie Dimon, the chief executive of JPMorgan Chase, on Thursday. He was on a conference call to analysts and reporters, and he tossed off that throwaway line in the course of acknowledging that his bank has lost some $2 billion on a complicated hedging strategy that had gone terribly awry. And, yes, he’s right: The giant loss, which involved credit default swaps — the same derivatives that had done so much damage during the financial crisis — does, indeed, play into the hands of the pundits. As well it should. http://www.nytimes.com/2012/05/12/opinion/nocera-when-will-they-learn.html?_r=1&ref=joenocera http://www.btimes.com.my/articles/rup08d/Article/ ECONOMIC models in the world need to be relooked with a new focus, pricing in the world's resources properly and "living within the means". To author and economist Graeme Maxton, the economic model which served the world is "200 years out of date". http://www.btimes.com.my/articles/rup08d/Article/ http://news.yahoo.com/spanish-police-clears-indignants-madrids-square-003131293.html More than a thousand demonstrators returned to a central Madrid square Sunday to demand the release of 18 people who were arrested earlier during an "Indignant" movement protest. http://news.yahoo.com/spanish-police-clears-indignants-madrids-square-003131293.html http://www.mmail.com.my/story/sony-posts-record-57-billion-full-year-loss Japanese electronics giant Sony on Thursday posted a record full-year loss of $5.7 billion (RM17.48 billion), but vowed it would swing back into the black this year as it embarks on a huge restructuring plan. http://www.mmail.com.my/story/sony-posts-record-57-billion-full-year-loss http://www.btimes.com.my/articles/20120513234939/Article/ China-based companies are exiting Malaysia’s and Singapore’s stock markets as they are not happy with the low valuations, analysts say, adding that these companies are looking at Hong Kong or Shanghai exchanges for better value. http://www.btimes.com.my/articles/20120513234939/Article/ http://biz.thestar.com.my/news/story.asp?file=/2012/5/12/business/20120512122836&sec=business Facebook CEO Mark Zuckerberg, whose limited role in promoting the No. 1 social network's market debut has drawn criticism, laid out its growth strategy to investors on Friday, saying that transforming its mobile and advertising experience are top priorities in 2012. http://biz.thestar.com.my/news/story.asp?file=/2012/5/12/business/20120512122836&sec=business