THE LATEST Barbara Lange, the 76 year old woman who went missing from her Phuket hotel earlier this month, is now headed back home to Germany. Yesterday, a team from the Phuket Tourist Assistance Center helped Barbara and her family at the Phuket International Airport. This news comes after Barbara was released from the hospital earlier this week. Barbara and her family thanked everyone who has helped them. Barbara is reportedly healthy, and happy to be going home. Barbara, who has Alzheimer’s Disease, went missing on May 9 after she went on a walk from her hotel in Thalang district. Rescuers found her on May 16 in a helicopter search in Sirinat National Park. PREVIOUS UPDATE Barbara Lange, the 76 year old woman who went missing from her Phuket hotel earlier this month, has been released from the hospital on Monday. She was being treated for exhaustion and weakness at Bangkok Hospital Phuket, after rescuers found her during a helicopter search in Sirinat National Park. … [Read more...] about UPDATE: German tourist who went missing in Phuket is headed home
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Mortgage rates fall slightly, but offer little relief to buyers
(CNN) Mortgage rates fell for a second consecutive week, but still remain above 5%. The 30-year, fixed-rate mortgage averaged 5.10% in the week ending May 26, down from 5.25% the week before, according to Freddie Mac. It is still well above the 2.95% average from this time last year. "Mortgage rates decreased for the second week in a row due to multiple headwinds that the economy is facing," said Sam Khater, Freddie Mac's chief economist. "Despite the recent moderation in rates, the housing market has clearly slowed, and the deceleration is spreading to other segments of the economy, such as consumer spending on durable goods." Buyers are finding homes even less affordable as inflation takes a larger chunk of their income and the cost of borrowing has reduced their purchasing power. Rates have risen sharply since January, pushing the cost of financing a home significantly higher for buyers. At the end of May 2021, a buyer who put 20% down on a … [Read more...] about Mortgage rates fall slightly, but offer little relief to buyers
Computer scientists explain why Musk’s obsession with Twitter bots misses the point
Twitter reports that fewer than 5% of accounts are fakes or spammers , commonly referred to as “bots.” Since his offer to buy Twitter was accepted, Elon Musk has repeatedly questioned these estimates, even dismissing CEO Parag Agrawal’s public response . advertisement advertisement Later, Musk put the deal on hold and demanded more proof . So why are people arguing about the percentage of bot accounts on Twitter? As the creators of Botometer , a widely used bot-detection tool, our group at the Indiana University Observatory on Social Media has been studying inauthentic accounts and manipulation on social media for over a decade. We brought the concept of the “ social bot ” to the foreground and first estimated their prevalence on Twitter in 2017. advertisement advertisement Based on our knowledge and experience, we believe that estimating the percentage of bots on Twitter has become a very difficult task, and … [Read more...] about Computer scientists explain why Musk’s obsession with Twitter bots misses the point
Indonesia expands search for missing AirAsia jet, US sends warship
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community Indonesia expands search for missing AirAsia jet, US sends warship Reuters / Phuket Gazette PHUKET: Countries around Asia on Tuesday stepped up the search for an AirAsia plane carrying 162 people that is presumed to have crashed in shallow waters off the Indonesian coast, with Washington also sending a warship to help find the missing jet. Soelistyo, head of Indonesia’s search and rescue agency, told local television the search area between the islands of Sumatra and Borneo would be expanded. The air force said authorities would investigate an oil spill sighted on Monday. Authorities would also begin scouring islands in the area as well as land on Indonesia’s side of Borneo. So far the focus of the search has been the Java Sea. The Airbus A320-200 operated by Indonesia AirAsia lost radar contact in poor weather on Sunday morning during a flight from the Indonesian … [Read more...] about Indonesia expands search for missing AirAsia jet, US sends warship
Planning A Birding Expedition Across Oʻahu? Don’t Miss Out On Turtle Bay Resort
Share to Twitter Share to Linkedin Hawaiʻi is renowned for its towering volcanoes and picturesque beaches, but for ecotourism aficionados, the rich biodiversity of the archipelago is one of its most enticing qualities. Millions of years of extreme geographic isolation have spurred unusually high levels of endemism in its native species, with no shortage of fascinating flora and fauna found nowhere else on earth. This high concentration of unique avian species has made Hawaiʻi a paradise for visiting birders, and in the northern reaches of Oʻahu, Turtle Bay Resort is inviting guests to get a close-up look at some of the island’s most iconic wildlife. While there’s a wealth of native and introduced birds that have been spotted on the property over the years (70 recorded species, to be precise), the property takes it one step further with the Shaka Kukakuka Birdwatching Tour, a curated expedition that offers prime birding opportunities along with some added … [Read more...] about Planning A Birding Expedition Across Oʻahu? Don’t Miss Out On Turtle Bay Resort
GFM Services’ net profit rises slightly in 1QFY22
- A + A KUALA LUMPUR (May 26): GFM Services Bhd’s net profit for the first quarter ended March 31, 2022 (1QFY22) increased by 4.42% to RM2.65 million from RM2.54 million a year earlier, on higher gross profit as the group incurred lower projects. During the quarter under review, GFM’s gross profit (GP) expanded to RM11.0 million, translating to a GP margin of 38.3%, versus 33.7% in 1QFY21 as the group incurred lower project costs. Net profit margins also expanded to 9.2%, from 7.9% in the same period last year. The company’s finance costs also reduced to RM4.9 million in 1QFY22, from RM5.4 million in 1QFY21, mainly due to the repayment of borrowings and a reduction in the repayment of KP Mukah Development Sdn Bhd’s term loan, following the lower overnight policy rate. Revenue for the quarter under review, however, declined 10.13% to RM28.8 million from RM32.05 million, mainly due to completion of several of the group’s facilities management projects and lesser … [Read more...] about GFM Services’ net profit rises slightly in 1QFY22
Alibaba Q1 FY 2022 Earnings Report Preview: What to Look For
Key Takeaways Analysts estimate adjusted EPS of RMB14.42 ($2.23) vs. RMB14.82 in Q1 FY 2021. Annual active consumers in China are expected to rise YOY. Revenue is expected to rise amid the Chinese government's crackdown on big tech. Alibaba Group Holding Ltd. ( BABA ) has not gone unscathed by the broad selloff in Chinese technology stocks. The sector shed hundreds of billions of dollars in market value in July amid a campaign by the Chinese government to rein in the power and influence of the country's tech giants. As part of the big tech crackdown, Alibaba was slapped with a fine worth $2.8 billion earlier this year for abusing its dominance over rivals and vendors on its e-commerce platforms. Investors will get a chance to focus on Alibaba's recent financial performance when it reports its Q1 FY 2022 earnings on August 3, 2021—the company's fiscal year ( FY ) ends in March. Analysts expect adjusted EPS to decline for the first time in at least four … [Read more...] about Alibaba Q1 FY 2022 Earnings Report Preview: What to Look For
Alibaba Q4 FY2022 Earnings Report Preview: What to Look For
Key Takeaways Analysts estimate adjusted EPS of RMB 6.11 ($0.92) vs. RMB 10.31 in Q4 FY 2021. Revenue is expected to rise, but at a markedly slower pace compared to recent quarters. Alibaba's growth is decelerating sharply amid the Chinese government's tech crackdown and its Covid Zero policy. Alibaba Group Holding Ltd. ( BABA ), China's giant e-commerce and cloud computing company, has seen its earnings and revenue performance weaken significantly over the past year. That deterioration is expected to continue, at least in the short term. Alibaba is being hurt by the economic fallout of China's Covid Zero policy, and by Beijing's broad crackdown on big tech companies. These developments have set back Alibaba's ambition to reach Amazon-like success in China. Investors will be watching to see if Alibaba is able to prevent a further deterioration of its financial performance when it reports earnings on May 26, 2022 for Q4 FY 2022. Alibaba's 2022 fiscal year ( FY … [Read more...] about Alibaba Q4 FY2022 Earnings Report Preview: What to Look For
Resistance Firms Ahead of Labor Report
Major Moves Trading was aimless during today's session as economic and earnings data came in below expectations. While there was plenty of bad news, some of the media's hand-wringing was a great example of post-hoc rationalization. This was particularly true in the energy sector. Each Wednesday, the Energy Information Administration (EIA) releases a report of oil inventories held by commercial firms in the U.S. Like most weekly reports, the data can be very "noisy," with wide swings from week to week. In a bullish oil market, we would like to see inventories fall because purchases and shipping are picking up. The weekly oil inventory report swung back hard today to show an increase of 7.1 million barrels versus a decrease of 8.6 million barrels last week. When the two data points are added together, we see a small net decrease over the past two weeks that is more likely to be an accurate reflection of the market. Most traders expected today's news after inventories were … [Read more...] about Resistance Firms Ahead of Labor Report
Trade Rally Fades on Rising Uncertainty
Major Moves After President Trump postponed the tariffs that U.S. importers would have had to pay on $200 billion of Chinese goods beginning on March 2, the S&P 500 hit a new short-term high today. However, a new tariff deadline or a schedule for meetings with Chinese President Xi were not provided by President Trump via his Twitter feed. The initial rally in U.S. equities faded through the rest of the day as interest rate-sensitive sectors like utilities and real estate declined. However, Chinese stock indexes continued to have the best day since 2015 following the trade news. As you can see in the following chart, the Shanghai Composite Index reached its full price projection based on the depth of the double bottom pattern formed in January. S&P 500 The worst performing sectors and stocks in the S&P 500 included just about anything paying a larger than average dividend yield like consumer staples, utilities and real estate investment trusts (REITs). … [Read more...] about Trade Rally Fades on Rising Uncertainty