World stocks rose on Thursday and the dollar held steady as cautious investors awaited new growth and inflation forecasts from the European Central Bank later in the day and U.S. jobs data on Friday. The ECB left interest rates unchanged, as forecast, but central bank chief Mario Draghi is expected to unveil revised forecasts in a news conference beginning at 1230 GMT (8.30 a.m. EDT). U.S. employment data could be a major factor in determining whether the Federal Reserve raises rates later this month.
By Trinna Leong KUALA LUMPUR (Reuters) - An overloaded wooden boat believed to be carrying dozens of Indonesian illegal immigrants sank off the coast of Malaysia on Thursday, killing at least 14 people, among them 13 women, maritime officials said. The boat, which maritime officials estimated had about 70 people aboard, had left Sabak Bernam in Malaysia's western state of Selangor for Sumatra in neighboring Indonesia when the accident happened. Initial conversations with survivors led officials to believe the passengers were Indonesian, said Muhammad Aliyas Hamdan, an official of the Malaysian Maritime Enforcement Agency (MMEA).