Journey to Wealth
Kenanga Today - 6 July 2012
IDEAS OF THE DAY (SEE SEPARATE REPORTS FORDETAILS)
- Technically Speaking: Market Snapshot: Stock of the Day' JCY International
- Quick Bites: S P Setia
- Economic Viewpoint: Bank Negara Malaysia MPC meeting
NEWS HIGHLIGHTS
- AirAsia's F&B segment aims to boost revenue contribution
- HSL wins RM291m UiTM campus contract
- MAS targets 20-30% digital revenue growth
- Gunung Capital in joint bid for Saudi job
- Hektar REIT bullish on strategies
- Ho Hup to start work on Bukit Jalil land
FOREIGN NEWS HIGHLIGHTS
- Qatar sticks to its guns on Glencore's Xstratabid
- Crunch time for Sinopec, ENN in USD2.2b China Gas bid
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Malaysia
- BNM MPC maintaining OPR at 3.00%
Asia Pacific
- China's Central Bank Cuts Interest Rates InGrowth Move
- Australia Racks Up Record Exports To ChinaIn May
USA
- Fewer Americans Than Forecast File Unemployment Claims
- ADP Says U.S. Companies Added 176,000 Workers In June
- Service Industries In U.S. Grew Less Than Forecast InJune
- US Retailers Hit By Slower Spending
Europe
- ECB Cuts Eurozone Rates To Record Low Of 0.75%
- Bank Of EnglandPumps ''50bn More Into Economy
- UK: House Prices Rose By 1% In June, SaysThe Halifax
- Ireland 'Encouraged' By Successful Bill Auction
Currencies
- Euro Falls To Five-Week Low After ECB, BOE
Commodities
- Oil Drops As ECB's Draghi Says Economic Risks Remain
- Gold Falls After Cenbank Easing, Eyes US Payrolls
Source: Kenanga
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