Journey to Wealth
Kenanga Today - 9 July 2012
NEWS HIGHLIGHTS
- Petra Energy in talks on RSC job (Commentsincluded into Kenanga Today)
-Coastal Energy signs contract with Petronas
- FGV sets in motion its 100-day plan
- Felda Global units also eye cross-border expansion
- Maxis introduces enhanced home wireless internet plans
- Zelan wins 23-year concession deal for IIUM campus
- Malakoff delays IPO to 2013
- Bursa Malaysia enhances trading system
FOREIGN NEWS HIGHLIGHTS
- Virgin Atlantic plans Moscowflights using surrendered BA slots
- Hong Kong fund snaps up Jordan Dubai Capital
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Global
- Christine Lagarde: IMF To Cut Global Growth Forecast
- World Business Confidence Cools, U.S. A Bright Spot
Asia
- China May Miss 2012 Trade Growth Target: VicePremier
- Japan Could Run Out Of Cash By October:Minister
North America
- June Job Creation At 80,000; Rate Holds Steady At 8.2%
- Surprise Fall In Canada's Unemployment Rate In June
Europe
- Italy Approves Deep Cuts In National Spending
- Italy's GDP Will Shrink 2% In 2012
- UK Producer Prices Fall 0.4% In June
- UK Cuts ''6.7bn More Than Planned
Currencies
- U.S. Dollar Hits 2-Year High Vs. Euro After Jobs
Commodities
- Oil FallsAs U.S.Jobs Data Disappoints
- Gold Slides On Deflation Worry After US Jobs Data
Source: Kenanga
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