Journey to Wealth
Kenanga Today - 11 July 2012
NEWS HIGHLIGHTS
- MAS, Rolls-Royce sign engine maintenance pact
- Low, Mulberry to acquire Adventa for RM321.0m
- PJI wins RM110.0m power plant job
- PJBumi to sell Alam Flora stake for RM20.0m
- OCK Group IPO oversubscribed by 8.3x
- Raymond Chan exits Ariantec
FOREIGN NEWS HIGHLIGHTS
- Oracle buys Involver to expand in social-media tools
- Comcast's NBC to sell A&E Television stake for USD3b
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Asia Pacific
- China's Import Growth Misses Estimates For June
- New Zealand House Prices Rise To Record, Card SpendingGains
USA
- Job Openings In U.S. Rose In May After April Plunge
Europe
- Eurozone Ministers Agree 30bn Euros For Spanish Banks
- UK Trade Deficit Narrowed To ''2.7bn In May
- U.K. Manufacturing Unexpectedly Jumps OnWork-Day Boost
Currencies
- Dollar Hits 2-Year High On German, Italian Reports
Commodities
- Oil FallsAs Norway Strike Ends, China'sImports Slip
- Gold Down 1.3% On Weak Commodities, Market Jitters
Source: Kenanga
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