Journey to Wealth
Kenanga Today : 19 July 2012
NEWS HIGHLIGHTS
- TNB ready to power MRT works
- Hua Yang 1Q net profit up 43.1% to RM16.47m
- Tanjung Offshore subsidiary gets purchase order worth RM40m
- TNB, Tanjong lead Prai bid
- Compugates gets RM1.2m Sabahcontract
- Yong Kung to buy rest of Starshine
- MBSB selling Gadini to Ken for RM56.2m
- George Kent chief: No indication on award of Ampang LRTproject
- Chan: Trinity land deal a non-issue
- Longervalidity for Zelan Job
FOREIGN NEWS HIGHLIGHTS
- Cogeco to pay USD1.4b for Atlantic Broadband, shares dive
- Singapore'sOCBC sells F&N, APB stakes for USD2.6b
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Malaysia
- The Inflation Rate For The Month Of June Moderated To 1.6%
Asia
- China's June Home Prices Rebound As Sentiment Improves
- China's Wen Vows Job Creation As Growth Slows
- India's Consumer Inflation Slows Slightly InJune
USA
- Home Starts In U.S. Rise To Highest Level Since2008
- Mortgage Applications Surge On Refinancing
Europe
- Spain's Banks Facing 156bn Euros Of Risky Loans
- UK Unemployment TotalFalls To 2.58m
- Osborne Plans $80 Billion U.K. Infrastructure Spending Boost
- Bank Of EnglandMpc Voted 7-2 To Increase Stimulus
Currencies
- Dollar Erases Gains Bernanke Testifies
Commodities
- Crude Advances On Housing Starts, Gasoline Inventories
- Gold Down On Uncertain Fed Outlook, Euro Debt Fear
Source: Kenanga
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
