Journey to Wealth
Kenanga Today : 23 July 2012
NEWS HIGHLIGHTS
- MMC eying JV with PAAB (Comment included in Kenanga Today)
- Sabri: PKNK's sale of FGVH shares won't affectany quarter
- Sime Darby plans Liberian palm oil bulking facilities
- DRB-HICOM, Proton lifeline for Lotus
- AFG unaware of progress on DBS-Temasek talks
- Guan Chong shareholders okay Singapore dual listing plan
- Top Glove plans to spend RM3.0b on capex
FOREIGN NEWS HIGHLIGHTS
- Viacom is said to get over USD600.0m a year from DirecTV
- Citic to buy Credit Agricole's CLSA unit for USD1.25b
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Asia
- South Korea To Ease Mortgage Lending Rule To SpurConsumption
Americas
- US Treasury 5-Year Yields Fall To Record On Europe Crisis
- Brazil Inflation Unexpectedly Jumps, Ending Downward Trend
Europe
- UK Austerity Could Last Until 2020: Cameron
- UK Public Borrowing Rises In June
Currencies
- U.S. Dollar Up; Euro Set For Third Weekly Decline
Commodities
- Oil FallsAs Europe Debt Woes Revive Economic Fear
- Gold Edges Up On Russian Cenbank Buying, Support Seen
Source: Kenanga
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